The global tube packaging market size was valued at $8.84 billion in 2020, and is projected to reach $13.64 billion by 2026, growing at a CAGR of 7.5% during the forecast period.
• The tube packaging market is expected to witness significant growth in the future due to growth in flexible packaging industry, rising demand for convenience packaging and growing product demand for personal care & hygiene products packaging.
• Additionally, the increasing urbanization, growing millennial population, rising disposable incomes of consumers and increasing consciousness among the masses regarding the hygiene of the products are the major factors driving the growth of the tube packaging market demand.
• However, regulations in the packaging industry are restraining the market growth.
• On the contrary, increase in the demand for innovative and convenient packaging creating opportunities across the globe.
A tube is a hollow, cylindrical container that is used to store viscous liquids such as ointment, glue, caulking, and toothpaste. They give an extra layer of protection to the contents from the sun, abrasion, and breaking. Extrusion, slicing, punching, and crumpling are common tube packaging processes, and they may be modified with individual labels, colours, and patterns to create a useful and unique product. It is made up of several materials such as plastic, metal, and paperboard, among others. Tubes are commonly utilised in the packaging industry. Tube packaging is utilised in a variety of sectors, including printing, labelling, punching, and slicing. Cosmetics and oral care, food and beverage, pharmaceuticals, and personal care all use tube packaging.
By Tube Type, Squeeze and Collapsible Emerge as the Dominant Segment
The squeeze and collapsible segment held the major share in the tube packaging market, based on tube type. This can be primarily attributed to the higher product penetration in the end-user industries, such as personal care & oral care and healthcare. The plastic squeeze type is the most commonly used product because it is lightweight, non-breakable, and leakproof. Laminated and aluminium collapsible types are commonly used in healthcare and dental care applications. Collapsible tubes do not revert to their original shape when the pressure is removed, making them better for ointment and cream packing.
By Geography, North America to Lead the Market
North America dominated with the largest market share for the tube packaging, owing to great demand merchandise from the private care and healthcare application industries. North America is home to a big number of medium-scale Tube Packaging Market manufacturers working to meet demand from the appliance industry. Because of the growing need for easy and lightweight packaging, the United States was the most dominating market in North America. Plastic-based tube packaging market, which included laminated tube and extruded plastic tube, was a popular material type in the country and commanded a large portion of the market due to its ease of manufacture and printing.
Some of the key players profiled in the Report:
• Amcor PLC
• Berry Global Inc.
• Clariant International Ltd.
• Essel Propack Ltd.
• Hoffmann Neopac AG
• HCT Packaging Inc.
• VisiPak Inc.
• IntraPac International LLC
• Coveris Holdings SA
• CCL Industries Inc.
• IntraPac International Corporation
• CPP Global Holdings Ltd.
• Silgan Holdings Inc.
• Unicep Packaging, Inc.
• Albea S.A
• Printpack Inc.
• Viva Group Inc.
• Sonoco Products Company
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Material
• Aluminum
• Laminated
• Plastic
• Paper
Market by, Tube Type
• Squeeze and Collapsible
• Twist
• Stick
• Cartridges
Market by, Application
• Cosmetics & Toiletries
• Personal Care & Oral Care
• Food & Beverage
• Healthcare & Pharmaceutical
• Consumer Goods
• Other Applications
Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Growth in flexible packaging industry
4.1.2 Rising demand for convenience packaging
4.1.3 Growing product demand for personal care & hygiene products packaging
4.2 Market Restraints
4.2.1 Regulations in the packaging industry
4.3 Market Opportunities
4.3.1 Increase in the demand for innovative and convenient packaging
4.4 Market Challenges
4.4.1 Presence of substitutes
4.5 Impact of COVID-19 on Tube Packaging Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Tube Packaging Market by, Material
6.1 Overview
6.2 Aluminum
6.3 Laminated
6.4 Plastic
6.5 Paper
7 Global Tube Packaging Market by, Tube Type
7.1 Overview
7.2 Squeeze and Collapsible
7.3 Twist
7.4 Stick
7.5 Cartridges
8 Global Tube Packaging Market by, Application
8.1 Overview
8.2 Cosmetics & Toiletries
8.3 Personal Care & Oral Care
8.4 Food & Beverage
8.5 Healthcare & Pharmaceutical
8.6 Consumer Goods
8.7 Other Applications
9 Global Tube Packaging Market by, Geography
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Amcor PLC
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Berry Global Inc.
11.3 Clariant International Ltd.
11.4 Essel Propack Ltd.
11.5 Hoffmann Neopac AG
11.6 HCT Packaging Inc.
11.7 VisiPak Inc.
11.8 IntraPac International LLC
11.9 Coveris Holdings SA
11.10 CCL Industries Inc.
11.11 IntraPac International Corporation
11.12 CPP Global Holdings Ltd.
11.13 Silgan Holdings Inc.
11.14 Unicep Packaging, Inc.
11.15 Albea S.A
11.16 Printpack Inc.
11.17 Viva Group Inc.
11.18 Sonoco Products Company
Report Details
SKU Code | : DI2075 |
Industry | : Packaging |
Region | : Global |
Tables | : 138 |
Format | : Electronic PDF |
Published | : 2023 |
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