The global laminated tubes market is on a stable growth trajectory, projected to reach US$2.1 billion by 2033. This translates to a compelling Compound Annual Growth Rate (CAGR) of 6.3% from its 2023 valuation of US$1.12 billion, according to Future Market Insights (FMI).
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Sustainability and Protection Drive Market Expansion
The adoption of laminated tubes in the packaging industry is surging due to several key factors:
- Sustainable Solutions: Laminated tubes offer an environmentally friendly alternative to traditional packaging materials. Their ability to effectively block moisture, air, and light safeguards product integrity while minimizing waste.
- Enhanced Protection: Laminated tubes offer a multitude of benefits beyond sustainability. They protect products from dust particles, tampering, and degradation, ensuring product freshness and maintaining aromas, flavors, and fragrances.
- Lightweight and Cost-Effective: Laminated tubes are lightweight and require minimal resources for production, making them a cost-effective packaging option for manufacturers.
- Hygienic and Toxin-Free: These tubes prioritize hygiene and safety, being toxin-free and suitable for packaging a wide range of products.
Market Leaders and Regional Growth
- Top Player Share: Leading companies in the global laminated tubes market are expected to capture a significant share of 20% to 25%.
- Aluminum Barrier Laminates (ABL) in Focus: The segment of aluminum barrier laminates (ABL) is anticipated to witness significant growth due to its superior product protection capabilities, with a projected CAGR of 6.1%.
Laminated Tubes: A Perfect Fit for Diverse Industries
The global personal care, food, and pharmaceutical industries are major users of laminated tubes. As these industries expand in the coming years, the demand for laminated tubes is projected to climb proportionally.
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Product Type Breakdown:
- Plastic vs. Aluminum: Laminated tubes are categorized into plastic barrier laminates and aluminum variants. Plastic offers greater customization potential for printing, while aluminum excels in product protection.
- Aluminum Barrier Laminates Take the Lead: FMI forecasts the ABL segment to be the leader by product type, growing at a steady CAGR of 6.1% through 2033. Plastic barrier laminates are also expected to maintain popularity with a projected CAGR of 6.0%.
Looking Ahead: A Promising Future
The laminated tubes market presents a promising outlook for industry players. The market expansion translates to an absolute dollar opportunity worth US$1.0 billion between 2023 and 2033.
Key Growth Drivers:
- Innovation: Continuous advancements in laminated tube technology are propelling market growth.
- Product Appeal: The ability of laminated tubes to enhance product presentation is fueling their adoption as companies prioritize product differentiation.
Regional Focus: Germany and the US
- Germany’s Personal Care Boom: The German market for laminated tubes is projected to hold a substantial 15% share in the European market by 2033. The country’s thriving personal care and cosmetics industries are significant drivers of this growth.
- US Market Maturity: The United States is expected to hold a dominant 88% share in the North American market by 2023. The rising demand for sustainable packaging solutions and the growing personal care market in the US present significant opportunities for laminated tubes.
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Market by Category:
By Product Type:
- Plastic Barrier Laminates (PBL)
- Ethylene Vinyl Alcohol (EVOH)
- Polyamide (PA)
- Polyester (PET)
- Aluminum Barrier Laminates (ABL)
By Capacity:
- Less than 50 ml
- 51 to 100 ml
- 101 to 150 ml
- Above 150 ml
By Cap Type:
- Stand-up Cap
- Nozzle Cap
- Fez Cap
- Flip Top Cap
By End Use:
- Cosmetics & Personal Care
- Hair Care
- Skin Care
- Oral Care
- Commercial
- Sealants & Adhesives
- Lubricants
- Pharmaceuticals
- Homecare
- Laundry Gel
- Toiletries & Hand wash Gels
- Food
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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