UK polyethylene plastic tube market was over $50 million in 2018 and is anticipated to grow at a CAGR of around 7.0% during the forecast period. The 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, ban on the use of plastic due to its environmental effects and fluctuation in prices of raw materials may hinder the growth of the market.
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The country is significantly working in the field of material and additive manufacturing, food and beverages, pharmaceutical, cosmetic and so on. Most of the market players acting in the country are small to medium-sized companies. A wide range of reprocessing technologies and equipment are being examined due to cohesive government regulations. As per the International Trade Association, around 7% of manufacturing activities in the country account for the plastic industry each year. More than 6,200 firms are engaged in the plastic field in the country. It includes producers of plastics raw materials, and additives, and end-user industry. One of the major restraints to the market is the exit of Britain from the European Union, which may result in unstable economic conditions in the country.
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The report analyzes the UK polyethylene plastic tube market on the basis of end-user into pharmaceutical, cosmetic, oral care, and others. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe. Some of the key market players include Berry Global, Inc., Linhardt GmbH & Co KG, Hoffmann Neopac AG, Huhtamäki Oyj, Saint-Gobain Performance Plastics, Inc., and Others. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players.
UK Polyethylene Plastic Tube Market Segmentation
By End-User
• Pharmaceutical
• Cosmetic
• Oral Care
• Others (Food & Beverages)
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.
• Hoffmann Neopac AG
• Huhtamäki Oyj
• Lakeland Plastics, Inc.
• LeRoy Plastics, Inc.
• LINHARDT GmbH & Co. KG
• NewAge Industries, Inc.
• RPC M&H Plastics
• Saint-Gobain Performance Plastics, Inc.
• Scandolara S.p.A.
• Shree Rama Multi-Tech, Ltd.
• Tubes International Sp. z o.o.
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