Laminated Tube Packaging Market Likely to Grow at a CAGR Of 7.65% during 2016-2022
Arizton Advisory & Intelligence has published an exclusive report on the Tube Packaging Market – Global Outlook and Forecast 2017–2022. The report includes the analysis of key segments of the tube packaging market and provides the market size and forecast of each segment.
View Report: Tube Packaging Market – Global Outlook and Forecast 2017–2022.
Laminated Tube Packaging Market
Analysts at Arizton say that laminated tube packaging is the fastest growing segments in the packaging industry and is likely to grow at a CAGR of 7.65% during the period 2016–2022. The key players in the market such as Essel Propack and The Albea group are collaborating with various cosmetic and pharma companies, and are developing innovative technologies concerned with the manufacturing process of laminated tubes.
Laminated tube packaging is a packaging technique processed from laminated materials and are widely used in cosmetics, daily necessities, medical products, and others. These tubes are manufactured from web-like materials that consist of a series of layers and longitudinal edges of the laminate are welded to form the tube body. Based on the contents and products, these tubes come with different layers such as aluminum, plastic, ceramic, or polyester. Laminated tubes are usually supplied to the toothpaste industry; however, they are now extensively used in the cosmetics and other markets as well. Manufacturing of laminate tubes is carried out by using the laminate feedstock, a simple poly-foil-poly structure, which includes polyethylene on the sides of a thin gauge of foil and some paper is incorporated as well.
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The report further provides the market size of the following segments
Material Type: Aluminum, Plastic, and Laminates
End Users: Beauty and cosmetic, Pharma and health, Food, Oral care, and House care
Major Geography: APAC, Europe, Latin America, MEA, and North America
Key Countries: Canada, China, India, Japan, and the US
The laminated tube packaging market is followed by the plastic packaging segment. The rise in demand for airless tubes and the availability of innovative and high-quality printing techniques on the tubes are a few of the growth drivers of the plastic tubes market.
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