Freedonia In The News
Article Title: US demand for tube, stick packaging to exceed $2.1 billion in 2018, up 4% a year
Publication: Converting Quarterly, 1/30/2015
Freedonia Study: Tube & Stick Packaging (3252)
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Demand for tube and stick packaging in the US is projected to advance 4.0 percent per year to $2.1 billion in 2018. Growth will be fueled by further recoveries in the manufacturing and construction sectors from post-recession troughs. Improved output of cosmetics and toiletries, and pharmaceuticals, relative to the 2008-2013 period will support gains as these two markets comprise more than 75 percent of tube and stick packaging demand. Furthermore, according to analyst Esther Palevsky, “A turnaround in construction activity will bode well for cartridges used to package caulks and sealants.” These and other trends are presented in Tube & Stick Packaging, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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