The Italian polyethylene plastic tube market was over $30 million in 2018 and is anticipated to grow at a CAGR of 5.0% during the forecast period. The plastic tubes market in Italy has significant growth opportunities due to the presence of various industries that have a rising demand for tubes. The food and beverages have significant potential to contribute to the plastic tubes market due to increased packaging capabilities in the sector. Furthermore, plastic tubes are used in the pharmaceutical manufacturing industry in order to increase hygiene and protection. Owing to this, as the pharmaceutical industry augments and as the regulatory norms become more stringent; it is expected to increase the demand for the market in the country during the forecast period.
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Italy is one of the key regions in the plastic tube market. The plastic has significant applications in domestic packaging. The Italian plastic market consists of three key sectors including plastic materials production, plastic processing and plastic, and rubber machinery. According to the International Trade Administration, the plastic market is significantly developed in Italy with 11,000 companies, about 160,000 employees and a turnover of $48.13 billion in 2017. Thus, the large share of the plastic industry in the country creates various opportunities for the market to grow in the near future.
The report analyzes the Italian polyethylene plastic tube market on the basis of end-user into pharmaceutical, cosmetic, oral care, and others. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe. Some of the key market players include Berry Global, Inc., Linhardt GmbH & Co KG, Hoffmann Neopac AG, Huhtamäki Oyj, Saint-Gobain Performance Plastics, Inc., and Others. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players.
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Italian Polyethylene Plastic Tube Market Segmentation
By End-User
- Pharmaceutical
- Cosmetic
- Oral Care
- Others (Food & Beverages)
Company Profiles
- Albea Services S.A.S.
- Berry Global, Inc.
- CCL Industries Corp.
- Cope Plastics, Inc.
- CTL – TH Packaging
- Essel Propack, Ltd.
- Freelin-Wade Co.
- GSH Industries, Inc.
- Hoffmann Neopac AG
- Huhtamäki Oyj
- Lakeland Plastics, Inc.
- LeRoy Plastics, Inc.
- LINHARDT GmbH & Co. KG
- NewAge Industries, Inc.
- RPC M&H Plastics
- Saint-Gobain Performance Plastics, Inc.
- Scandolara S.p.A.
- Tubes International Sp. z o.o.
