OMR Global, Market Research company

UK tube packaging market is estimated to have a significant CAGR of around 6.6% during the forecast period. The market is mainly driven by the growing usage of recyclable packaging solution in various industries. In April 2018, a new initiative, named Plastics Pact was launched in the country to reduce single-use plastic packaging by 2025. It was launched by the Ellen MacArthur Foundation and Waste and Resources Action Programme (WRAP). The aim of the collaboration is to improve the plastic supply chain and its waste usage. Due to this, government and non-government organizations work to sustainability use plastic and to restrict plastic waste in the ocean.  In the initial phase, around 42 companies have joined the initiative and more companies joined later. Moreover, the significant application of flexible packaging in the personal care, pharmaceutical industry further contributes to the growth of the market in the country.  The UK tube packaging market is classified on th...

  The global synthetic paper market is anticipated to grow significantly at a CAGR of 8.8% over the forecast period (2023-2029). synthetic paper has gained high popularity as a choice material in many end-use applications due to its high-performance properties, including chemical resistance, oil resistance, tear resistance, water resistance, UV resistance durability, and longer shelf life. Rising demand for synthetic papers in paper bags and end-use industries like food and beverages, pharmaceuticals, packaging, cosmetics, and chemicals is expected to boost the overall growth of the synthetic paper market. For instance  •        In 2020, Arjobex SAS acquired 100% shares of the MDV Group—a niche manufacturer and coater of specialty papers and films for the print, packaging, medical, sign/display and building industries. •        In September 2020, Yupo Corporation launched "SUPERYUPO Double" (grade: FRBW) grade fo...

Ribbon fiber optic cable market is anticipated to grow at a CAGR of 9.0% during the forecast period. The major  factors for growth of the market  are the increasing growth of telecom sector and need for high speed internet across the globe due to cloud computing and IoT.  All of these factors will fuel the growth of the market during the forecast period. There has been increasing adoption of ribbon fiber optics, due to the increasing demand of high-speed internet across the globe. This adoption will not help only in high-speed internet but, also save cost along with better energy efficiency. Various government policies like BharatNet project initiative by Government of India, where government aims to provide internet to every part of the country, will boost the growth of the market during the forecast period. In 2019, IBM opened three data centres in the UK, and various other data centres have been opened by the tech companies for the storage of the data. These develop...

  North American tube packaging market is projected to witness a considerable CAGR of around 7.6% during the forecast period. The major factors that propel the growth of the tube packaging market include the growing demand for convenient packaging solution in various sector such as pharmaceutical, cosmetic, and personal care. Moreover, the growing trend towards flexible packaging further provides ample opportunity to the market in the near future.  The North American tube packaging market is classified on the basis of material type and vertical. Based on material type, the market is segmented into laminated tubes, aluminum tubes, plastic tubes, and others. Based on vertical, the market is segregated into cosmetic and oral care, food & beverages, pharmaceutical, and others. The tube packaging in the cosmetic and oral care market is estimated to project a considerable CAGR during the forecast period. Geographically, the North American tube packaging market is segmented int...