DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Tube and Stick Packaging Market 2017-2021" report to their offering.
The global tube and stick packaging market to grow at a CAGR of 7.18% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global tube and stick packaging market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in the market is emergence of multi-layered laminated tubes. The pharmaceutical industry and skin care companies are coming up with more advanced natural and sophisticated formulations. These products have increased the demand for protective packaging.
According to the report, one driver in the market is availability of raw materials at low price. Easy availability of basic materials for packaging is a concern for every company. Tube and stick packaging is a success in the packaging industry because it offers advantages in terms of cost. The raw materials used in tube and stick packaging are plastic, polymers, aluminum foil or fiber, and cardboard paper.
Further, the report states that one challenge in the market is rigid packaging requirements. It is a convenient form of packaging that appeals to consumers due to their single-serve format, easy usability, and one-time use functionality. However, the market is witnessing intense competition from rigid packaging materials, as its market is ten times that of flexible packaging.
- Constantia Flexibles
- Essel Propack
Other prominent vendors
- 3D Packaging
- CTL Packaging
- M&H Plastics
- Montebello Packaging
- Prutha Packaging
- World Wide Packaging
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Market segmentation by product type
Part 08: Drivers and challenges
Part 09: Market trends
Part 10: Vendor landscape
Part 11: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/5wlchb/global_tube_and