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Asia-Pacific Plastic Tube Market 2019-2025

  • ID: 5013345
  • Report
  • February 2020
  • Region: Asia Pacific
  • Orion Market Research Private Limited
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FEATURED COMPANIES

  • Albea Services S.A.S.
  • CCL Industries Corp.
  • CTL - TH Packaging
  • GSH Industries, Inc.
  • Huhtamäki Oyj
  • NewAge Industries, Inc.
  • MORE
Asia-Pacific Plastic Tube Market Size, Share & Trends Analysis Report by Type (Polyethylene, Polypropylene, Polyamides, and Others), by End-User (Pharmaceutical, Cosmetic, Oral Care, and Others) and Forecast 2019-2025.

The Asia-Pacific plastic tube market was $812 million in 2018 and is anticipated to grow at a CAGR of 6.8% during the forecast period. The growth of the market 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, a ban on the use of plastic due to its environmental effects and fluctuation in prices of raw materials may hinder the growth of the market.

Surging demand for flexible packaging in the region is expected to play a crucial role in the expansion of the Asia-Pacific plastic tube market size. There is an increasing application of flexible plastic packaging in pharmaceutical, food & beverage, and personal care products across the countries, including China and India. For instance, as per the International Brand Equity Foundation (IBEF), flexible packaging is expected to grow at 25% per annum and rigid packaging to grow at 15% per annum. This represents that flexible packaging is one of the most dynamic and fastest-growing markets in India. An emerging shift from conventional rigid packaging to flexible packaging has been witnessed in the country owing to the several benefits offered by flexible packaging, including savings in transportation costs and convenience in handling and disposal.

The report analyzes the Asia-Pacific plastic tube market on the basis of type and end-user. Based on type, the market is classified into polyethylene, polypropylene, polyamides, and others. Polyethylene type of plastic pipe led the market in 2018 and is further estimated to follow the same trend over the forecast period. Based on end-user, the market is segmented into pharmaceutical, cosmetic, oral care, and others. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe. Some of the key market players include Essel Propack, Ltd., Prisha Tubes Pvt. Ltd., Shree Rama Multi-Tech, Ltd., Berry Global, Inc., Saint-Gobain Performance Plastics, Inc., and Others. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players.

Research Methodology

The market study of the Asia-Pacific plastic tube market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors.

Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog
The report is intended for plastic tube manufacturers, cosmetic companies, food and beverage manufacturing companies, pharmaceutical companies, market research firms, and government organizations, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:

1. Asia-Pacific Plastic Tube Market Research and Analysis by Type
2. Asia-Pacific Plastic Tube Market Research and Analysis by End-User

The Report Covers:
  • Comprehensive research methodology of the Asia-Pacific plastic tube market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Asia-Pacific plastic tube market.
  • Insights about market determinants which are stimulating the Asia-Pacific plastic tube market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Albea Services S.A.S.
  • CCL Industries Corp.
  • CTL - TH Packaging
  • GSH Industries, Inc.
  • Huhtamäki Oyj
  • NewAge Industries, Inc.
  • MORE
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Asia-Pacific Plastic Tube Market by Type
5.1.1. Polyethylene
5.1.2. Polypropylene
5.1.3. Polyamides
5.1.4. Others (Ethyl Vinyl Alcohol Polymer (EVOH))
5.2. Asia-Pacific Plastic Tube Market by End-User
5.2.1. Pharmaceutical
5.2.2. Cosmetic
5.2.3. Oral Care
5.2.4. Others (Food & Beverages)

6. Regional Analysis
6.1. China
6.2. Japan
6.3. India
6.4. Rest of Asia-Pacific

7. Company Profiles
7.1. Albea Services S.A.S.
7.2. Berry Global, Inc.
7.3. CCL Industries Corp.
7.4. Cope Plastics, Inc.
7.5. CTL - TH Packaging
7.6. Essel Propack, Ltd.
7.7. GSH Industries, Inc.
7.8. Hoffmann Neopac AG
7.9. Huhtamäki Oyj
7.10. Lakeland Plastics, Inc.
7.11. NewAge Industries, Inc.
7.12. RPC M&H Plastics
7.13. Saint-Gobain Performance Plastics, Inc.
7.14. Scandolara S.p.A.
7.15. Prisha Tubes Pvt. Ltd.
7.16. Shree Rama Multi-Tech, Ltd.
Note: Product cover images may vary from those shown
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  • Albea Services S.A.S.
  • Berry Global, Inc.
  • CCL Industries Corp.
  • Cope Plastics, Inc.
  • CTL - TH Packaging
  • Essel Propack, Ltd.
  • GSH Industries, Inc.
  • Hoffmann Neopac AG
  • Huhtamäki Oyj
  • Lakeland Plastics, Inc.
  • NewAge Industries, Inc.
  • RPC M&H Plastics
  • Saint-Gobain Performance Plastics, Inc.
  • Scandolara S.p.A.
  • Prisha Tubes Pvt. Ltd.
  • Shree Rama Multi-Tech, Ltd.
Note: Product cover images may vary from those shown
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