The US tube packaging market is estimated to grow at a considerable CAGR of around 7.2% during the forecast period (2021-2027). The significant demand for tube packaging in the food & beverage industry is one of the major factors that propel market growth in the country. Tube packaging has various applications in the food & beverage industry from food manufacturing machines to product packaging. In the present high paced lifestyle, consumers prefer “on the go” food and beverage packaging, with user-friendly functions such as re-sealable and portion packs options. The various food manufacturers are moving towards flexible tubes packaging from traditional food packaging owing to the significant demand by the end-users for this type of packaging.
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Additionally, the tube packaging also used in food conveying to ensure high efficiency and smooth operations, the rollers on belts that transfer food from one machine to the next must exhibit good sliding and wear-resistance properties. The main characteristics of tube materials include good wear plastics, low-friction, and suitable for application as curve tracks, guide rails, wear strips, and chain guides. Additionally, the plastics tube is widely used in tube packaging owing to various benefits low-friction, good-wear plastic that further impact resistance, abrasion resistance, and wear resistance. Along with that, the US has strict regulations regarding the use of plastic owing to its non-biodegradable nature that leads to damage to the environment. Therefore, the rising focus on the development of recyclable tube packaging is another major factor to drive market growth in the country.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2020-2027 |
|
Base year |
2020 |
|
Forecast period |
2021-2027 |
|
Segments Covered |
By Material Type and by Vertical |
|
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
US Tube Packaging Market – Segmentation
By Material Type
By Vertical
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