Squeeze Tube Market to Witness Decline in Demand By 2027

Posted by Shirish Wadaskar on March 5th, 2019

Squeeze tube packaging is commonly made of plastic that is cylindrical in shape. Squeeze tube lets the usage of the product in required quantity without getting deformed. Squeeze tube has one end sealed, and the other end is enclosed with a cap which is open to dispense the required quantity of the product. The squeeze tube is commonly used for packaging of viscous fluids. Squeeze tubes primarily cater to the personal care industry, household goods, pharmaceutical industry, food industry and lubricant industry that makes the squeeze tube market an attractive industry for packaging manufacturers. Plastic is the majorly used material in the manufacturing of squeeze tubes. Different attributes of plastics are combined to achieve different properties of the end product such as barrier property, low cost, printing capability, etc. Squeeze tubes are efficient in the packaging of products in small quantity. Squeeze tubes have enabled manufacturers to supply products to the end users in various quantity.   

Squeeze Tube Market: Market Dynamics

Squeezable tube market is related to the flexible packaging market. The flexible packaging is estimated to be about US$ 250 billion which is expected to grow at a CAGR of 3% over the forecast period. Squeeze tube packaging market is driven by the convenience offered by the squeeze tubes for using the products in viscous liquid form. Squeeze tube can frequently be reused without creating a mess and deforming the packaging of the product. The reusability of the squeeze tube is another factor contributing to the growth of the squeeze tube market, as squeeze tube is refilled once it has been emptied.

The squeeze tube enables the manufacturers to manufacture the products of different sizes hence motivating manufacturers to push the squeeze tube market. Squeeze tube not only increases the shelf life of the product but also reduces the packaging cost of the product as it does not require secondary packaging. The raw material required for the manufacturing of squeeze tube is commonly plastic which is cheap and easily available. However, the presence of substitutes of squeeze tube such as stand up pouches can reduce the size of squeeze tube market.

The inability of the squeeze tube packaging format to pack the product in larger quantity may limit its use. The rising concern of the regulatory authorities all around the world on the extensive use of plastic may hamper the squeeze tube market. However, on the backdrop of the convenience squeeze tube packaging, the squeeze tube market is expected to grow vertically upwards. Squeeze tube being a sustainable form of packaging can provide many opportunities for the squeeze tube market over the forecast period.     

Squeeze Tube Market: Key Players:

Some key players of squeeze tube market are Amcor Limited, Alpha Packaging, Maynard & Harris Plastics, Berry Plastics Corporation, MPack sp. z o.o, The Whole Package, LLC, CL Smith, Montebello Packaging, Yangzhou City Sharp International Trade Co. Ltd, Pack-Tubes, Vista Packaging, Auber Packaging Co., Ltd. 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint 

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Shirish Wadaskar

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Shirish Wadaskar
Joined: December 22nd, 2016
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