European Tube Market Grew In 2022 As Price
July 20, 2023
It said that the European tube market was robust last year with a rise of under 2% to a total volume of 11.8 billion units. Shipments to in the pharmaceutical market grew 13%, dental care was up 2% while cosmetics rose by 1%. But food declined 7% while demand in household sectors fell 14%.
ETMA president Mark Aegler said: “The long-standing globalisation trend in procurement has given way to increasing regionalisation. ETMA members are seeing many customers focus on European sourcing because security of supply and a certain geographic proximity are playing an increasingly important role following supply chain issues in recent years. European tube suppliers will benefit from this trend.
“On a positive note, European tube manufacturers are feeling a slight easing in energy, raw material and freight prices. However, the situation regarding labour costs and labour availability has noticeably worsened. In the fierce competition for qualified employees, tube manufacturers are called upon to sharpen their profile as attractive and flexible employers with a meaningful sustainability strategy.”
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