Tube Packaging Market Is Likely To Increase at a CAGR of 4.5% through 2033

According to a recently published research report by Fact.MR, a provider of market research and competitive intelligence, the global tube packaging market size is set to reach US$ 15.6 billion by 2033-end. Demand for tube packaging solutions is likely to advance at a CAGR of 4.5% through 2033.

Tube packaging, often referred to as collapsible or squeeze tube packaging, has become an integral part of various industries, including cosmetics, pharmaceuticals, food and beverages, and more. This versatile packaging format offers convenience, product protection, and sustainability, driving its growth in recent years.

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Key Takeaways from Market Study

  • Sales of tube packaging solutions are anticipated to reach US$ 15.6 billion by 2033-end.
  • The market in Canada is projected to advance at a moderate CAGR of 4.7%.
  • The value of the global tube packaging industry is US$ 10 billion in 2023.
  • The market is expected to progress at a CAGR of 4.5% through 2033.
  • Demand for tube packaging services in Germany is estimated to increase at a CAGR of 2.2% through 2033.

“Rising use of anti-aging, sunblock, and anti-tan creams by middle-aged people is estimated to create high demand for personal care products and thus drive the sales of tube packaging solutions,” says a Fact.MR analyst.

Several trends are shaping the tube packaging market:

  1. Sustainability Drive: Consumers and manufacturers alike are increasingly focused on sustainability. As a result, there is a growing demand for eco-friendly tube packaging solutions, such as recyclable materials and reduced material usage.
  2. Minimalistic Design: Simple and clean packaging design is gaining popularity, as it conveys transparency and a focus on product quality.
  3. Customization and Personalization: Brands are embracing customization to connect with consumers on a personal level, often incorporating unique graphics and color schemes.
  4. Innovation in Dispensing Features: Manufacturers are introducing advanced dispensing features, like airless pumps and precision applicators, to enhance user experience and reduce product waste.
  5. Digital Printing: Advances in digital printing technology enable high-quality, detailed, and vibrant designs on tube packaging, supporting branding efforts.
  6. Smart Packaging: Integration of smart packaging technologies, such as QR codes and NFC tags, for enhanced consumer engagement and product information access.
  7. Recycling Infrastructure: Investments in recycling infrastructure are crucial to support the sustainability goals of tube packaging.

 Segmentation of Tube Packaging Industry Research

  • By Type:
    • Squeeze & Collapsible Tubes
    • Twist Tubes
  • By Application:
    • Cosmetics & Oral Care
    • Healthcare
    • Food & Beverages
    • Cleaning Products
    • Others
  • By Material:
    • Laminated
    • Plastic
    • Aluminum
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Competitive Landscape

  • Tubes Holdings is a provider of plastic tubes, aluminum cartridges, aluminum tubes, and aluminum aerosol cans for different industries including cosmetics, food, pharma, and technology. In April 2022, the company acquired Matrametal which is a specialist in aluminum tubes and aerosol cans. This acquisition will result in seven production sites across the world that will increase their production capacity to meet the rising demand for solutions for tube packaging.

Key Companies Profiled

  • 3D Technopack SARL
  • Worldwide Packaging Inc.
  • Albea Group
  • Unicep Packaging, LLC
  • Essel Propack Limited
  • Sonoco Packaging Company
  • M&H Plastics
  • Hoffmann Neopac AG

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About Fact.MR
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