Tubes are one of the most popular packaging formats for thick liquid products from industries such as food, pharmaceuticals, and cosmetics among others. Their soft, squeezable characteristics are up for sterilization and hermetic seals, which occur with high temperatures in the production processes.
These tubes are often treated with a number of laminates and coatings, which stop the material of the tube from reacting with the contents. In addition, tubes are also highly popular among end consumers owing to the ease of use and storage, which makes it a preferred options for companies operating in the oral, cosmetics, food, and pharmaceutical sectors.
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In terms of beauty and cosmetic products, the overall global estimated demand for squeezable tubes packaging is around 19 million units in 2018 accounting for a value of around USD 700 million during this period. This high rate of consumption can largely be attributed to high usage rates of cosmetics products, the diversity of the consumer population and a young target population group.
Major Manufacturers Focus on Bolstering Consolidation Activity
The market for squeezable tubes packaging is very fragmented in nature, with a large number of regional and international players, with competition focused on factors such as design, implementation, and technology.
Some of the top manufacturers involved in the industry include Prutha Packaging, Amcor Limited, Alltub, Ampac, Excel Tubes and Cones, Multivac, M&H Plastics, Dupont, Neopac, Essel Propack, Montebello Packaging, Constantia Flexibles, and Antilla Propack among others.
A large number of companies in the industry are aiming to push ahead of the competition, by expanding their product portfolios, in addition to reaching into untapped markets through business collaborations. In addition to partnerships, manufacturers are also investing efforts in setting up acquisitions, and mergers, which largely aims to build on research and development activities.
On the basis of material type, the global Squeezable Plastic Tubes market report covers the footprint, and consumption of the segments including
The global Squeezable Plastic Tubes market covers the demand trends of each end user which includes
- Beauty and Personal Care Packaging
- Food Packaging & Serving
- Homecare Packaging
- Pharmaceutical Packaging
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What insights readers can gather from the Squeezable Plastic Tubes market report?
- A critical study of the Squeezable Plastic Tubes market.
- Learn the behavior pattern of every Squeezable Plastic Tubes market player – product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Squeezable Plastic Tubes landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
The Squeezable Plastic Tubes market report answers the following queries:
- Which players hold the significant Squeezable Plastic Tubes market share and why?
- What strategies are the Squeezable Plastic Tubes market players forming to gain a competitive edge?
- Why region is expected to lead the global Squeezable Plastic Tubes market?
- What factors are negatively affecting the Squeezable Plastic Tubes market growth?
- What will be the value of the global Squeezable Plastic Tubes market by the end of 2029?
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