Indian tube packaging market is estimated to have a significant CAGR of around 8.0% during the forecast period. The tube packaging market in India is being significantly driven by the expansion of pharmaceutical manufacturing plants and cosmetics R&D plants in the country. As per the IBEF, the Fast-moving consumer goods (FMCG) market in India is expected to reach $103.7 billion by 2020 from $52.7 billion in 2018. In 2018, India’s household and personal care industry, accounting for 50% of the overall FMCG industry. Healthcare accounts for 31%, and food and beverages account for 19% of the overall FMCG industry in the country. Moreover, owing to the vast opportunities including favourable government regulations and availability of cost-effective labor, several foreign companies are opening their production and R&D plants for personal care and food & beverage products in India that provides a significant opportunity to the market.
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Indian tube packaging market is classified on the basis of material type and vertical. Based on material type, the market is segmented into laminated tubes, aluminum tubes, plastic tubes and others. Based on vertical, the market is segregated into cosmetic and oral care, food & beverages, pharmaceutical, and others. The tube packaging in the cosmetic and oral care market is estimated to project a considerable CAGR during the forecast period owing to the increasing demand for flexible packaging in the personal care industry.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Indian Tube Packaging Market by Material Type
- Laminated Tubes
- Aluminum Tubes
- Plastic Tubes
- Others (Paper)
Indian Tube Packaging Market by Vertical
- Cosmetics and Oral Care
- Food &Beverages
- Pharmaceutical
- Others (Cleaning Products)
Company Profiles
- Albéa Services S.A.S.
- Amcor PLC
- CCL Industries Corp.
- Essel Propack Ltd.
- Hoffmann Neopac AG
- Huhtamäki Oyj
- IntraPac International LLC
- Montebello Packaging
- MPack Poland sp. z o.o. sp.k.
- Shree Rama Multi-Tech, Ltd.
- Unette Corp.
The Report covers:
- Comprehensive research methodology of the Indian tube packaging market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Indian tube packaging market.
- Insights about market determinants that are stimulating the Indian market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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