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Tube & Stick Packaging Market Demand in the US to 2018

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(Free Press Release) Bharatbook.com announces a new report on Tube & Stick Packaging Market Demand in the US to 2018”. The study also considers market environment factors, assesses industry structure, evaluates company market share and pro-files 36 competitors in the US industry.

Tube & Stick Packaging Market Demand in the US to 2018


      

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US demand to reach $2.1 billion by 2018

Demand for tube and stick packaging in the US is forecast to reach $2.1 billion in 2018. Growth will be fueled by further recoveries in the manufacturing and construction sectors from post-recession troughs. Improved output of cosmetics and toiletries and pharmaceuticals rela-tive to that of the 2008-2013 period will support gains. A turnaround in construction activity will bode well for cartridges used to package caulks and sealants, which are widely used in new construction and in maintenance and repair applications. Product differentiation and convenience advantages will promote growth for squeeze tubes and stick packs.

Key squeeze tube segment to track industry average

Squeeze tubes are by far the largest tube and stick packaging product type, accounting for approximately 60 percent of total value demand in 2013. Demand for squeeze tubes is expected to increase in line with the overall tube and stick packaging average, with these containers remaining widely used in the packaging of creams, pastes, and other viscous substances, based on a number of advan-tages. Among these are a relatively low cost, a wide variety of customization capabilities, and the ability to provide controlled dispensing. Value advances will also reflect expanded use of specialty decorative and design processes to achieve a premium appearance. Laminate tubes will gain ground in cosmetic and toiletry applications other than toothpaste and in pharmaceuticals, making inroads into plastic and aluminum tubes and against other container types such as bottles. The range of appli-cations for laminate tubes will increase as a result of cost advantages, the growing presence of specialized and/or natural formulations requiring higher barrier properties to maintain shelf life, and aesthetic improvements resulting from various coating and finishing processes.

Stick packs, cartridges among best opportunities

Among major tube and stick packaging types, healthy gains are expected for stick packs, with opportunities boosted by the further development of new applications. Growth will also be aided by advantages of product differentiation, portability, and material savings compared to conventional single portion packaging configurations. Moreover, the differentiation attributes of stick packs will promote opportunities in introductions of product line extensions and in refreshing or repositioning mature products. On the other hand, increasing saturation in sugar and sweetener uses and competition from other convenient single serving packaging options in drink mixes and yogurt will moderate gains to some extent. Demand for cartridges for caulks and greases will increase at an above average pace based on a rebound in construction activity, with the residential, office, and commercial building markets all expected to recover from their post-recession troughs. Design trends in new homes, such as larger windows and larger and better appointed kitchens and bathrooms, will also drive increased adhesive and sealant consumption, and related cartridge demand. In addition, a recovery in manufacturing output will drive increased requirements for adhesives and sealants used in bonding and assembly applications and lubricants for use in industrial machinery and motor vehicle applications. These trends will bode well for related cartridge packaging for adhesives, sealants, and greases.

Study coverage

This study, Tube & Stick Packaging, presents historical demand data (2003, 2008, 2013) plus forecasts (2018, 2023) by product, material and market. The study also considers market environment factors, assesses industry structure, evaluates company market share and pro-files 36 competitors in the US industry.

To view a full Executive Summary and Table of Contents, please visit:
https://www.bharatbook.com/packaging-market-research-reports-565854/tube-stick-packaging.html

Related Reports  :
https://www.bharatbook.com/industry-mfg-market-research-report/packaging.html

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Tube & Stick Packaging Market Demand in the US to 2018

Source: Press Release

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