Global tube packaging market 2015-2022

16 February 2017

According to a new report by Stratistics MRC, the global tube packaging market is accounted for $5.20 billion in 2015 and is expected to reach $10.58 billion by 2022 growing at a CAGR of 10.6% during the forecast period. Growing population, increasing flexible packaging and high quality printing at lower cost are some of the factors favouring the market growth. However, slow growth rate in emerging economies are hampering the market growth.
By application, the cosmetics and oral care segment is expected to witness vast growth in the future owing to enhanced standard of living across the world. The APAC region is expected to witness highest growth in the next few years.
Click here for more information about the report.

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