Reports
Global Monolayer Plastic Tubes Market: Overview
With convenience in dispensing and handling, the plastic tubes are gaining popularity in personal care and cosmetics products packaging. The plastic tubes are designed in two types which are multilayer & monolayer plastic tubes. Monolayer plastic tubes are less barrier to oxygen & other gases as compared to aluminum barrier lamitube (ABL) or plastic barrier lamitube (PBL), which restricts its applications. Due to low cost, the monolayer plastic tubes are used by manufacturers for products which do not need additional protection. Despite from some restraints of plastic tubes, manufacturers are continuously focusing on the research to develop efficient monolayer plastic tube.
Global Monolayer Plastic Tubes Market: Dynamics
The personal care & cosmetics industry is expected to drive the demand for monolayer plastic tubes. The packaging of makeup products is increasing in monolayer plastic tube, which is expected to benefit to tube manufacturers. The ABL & PBL tubes are likely to hamper the growth of monolayer plastic tubes market in North America & Europe. The monolayer plastic tube is expected to increase in demand owing to high adaptability in in-mold labeling technology. Based on different cap types, the monolayer plastic tube with flip-top cap is expected to increase in demand due to ease of use and protective sealing. Low cost of manufacturing, lightweight, and ample options for promotion are the key growth factors for monolayer plastic tubes market. However, the rising concerns about single-use plastic, the monolayer plastic tubes market is expected to witness a fall in the next ten years. As the first step towards sustainability, the paper-based or bio-based tubes are becoming the new packaging formats for personal care & cosmetics industry. The monolayer plastic tubes manufacturers are focusing on attracting end-users toward monolayer plastic tube by enhancing the features recyclability. In June 2019, Colgate-Palmolive Company is working on development of HDPE based toothpaste tube, which can completely recyclable as compare to current plastics and aluminum mixed tube.
Global Monolayer Plastic Tubes Market: Geographical Outlook
The monolayer plastic tubes market for different countries highly depends on the forecast factors such as regional revenue growth of key players, disposable income, and end-user industry’s projected growth. In terms of demand for monolayer plastic tubes, China is expected to be a dominating country across the globe. The bourgeoning demand from India & China is creating the Asia Pacific as a lucrative market region for monolayer plastic tubes. Demand for monolayer plastic tubes is expected to decrease in North America & Europe due to new & efficient packaging products offered by manufacturers. The laminated tube is expected to take over the plastic tubes market by providing high secured & extended shelf-life packaging. Latin America monolayer plastic tubes market is projected to witness growth due to CPG company’s expansion in Brazil & Mexico.
Global Monolayer Plastic Tubes Market: Segmentation
The global monolayer plastic tubes market has been segmented into material, diameter, cap type, and end-user industry.
On the basis of material, the monolayer plastic tubes market has been segmented into:
On the basis of diameter, the monolayer plastic tubes market has been segmented into:
On the basis of cap type, the monolayer plastic tubes market has been segmented into:
On the basis of end-user industry, the monolayer plastic tubes market has been segmented into:
Global Monolayer Plastic Tubes Market: Key Players
The key players operating in the global monolayer plastic tubes market are as follows:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on monolayer plastic tubes market segments and geographies.
N/A