Global tube packaging market 2015-2019

12 January 2016

In a new report Technavio's analysts forecast the global tube packaging market to grow at a CAGR of around 7% between 2015 and 2019. Factors that can be attributed to this are growth in the retail sector and the rise in the disposable income of consumers. Europe dominates the market, accounting for around 34% of the total market share. Cosmetic and oral care is the major end-user with more than 51% of the overall market share.
Most consumers prefer tube packaging because of the convenience it offers. Squeeze tube packaging holds the highest market share owing to the innovations in the retail network and changing hygiene habits among consumers (Press Release Technavio, 19 November 2015).
Click here for the press release.
Click here for more information about the report.

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