The US tube packaging market is projected to witness a considerable CAGR of around 7.2% during the forecast period. The pivotal factors that are contributing to the growth of the market include the increased demand for convenient food amongst the people in the region. Owing to the quickening pace of life and changing lifestyles of people there has been an increased demand for convenient and flexible tube packaging across the country. Moreover, the presence of a large number of small tube packaging manufacturers is further offering growth opportunity to the tube packaging market.
The US 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. Further to be used for packaging in the food & beverage industry tubes have excellent resistance to a vast range of harsh chemicals, including aggressive food products and cleaning solutions. Moreover, various companies manufacture plastic tubes for the food & beverages industry such as Unicep Packaging and IntraPac that manufacture plastic tubes for food and beverage packaging. These companies provide tailored tubes as per customer preference and need. The tubes which are most used in the food industry include laminated tubes and seamless plastic tubes.
The US tube packaging market is influenced by product development and advancements conducted by the market players. The key players of the tube packaging market include CCL Industries Corp., Amcor PLC, IntraPac International LLC, Unette Corp., Unicep Packaging, LLC, 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 US 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 breakdown the market into 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:
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:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the USTube Packaging Industry
• Recovery Scenario of the USTube Packaging Industry
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight &Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. US Tube Packaging Market by Material Type
5.1.1. Laminated Tubes
5.1.2. Aluminum Tubes
5.1.3. Plastic Tubes
5.1.4. Others (Paper)
5.2. US Tube Packaging Market by Vertical
5.2.1. Cosmetics and Oral Care
5.2.2. Food & Beverages
5.2.3. Pharmaceutical
5.2.4. Others (Cleaning Products)
6. Company Profiles
6.1. Albéa Services S.A.S.
6.2. Amcor PLC
6.3. CCL Industries Corp.
6.4. Essel Propack Ltd.
6.5. Freelin-Wade Co.
6.6. Hoffmann Neopac AG
6.7. IntraPac International LLC
6.8. Montebello Packaging
6.9. Unette Corp.
6.10. Unicep Packaging, LLC
6.11. VisiPak
6.12. Viva Group
1. US TUBE PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2020-2027 ($ MILLION)
2. US TUBE PACKAGING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON US TUBE PACKAGING MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON US TUBE PACKAGING MARKET BY SEGMENT, 2020-2027 (% MILLION)
3. RECOVERY OF US TUBE PACKAGING MARKET, 2020-2027 (%)
4. US TUBE PACKAGING MARKET SHARE BY MATERIAL TYPE, 2020 VS 2027 (%)
5. US TUBE PACKAGING MARKET SHARE BY VERTICAL, 2020 VS 2027 (%)
6. US TUBE PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)