Press release
Cosmetic Tubes Market | Albea S.A., Amcor Limited, Essel Propack Ltd., Sonoco Products Company
Cosmetic Tubes Market
Advantages of cosmetic tubes include, shaping the orifice in different ways, varied styles, and lengths. Tube packaging containers may be modified during production, labeling, punching, slicing, and crimping to create an attractive package. Cosmetics tubes are considered as having anti-microbial properties due to the high temperatures during the production process.
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Market Taxonomy
On the basis of product type, the global cosmetic tubes market is segmented into:
Squeeze Tubes
Twist Tubes
Rigid Tubes
Extruded Tubes
Others
On the basis of material type, the global cosmetic tubes market is segmented into:
Aluminum
Plastic
Others
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Key Developments
Market players are involved in growth strategies such as new product launch, mergers and acquisitions to expand into key regions.
Amcor Limited, in 2015, acquired Essel Procpack Ltd.’s India-based operations for US$ 26 million. The acquisition was a response to rising demand for cosmetic tubes in India and the huge growth potential in the country. Other acquisitions made by Amcor Limited in India include Parry Enterprises Ltd. in 2013 and Uniglobe Packaging Pvt. Ltd. in 2012.
In October 2019, L’Oréal and Albéa partnered to create environmentally friendly packaging, a paper based cosmetic tube. According to L’Oréal, they will launch this paper cosmetic tube with industrial production planned in 2020.
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