Plastic Tubes Market

High potential in emerging economies providing huge growth opportunities for plastic tube consumption

Emerging markets such as India, China, North Africa etc., provide huge growth potential for care and beauty products. Africa is expected to showcase second fastest growth rate in terms of consumption for personal care market after Asia Pacific. The region is also witnessing inflow of foreign investment in manufacturing of personal care and cosmetics products.

North Africa region is anticipated to pick up in terms of income level further supporting strong economic prospects. Multinational as well as domestic players are expected to enter the markets using various entry strategies including export, sales agents, and manufacturing. Domestic manufacturers and multinational players of APEJ and MEA regions are targeting cash strapped consumers in the region seeking value added products.

Emerging countries represent huge marketing opportunities for cosmetic, personal care and pharmaceutical products. Further the APEJ and MEA region consists of young population with an average age below 20 years. Young median age and growing middle class is expected to fuel the demand for end use products packed in plastic tubes.       

Polyethylene to be the most used material for plastic tubes

Material type category is one of the segmentations of the global plastic tubes market. Several benefits associated with polyethylene, such as increased service life, increased fatigue resistance, adaptability and increased corrosion resistance have led to increased consumption of polyethylene. The polyethylene segment in the material type category is projected to grow at the highest rate and register a robust value CAGR of 6.0% throughout the period of forecast, 2017-2027.

In 2017, the polyethylene segment is estimated at around US$ 500 Mn and is expected to touch a valuation of more than US$ 900 Mn by the end of the year of assessment. This segment is expected to lead the global market in the coming years.

Regional outlook

The global plastic tubes market is soaring across key regions of North America, Western Europe and Asia Pacific excluding Japan (APEJ) regions during the said period. The polyethylene segment in North America is expected to grow at a 5.7% value CAGR and is estimated at US$ 111.9 Mn in 2017.

However, in Asia Pacific excluding Japan (APEJ) region, this segment reflected a high estimation of about US$ 140 Mn followed by Western Europe where it is expected to grow at a high value CAGR and is estimated at around US$ 127 Mn in 2017.

Market segmentation

With a view to cover all aspects, a weighted five level segmentation of the global plastic tubes market is carried out.

By Material Type

• Polyethylene (PE)
• Polypropylene (PP)
• Polyamide (PA)
• Ethyl Vinyl Alcohol Polymer (EVOH)
• Polyester (PET)
• Other Materials

By Capacity Type

• Less Than 50 ml
• 50 to 100 ml
• 100 to 150 ml
• Above 150 ml

By Closure Type

• Stand Up Cap
• Nozzle Cap
• Fez Cap
• Flip Top Cap
• Other Caps

By Application

• Dental Market
• Cosmetic Market
  • Hair Care
  • Skin Care
  • Others
• Pharmaceutical Market
• Food Market
• Commercial and Processing Applications
  • Sealants and Adhesives
  • Lubricants
  • Other Commercial Purpose
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Japan
• Middle East and Africa (MEA)