Tube Packaging Market Worth 9.30 Billion USD by 2021 - Exclusive Report by MarketsandMarkets™

CHICAGO, June 25, 2019 /PRNewswire/ -- According to a research report "Tube Packaging Market by Type (Squeeze Tubes, Twist Tubes), Application (Cosmetics & Oral Care, Food & Beverages, Pharmaceuticals, Cleaning Products), Material (Laminated, Aluminum, Plastic), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the Tube Packaging Market size is estimated to grow from USD 6.65 Billion in 2016 to USD 9.30 Billion by 2021, at a CAGR of 6.9%.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128857249

Browse in-depth TOC on "Tube Packaging Market"
202 – Tables
44 – Figures
209 – Pages

View detailed Table of Content here:

https://www.marketsandmarkets.com/Market-Reports/tube-packaging-market-128857249.html

The tube packaging market is projected to witness significant growth in the next few years with the increasing demand from the cosmetics industry for tube packaging as tubes protect cosmetic products from bacteria; in addition, squeeze tubes limit the exposure of the content to the outer atmosphere, thus increasing the shelf-life of the products.

Cosmetics & oral care gain maximum traction during the forecast period

The cosmetics & oral care segment dominated the market in 2015 and is projected to be the fastest-growing end-user sector in the next five years, as a result of the increase in demand for innovative packaging in various industries, which drives the market for tube packaging. Tube packaging is re-closable, non-reactive, allows for easy dispensing, and is available in small packages.

Request Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=128857249

Laminated segment to grow at the highest rate during the forecast period

The laminated segment is projected to grow at the highest CAGR during the forecast period, as a result of the increase in demand for packaging with excellent barrier protection, which is essential for packaging pharmaceutical products. Laminated tubes also minimize the transfer of oxygen and light, thus protecting the substance, which also drives the demand for laminated tubes.

The European region accounted for the largest market share for tube packaging market in 2015.

The U.K. contributes a major market share in the European tube packaging market. The demand for convenient, safe, and sustainable packaging will drive the market for tube packaging in the U.K.  Europe is a developed region; with busy lifestyles and growing working population, the demand for convenience and on-the-go food is high, which is driving the market for tube packaging.

The major players in the Tube Packaging Market include Amcor ltd. (Australia), Albea Group (France), Huhtamaki OYJ  (Finland),Constantia Flexible  (Austria), Sonoco Product Company (U.S.), VisiPak ltd (U.S.), Essel Propack Ltd (India), Montebello packaging  (Canada), and Unette Corporation (U.S.).

Get 10% Free Customization on this Report:

https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=128857249

Browse Adjacent Markets: Packaging Market Research Reports & Consulting

Related Reports:

Stand-up Pouches Market by Type (Aseptic, Standard, Retort, Hot-filled), Form (Round Bottom, Rollstock, K-Style, Plow/Folded Bottom, Flat Bottom), Closure Type (Top Notch, Zipper, Spout), Application, and Region - Global Forecast to 2023

Medical Packaging Market by Material (Polymer, Non-woven Fabric, Paper & Paperboard), Packaging Type (Bags & Pouches, Trays, Boxes), Application (Medical Equipment & Tools, Medical Devices, Implants, IVDs), Packing Type, and Region - Forecast to 2022

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/tube-packaging-market.asp

Visit Our Website: https://www.marketsandmarkets.com

Content Source: https://www.marketsandmarkets.com/PressReleases/tube-packaging.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets