SOUTH KOREA TUBE PACKAGING MARKET
INTRODUCTION
Lotions, ointments, gels, and even heavier liquids are typically packaged in tubes. It also has a thick layer of cushioning to keep the contents from shattering. Because plastic tubes have replaced metal tubes, tubes can now store a wider range of substances.Food tube packaging has numerous benefits to both food manufacturers and consumers, including enhanced protection against pollutants like air and bacteria. Maintains food freshness and flavour while preventing spoilage.
Aluminium tubes can be found in a variety of products including cosmetics, pharmaceuticals, food, paint, and technology. Plastic tubes, especially polyethylene tubes, can also be used. Plastic tubes are used to package cosmetics and other consumables such as hand creams.They help to prevent contamination and product degradation.
It is also environmentally friendly because it promotes environmental sustainability. Paper tube packaging is used by many businesses, including food, pharmaceutical, and cosmetics.The primary purpose of product packaging is to safeguard the contents. Packaging must safeguard the product both during transportation from the manufacturing plant to the retailer and while it is on the shelf. As a result, product packaging must be strong and durable.
SOUTH KOREA TUBE PACKAGING MARKET AND FORECAST
The South Korea Tube packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
Amorphous PHA Cosmetics Jar Launches in South Korea.With its ecologically friendly amorphous polyhydroxyalkanoate (aPHA) technology, CJ Biomaterials, Woburn, Massachusetts, is advancing the industry. For Clean It Zero Ceramide Cleansing Balm, the first cosmetics jar created from the company’s aPHA has been introduced in Asia. It is the first cosmetic jar created using the amorphous polyhydroxyalkanoate (PHA) technology from CJ Biomaterials. Additionally, it heralds CJ Biomaterials’ entry into the market for injection moulding.
The product, manufactured by Banila Co. in Korea, is contained in an injection-moulded jar made of polylactic acid (PLA) and PHACT aPHA from CJ Biomaterials. In South Korea, CJ Olive Young health and beauty shops carry the balm.According to CJ Biomaterials, PHACT has distinct performance properties from crystalline or semicrystalline PHA. It is a softer, more rubbery variant of PHA. The bacterial fermentation of sugar from natural sources such corn, sugar cane, cassava, and cellulosic biomass results in the production of PHACT.
The company’s aPHA is 100 percent biobased and TÜV Austria-certified biodegradable in soil, marine environments, industrial composting, and at home.According to information published in December by PlasticsToday, CJ Biomaterials, a division of CJ CheilJedang, a South Korean company, manufactures aPHA in a plant in Indonesia that started operating earlier this year.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Tube packaging are manufactured per annum in South Korea? Who are the sub-component suppliers in different regions?
- Cost breakup of a South Korea Tube packaging and key vendor selection criteria
- Where is the Tube packaging manufactured? What is the average margin per unit?
- Market share of South Korea Tube packaging market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture South Korea Tube packaging in-house
- key predictions for next 5 years in South Korea Tube packaging market
- Average B-2-B Tube packaging market price in all segments
- Latest trends in Tube packaging market, by every market segment
- The market size (both volume and value) of the Tube packaging market in 2023-2030 and every year in between?
- Production breakup of Tube packaging market, by suppliers and their OEM relationship
