Cosmetic Tubes Market 2021 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031
Newly released data by Future Market Insights (FMI) projects the global cosmetic tube market size to top US$ 2.4 Bn in 2021. Increasing demand for sustainable packaging solutions in the cosmetic industry is expected to augment growth of the market, pushing sales at 4.6% CAGR through 2031. Cosmetic Tubes Market Shifting consumer preference for small and miniature-sized cosmetic tubes is anticipated to boost sales of 50-100ml cosmetic tubes over the assessment period. Consumers are getting inclined towards using small-size products for cost-effectiveness, easy accessibility, and portability. Cosmetic tubes are lightweight and easy to handle. This is expected to continue boosting demand for cosmetic tubes through 2031. Besides this, rising concerns regarding sustainability and recyclability of consumer goods packaging are compelling manufacturers to launch sustainable cosmetic tubes. Leading cosmetic tube players are investing in...