Summary
Global Metal Toothpaste Tube 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
Metal Toothpaste Tube Market Scenario
Metal Toothpaste Tube 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 Metal Toothpaste Tube market is an ever-increasing space. Moreover, the advantage of extended shelf-life that these tubes offer escalates the market on the global platform.
According to Market Research Future (MRFR) global Metal Toothpaste Tube 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 global Metal Toothpaste Tube 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 global 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.
Global Metal Toothpaste Tube Market – Segments
The Metal Toothpaste Tube 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.
Regional Analysis
The Asia Pacific region is the largest market for Metal Toothpaste Tube, 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 Metal Toothpaste Tube are some of the key driving forces substantiating the growth in the regional market.
North America Metal Toothpaste Tube 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.
Global Metal Toothpaste Tube 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 Metal Toothpaste Tube with longer life. The market competition is projected to intensify further due to the entry of new market players.
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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.
