The Global Collapsible Metal Tubes Market Report by The Business Research Company covers collapsible metal tubes market’s drivers and restraints, collapsible metal tubes market size, major players, and the impact of COVID-19 on the collapsible metal tubes market.

The collapsible metal tubes market consists of sales of collapsible metal tubes by entities (organizations, sole traders and partnerships) that manufacture collapsible metal tubes. Collapsible tubes are composite containers used for storing and dispensing liquid formulations that have a paste like consistency like cosmetics, pharmaceutical products, paint, adhesives and ointments. Collapsible metal tubes are made of metal or thermoplastic and thus prevent toxic gases, odor and dust to enter, ensuring the natural quality of product when closed.

The increasing concern over plastic packaging globally contributed to the growth of the collapsible metal tubes market in the historic period.

The global collapsible metal tubes market is expected to grow from $1.02 billion in 2020 to $1.12 billion in 2021 at a compound annual growth rate (CAGR) of 9.32%. The growth is mainly due to the growing demand for metal tubes by the cosmetic and pharmaceutical industries. The market is expected to reach $1.44 billion in 2025 at a CAGR of 6.44%.

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Some collapsible metal tubes market trends include the growing focus towards recycling. Major companies operating in the collapsible metal tubes sector are focused on developing recyclable solutions for collapsible metal tubes in order to reduce wastage and pollution. For instance, in April 2019, Tubettificio Favia, an Italian company launched ToBeNaturAL, a collapsible aluminum tube with a biodegradable closure seal. After usage, the aluminum tube can be recycled, and the bioplastic cap can be thrown directly into household agricultural waste, where it can decompose into humus for the soil and plant food.

Global collapsible metal tubes market segments include:

By Product Type: Twist Tubes, Squeeze Tubes, Others

By Closure Type: Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Others

By End-User: Home Care And Personal Care, Cosmetics, Industrial, Pharmaceutical, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global collapsible metal tubes market share.

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The Collapsible Metal Tubes Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides collapsible metal tubes market overviews, analyzes and forecasts market size, share, collapsible metal tubes market players, collapsible metal tubes market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The collapsible metal tubes identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Collapsible Metal Tubes Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Auber Packaging Co., Ltd, CONSTRUCT Packaging, Linhardt, Universal Metal Products, Antilla Propack, PAKET Corporation, Albéa, ALLTUB Group, Montebello Packaging, Jiujiang Deshun Adhesives, Almin Extrusion, Perfect Containers Pvt. Ltd, Hubei Xin Ji Pharmaceutical Packaging, D.N. Industries, and Pioneer Group.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Collapsible Metal Tubes Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Collapsible Metal Tubes Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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