Global Tube Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Global Tube Packaging Market Overview

"The Tube Packaging Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

A tube is a referred container that is squeezable and applied for the packing of liquids products. Tube packaging is very popular for a wide range of products such as pharmaceuticals, cosmetics, toiletries, and many more. Tube packaging helps to prevent quick contamination and breakage of contents. It is easier to use and covers less packaging and shipping costs with longer shelf life and less product waste.

The tube packaging market is expected to increase significantly owing to the factors such as increasing consumer preference for convenience, safe, and sustainable packaging. Cosmetics spending is rising year to year. For both cosmetic brands and consumers, tubes are often a preferred packaging solution.

Tubes are portable and enable one-handed application, which is more hygienic for the user. In addition, tubes allow to squeeze out every last drop of product, providing a better value. Tubes are also very easy to recycle, which makes them a great choice for environmentally conscious consumers.

Various market players in the pharmaceutical and skin care market are coming up with advanced natural and sophisticated formulations, which has, in turn, created a demand for protective packaging. Multi-layered lamination tubes provide complex formulas with the required protection to prevent the formulation from contamination.

The acting barrier layers in multi-layered laminate tubes are made from EVOH plastic resin or aluminum. Plastic tube packaging widely uses EVOH as the barrier material in multi-layered tubes and offers benefits such as regaining its original shape even after getting squeezed during transportation.

In addition, increasing concerns for the environment and the necessity to reduce pollution have resulted in innovations of eco-friendly designs with the minimal use of non-biodegradable materials in packaging. Sustainable tube packaging with lightweight, less consumable energy, and less required natural resources, are coming up which generates lower carbon dioxide emissions.

Currently, market in Europe is dominating the tube packaging market. Countries such as UK and Germany are dominating markets in the European region. The Asia Pacific market is expected to register the highest CAGR owing to the increasing population in the developing countries which are counted as the high dominating customer base for cosmetic products.

Global Tube Packaging Market Segmentation:

Segmentation on the basis of type:

• Squeeze tubes
• Twist tubes
• Others (collapsible and cartridge)

Segmentation on the basis of material:

• Laminated
• Aluminum
• Plastics
• Others (paperboard and green material)

Segmentation on the basis of application:

• Cosmetics & oral care
• Food & beverage
• Pharmaceuticals
• Cleaning products
• Others (shoe polish, paints, adhesives, and sealants)

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa