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Tube packaging Market worth $13.0 billion by 2026

asianewswire.net by asianewswire.net
July 26, 2022
in Press Releases
Tube packaging Market worth $13.0 billion by 2026
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(EMAILWIRE.COM, July 26, 2022 ) The report “Tube packaging Market by Type (Laminated, aluminum, plastic), Application (Oral care, cosmetics, pharmaceuticals, food & beverage, cleaning products), & Region (North America, Europe, APAC, Middle East, and South America) – Global Forecast to 2026″, size is expected to grow from USD 9.5 billion in 2021 to USD 13.0 billion by 2026, at a CAGR of 6.6% during the forecast period. The growth is due to the growing demand from oral care and cosmetics application throughout the world. Furthermore, tubes are lightweight and can be easily transported as they occupy less space. They provide benefits such as protection, compactness, convenience, reliability, and cost-effectiveness. The growth of global flexible packaging industry is driving the tube packaging market.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128857249

Cosmetics is expected to be the fastest growing application in the Tube packaging market during the forecast period.

Cosmetics is the fastest-growing application segment in the Tube packaging market. Improved standards of living, coupled with the rising disposable income of the working middle-class population in emerging economies, is expected to propel the market in the cosmetics segment. It accounted for a share of about 20.3% of the Tube packaging market, in terms of value, in 2020.

Don’t miss out on business opportunities in Tube packaging Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=128857249

Browse in-depth TOC on “Tube packaging Market”
214 – Market Data Tables
37 – Figures
199 – Pages

APAC is expected to hold the largest market share in the global tube packaging market during the forecast period.

APAC accounted for the largest share of the Tube packaging market in 2020. The market in the region is growing because of the increase in demand for small and innovative packs for cosmetics and oral care applications in this region.

Amcor (Switzerland), Albea Group (France), Essel Propack Limited (India), Hoffman Neopack AG (Switzerland), and Huhtamaki Oyj (Finland), are the leading tube packaging manufacturers, globally.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=128857249

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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