DUBLIN--(BUSINESS WIRE)--The "Global
Tube Packaging Market - Segmented By Material (Plastic, Paper,
Aluminum), Packaging, End-user, and Geography - Growth, Trends, and
Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's
The global tube packaging market was valued at USD 7.06 billion in 2017, and is expected to reach a value of USD 9.79 billion by 2023, at a CAGR of 5.46%, during the forecast period (2018-2023).
Personal Care Products to Hold a Major Share of the Market
The personal care market is expected to witness a healthy growth during the forecast period, owing to the growing importance of appearance among, both, men and women. Tube packaging finds extensive use by manufacturers as it meets multiple requirements, such as price, convenience in usage, particularly for specialty cosmetics. It is also an eco-friendly packaging option, which enables the manufacturer to include this in their branding efforts. Longer shelf life and robust barrier properties coupled with the ease of transportation, owing to its less bulky nature aid in the usage of tube packaging for cosmetics.
Consumers prefer the convenience of tube packaging, as it comes in a variety of heads that makes dispensing cosmetics much easier, and also allows less wastage of the product. For both cosmetic brands and consumers, require portable and ease in one-handed application, which is more hygienic for the user. Thus, opting for a tube as a preferred packaging solution. All these factors have driven the adoption of tube packaging in the personal care sector.
Other Key Highlights
- Growing Consumer Consciousness about Appearance to Drive the Market in the Middle East
- Stick Tubes to Witness Fastest Growth
- Amcor Limited
- Bemis Company
- Berry Plastics
- Essel Propack Limited
- Visipak Inc.
- Intrapac International
- Fischbach KG
- CCL Industries
- Intrapac International Corporation
- Alba S.A.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Tube Packaging Market Segmentation
6. Competitive Intelligence
7. Investment Analysis
8. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/wp42lc/global_tube?w=4