The Asia-Pacific tube packaging market is estimated to have a significant CAGR of around 8.2% during the forecast period. The major factors that propel the growth of the market include the rising demand for flexible packaging in pharmaceutical, food & beverage, and personal care products and other industry. Moreover, the growing e-commerce industry further provides ample opportunity to the tube packaging market as convenient packaging solutions are widely accepted in e-commerce logistics. As per the United Nations Conference on Trade and Development (UNCTAD), in 2017, global e-commerce sales grew 13%, hitting an estimated $29 trillion. Apart from a large number of internet shoppers making purchases from domestic vendors, the share of consumers buying products from abroad increased from 15% in 2015 to 21% in 2017.
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The Asia-Pacific 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. Geographically, the Asia-Pacific tube packaging market is segmented into China, India, Japan, and the Rest of Asia-Pacific. China is expected to contribute a significant share in the Asia-Pacific market.
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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
Asia-Pacific Tube Packaging Market by Material Type
- Laminated Tubes
- Aluminum Tubes
- Plastic Tubes
- Others (Paper)
Asia-Pacific Tube Packaging Market by Vertical
- Cosmetics and Oral Care
- Food & Beverages
- Pharmaceutical
- Others (Cleaning Products)
Regional Analysis
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
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 Asia-Pacific 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 Asia-Pacific tube packaging market.
- Insights about market determinants that are stimulating the Asia-Pacific market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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