A report regarding global forecast of tube packaging market to 2021 have been released.

This report has showed that the market volume of tube packaging is expecting to reach at USD9.3 Billion by 2021. Comparing to the data in 2016 with USD6.65 Billion, it is a CAGR of 6.9%.

It is also forecasted that the tube packaging market will show a great increment in the next few years. In the meantime, cosmetic and oral care tube packaging may be the most potential segment since they have been the main player in the industry of 2015.

It may also be a good orientation for tube suppliers to focus on the development of laminated tubes as it is predicted to be the most fast-growing type of tubes by 2021.