Collapsible Metal Tubes Market Overview
The global collapsible metal tubes market is predicted to touch a valuation of USD 1,353.1 million by 2023, as per the latest insights in a report by Market Research Future (MRFR). It was previously valued at USD 1,112.2 million in 2017. Collapsible metal tubes are containers which can hermetically seal its contents to prevent the entry of dust, odor, and other noxious particles. The popular metal used for the production of these products is aluminum owing to its capacity to hold perishable loads.
The expanding cosmetics and personal care sectors are the primary driver of the market. This is supported by the popularity of tube packaging made so by the use of everyday items such as toothpaste and sanitizers. Innovation in packaging across diverse end-use sectors is likely to elicit the demand for collapsible metal tubes by 2023. The market can experience 4% CAGR from 2018 to 2023 (forecast period) owing to the recyclable nature of the product.
The collapsible metal tubes market can find opportunities for expansion in developing economies with low penetration of the product. Volatile prices of raw materials may pose a challenge to the market.
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/6739
Key Players
The key players of Food Service Packaging Market are –
- ESSEL PROPACK LIMITED (India)
- Montebello Packaging (Canada)
- Linhardt GmbH & Co. KG (Germany)
- Adelphi Healthcare Packaging (U.K.)
- ALLTUB (The Netherlands)
- Antilla Inc. (India)
- Universal Metal Products (U.S.)
- Jiujiang Deshun Adhesive Industry Co., Ltd (China)
- Perfect Containers Pvt. Ltd. (India)
- Andpak (U.S.), and others
Regional Analysis
Regionally, the global collapsible metal tubes market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW). The APAC region was the undisputed leader in the market in 2017. It is predicted to hold onto its position till the end of the forecast period. This can be credited to economies of India and China which manufacture at cost-effective production rates and export it to other regions for a substantial bottom line margin. North America can generate significant revenue for the collapsible metal tubes market by 2023 owing to massive demand for personal care items.
Market Segmentation
The global Collapsible Metal Tubes Market is segmented by product type, closure type, and end-use. By product type, the market consists of squeeze tube, twist tube, and others. By closure type, the market comprises standup cap, nozzle cap, fez cap, flip top cap, and others. On the basis of capacity, the market is segmented into less than 20 ml, 20 to 100 ml, and more than 100 ml. End-use industries requiring collapsible metal tubes include homecare and personal care, pharmaceutical, industrial, cosmetics, food, and others.
Report Methodology
Market Research Future prides itself on conducting top-notch research using its proprietary techniques. With a combination of primary and secondary research, analysts have managed to collect relevant data gathered from interviews with executives, whitepapers, SEC filings, and others to compile a thoroughly researched report. The data is verified with other sources to estimate future revenue and volume figures which assist investors in making wise business decisions. A mix of bottom-down and top-up approaches are undertaken to study the market from all perspectives.
Global Collapsible Metal Tubes Market by Product Type
Squeeze Tube
Twist Tube
Others
Global Collapsible Metal Tubes Market by Closure Type
Standup Cap
Nozzle Cap
Fez Cap
Flip Top Cap
Others
Global Collapsible Metal Tubes Market by Capacity
Less than 20 ml
20 to 100 ml
More than 100 ml
Global Collapsible Metal Tubes Market by End-use
Cosmetics
Industrial
Pharmaceutical
Food
Homecare & Personal Care
Others
Global Collapsible Metal Tubes Market by Region
North America
U.S.
Canada
Europe
Italy
Germany
France
U.K.
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Rest-of-the-World
Middle East & Africa
Latin America
Get Full Report With TOC @ https://www.marketresearchfuture.com/reports/collapsible-metal-tubes-market-6739
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continues…..
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/collapsible-metal-tubes-market-6739