Global Tube Packaging Market 2015-2019
About tube packaging
In broader terms, packaging refers to the technology of enclosing a product for the purpose of storage, distribution, sale, and use. Tube packaging comes under the category of flexible packaging. Tube packaging products are made of flexible or easy-yielding materials that can easily change shape based on the nature of the product being packaged. These materials include plastic, aluminum, and paper. These materials undergo a detailed conversion process, which can include printing, lamination, coating, and extrusion, to develop different sizes tube packaging, depending upon the requirement of the product packed in it. Tube packaging are mainly used to pack the products such as various pharmaceutical products, food, oral care products, skin care products, and other consumer care products. Packaging these days is not only used to protect a product from spoilage, it also plays an important role in improving the overall aesthetic appeal of the product, provides essential information about the product, and offers convenience for consumers in terms of handling/carrying the product.
Technavio's analysts forecast the global tube packaging market to grow at a CAGR of 6.72% over the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the global tube packaging market for the period 2015-2019. The market can be segmented into four based on the following: end-users, product, material, and geographies.
Technavio's report, Global Tube Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, APAC, and ROW; it also covers the global tube packaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Tube Packaging Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Tube Packaging Market: Albéa, Amcor, Constantia Flexibles, Essel Propack and Huhtamaki
Other Prominent Vendors in the market are: 3D Packaging, Alltub, Antilla Propack, Cores and Tubes, CTL Packaging, Excel Tubes and Cones, KAP CONES, M&H Plastics, Montebello Packaging, MPack, Neopac, Prutha Packaging, Skypack, Sonoco, Tuboplast, VisiPak, and World Wide Packaging.
Commenting on the report, an analyst from Technavio’s team said: “Many consumer product manufacturers realize the need to introduce eco-friendly packaging material to promote sustainability and attract eco-conscious consumers. Manufacturers are emphasizing the use of recyclable materials in packaging, and use of resins derived from renewable resources. We expect minimal use of non-biodegradable materials in packaging.”
According to the report, customer convenience has become a matter of priority for almost all companies, and the same is applicable in packaging product companies as well. As a result, these companies have introduced many innovative packaging products such as airless packs and tester size packs.
Further, the report states that the raw materials used in the manufacture of tube packaging products, such as aluminum, plastic, and paper, have volatile prices. Demand-supply gaps trigger fluctuations in prices.
Albéa, Amcor, Constantia Flexibles, Essel Propack, Huhtamaki, 3D Packaging, Alltub, Antilla Propack, Cores and Tubes, CTL Packaging, Excel Tubes and Cones, KAP CONES, M&H Plastics, Montebello Packaging, MPack, Neopac, Prutha Packaging, Skypack, Sonoco, Tuboplast, VisiPak, World Wide Packaging.
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