The value of tube packaging market in 2018 was valued at USD 7.44 billion, based on Aluminum Barrier Laminated tubes’ booming at recently years, the forecast value to 2024 may reach to USD 9.79 billion, what’s bringing it up?

1. BB ,CC and hand creams using has witnessed very steep demand for tube packaging.

2. Aluminum Barrier Laminated tube is extensively used in the pharmaceutical market instead of traditional aluminum tube. According to AstraZeneca Global report that pharmaceutical sales globally in 2018 were 110 billion USD, it will drive the demand for tubes and bottles packaging particularly.

3. Since painting market developed finger paint, plastic laminated tube packaging becomes more and more popular in painting industry. It drives tube market increase up.

Except the marketing demand changes leads tube packaging industry increase. Its industry’s inner innovation also drives its demand.