Global Tube Packaging Market Report and Forecast 2024-2032

Global Tube Packaging Market Outlook

The global tube packaging market attained a value of nearly USD 11.55 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6% to reach approximately USD 19.58 billion by 2032.

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Rising Use of Laminated Tubes Owing to their Excellent Properties Boosting the Market Growth for Tube Packaging

The growing use of laminated tube packaging owing to its outstanding properties is aiding the market growth. It is widely used in various applications in cosmetics, toothpaste, and personal care products packaging. As the laminated barrier protects the content from transferring to the tube and prevents it from oxygen contact, it is increasingly used for food and pharmaceutical packaging, which, in turn, is propelling the market growth. Laminated tubes have the properties of both plastic and aluminium, hence they are tamper-resistant and provide protection from moisture, air, and light to conserve the contents efficiently. They are widely used in the pharmaceutical industry owing to their lightweight, toxin-free, and hygienic qualities, consequently bolstering the market growth.

The rising demand for miniature products for on-the-go functionality is boosting the market growth. Moreover, tube packaging provides affordable speciality products and is used by various manufacturers for offering sample tubes to promote their products. This is further aiding the market growth. The tube can be designed as per the requirement with a variety of heads like needlepoint tips. In addition, the external appearance of the product can be changed to appeal to consumers. The tube packaging used for cosmetics can include a brush, a tip applicator, a metal tip applicator, and a single-use twist top for ease of use, which provides further impetus to the growth of the tube packaging industry.

Tube Packaging: Market Segmentation

A tube packaging is a flexible container that is typically used for viscous liquids, such as toothpaste and ointments. It is usually made of metal and plastic, the one end of which is a round orifice and the other end is sealed either by welding or folding. Tube packaging is designed for dispensation with hand pressure for convenience and easy use.

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The major types of tube packaging are:

• Squeeze
• Twist
• Stick
• Cartridges
• Others

Based on material, the market is segmented into:

• Laminate
• Plastic
• Aluminium
• Others

The market can be broadly categorised on the basis of its applications into:

• Personal Care and Oral Care
• Healthcare
• Food
• Cleaning Products
• Consumer Goods
• Others

The EMR report looks into the regional markets of tube packaging like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Demand for Sustainable Packaging to Bolster the Growth of the Tube Packaging Industry

The shift towards sustainable and low-waste lifestyles is driving the market growth. Moreover, the rising demand for aesthetic and recyclable tube packaging in the cosmetics industry is also aiding the market growth. The trend of using post-consumer recycled materials in the manufacture of tube packaging is providing further impetus to the market growth. Also, the rising use of solvent-free tube packaging using mineral microspheres to create smart materials for packaging is augmenting the market growth. The use of airless technology to ensure product protection and enhance shelf life while saving wastage in packaging tubes is further invigorating the market growth.

The rising demand for decorative techniques, unique dispensing systems by the millennial and Gen-Z population owing to its social media appeal is also catalysing the market growth. In addition, plastic tube packaging is increasingly used due to its affordability and versatility. Moreover, technological advancements and innovations can aid in better designing, measuring, predicting, and control all aspects of the manufacturing process. Also, plastic packaging provides an environmentally friendly alternative, which is further increasing its demand, hence augmenting the market growth. The aesthetic appearance and easier use of plastic packaging are also contributing significantly to the market growth. Moreover, they are cost-efficient and can improve shelf-life, due to which it is rapidly adopted by pharmaceutical manufacturers.

Key Industry Players in the Global Tube Packaging Market

The report presents a detailed analysis of the following key players in the global tube packaging market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Albea Group
• EPL Limited
• Montebello Packaging
• Huhtamäki Oyj 
• Unette Corporation
• VisiPak
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report