Global Laminate Tube Packaging market will reach 2.65 billion US$ by the end of 2025
Published Date: 2019/6/17
The global market scale of Laminate Tube Packaging was 1.69 billion dollars in 2017. It is expected to reach 1.8 billion dollars by 2018 and 2.65 billion dollars by 2025, with the CAGR of 5.77%. In 2017, the sales volume of Laminate Tube Packaging is 24.56 billion Units.
The Major sales regions of Laminate Tube Packaging are North America, Europe, China, India which accounted for about 76.18% of sales market share in 2017. China is the largest consumption region with a sales share of 21.76% in 2017.
Laminate Tube Packaging manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are Essel-Propack, Albea, SUNA, Rego and Berry, accounting for 53.92 percent revenue market share in 2017.
The market segment by two types: ABL and PBL. The applications of Laminate Tube Packaging are Oral Care, Cosmetics & Personal Care, Pharma & Health and Other Applications. Oral Care is the dominated application, which accounts for about 44% of total consumption
The market scale will keeps increasing in the next few years. Although sales of Laminate Tube Packaging brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Laminate Tube Packaging field.
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