Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.46 Billion | USD 13.57 Billion | 6.20% | 2021 |
FrequentlyAsked Questions
The expansion of the flexible packaging business is a significant driving force in the tube packaging sector. The economic growth of numerous companies such as cosmetics, toiletries, and medicines significantly impact the flexible packaging industry. Because of the growing middle-class population in the APAC area, this industry is expected to proliferate in the future years.
According to a study, the global tube packaging market size was worth around USD 9.46 billion in 2021 and is expected to reach USD 13.57 billion by 2028 at a CAGR of 6.20% during the forecast period.
The APAC region is expected to dominate the tube packaging market over the forecast period.
Leading players in the global tube packaging market include Amcor (Switzerland), Albea Group (France), Essel Propack Limited (India), Hoffman Neopack AG (Switzerland), and Huhtamaki Oyj, among others.
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