Squeezable Plastic Tubes Market: In-Depth Assessment on Key Segments
Global sales of the squeezable plastic tubes in 2018 surpassed US$
700 Mn and are anticipated to expand at a moderate pace over the
forecast period, according to a recently published Fact.MR study. Europe
will maintain its supremacy in the market for the squeezable plastic
tubes, owing to the widespread consumption in various end-use
applications of squeezable plastic tubes.
Emerging markets like
India, China, North Middle East & Africa, etc. offer tremendous
potential for development in personal care and beauty products. After
Asia Pacific, MEA is anticipated to show the second-fastest growth rate
in personal care market consumption. Africa’s young and
fashion-conscious ‘middle class’ population is fueling the demand of
squeezable plastic tubes across the region. Also, the significant growth
in the end-use sector across the region has skyrocketed the demand for squeezable plastic tubes across the globe.
The squeezable plastic tubes market report includes global as well as emerging players:
The insights for each vendor consists of:
Global Gains in Skin Care as Oral Care Demand Slows
study opines that global hair care and skincare industries are growing
at much higher rates. Anti-aging creams, shampoos and hair conditioners
are some of the products driving the squeezable plastic tubes market.
Squeezable plastic tubes sales will also likely to be boosted by
consumer demand for packaging convenience, and the ease of application.
In the case of toothpaste, Indian consumers are shifting from
traditional herbal products to toothpaste, underpinning the volume rise
in squeezable plastic tubes.
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way for brand owners to differentiate their offerings is through
packaging, particularly in specialist skincare products such as
anti-aging. Premium and mid premium brands offer more sophisticated
lines to increase brand perception, as well unit prices, such as
Neutrogena with its Rapid Wrinkle Repair Serum or Diors’ UV shield BB
Cream, which are both available in a squeezable plastic tubes
Important regions covered in the squeezable plastic tubes market report include:
The squeezable plastic tubes market report also provides data regarding the key countries in the defined regions.
By Closure type:
Squeezable Plastic Tubes Decoration Capabilities to Boost its End Use Value
global squeezable plastic tubes market is characterized by
manufacturers incorporating decoration qualities into squeezable plastic
tubes to enhance end-use value. Decoration elements for squeezable
plastic tubes involve hot stamping such as Nahua cosmetic tubes, the
printing of high-quality graphics, lacquer effect, etc. Tubes decoration
processes add visual value to the squeezable plastic tubes. High
decorative visibility of squeezable plastic tubes heavily influences the
buying decision of consumers in retail stores. Decoration also allows
squeezable plastic tubes manufacturers to price tubes with higher
margins as end users are willing to pay premium prices for the
squeezable plastic tubes with attractive and decorative features.
By end use application:
What insights does the squeezable plastic tubes market report provide to the readers?
It is expected that multinational and
national players will enter the squeezable plastic tubes market through
multiple entry strategies, including export, marketing agents, and
manufacturing. Manufacturers have also begun differentiating their
products with changing brand loyalties and expanding their offerings to
improve customer experience. Also, manufacturers are enhancing product
value through printing, design, and technological capabilities.
Manufacturers are laying prime focus on acquisition and mergers to
increase their market share.
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Questionnaire answered in the squeezable plastic tubes market report include: