Collapsible Metal Tubes Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2030
(MENAFN- Ameliorate Solutions) The Collapsible Metal Tubes Market 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.
“The global collapsible metal tubes market is expected to grow from $1.02 billion in 2020 to $1.12 billion in 2021 at a compound annual growth rate (CAGR) of 9.32%; The market is expected to reach $1.44 billion in 2025 at a CAGR of 6.44%.”
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Top Leading Companies of Collapsible Metal Tubes Market are - Auber Packaging Co., Ltd, CONSTRUCT Packaging, Linhardt, Universal Metal Products, Antilla Propack and others.
Industry News and Updates:
In April 2019 , Tubettificio Favia, an Italian company launched ToBeNaturAL, a collapsible aluminum tube with a biodegradable closure seal. After usage, the aluminum tube can be recycled, and the bioplastic cap can be thrown directly into household agricultural waste, where it can decompose into humus for the soil and plant food.
Market Overview:
The collapsible metal tubes market consists of sales of collapsible metal tubes by entities (organizations, sole traders and partnerships) that manufacture collapsible metal tubes. Collapsible tubes are composite containers used for storing and dispensing liquid formulations that have a paste like consistency like cosmetics, pharmaceutical products, paint, adhesives and ointments. Collapsible metal tubes are made of metal or thermoplastic and thus prevent toxic gases, odor and dust to enter, ensuring the natural quality of product when closed.
Regional Analysis:
North America was the largest region in the collapsible metal tube market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The rising awareness and consumers preference towards sustainable options along with reducing plastic usage contributed to the growth of the market. For instance, according to a 2019 survey by Finland based chemicals company, Kemira, among 4,000 respondents in the United States, China, Germany and Finland, over 50% of the respondents said that they would be willing to pay more for renewable food packaging and most respondents were also hoping to reduce the use of plastic in their lives. Therefore, the concern over plastic packaging, harming the environment and consumers preference towards reducing plastic waste increased demand for the collapsible metal tubes market in the historic period.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Collapsible Metal Tubes Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Collapsible Metal Tubes Market (%),2016 - 2030
- Collapsible Metal Tubes Market Share, By Brand
- Collapsible Metal Tubes Market Share, By Company
- Collapsible Metal Tubes Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Collapsible Metal Tubes Market Value Analysis & Forecast
- Promising Collapsible Metal Tubes Development by Major Companies
- Detailed Collapsible Metal Tubes Portfolio of the Major Companies
- Major Deals in the Collapsible Metal Tubes Market
- Major Companies Analysis
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