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Tube demand driven by cosmetics and pharmaceuticals

Demand for tube and stick packaging to reach $1.8 billion by 2014 according to a new Freedonia study.

Freedonia_sticks
Freedonia_sticks

Tube & Stick Packaging, a new study from The Freedonia Group, Inc., forecasts that demand for this packaging in the U.S. will expand 5.1% per year to $1.8 billion by 2014.

Behind the advances are β€œincreased production of cosmetics, toiletries, and pharmaceuticals, along with aesthetic and barrier performance improvements in squeeze tubes. Additionally, gains will be boosted by a recovery in the U.S. economy, which will result in improved outlooks for construction and manufacturing activity as well as retail sales.” Other developments in the report include the following:

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