Joanna Cosgrove, Contributing Editor06.01.20
Worth an overall value of $31.9 billion in 2018, the global tube industry had been on track to expand at a CAGR of 6.5% by 2025, strengthened by the personal care category’s 35% market share (Grand View Research; Aug 2019). The spread of Covid-19, however, has unexpectedly upended global industries, compelling companies to adapt how they do business and plan for what lies ahead as the world economy recuperates to find a new normal.
In spite of present market slowdowns, tube suppliers have continued to forge ahead with new tube innovations.
Neopac recently introduced its SpringTube packaging solution for cosmetics and personal care products. Developed by subsidiary 3D Neopac, the tube is specially designed to maintain its shape during use. Available in fill volumes from 40-300ml, the tube also pairs with a variety of caps and is amenable to digital, flexo or metallic foil process decoration, pairing stylish looks with functio
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