The North American polyethylene plastic tube market was $244 million in 2018 and is anticipated to grow at a substantial rate of 6.2% during the forecast period. Polyethylene is one of the most popular types of plastics mostly used in the packaging industry. Polyethylene is used for making plastics films, bags, containers, bottles, and other packaging products. Polyethylene plastics have the generally beneficial properties of toughness, high tensile strength, and good barrier properties to moisture. The plastic tube is highly suitable for the purpose of packaging of semi-liquid pharma products as they are isolated from the chemicals and do not react with the chemicals of the packaging. Therefore, the increased demand for gel and lotion packing is a major factor for increasing the use of plastic tubes in the pharmaceutical packaging market in North America. Moreover, in February 2019, the American Chemical Council’s Plastics Division and the European Union (EU) had announced the target of 100% use of recyclable, reusable and compostable plastics by 2025 and 2040 respectively in their regions. These regulations are expected to shape the plastic tube packaging industry of the region in the future.
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The North American plastic pipe market growth 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, in many countries, plastic is banned due to its environmental effects and fluctuation in prices of raw materials which is expected to hinder the growth of the market.
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Market Segmentation
North American Polyethylene Plastic Tube Market by End-User
- Pharmaceutical
- Cosmetic
- Oral Care
- Others (Food & Beverages)
Regional Analysis
- US
- Canada
Company Profiles
- Albea Services S.A.S.
- Berry Global, Inc.
- CCL Industries Corp.
- Cope Plastics, Inc.
- CTL – TH Packaging
- Essel Propack, Ltd.
- Freelin-Wade Co.
- GSH Industries, Inc.
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