Report ID: SQMIG15H2040
Report ID:
SQMIG15H2040 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
122 |
Figures:
77
North America emerged dominant in the tube packaging industry, holding a revenue share of 34.59%. This region is expected to maintain its leading position throughout the forecast period. The strong presence of well-established personal care and healthcare industries in North America contributes to its higher market share. These industries demand significant quantities of tube packaging for their products, driving the market growth in the region.
Asia Pacific is projected to be the fastest-growing regional market in the tube packaging industry. Countries such as India, China, and South Korea are emerging as manufacturing hubs, attracting investments and witnessing rapid industrial growth. The region benefits from a growing population and increasing disposable income levels, which lead to higher consumer spending. As a result, the demand for tube packaging is rising in various end-user industries, contributing to the growth of the market in Asia Pacific.
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Report ID: SQMIG15H2040