China Plastic Tube Market Trends, Size, Competitive Analysis and Forecast 2019-2Posted by mansi on March 23rd, 2020 China plastic tube market was 3 million in 2018 and is anticipated to grow at a CAGR of 7.1% during the forecast period. The growth of the market is attributed to the integration of printing and design technology by plastic tube manufacturers that enhance the packaging capabilities and have strong economic prospects. Advanced packaging technology has allowed companies to introduce innovation in products rather than adhere to traditional packaging methods. Many companies, therefore, adopt sustainable and intelligent innovation in their product designs. The consumption of plastic tubes is increasing due to several benefits of plastic tubes such as ease of use, portability, and convenience. However, a ban on the use of plastic due to its environmental effects and fluctuation in prices of raw materials may hinder the growth of the market Request a Free Sample of our China Plastic Tube Market: https://www.omrglobal.com/request-sample/china-plastic-tube-market The plastic tubes market in China is estimated to witness potential growth owing to the growth in personal care products and food & beverage industry in the country. The consumers in China are becoming highly sophisticated for their needs of personal care and cosmetics products and the local companies are catching up by using natural ingredients. As per the International Trade Administration (ITA), the country has an estimated revenue of billion in domestic sales of personal care and cosmetics products in 2015. Rapid urbanization and increasing disposable income are the crucial factors contributing to the rising demand for personal care and cosmetics products in the country. For instance, cosmetics consumption in China is significantly prevalent in tier 1 megacities, with considerable penetration in the country’s inland tier 2 and tier 3 cities. A full Report of China Plastic Tube Market is Available at: https://www.omrglobal.com/industry-reports/china-plastic-tube-market China Plastic Tube Market Segmentation By Type • Polyethylene By End-User • Pharmaceutical Company Profiles • Albea Services S.A.S. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Like it? Share it! More by this author |