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The tube packaging market size is forecast to increase by USD 4.87 billion at a CAGR of 7.44% between 2023 and 2028.
The tube packaging industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The market In the cosmetics and oral care sectors has experienced notable growth due to factors such as convenience, portability, and ease of use. Tube packaging ensures precise dosing, minimizing wastage and enhancing user experience. Its cost-effectiveness and availability in various sizes and shapes enable catering to diverse product lines and brand customization. Leading companies provide a spectrum of tube packaging solutions to address the demands of the cosmetics and oral care industries. This segment encompasses toothpaste, paints, adhesives, ointments, culinary sauces, cosmetics, and personal care products. Tube packaging is available in materials such as plastic, aluminum, and paperboard, including squeeze tubes, twist tubes, and laminated tubes.
The flexible packaging industry also utilizes tubes for food products, industrial goods, and chemicals. Tube packaging offers barrier protection, reusability, and sustainability through recyclable and lightweight options, including innovative materials like bioplastics, polylactic acid, and biodegradable alternatives derived from chips, tapioca roots, and starches. The healthcare application segment includes pharmaceutical manufacturing companies, while the food application segment caters to products like ketchup, creams, salsa, and beverages. The geriatric population and anti-aging properties further expand the market potential.
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The Cosmetic and oral care segment was valued at USD 5.06 billion in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in Asia Pacific (APAC) is experiencing significant growth due to several factors. The availability of resources and raw materials, such as plastic and paper, along with low labor costs, are driving the expansion of the manufacturing industries in countries like China, India, Vietnam, Australia, and Japan. This, in turn, is fueling the demand for tube packaging in APAC. Moreover, the increasing consumer base In the region is also contributing to the market's growth. Developing economies, particularly China and India, are anticipated to be major revenue generators In the market during the forecast period. The region's industrial sector is witnessing a surge in foreign direct investment (FDI), which is further boosting the growth of manufacturing activities and, consequently, the demand for tube packaging.
The market caters to various industries, including food, industrial goods, personal care, and healthcare, and offers packaging solutions In the form of plastic, aluminum, paperboard, and laminated tubes. The market's product portfolio includes compact and lightweight packaging options, such as pouches, sachets, packets, and toothpaste tubes, as well as larger containers like drums, barrels, and pails. The tube packaging industry also focuses on innovation, using materials like bioplastics, polylactic acid, corn starch, and sugarcane to create sustainable and eco-friendly solutions. The market's growth is further propelled by the need for barrier protection, reusability, and the increasing demand for luxury and healthcare products.
The market caters to various applications, including toothpaste, paints, adhesives, ointments, culinary sauces, cosmetics, and pharmaceuticals. The tube packaging industry's key players employ various manufacturing techniques, such as extrusion, monomers, and the use of advanced materials, to cater to the diverse needs of their clients. The market's growth is expected to remain robust due to the increasing demand for tube packaging solutions in various industries and applications.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing demand from various end-user industries is the key driver of the market.
Increased demand for sustainable packaging is the upcoming market trend.
Stringent regulations associated with tube packaging is a key challenge affecting the industry growth.
The tube packaging market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the tube packaging market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, tube packaging market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.
Albea Services SAS - Tube packaging is a dynamic market segment catering to various industries, including cosmetics and personal care. One notable solution is the innovative twist-up tube, which Albea, a leading player, provides.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a wide range of applications across various industries, including personal care, food, industrial goods, and healthcare. This market is driven by several key factors, including compactness, convenience, and reliability. Compactness is a significant consideration In the market, particularly for products with small quantities. Tubes offer a space-efficient solution for packaging these items, allowing for easy storage and transportation. Moreover, tubes are ideal for products that require a controlled dispensing mechanism, such as toothpaste, paints, adhesives, ointments, and culinary sauces. Another trend In the market is the increasing use of digital printing technology. Digital printing enables high-quality, customized designs and shorter lead times, making it an attractive option for manufacturers of consumer goods.
Additionally, the use of recyclable packaging materials, such as plastic, aluminum, and paperboard, is gaining popularity due to growing concerns about sustainability and waste reduction. Lightweight packaging is another trend In the market. Pouches, sachets, and packets are increasingly being used for packaging lightweight products, such as toothpaste, cosmetics, and food products. These types of packaging offer several advantages, including reduced transportation costs, lower material usage, and easier disposal. The flexible packaging industry, which includes tubes, pouches, sachets, and other forms of flexible packaging, is expected to grow significantly In the coming years. The food application segment is a major contributor to this growth, with applications ranging from ketchup and sauces to beverages and snacks.
Industrial goods, such as chemicals, also make extensive use of tubes and other flexible packaging solutions due to their durability and ease of use. The market includes various types of tubes, such as squeeze tubes, twist tubes, and laminated tubes. Plastic tubes are the most commonly used material due to their low cost, ease of processing, and excellent barrier properties. However, there is a growing trend towards the use of innovative materials, such as bioplastics, polylactic acid, corn starch, sugarcane, chips, tapioca roots, and starches. These materials offer several advantages, including biodegradability, recyclability, and non-toxicity. The market is also driven by the need for barrier protection, particularly for luxury products and healthcare applications.
For instance, the cosmetics and personal care segment requires tubes with excellent barrier properties to protect sensitive formulations from air, light, and moisture. Similarly, the healthcare application segment, which includes pharmaceutical manufacturing companies, requires tubes that are corrosion-resistant, airtight, and impermeable. The geriatric population is another significant driver of growth In the market, particularly In the healthcare application segment. Anti-aging properties and convenience are key considerations for this demographic, making tubes an attractive option for packaging healthcare products. In conclusion, the market is a dynamic and growing industry, driven by factors such as compactness, convenience, reliability, digital printing, recyclable packaging, and innovative materials.
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.44% |
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Market growth 2024-2028 |
USD 4873.2 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.4 |
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Key countries |
US, China, Germany, UK, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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