Collapsible Metal Tubes Market Size Is Projected To Touch USD 1,353.1 Million By 2023

Summary

****** Collapsible Metal Tubes Market Analysis, Growth, Trends, Opportunities, Size by Product Type (Squeeze Tube, Twist Tube, Others), by Closure Type (Standup Cap, Nozzle Cap, Fez Cap, Flip Top Cap, Others), by Capacity (Less than 20 ml, 20 to 100 ml, More than 100 ml), by End-use (Cosmetics, Industrial, Pharmaceutical, Food, Homecare & Personal Care, Others), and Region – Forecast to 2023

Collapsible Metal Tubes Market Scenario

Collapsible metal tubes are used since decades in various industries including cosmetics, industrial, pharmaceutical, food, and home care & personal care, among others. Due to the extensive use, the collapsible metal tubes market is an ever-increasing space.  Moreover, the advantage of extended shelf-life that these tubes offer escalates the market on the ****** platform.

According to Market Research Future (MRFR) ****** collapsible metal tubes market is expected to reach a valuation of USD 1,353.1 MN by 2023 by capitalizing on consumer intent. The adverse effects of plastic packaging are encouraging consumers to opt for alternative packaging. The enormous expansion of the pharmaceutical and cosmetics industries is another growth driver influencing the market demand.

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Major Players

Players leading the ****** collapsible metal tubes market include

  • Montebello Packaging (Canada)
  • Essel Propack Limited (India)
  • Linhardt GmbH & Co. KG (Germany)
  • ALLTUB (The Netherlands)
  • Adelphi Healthcare Packaging (UK)
  • Antilla Inc. (India)
  • Jiujiang Deshun Adhesive Industry Co., Ltd (China)
  • Universal Metal Products (US)
  • Perfect Containers Pvt. Ltd. (India)
  • Andpak (US), among others.

Industry/ Innovations/ Related News

December 19, 2018 —- Essel Propack Limited (India), a leading ****** manufacturer of a range of multilayer collapsible tubes, announced USD 31.2 MN investments to expand its manufacturing facility located in Danville. The investment will be utilized to introduce new super-high-output tubes (SHOT) technology, which is expected to double the plant’s production capacity.

Company’s decision to introduce new technology would ensure the leading position of Southern Virginia and the Commonwealth in advancements in the manufacturing industry. Specialty packaging company Essel Propack, together with its subsidiaries, manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes and laminates to serve the packaging needs of personal care, food, pharmaceutical, and other businesses.

****** Collapsible Metal Tubes Market – Segments

The Collapsible Metal Tubes Market report segments the market into five key dynamics:

By Product Type               : Squeeze Tube and Twist Tube, among others.

By Closure Type : Stand-up Cap, Nozzle Cap, Fez Cap, and Flip Top Cap, among others.

By Capacity                         : < 20 ml, 20 to 100 ml, and More than 100 ml.

By End-use                         : Cosmetics, Industrial, Pharmaceutical, Food, and Homecare & Personal Care, among others.

By Regions                          : Asia Pacific, North America, Europe, and Rest-of-the-World.

****** Collapsible Metal Tubes Market – Regional Analysis

The Asia Pacific region is the largest market for collapsible metal tubes, globally. The market growth attributes to the expansion of various end-use applications such as cosmetics, industrial, pharmaceutical, food, and home care & personal care, among others. Due to the rapidly emerging markets in India and China where manufacturers offer cost-effective production and export rates to gain a substantial bottom line margin, the APAC region is further estimated to create a considerable revenue pocket during the forecast period (2018 to 2023).

Furthermore, ample availability of cost-competitive raw material and workforce along with the rising development strategies that suffice the demand for collapsible metal tubes are some of the key driving forces substantiating the growth in the regional market.

North America collapsible metal tubes market is another lucrative market. Attributing to the massive demand for personal care items, the region is expected to witness a fabulous growth throughout the forecast period. Continuous growth in the pharmaceutical sector, especially in the US and Canada, is supporting the market growth in the region.

****** Collapsible Metal Tubes Market – Competitive Landscape

Highly competitive, the market appears to be highly fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and brand reinforcement remain key trends for the leading players to gain a competitive advantage in the market. They strive to develop low-cost collapsible metal tubes with longer life. The market competition is projected to intensify further due to the entry of new market players.

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

Continues…..

List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

Continues…..

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