The North American tube packaging market is estimated to grow at a considerable CAGR of around 7.6% during the forecast period (2021-2027). The tube packaging market in North America mainly driven due to the rising demand for flexible packaging across the cosmetic and personal care industry in the region coupled with the significant application of various types of material such as aluminium, plastics for flexible packaging in the pharmaceutical sector. Most of the face creams and toothpaste are packaged in a plastic tube for the convenience of mass consumers. Additionally, the rising demand for high-end pharmaceutical packaging solution in the region further contributes to the market growth.
Browse the full report description of "North American 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/north-american-tube-packaging-market
The government regulations for the use of recycled packaging material in the region further provide a significant opportunity to the market. For instance, in February 2019, the American Chemical Council’s Plastics Division proposed a target of 100% use of compostable, recyclable, and reusable and plastics by 2025. These projections by the government are expected to provide ample growth to the plastic tube packaging industry of the region in the future. Apart from this tube packaging have excellent resistance to a vast range of harsh chemicals, including aggressive food products and cleaning solutions. Therefore, significant scope in the food & beverages industry further propels the adoption of tube packaging 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 |
US and Canada |
|
Key Companies Profiled |
CCL Industries Corp., Amcor PLC, IntraPac
International LLC, Unette
Corp., Unicep
Packaging, LLC, 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
North American Tube Packaging Market – Segmentation
By Material Type
By Vertical
North American Tube Packaging Market – Segmentation by Region
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