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 βincreased 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.β Other developments in the report include the following:
β’ Residential construction business gains increase the need for cartridges used to package caulks and sealants, which are widely used in new construction and in maintenance and repair applications.
β’ Stick packs will experience the fastest gains, with demand projected to climb 11.8% annually to $70 million in 2014. The report says stick packs provide, βadvantages of product differentiation, portability, and material savings compared to conventional single-portion pouch configurations.β
β’ Squeeze tubes are βby farβ the largest tube and stick packaging product type, accounting for 61% of value demand in 2009. Through 2014, squeeze tube demand is expected to climb 4.8% annually to $1.1 billion.
β’ Plastic is the dominant material in tube and stick packaging. Paper βwill remain a small playerβ and βbelow-average gains for aluminum will be the result of the maturity of aluminum squeeze tubes along with [being supplanted] by laminate tubes and extruded plastic tubes.β
The 202-page Tube & Stick Packaging report is available for $4,800. For further details, contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail [email protected].