Tube Packaging Market By Tube Type (Squeeze & Collapsible, Twist), By Product (Laminated, Plastic), By Application (Food, Personal Care & Oral Care), And Segment Forecasts, 2020 – 2027

Tube Packaging Market Definition

A tube is a hollow, cylindrical pipe made of rubber, aluminum, or paperboard that is mainly used to hold viscous liquids like ointment, toothpaste, and adhesive. Both ends of the tube are handled differently during the assembly and loading processes. Extruded tube packaging containers may be personalized with writing, marking, scratching, chopping, and crimping. Tubes are one of the most widely used packaging formats in the cosmetics and personal care industry, owing to their ease, portability, and ability to accommodate and dispense a wide range of items.

The global Tube Packaging market was valued at USD 1,266.7 million in 2020 and is projected to reach USD 1,584.0 million by 2027, exhibiting a CAGR of 2.9% during the forecast period.

Tube Packaging Market Overview

The primary driver for the Tube Packaging Market is expected to be rising demand for these forms of packaging from application industries such as cosmetics and personal care, healthcare, and food. Consumer understanding of personal wellbeing and wellbeing is considered to be a driving force behind the personal care market's expansion. Personal care products are becoming more popular as people become more aware of their looks, which would increase demand for Tube Packaging Solutions. Since organic goods are typically marketed in limited quantity and at a higher price, Tube packaging would be in high demand because it allows for effective and accurate dispensing which may help in rise in the market.

Tube Packaging Market Segmentation

Tube packaging is divided into four categories: package Type, material, application, and geography. The market is divided into squeeze, curl, stick, cartridges, and other types of packages. Plastic, paper, titanium, and other materials are used to segment the industry. The industry is divided into cosmetics and toiletries, healthcare and pharmaceuticals, and food and beverage, Homecare, etc.

By Type -

The squeeze and collapsible category led the global Tube packaging market in terms of sales in 2020, with a share of over 71 %. Since it is lightweight, non-breakable, and leak-proof, the plastic squeeze form is the most commonly used product. Laminated and aluminum collapsible types are often used in healthcare and oral care applications.

Over the forecast period, the twist style segment is expected to grow at a significant rate. These are often used to package consumer goods such as gums, adhesives, and paints, as well as soft-solid products such as wax, balm, lipsticks, and other similar items. However, over the forecast period, restricted opportunities related to product reusability are expected to stymie segment expansion in the tube packaging industry.

By Product -

Laminated tubes led the Tube packaging industry in terms of sales in 2020, with a market share of more than 44%. Due to the high demand for laminates, which combine the properties of both plastic and metal and thus shield goods from spoilage, the segment will grow at the fastest CAGR from 2021 to 2027, Plastic tubes accounted for the second-largest share of the global Tube packaging market, with a steady CAGR predicted over the projected period. Extrusion is used to make plastic tubes, and monomers such as LDPE, LLDPE, MDPE, and HDPE are often used. Aluminum tubes are corrosion-resistant, airtight, and impermeable, making them ideal for contamination safety.

However, the material has a number of drawbacks, including a high cost and an inability to maintain shape after use, which is expected to limit the segment's expansion.

By Application -

The personal care & oral care application section in Tube packaging market accounted for over 67 % of total sales. Over the projected era, the category is expected to expand due to rising awareness about health and wellbeing, as well as increased demand for chemical-free, organic goods.

Tube Packaging Market Geography:

With a market share of 32.59 % in 2020, North America led the Tube packaging industry and is predicted to continue to do so in the projected era. The higher market share is due to the presence of well-established personal care and healthcare industries in the area. Over the estimated timeframe, Asia Pacific is expected to be the fastest-growing regional segment.  The growing population and disposable income levels are also contributing to the region’s growth.

Market players in Europe are constantly developing new products to meet the growing demand from a variety of end-user industries. The Middle East and Africa is also regarded as a rapidly developing area where the majority of the population earns well and is prone to consumerism. This trend indicates that demand for numerous personal care, healthcare, and processed food goods is increasing, implying that consumer growth will continue  in the Tube Packaging market.

Tube Packaging Market DORC

Driver- Growth of the flexible packaging industry

The rise of numerous industries such as cosmetics, toiletries, and pharmaceuticals has a significant impact on the flexible tube packaging industry. Due to the growing middle-class population in the APAC area, this industry is expected to expand dramatically in the coming years. Emerging markets for flexible packaging include India, China, Saudi Arabia, Russia, and Brazil, which are projected to expand rapidly over the forecast period. The tube packaging industry is being driven by the growth of the flexible packaging industry.

Restraint: Federal controls are strict.

For the sake of the climate, flora, and fauna, governments in different countries have enacted strict laws to reduce the effects of waste and its toxic by-products. To limit solid waste accumulation in landfills, they have also enacted stringent rules for the disposal of household and industrial plastic waste. The raw material used is biodegradable waste, according to the regulatory authorities. Packaging must be both environmentally friendly and cost effective. Biodegradable raw materials are more expensive than non-biodegradable raw materials. When firms' profit margins shrink, this becomes a significant constraint to the tube packaging industry directly.

 Opportunity-Growth of bio plastic-based packaging

Plastics made from organic biomass sources such as vegetable fats and oils, corn starch, grass, woodchips, sawdust, and recycled food waste are known as bioplastics. Agricultural by-products and recycled plastics can also be used to make bioplastic. In the near future, increased market appetite for biodegradable products, along with increasing environmental concerns, is projected to fuel the overall demand for biodegradable packaging. As a result, bioplastics-based tube packaging items offer the tube packaging industry a significant growth potential over the forecast period.

Tube packaging is a diverse and dynamic industry with many major key players and a few regional and local players. Some of the major players in the industry are Amcor (Switzerland), Albea Group (France), Essel Propack Limited (India), Hoffman Neopack AG (Switzerland), and Huhtamaki Oyj (Finland).

Recent News in Tube Packaging Industry:

1. In February 2021, Hoffman Neopack AG introduced a lighter plastic tube solution that uses up to 30% fewer virgin materials. This tube is the newest addition to the company's EcoDesign series of environmentally friendly tubes. It aligns with the packaging industry's vision to reduce carbon footprint and materials waste.
2. In January 2020, Albea Group has started construction of a new facility in Huai’an, Jiangsu province, north of Shanghai, China. The expansion will include the production of new injection, decoration, and assembly equipment to satisfy the increasing demand from both domestic and foreign beauty brands.

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