Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The Asia Pacific region is witnessing significant growth owing to the robust growth of the cosmetics and personal care industry. The inflating purchasing power of the emerging middle-class population in countries, such as India, China, and Vietnam, are aiding the market growth of tube packaging. Moreover, the penetration of major cosmetic companies providing free sample products to appeal to consumers is increasing the use of tube packaging, hence propelling the industry growth. Furthermore, internet penetration and the surge of online retail platforms are escalating awareness as well as accessibility to various premium products usually available in tube packaging. This is also invigorating the market growth. Moreover, soaring production activities in countries such as China, India, and South Korea, among others, are augmenting the regional market growth, therefore contributing significantly to the overall growth of the tube packaging industry.
In April 2019, Huhtamäki Oyj (HEL: HUH1V), one of the leading players in the market, started a flexible packaging manufacturing unit in Egypt. With the inauguration of the packaging unit, the company penetrated manufacturing flexible packaging in Egypt. The unit serves the customers in Egypt as well as export its products to other African and European countries. The rapid population growth in Africa is expected to increase the demand for flexible packaging in the region. Moreover, the employment of innovative practices and the latest technologies boosts the production process by providing advanced packaging solutions. In addition, the manufacturing unit is built on a land area of almost 37,000 square metres, with ample space for future expansions. The establishment of the unit is not only expanding the company’s growth and global presence but also invigorating the overall growth of the tube packaging industry.
Market Analysis by Type, Material, Application and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global market for tube packaging are Albea Group, EPL Limited, Montebello Packaging, Huhtamäki Oyj, Unette Corporation, and VisiPak, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.