The Asia-Pacific tube packaging market is estimated to grow at a considerable CAGR of around 8.2% during the forecast period (2021-2027). The market for tube packaging in Asia-Pacific mainly driven by the significant growth in the packaging industry in various economies such as India, Japan, China, and others. In India, the packaging industry is a combination of both organized and unorganized players. This ranges from very small players with less presence to large players with significant market share. In addition, there is a growing trend toward innovative and cost-effective packaging materials in the country. Therefore, the industry players are moving with the changing trends in the packaging sector.
Browse the full report description of "Asia-Pacific Tube Packaging Market Size, Share & Trends Analysis Report by Material Type (Laminated Tubes, Aluminum Tubes, Plastic Tubes, and Others) and by Vertical (Cosmetic and Oral Care, Food & Beverages, Pharmaceutical, and Others) and Forecast 2021-2027" at https://www.omrglobal.com/industry-reports/asia-pacific-tube-packaging-market
Moreover, the significant growth in the personal care industry further provides a significant opportunity to the tube packaging market. Multinational companies are constantly dominating the personal care products market in the region. In China, the three major sellers that are locally producing personal care and cosmetics products include L’Oreal, Procter and Gamble, and Shiseido. China is expected to become the major market for personal care and cosmetics products across the globe over the next five to ten years, owing to the increasing tendency towards value-added beauty and personal care products with particular functionalities. Therefore the personal care products such as creams and various products have the significant application of tube packaging that further contribute to the market growth in the region.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2020-2027 |
|
Base year |
2020 |
|
Forecast period |
2021-2027 |
|
Segments Covered |
By Material Type and by Vertical |
|
Regions Covered |
China, India, Japan, and the Rest of Asia-Pacific |
|
Key Companies Profiled |
Albéa Services S.A.S, Amcor PLC, Essel Propack Ltd., IntraPac International LLC, Shree Rama Multi-Tech,
Ltd., and others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
o Recommendations
Asia-Pacific Tube Packaging Market – Segmentation
By Material Type
By Vertical
Asia-Pacific Tube Packaging Market – Segmentation by Region
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