Tube Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: VisiPak, Amcor, Aisa, Albea Group

The Tube Packaging market size is estimated to reach USD 14.60 billion by 2027 and it is expected to increase at a CAGR of 6.85% between 2022 and 2027.

Tube Packaging Market Overview

Tube packaging was one of the first methods for storing condiments and viscous liquids like toothpaste, paints, adhesives, ointments, culinary sauces, and cosmetics. They have a long history in packaging and are predicted to expand in popularity due to their appealing characteristics. Tube packaging is more convenient, since it extends the shelf life of the contents, gives flexibility, allows for precise product dispensing, and provides additional protection from microbes, oxygen, and sunlight. Tube packaging has gained a lot of popularity in the flexible packaging market over the years as people have become more conscious of being hygienic in every aspect.

The key driver for the market is likely to be rising demand for various types of packaging from application industries such as cosmetics and personal care, healthcare, and food. Consumer awareness of personal health and wellness is projected to be a driving force behind the personal care market's expansion. Personal care items are becoming more popular as people become more aware of their appearance, which will increase demand for tube packaging options. Because of its strong consumer spending power, the United States is one of the most important markets in the worldwide beauty and personal care business. The market's growth is projected to be hampered by fluctuating raw material prices, which include plastics, aluminum, and other laminates. Polyethylene, polyethylene terephthalate, and polypropylene are the most common plastic materials. The pricing of these polymers are significantly correlated with the price of crude oil, which is highly variable. Furthermore, over the projection period, increased environmental concerns and stringent government regulations governing the usage of plastic and its disposal are likely to stymie market expansion.

Tube Packaging Market Growth Factors

• The Pharmaceutical Industry is Growing.


• Cosmetic industry demand is on the rise.


• Packaging innovation.

Industry News and Updates

23 FEBRUARY 2021: Neopac Introduces Lightweight Plastic Tube with Reduced Wall Thickness for Enhanced Sustainability --

Hoffmann Neopac, a global provider of high-quality, responsible packaging for a broad array of industries and applications, has introduced a lighter plastic tube solution comprising up to 30% less virgin materials. The latest addition to the company's EcoDesign series of eco-friendly tubes, the new Lightweight Tube aligns with packaging industry desires to minimize carbon footprint and materials waste.

What are the major Applications, Types and Regions for Tube Packaging Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Squeeze Tubes


• Twist Tubes


• Other

By Application, it is segmented into

• Cosmetics


• Food & Beverages


• Pharmaceuticals


• Consumer Goods


• Other

Tube Packaging Market Segments Analysis

• The twist type segment is predicted to grow at a rapid pace throughout the projection period. These are commonly used to package consumer goods such as gums, adhesives, and paints, as well as soft-solid products such as glue, balm, lipsticks, and other similar items.


• The personal care & oral care application segment accounted for the largest revenue share of over 67% in 2020. Over the projected period, the category is expected to develop due to rising awareness of health and wellbeing, as well as increased demand for chemical-free, organic products.

Tube Packaging Market Regional Analysis

North America dominated the industry in 2020, with a revenue share of 32.59%, and is likely to continue its lead throughout the forecast period. The larger market share is due to the presence of well-established personal care and healthcare sectors in the region. Over the projection period, Asia Pacific is expected to be the fastest-growing regional market. India, China, and South Korea are establishing themselves as manufacturing powerhouses in the area. The region's growth is also aided by rising population and disposable income levels.

To meet the increasing demand from numerous end-user industries, market participants in Europe are constantly engaging in new product development. The Middle East and Africa are also recognized for being a rapidly developing region where the majority of the population earns well and is prone to consumerism. Due to the availability of substantially cheaper alternatives, customers in the region are becoming less brand loyal. This trend indicates that demand for various personal care, healthcare, and packaged food products is increasing, implying that market expansion will continue.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Tube Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Tube Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Tube Packaging Market report scope?

Frequently Asked Questions

What is the growth rate of Tube Packaging Market?

The Tube Packaging Market is growing at a CAGR of 6.85% over the next 5 years.

Who are the key players in Tube Packaging Market?

VisiPak, Amcor, Aisa, Albea Group, Constantia Flexibles, KGK, Custom Paper Tubes, Montebello, Essel Propack, M&H Plastics, Visican, Huhtamaki, Sonoco, Yazoo, Unette, World Wide Packaging, Jonesville, Chicago Paper Tube&Can, Boya Packaging, Guangzhou Sunway, Suhu Tube, Shanghai San Ying Packaging, Jinan Huanyu

What are the significant types of Tube Packaging Market?

Squeeze Tubes, Twist Tubes, Other

What are the major end-use applications of Tube Packaging Market?

Cosmetics, Food & Beverages, Pharmaceuticals, Consumer Goods, Other

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