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Squeezable Plastic Tube Market : Global Demand Analysis & Opportunity Outlook 2024

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Extensive insights into the Growth of Squeezable Plastic Tube Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Squeezable Plastic Tube Market Overview

Squeezable plastic tubes are basically small leak proof, light weight and unbreakable containers which are made of plastic. They can be used to store liquid or paste, cream, wax and adhesives. Moreover, after every use of squeezable plastic tube they again retain their original shape. Further, squeezable plastic tubes are one of the most common solutions for packaging and for fluid dispensing. Additionally, squeezable plastic tubes are available in different shape and sizes in market. These tubes are highly used in beauty and personal care industries, health wellness industries, art supply industries, chemical industries and others.  

Market Size & Forecast

Global squeezable plastic tube market is expected to witness a robust growth during the forecast period i.e.2017-2024. This growth of global squeezable plastic tube market can be attributed to factors such as rising number of companies into beauty and personal care products seeking for better packaging solution for their products across the globe.

squeezable plastic Tubes

In terms of region, global squeezable plastic tube market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Additionally, Asia Pacific region is anticipated to be the fastest growing market for squeezable plastic tube during the forecast period. Rising per capita income of the consumers coupled with increasing purchasing power of the consumers in this region is accepted to be the key factors behind the growth of squeezable plastic tube market in this region.

Moreover, North America region is anticipated to achieve minimal growth rate over the forecast period due to maturity of the market in squeezable plastic tube market. In addition to this, Latin America region is also expected to expand at a remarkable pace during forecast period due to high spending on hair care (shampoo, conditioner, wax) by the consumers in this region.CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation     

Our-in depth analysis of the global squeezable plastic tube market includes the following segments:

By Material

  • Low Density Polyethylene
  • Polypropylene
  • Medium Density Polyethylene
  • High Density Polyethylene

By End User

  • Personal Care Industries
  • Health & Wellness Industries
  • Art Supply Industries
  • Chemical Industries
  • Others

By Product Type

  • Cosmetic packaging Tubes
    • Lip Gloss Tubes
    • Hand Lotion Tubes
    • Hair care Product Tubes
    • Makeup Squeeze Tubes
  • Personal Care Tubes
    • Tooth Paste Squeeze Tubes
    • Oral Care Tubes
    • Skin Lotion Tubes
    • Body Lotion Squeeze Tubes
    • Shampoo Squeeze Tubes
  • Industrial Squeeze Tubes
    • Adhesive Extruded Tubes
    • Paint Squeeze Tubes
    • Silicon Squeeze Tubes

By Region

Global squeezable plastic tube market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers & Challenges

Global squeezable plastic tube market is primarily driven by growing penetration of squeezable plastic tubes in industries including personal care, health & wellness and chemical across the globe. Moreover, squeezable plastic tubes are leak proof, light in weight and unbreakable products. These qualities of squeezable plastic tubes make them more acceptable for packaging purposes. Further, rising demand for better packaging solution for liquid and semi-liquid products is driving the growth of global squeezable plastic tube market in near future.   

Additionally, rising disposable income of the consumers and their growing purchasing power has led various industries to adopt squeezable plastic tube for packaging of their products. Moreover, capability of squeezable tubes such as ability to retain its original shape after every use makes it more adoptable over other packaging system. Further, this factor is expected to escalate the demand for squeezable plastic tubes in near future.

However, limited use of squeezable plastic tubes with hot water or liquid system in industries is one of the major factors which are hampering the growth of global squeezable plastic tubes market.

Key Players

  • Amcor Limited
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financial
  • Ampac
  • Constantia Flexibles
  • Janco Inc.
  • Winpack Limited
  • Multivac
  • Essel Propack
  • Huhtamaki
  • Everkem Diversified Products

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global squeezable plastic tubes market is segmented as follows:

  • By Material Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment


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