Tube & Stick Packaging Market Demand in the Us to 2018

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Date Submitted: 01/31/2015 01:41 AM

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US demand to reach $2.1 billion by 2018

Demand for tube and stick packaging in the US is forecast to reach $2.1 billion in 2018. Growth will be fueled by further recoveries in the manufacturing and construction sectors from post-recession troughs. Improved output of cosmetics and toiletries and pharmaceuticals rela-tive to that of the 2008-2013 period will support gains. A turnaround in construction activity will bode well for cartridges used to package caulks and sealants, which are widely used in new construction and in maintenance and repair applications. Product differentiation and convenience advantages will promote growth for squeeze tubes and stick packs.

Key squeeze tube segment to track industry average

Squeeze tubes are by far the largest tube and stick packaging product type, accounting for approximately 60 percent of total value demand in 2013. Demand for squeeze tubes is expected to increase in line with the overall tube and stick packaging average, with these containers remaining widely used in the packaging of creams, pastes, and other viscous substances, based on a number of advan-tages. Among these are a relatively low cost, a wide variety of customization capabilities, and the ability to provide controlled dispensing. Value advances will also reflect expanded use of specialty decorative and design processes to achieve a premium appearance. Laminate tubes will gain ground in cosmetic and toiletry applications other than toothpaste and in pharmaceuticals, making inroads into plastic and aluminum tubes and against other container types such as bottles. The range of appli-cations for laminate tubes will increase as a result of cost advantages, the growing presence of specialized and/or natural formulations requiring higher barrier properties to maintain shelf life, and aesthetic improvements resulting from various coating and finishing processes.

Stick packs, cartridges among best opportunities

Among major tube and stick packaging types, healthy...