Vacuum packaging is a type of packaging technology which takes out air from the packaging before sealing the pack and prolongs the shelf life of food related products without harmfully impacting their quality. Vacuum packaging is an effective way of decreasing food spoilage. It also generates situations which support the growth of anaerobic organisms.
The increasing application of the tube and stick packaging in various industries is one of the primary growth factors for this market. Industries such as consumer goods, pharmaceuticals, adhesives sealants, cosmetics, oral care, food and beverages are widely used tube and stick packaging. The cosmetics and oral healthcare industry contribute the maximum shares and the rapid evolution of the cosmetic industry has led to innovations in packaging. Plastic packaging has gained huge popularity over the years due to its inherent characteristic of molding into a variety of shapes and sizes to ease consumption, storage, and transportation of various beauty care products, making it ideal for packaging. Furthermore, the food and beverage industry is also a major end-user of stick packaging since the materials used for packaging need to be light to reduce transportation costs.
Europe was the major revenue contributor to tube and stick packaging market during 2017. However, APAC is projected to lead the market by 2023 due to the increased demand for tube and stick packaging materials from the beauty and personal care industry. Moreover, the increased demand for toothpaste in countries such as India will also drive the demand for the squeezable tube packaging materials in this region.
In 2018, the global Tube and Stick Packaging market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Tube and Stick Packaging status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Tube and Stick Packaging development in United States, Europe and China.
The key players covered in this study
World Wide Packaging
Market segment by Type, the product can be split into
Market segment by Application, split into
Cosmetic and Oral Industry
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Tube and Stick Packaging status, future forecast, growth opportunity, key market and key players.
To present the Tube and Stick Packaging development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Tube and Stick Packaging are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.