European Plastic Tube Market Trends, Size, Competitive Analysis and Forecast 201

Posted by mansi on March 23rd, 2020

The European plastic tube market was 4 million in 2018 and is anticipated to grow at a CAGR of 6.2% during the forecast period. The plastic tube is highly suitable for the purpose of packaging of semi-liquid pharma products as they are isolated from the chemicals and do not react with the chemicals of the packaging. Therefore, the increased demand for gel and lotion packing is a major factor for increasing the use of plastic tubes in the pharmaceutical packaging market in Europe. Moreover, in February 2019, the American Chemical Council’s Plastics Division and the European Union (EU) had announced the target of 100% use of recyclable, reusable and compostable plastics by 2025 and 2040 respectively in their regions. These regulations are expected to shape the plastic tube packaging industry of the region in the future.

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The European plastic pipe market growth is attributed to the integration of printing and design technology by plastic tube manufacturers that enhance the packaging capabilities and have strong economic prospects. Advanced packaging technology has allowed companies to introduce innovation in products rather than adhere to traditional packaging methods. Many companies, therefore, adopt sustainable and intelligent innovation in their product designs. The consumption of plastic tubes is increasing due to several benefits of plastic tubes such as ease of use, portability, and convenience. However, in many countries, plastic is banned due to its environmental effects and fluctuation in prices of raw materials which is expected to hinder the growth of the market.

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European Plastic Tube Market Segmentation

By Type

• Polyethylene
• Polypropylene
• Polyamides
• Others (Ethyl Vinyl Alcohol Polymer (EVOH))

By End-User

• Pharmaceutical
• Cosmetic
• Oral Care
• Others (Food & Beverages)

Regional Analysis

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe

Company Profiles

• Albea Services S.A.S.
• Berry Global, Inc.
• CCL Industries Corp.
• Cope Plastics, Inc.
• CTL - TH Packaging
• Essel Propack, Ltd.
• Freelin-Wade Co.
• GSH Industries, Inc.
• Hoffmann Neopac AG
• Huhtamäki Oyj
• Lakeland Plastics, Inc.
• LeRoy Plastics, Inc.
• NewAge Industries, Inc.
• RPC M&H Plastics
• Saint-Gobain Performance Plastics, Inc.
• Scandolara S.p.A.
• Shree Rama Multi-Tech, Ltd.
• Tubes International Sp. z o.o.

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Joined: January 22nd, 2020
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