Demand for collapsible tubes market has grown manifold in the recent past, owing to their applications in the cosmetics industry
Albany, NY -- (SBWIRE) -- 06/13/2018 -- A new research study titled, "Collapsible Metal Tubes Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025" has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the study, the collapsible metal tubes market is likely to grow at a CAGR of over 4% during the assessment period 2017-2025.
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According to the report, demand for collapsible tubes market has grown manifold in the recent past, owing to their applications in the cosmetics industry. The stringent regulations pertaining to use of plastic in packaging has meant that collapsible tubes have garnered considerable market share in the recent past. Sensing the growing opportunities in the market, collapsible metal tube manufacturers are focusing on improving their production capacity. Acquisition of small and regional players is also growing ground among manufacturers.
Although the outlook on collapsible metal tubes market remains positive, concerns pertaining to low acceptance and higher cost are impeding growth. Also, the growing emphasis on offering end-users with required materials has created situations of overcapacity in the recent past. These factors continue to be challenges for collapsible metal tube manufacturers around the globe.
The research report has segmented the market on the basis of product type, closure type, capacity type, end-use, and region. On the basis of product type, the key segments include squeeze tube and twist tube. By closure type, the key segments include stand up cap, flip top cap, nozzle cap, and fez cap. The key segments on the basis of capacity type include less than 20ml, 20 to 100ml, and over 100ml. By end-use, the market has analyzed demand in cosmetics, industrial, food, pharmaceutical, home & personal care, and others. By region, market forecast and analysis has been offered in North America, Europe, Latin America, Middle East & Africa, and Asia Pacific.
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According to the research study, Asia Pacific will continue to be one of the leading markets for collapsible metal tubes during the assessment period. Many countries in Asia Pacific have become hubs of manufacturing and export packaging materials to industries all over the world. China and ASEAN are among the lucrative markets for collapsible metal tubes market, and the situation is likely to remain unchanged during the assessment period.
The research study also offers information and analysis on the competitive landscape in the market. According to the study, some of the leading players in the collapsible metal tubes market include Montebello Packaging, Auber Packaging Co., Ltd., Andpak Inc., Adelphi Healthcare Packaging, Linhardt GmbH & Co. KG, SUBNIL Packaging Machineries (P) Ltd., Universal Metal Products, Antilla Propack, Essel Propack Limited, Albéa S.A., PAKET CORPORATION, D.N.Industries, ALLTUB Group, Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging Co., Ltd., Jiujiang Deshun Adhesives Co., Ltd., and Almin Extrusion.
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