Tube Packaging Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2020
Deerfield Beach, FL -- (SBWIRE) -- 10/03/2016 -- A tube is a hollow and cylindrical container used to store thick liquids like ointment, adhesive, caulking and toothpaste, called as tube. It is made up of different kind of materials like plastic, aluminum or paperboard, etc. Tubes are widely used in packaging application. Tube packaging is used in different industries such as printing, labeling, punching, slicing, etc. Tube packaging market is mainly classified in two types such as squeeze tubes and twist tubes.
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The tube packaging market mainly is driven by rising flexible packaging industries coupled with innovative packaging and excellent barrier properties. High Quality Printing at Lower Cost is also key driving factor of this market. The increasing population has also expectant tube packaging market. The Asia-Pacific region is expected to be fastest growing market in tube packaging during the forecast period. The demand for tube packaging is estimated to increase in developing countries, such as China, India, and other countries. Moreover, the rising demand for cosmetic and personal care products globally is also contributory to the growth of this market. However, stringent government regulations hamper the growth of this market.
The report includes detailed competitive landscape of the global tube packaging market and an analysis of Porter's five forces model for the tube packaging market has also been included. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the tube packaging market based on products type, Material, application and region segment. Squeeze tubes, twist tubes and other tubes are the products type of tube packaging market. Squeeze tubes are expected to the leading segment for tube packaging.
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Key application market for tube packaging includes cosmetics & oral care, food & beverages, pharmaceuticals and consumer goods. Cosmetics & oral care application segment is expected to observer enormous growth in the next few year in tube packaging followed by Pharmaceutical. Key material market for tube packaging includes laminated tubes, aluminum tubes, plastic tubes and other tubes. Laminated tube segment dominated the tube packaging market.
Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for tube packaging based on individual products, and applications in all the regions and countries. In terms of revenue, Europe was the leading segment of this global tube packaging market.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Huhtamaki OYJ, Amcor Ltd., Sonoco Products Company, Essel Propack, Amcor Limited, Montebello Packaging and Unette Corporation.
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This report segments the global tub packaging market as follows:
Global Tube Packaging Market: Product Segment Analysis
Global Tube Packaging Market: Application Segment Analysis
Cosmetics & Oral care
Food & Beverages
Global Tube Packaging Market: Material Segment Analysis
Global Tube Packaging Market: Regional Segment Analysis
Middle East & Africa
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