Plastic Tubes Market will total US$ 959 Mn; Demand for Flexible and See-Through Packaging to Encourage Sales in Cosmetics Industry
JUMEIRAH LAKES TOWERS, DUBAI, UNITED ARAB EMIRATES, January 26, 2022 /EINPresswire.com/ — According to Future Market Insights (FMI), the plastic tubes market will gain traction due to the expansion of cosmetic & pharmaceutical industry. Sales of plastic tubes are expected to increase at a CAGR of 5.0% between 2021 and 2031.
Plastic tubes are expected to register a sharp rise in demand due to the rapid expansion of cosmetics industry across the globe. Future Market Insights forecasts that the global plastic tubes market is driven by increasing focus on enhanced product design and customization in packaging structure.
Plastic tubes are predominantly used in cosmetics, pharmaceuticals, and food industries for packaging and storing viscous or paste-like substances. Over the years, plastic tubes have gained immense popularity among the end-users owing to their exceptional dispensing characteristics and handy packaging structure.
Furthermore, the incorporation of improved barrier properties in plastic tubes has widened its applicability significantly.
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