The German polyethylene plastic tube market was valued over $60 million in 2018 and is anticipated to grow at a CAGR of around 7.3% 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, ban on the use of plastics due to its environmental effects and fluctuation in prices of raw materials can hinder the growth of the market. 

Well-developed plastic industry scenario in the country is also estimated to fuel the country’s market growth. According to the Germany Trade and Invest (GTAI), in 2016, the country had the highest demand for plastic in Europe with 25% of 50 million tons. It is the most preferred FDI destination for plastic industries as out of 768 projects projected related to plastic in Europe during 2012-2017, 20% were of Germany. The country has a significant number of plastic machine manufacturers, plastics and rubber recycling players along with the application industries. Moreover, the aforementioned society also mentioned that there were more than 3,350 companies related to plastic out of which around 2,900 are related to plastic processing, 250 to plastic machinery and 200 to plastic production in 2016. 

The report analyzes the German polyethylene plastic tube market on the basis of end-user 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 Berry Global, Inc., Linhardt GmbH & Co KG, Hoffmann Neopac AG, Huhtamäki Oyj, 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 German polyethylene 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 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. German Polyethylene Plastic Tube Market Research and Analysis by End-User

The Report covers:

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