Future Market Insights (FMI), a prominent market intelligence firm, has released a forecast predicting the global laminated tubes market to reach a valuation of US$ 1.12 billion in 2023. The market is projected to exhibit a steady compound annual growth rate (CAGR) of 6.3% from 2023 to 2033, ultimately reaching US$ 2.1 billion in 2033.
Request For a Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-4301
Market Insights:
- Top Players and Market Share: FMI predicts that the top players in the laminated tubes market will hold a 20 to 25% share of the global industry. The segment of aluminum barrier laminates (ABL) is expected to witness prominent expansion, driven by a moderate 6.1% CAGR.
- Benefits of Laminated Tubes: Laminated tubes offer several benefits, including protection against moisture, air, and light transfer, dust particle prevention, tamper resistance, hygiene, and low manufacturing costs. These qualities make them highly sought-after in industries such as personal care, food, and pharmaceuticals.
- Product Types: Laminated tubes are categorized into plastic barrier laminates and aluminum variants. While plastic barrier laminates offer more printing customization possibilities, aluminum barrier laminates provide superior product protection.
- Market Trends: The market is driven by innovations in laminated tubes and their ability to enhance product appearance, leading to product differentiation.
Germany’s Role in Laminated Tubes Sales:
- Market Strength: Germany is expected to account for a 15% share in the European laminated tubes market by 2033. The country’s strong personal care and cosmetics industries drive demand for laminated tubes, with nearly half of all tubes manufactured in Europe used in the cosmetics sector.
- Trends: Consumers in Germany are increasingly opting for organic and nature-inspired cosmetics, creating opportunities for laminated tubes made from environmentally friendly materials.
Laminated Tubes Market in the United States:
- Market Dominance: The United States is projected to hold an 88% share in the North American laminated tubes market by the end of 2023. The market in the U.S. is characterized by maturity and a growing preference for sustainable packaging solutions.
- Drivers: Increased demand for personal care items and growing awareness of health and cleanliness are expected to drive the adoption of laminated tubes in the pharmaceutical industry for packaging creams, gels, and ointments.
Request For Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-4301
Key Takeaways from the Laminated Tubes Market
- The aluminum barrier laminate (ABL) segment is projected to register a CAGR of 6.5% between 2023 and 2033
- The 50 to 100 ml capacity segment is estimated to hold nearly 64% of the market share by the end of 2023.
- The nozzle cap segment is expected to expand 2.3 times the current market value in the coming years.
- The oral care segment is projected to be the fastest-growing end-use segment with the highest market share of 45% from 2023 to 2033.
- The emerging East Asia region is expected to show strong momentum by accelerating at a robust 8.1% CAGR between 2023 and 2033.
“For companies specializing in plastic-based laminated tubes, the emphasis must be on sustainability in the coming years. These companies might also have to deal with stringent government regulations aimed at reducing plastic pollution.” – says an FMI analyst.
Key Companies Profiled
Berry Global Group Inc.; CCL Industries Inc.; Huhtamäki Oyj; Albea S.A.; Tubopress Italia S.R.L; Perfektup Ambalaj Sanayi Ve Ticaret AS; Hoffmann Neopac AG; Intrapac International Corporation; Alltub SAS; CTL-TH Packaging SL; Montebello Packaging Inc.; Lajovic Tuba D.O.O.; Tubapack A.S.; Pirlo GmbH & Co KG; Norway Pack AS; EPL Limited; Burhani Group of Industries; Antilla Propack Inc.; Auber Packaging Co., Ltd; Rego Packing (GZ) Industry Co., Ltd.; Premier Plus Co., Ltd.; NEUUV Pack (M) Sdn Bhd; ABDOS Lamitubes Private Limited; Kim Pai Lamitube Co., Ltd; Tubecon India LLP
Purchase Now to Access Segment-specific Information and uncover Key Trends, Drivers, and Challenges: https://www.futuremarketinsights.com/checkout/4301
Global Laminated Tubes 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
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube