Hi, what are you looking for?
[Report of 170 pages] Between 2020 and 2021, the global cosmetics tube market increased by 4% year over year. Cosmetic tubes are predicted to grow at a CAGR of 4.6 percent, according to Future Market Insights. As a result, the cosmetics tube market is expected to reach US$ 2.4 billion in 2021. Cosmetic Tubes Market By Material Type (Plastic, Aluminum, Laminated), By Application (Skin Care, Hair Care, Make Up, Nail Care & Hygiene Products) & Region – Forecast 2021 – 2031
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3487
Cosmetic tubes accounted for 8% of the $30 billion worldwide cosmetic packaging market in 2020, according to the study. In addition, demand for bio-based cosmetic tubes and tubes produced from recyclable materials is predicted to increase until 2031, boosting total growth.
People’s changing lifestyles, rising usages of tubes to retain packaging moisture and prevent any form of leakage, increasing development of lightweight and portable products, and rising preferences for quality-based materials for cosmetic packaging solutions are all expected to boost the growth of the cosmetic tubes market between 2022 and 2031. However, the prevalence of recyclable products and environmentally concerned consumers, as well as the transition from traditional to creative packaging, will provide further chances for the cosmetic tubes market to develop throughout the projected period.
Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-3487
“The industry is predicted to develop due to the increasing popularity of decorative cosmetic tube printing for aesthetic appeal.” Additionally, increased sales of cosmetics, skincare, and makeup items through online channels such as Sephora, Ulta Beauty, and others will continue to boost cosmetic tube sales over the forecast period,” according to an FMI analyst.
Some of the leading players in the global cosmetic tubes market include Albéa Beauty Holdings S.A, Essel Propack Ltd, CCL Industries Inc., Montebello Packaging Inc., Linhardt GmbH & Co KG, Berry Global Group, Inc., Huhtamaki Oyj, Tubopress Italia Spa, Hoffmann Neopac Ag, and Intrapac International Corporation.
Albéa Beauty Holdings S.A, Essel Propack Limited, CCL Industries Inc., Montebello Packaging, and Berry Global Group, Inc. will account for 10-15% of the total cosmetic tubes market share in 2021.
Leading competitors in the cosmetic tubes market are spending in research and development to create new cosmetic tube formats composed of novel materials. Aside from that, firms are engaging in mergers, acquisitions, and collaborations to improve their global market position.
Hoffman Neopac introduced a new polyethylene (PE)-based cosmetic tube with high-density polyethylene (HDPE) flip-top caps in October 2020. These tubes are totally recyclable, with a single material family for the body, shoulder, and caps.
Cosmetic Tubes Market by Category
Others (Nail Care & Hygiene Products)
Request TOC @ https://www.futuremarketinsights.com/toc/rep-gb-3487
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
The post Cosmetic Tubes Market predicted to grow at a CAGR of 4.6% by 2031, According to Future Market Insights appeared first on Future Market Insights.
Moscow-backed separatist forces in eastern Ukraine say they have captured Lyman, a strategic town connecting key cities in the east.
Bodies from a Rio de Janeiro police raid that left more than 20 alleged drug traffickers dead show signs of torture and summary execution.
A Frenchwoman and a Spaniard were killed and nine other mountaineers were injured Friday in an ice fall in southwest Switzerland.
Sweden hopes to strike a compromise with Turkey to seal its NATO membership bid.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.