The Asia-Pacific tube packaging market is estimated to have a significant CAGR of around 8.2% during the forecast period. The major factors that propel the growth of the market include the rising demand for flexible packaging in pharmaceutical, food & beverage, and personal care products and other industry. Moreover, the growing e-commerce industry further provides ample opportunity to the tube packaging market as convenient packaging solutions are widely accepted in e-commerce logistics. As per the United Nations Conference on Trade and Development (UNCTAD), in 2017, global e-commerce sales grew 13%, hitting an estimated $29 trillion. Apart from a large number of internet shoppers making purchases from domestic vendors, the share of consumers buying products from abroad increased from 15% in 2015 to 21% in 2017. 

The Asia-Pacific tube packaging market is classified on the basis of material type and vertical. Based on material type, the market is segmented into laminated tubes, aluminum tubes, plastic tubes and others. Based on vertical, the market is segregated into cosmetic and oral care, food & beverages, pharmaceutical, and others. The tube packaging in the cosmetic and oral care market is estimated to project a considerable CAGR during the forecast period. Geographically, the Asia-Pacific tube packaging market is segmented into China, India, Japan, and the Rest of Asia-Pacific. China is expected to contribute a significant share in the Asia-Pacific market. 

The Asia-Pacific tube packaging market is influenced by product development and advancements conducted by the market players. The key players of the tube packaging market include Albéa Services S.A.S, Amcor PLC, Essel Propack Ltd., IntraPac International LLC, Shree Rama Multi-Tech, Ltd., and others. These players are playing a significant role in the growth of the tube packaging market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

Research Methodology

The market study of the Asia-Pacific tube packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

• Financial reports of companies involved in the market
• Whitepapers, research papers, and news blogs
• Company websites and their product catalog

The report is intended for tube packaging market players, packaging industry, contract manufacturers, raw material suppliers, distributors & traders, industry associates & experts, government organizations, regulatory bodies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:

1. Asia-Pacific Tube Packaging Market Research and Analysis by Material Type
2. Asia-Pacific Tube Packaging Market Research and Analysis by Vertical

The Report covers:

• Comprehensive research methodology of the Asia-Pacific tube packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific tube packaging market.
• Insights about market determinants that are stimulating the Asia-Pacific market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.