China plastic tube market was $333 million in 2018 and is anticipated to grow at a CAGR of 7.1% during the forecast period. The growth of the market is attributed to the integration of printing and design technology by plastic tube manufacturers that enhance the packaging capabilities and have strong economic prospects. Advanced packaging technology has allowed companies to introduce innovation in products rather than adhere to traditional packaging methods. Many companies, therefore, adopt sustainable and intelligent innovation in their product designs. The consumption of plastic tubes is increasing due to several benefits of plastic tubes such as ease of use, portability, and convenience. However, a ban on the use of plastic due to its environmental effects and fluctuation in prices of raw materials may hinder the growth of the market. 

The plastic tubes market in China is estimated to witness potential growth owing to the growth in personal care products and food & beverage industry in the country. The consumers in China are becoming highly sophisticated for their needs of personal care and cosmetics products and the local companies are catching up by using natural ingredients. As per the International Trade Administration (ITA), the country has an estimated revenue of $50 billion in domestic sales of personal care and cosmetics products in 2015. Rapid urbanization and increasing disposable income are the crucial factors contributing to the rising demand for personal care and cosmetics products in the country. For instance, cosmetics consumption in China is significantly prevalent in tier 1 megacities, with considerable penetration in the country’s inland tier 2 and tier 3 cities. 

The report analyzes the China plastic tube market on the basis of type and end-user. Based on type, the market is classified into polyethylene, polypropylene, polyamides, and others. Polyethylene type of plastic pipe led the market in 2018 and is further estimated to follow the same trend over the forecast period. Based on end-user, the market is segmented into pharmaceutical, cosmetic, oral care, and others. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe. Some of the key market players include Essel Propack, Ltd., Prisha Tubes Pvt. Ltd., Shree Rama Multi-Tech, Ltd., Berry Global, Inc., Saint-Gobain Performance Plastics, Inc., and Others. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. 

Research Methodology

The market study of the China plastic tube 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 breakdown 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 plastic tube manufacturers, cosmetic companies, food and beverage manufacturing companies, pharmaceutical companies, market research firms, and government organizations, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth 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. China Plastic Tube Market Research and Analysis by Type
2. China Plastic Tube Market Research and Analysis by End-User

The Report covers:

• Comprehensive research methodology of the China plastic tube 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 China plastic tube market.
• Insights about market determinants which are stimulating the China plastic tube market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.