Global tube packaging market 2014-2020
According to a new report by MarketsandMarkets (M&M), the global market for tube packaging is projected to grow at a CAGR of 6.65% from 2015, to reach $8,638.9 Million by 2020. The Europe region formed the largest market for tube packaging, in terms of volume, having accounted for 12 Billion tubes in 2014. Asia-Pacific formed the second-largest market, with a share of 27%. The Asia-Pacific region is projected to be the fastest-growing market from 2015 to 2020. The market is observed to mature in developing economies.
The global tube packaging market is marked with intense competition due to the presence of a large number of both, big and small firms (Press Release M&M, 27 May 2015).
Click here for the press release.
Click here for more information about the report.
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