The global packaging tubes market is poised for remarkable growth, estimated at US$ 3.2 billion in 2022 and projected to reach US$ 4.4 billion by 2028, with a robust compound annual growth rate (CAGR) of 5.0% from 2022 to 2028. Future Market Insights (FMI) predicts a comparison and review analysis of market dynamics, highlighting key industry factors and addressing rising environmental concerns and stringent government regulations aimed at minimizing plastic packaging waste.
Key Drivers of Market Growth
- Increased Competition and Innovation in Marketing Strategies: The intensifying competition between large multinational brands and local players has spurred innovation in marketing strategies. Pharmaceutical companies increasingly turn to tube packaging solutions to differentiate their products and enhance brand visibility.
- Rising Demand for High-Barrier Packaging in Pharmaceuticals: The aging population and the shift from hospital care to home care have fueled the demand for sophisticated and high-barrier packaging solutions for pharmaceutical products. Tube packaging offers excellent protection against moisture, air, and light, ensuring the integrity and efficacy of pharmaceutical formulations.
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Here are some of the key trends in the packaging tubes market:
- Increasing demand for sustainable packaging
- Growing popularity of e-commerce
- Rising demand for food and beverage packaging
- Development of new materials for packaging tubes
The packaging tubes market is a fragmented market with a large number of small and medium-sized players. The key players in the market are focusing on strategic partnerships and acquisitions to expand their product portfolio and geographical reach.
Laminated Tubes Are Most Likely to Outperform Aluminum Tubes in Terms of Adoption & Growth Rate
Immense ease of use, convenience, and portability will collectively enable laminated tubes to witness healthy traction in near future. As consumers are moving away from rigid packaging formats such as plastic and aluminium-based packaging tubes, they are more inclined towards laminated tube packaging, which is expected to push the performance of laminated tubes in the packaging tubes market in next few years. However, the substitutes such as stick packs, pouches, and sachets may limit this growth, with an advantage in terms of price and convenience. Aluminum tubes, though account for the maximum revenue share, are expected to witness a heavy decline in near future.
‘Premium’ Personal & Beauty Care Products Come in Laminated Tubes
Laminated tubes, which were only considered for packaging of hand lotion, toothpaste, and a series of similar products till a decade ago, are increasingly being embraced by a number of beauty and personal care brands. To harness the most of structural, functional, and design flexibility of laminated packaging tubes, brands are using them for packaging almost every beauty and personal care product on retail shelves. ‘Premiumization’ has been a big trend in personal and beauty care industries, which manifests in a wide range of decorating possibilities and a number of material attributes such as texture. Moreover, it also enables manufacturers to include metallics on tubes and closures, and create virtually seamless, 360 degree decorated packaging tubes.
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Technological Intervention to Benefit Laminated Tube Sales
Recently, a beauty care brand introduced a range of products packaged in fully decorated plastic tubes, which are manufactured using the innovative digital print technology in mass scale. The tubes look vibrant and are include seamless structure, tactile embossing, photorealistic images, and cap-to-tube printing. These packaging tubes are likely to attract an exceptionally large female consumer base in near future. Brand owners are foreseen to innovate their existing product offerings with innovative digital print – direct-to-print technology. Also, growing adoption of flexographic printing technology by tube manufacturers is anticipated to contribute to the market growth through 2028.
The shift of a growing number of pharmaceutical players to laminated tube packaging from plastic and Aluminum-based packaging, is conscious and marked, and has been attributed to several noteworthy anti-contamination properties possessed by this packaging tube type. The global market for packaging tubes is witnessing rapid uptake of laminated tubes in the pharmaceutical industry, especially for packaging of OTC products, which is expected to boost the market performance in near future.Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges.
Key Companies Profiled
- Albea S.A.
- Essel Propack Ltd.
- CCL Industries Inc.
- Berry Global Inc.
- Ctl-Th Packaging SI
- Linhardt GmbH & Co. KG
- Montebello Packaging
- Huhtamaki Oyj
- Interapac International Corporation
- Plastube Inc.
- Pack-Tubes
- Perfektup Ambalaj San. Ve Tic. A.S.
- Burhani Group of Industries
- Tubapack A.S.
- Norway Pack A.S.
- Alltub Group
- Hoffmann Neopac AG
- Tubopress Italia SpA
- Lajovic Tuba D.O.O.
- Pirlo GmbH & Co. KG
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Packaging Tubes Market By Category
By product type:
- Laminated Tubes
- Plastic Barrier
- Aluminum Barrier
- Aluminum Tubes
- Plastic Tubes
By capacity:
- Up to 50 ml
- 51 ml to 100 ml
- 101 ml to 150 ml
- Above 150 ml
By closure type:
- Stand-up Caps
- Nozzle Caps
- Fez Caps
- Flip-top Caps
- Others
By end use:
- Cosmetics
- Hair care
- Skin Care
- Others
- Oral Care
- Commercial
- Sealants & Adhesives
- Lubricants
- Others
- Pharmaceuticals
- Home & Personal Care
- Food
- Others
By region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East and Africa (MEA)
- Asia Pacific (APAC)
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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