Vacuum packaging is a type of packaging technology which takes out air from the packaging before sealing the pack and prolongs the shelf life of food related products without harmfully impacting their quality. Vacuum packaging is an effective way of decreasing food spoilage. It also generates situations which support the growth of anaerobic organisms.Ê
Scope of the Report:This report studies the Tube and Stick Packaging market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Tube and Stick Packaging market by product type and applications/end industries.
The increasing application of the tube and stick packaging in various industries is one of the primary growth factors for this market. Industries such as consumer goods, pharmaceuticals, adhesives sealants, cosmetics, oral care, food and beverages are widely used tube and stick packaging. The cosmetics and oral healthcare industry contribute the maximum shares and the rapid evolution of the cosmetic industry has led to innovations in packaging. Plastic packaging has gained huge popularity over the years due to its inherent characteristic of molding into a variety of shapes and sizes to ease consumption, storage, and transportation of various beauty care products, making it ideal for packaging. Furthermore, theÊfood and beverageÊindustry is also a major end-user of stick packaging since the materials used for packaging need to be light to reduce transportation costs.
Europe was the major revenue contributor to tube and stick packaging market during 2017. However, APAC is projected to lead the market by 2023 due to the increased demand for tube and stick packaging materials from theÊbeauty and personal careÊindustry. Moreover, the increased demand for toothpaste in countries such as India will also drive the demand for the squeezable tube packaging materials in this region.
The global Tube and Stick Packaging market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Tube and Stick Packaging.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers AlbŽa
Amcor
Constantia Flexibles
Essel Propack
3D Packaging
Alltub
CTL Packaging
M&H Plastics
Montebello Packaging
Neopac
Prutha Packaging
Skypack
Sonoco
VisiPak
World Wide Packaging
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Squeeze Tubes
Twist Tubes
Cartridge
Others
Market Segment by Applications, can be divided into Food Industry
Cosmetic and Oral Industry
Pharmaceutical Industry
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
