Global Tube Packaging Market Is Grow at a CAGR of 8.5% and Expected to Reach USD 14.12 Billion by 2026 from USD 6.75 Billion in 2017

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Lewes, DE -- (SBWire) -- 01/30/2019 --Global Tube Packaging market is accounted for $6.75 billion in 2017 and is expected to reach $14.12 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Advancements in packaging technology, demand for excellent barrier properties and growth in the cosmetics & toiletries sector are some of the key factors driving the market growth. However, banned raw material cost and availability of substitutes are factors hampering the market growth.

A tube is a unfilled structure, both ends of which are treated in a different way during the manufacturing process and filling. A tube has a round orifice at one end that is closed with the help of a cap. The orifice can be shaped in many different ways, for instance, plastic nozzles that of varied styles and lengths. Tube packaging contains no germs due to the high temperatures during the production process. As it is possible to coat the inside of a tube with special coatings, the tube does not react with its contents.

On basis of material type, laminated segment held considerable market share due to increasing demand for packaging with outstanding barrier protection, which is necessary for packaging pharmaceutical products. By Geography, Europe acquired the largest market share during the forecast period due to its large-scale use in a variety of healthcare and toiletry products. However, due to technological developments in this region, the market is now growing in the European countries. Moreover, Asia -Pacific market is growing at a huge pace in emerging markets of the region such as China, India, and Japan. The reason for the market is the increasing middle-class population of the region and increasing incomes, which drive the demand for easy and safe packaging.

Some of the key players profiled in the Tube Packaging market include D Technopack Ltd, Worldwide Packaging Inc, Visipak, Unicep Packaging, Huhtamaki OYJ, Sonoco Packaging Company, Montebello Packaging, M&H Plastics, Intrapac International Corporation, Auber Packaging Solutions, Hoffmann Neopac AG, Essel Propack Ltd, Alltube Group, Ctl Packaging, Constantia Flexibles, CCL Packaging, Albea Group, Amcor Ltd, Unette Corporation and Viva Group.

Material Types Covered:
- Plastic Tubes
- Aluminium Tubes
- Laminated Tubes
- Other Material Types

Types Covered:
- Twist Tubes
- Squeeze Tubes
- Rigid tubes
- Extruded tubes
- Other Types

Applications Covered:
- Shaving Cream
- Toothpastes
- Sealant
- Ointments
- Adhesives
- Consumer Goods
- Other Applications

End Users Covered:
- Sports
- Pharmaceuticals
- Food & Beverages
- Cosmetics & Oral Care
- Cleaning Products
- Other End Users

Regions Covered:
- North America
US
Canada
Mexico

- Europe
Germany
UK
Italy
France
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Spanning over 170 pages "Tube Packaging - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Tube Packaging Market, By Material Type, Global Tube Packaging Market, By Type, Global Tube Packaging Market, By Application, Global Tube Packaging Market, By End User, Global Tube Packaging Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - D Technopack Ltd, Worldwide Packaging Inc., Visipak., Unicep Packaging, Huhtamaki OYJ., Sonoco Packaging Company, Montebello Packaging, M&H Plastics, Intrapac International Corporation., Auber Packaging Solutions, Hoffmann Neopac AG.

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