The global cosmetic tubes market size is expected to reach around US$ 3.4 Bn by 2026, growing at a CAGR of 4.6% during the forecasting period 2019 to 2026.
Cosmetic tubes, is used as one of the creative packaging options used for cosmetic items packaging. They are containers used to hold, store and deliver a beauty product to the target market. Cosmetic tubes is typically a primary style packing, because it comes into close contact with the drug. This contains the beauty component and is protected by another box for protective reasons known as secondary packaging. Such tubes will support and preserve and store cosmetic products. The secondary labeling of the tube may be printed, and can be used to support new products by customers.
The report provides analysis of global cosmetic tubes market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
The ability of cosmetic tubes to preserve moisture in containers and avoid leakage is a key factor in the cosmetic industry. The cost-effectiveness, safety and fast distribution of vendors, retailers and producers have primarily guided cosmetic tubing over other containers. In order to fulfill the demand of consumer, industry leaders search for more efficient and simpler approaches to provide personalized solutions using simple and compact items like cosmetic tubing. The cosmetic tubes barrier properties, which shield the substance from pollution, are another important factor in promoting the growth of a cosmetic tube industry. Furthermore, cosmetic tubes are best suited for visual merchandising assembly lines designed for retail stores. The strong preservatives for the safety of goods and long service life in these tubes, however, limit the growth of the market in cosmetic tubes.
Asia-Pacific is expected to play a significant role in the global market for cosmetic tubing. This is largely because of the existence of a large customer base of cosmetics in China and Japan. Asia Pacific also consists of a number of plastics producers, which make it one of the leading drivers for regional demand expansion, a key source for cosmetics tubes. In developing countries such as India and China, the improvement of life style and living standards is an important factor for development. Moreover, end-users have undercuts in key sections of the Middle East & Africa, such as South Africa and Saudi Arabia; from conventional packaging to creative packaging that eventually aim to raise the demand in the near future. For instance, the new esthetic range of eco-friendly plastic tube packaging is scheduled to be introduced for customers in the Asia Pacific region.
The market research study on “Cosmetic Tubes Market (By Material: Metal, Plastics, Laminated; Cosmetic Tubes Market By Application: Hair Care, Skin Care, Make-up, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed insights on the global Cosmetic Tubes market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global cosmetic tubes market size, and segment markets by material, application, and geography along with the information on companies operating in the market. the cosmetic tubes market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global cosmetic tubes market is segmented as below:
Cosmetic Tubes Market By Material
Cosmetic Tubes Market By Application
Cosmetic Tubes Market By Geography
Middle East & Africa
Companies take many initiatives to expand their business share, such as product launch, alliances and collaborations, mergers and acquisitions etc. The company is designing compact and environmentally friendly cosmetic tubes for the fast-expanding cosmetics industry.
Major players include in this report are LINHARDT GmbH & Co. KG, East Hill Industries, LLC., Berry Group Inc., Hoffmann Neopac AG, Essel Propack Limited, Albéa Beauty Holdings S.A, Montebello Packaging, CCL Industries Inc., and Others.
The market value of cosmetic tubes is anticipated to be around US$ 3.4 Bn in 2026.
The cosmetic tubes market is anticipated to grow over 4.6% CAGR amid the forecast period.
Asia Pacific held maximum share in 2018 led by the China.
North America is projected to grow at a fast pace during forecast period.
The ability of cosmetic tubing to preserve moisture in containers and avoid leakage is a key factor in the cosmetic industry.
Cosmetic tubes, is used as one of the creative packaging options used for cosmetic items packaging.
Major players include in this report are LINHARDT GmbH & Co. KG, East Hill Industries, LLC., Berry Group Inc., Hoffmann Neopac AG, Essel Propack Limited, Albéa Beauty Holdings S.A, and Others.