Global Tube Packaging Market 2028 – Emerging Opportunities & Growth

The global tube packaging market is expected to grow at a CAGR of close to 7% during the forecast period. The global tube packagings market is driven by an upsurge in demand for safe packaging. Growing adoption of tube packaging in several industries predominantly in the personal care industry owing to its compact nature is positively impacting the growth of the market during the forecast period. Also, increasing urbanization along with rising disposable income of consumers is further expected to bolster the growth of the market over the next few years.

With the sudden outbreak of the pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations across different industries such as packaging and cosmetics are also compromised. The global tube packaging market is hit by the pandemic, as the demand is decreased due to lockdowns across major countries in the world.

The global tube packagings market is segmented based on type, material, application, diameter, company, and region. Based on type, the market can be categorized into squeeze tubes, twist tubes and others. The squeeze tubes segment dominated the market until 2022 and is expected to maintain its leading position in the market during the forecast period as well. This can be ascribed to their excellent barrier like being non-toxic, damage-proof, and hygienic. In addition to this, they are convenient and easy to use, which further influences segmental growth.

In terms of material type, the market is fragmented into laminated tubes, aluminum tubes, plastic tubes, and others. Out of which, the laminated tubes segment is projected to grow at a high CAGR over the next five years on account of its multi-layered barrier structure, which provides excellent barrier properties and also reduces the transfer of oxygen and light.

The major players operating in the tube packaging market are Huhtamaki OYJ, Amcor Ltd., Albea Group, Essel Propack Ltd., Constantia Flexibles, Sonoco Packaging Company, Visipak Inc., Montebello Packaging, Unette Corporation, Worldwide Packaging Inc., Tubapack A.S., Kim Pai Lamitube, Abdos Lamitubes Private Limited, PrimePak Industries Nigeria Ltd, CCL Industries and others. Major companies are adopting organic and inorganic strategies in order to stay competitive in the market such as mergers & acquisitions, partnerships, agreements, collaborations, etc.

The Objective of the Study:

• To analyze and estimate the market size of the global tube packaging market from 2018 to 2021.
• To estimate and forecast the market size of the global tube packagings market from 2022 to 2028 and the growth rate until 2028.
• To classify and forecast the global tube packaging market based on type, material, application, diameter, company, and regional distribution.
• To identify the dominant region or segment in the global tube packagings market.
• To identify drivers and challenges for the global tube packaging market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global tube packaging market.
• To conduct pricing analysis for the global tube packaging market.
• To identify and analyze the profile of leading players operating in the global tube packagings market.
• To identify key sustainable strategies adopted by market players in the global tube packaging market.

Download Free Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2580  

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of the global tube packaging market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

• Tube packaging manufacturers
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums, and alliances related to tube packaging

The study is helpful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2022
Historical Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023E-2028F
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	·         Type ·         Material ·         Application ·         Diameter
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia;
Key companies profiled	Huhtamaki OYJ, Amcor Ltd., Albea Group, Essel Propack Ltd., Constantia Flexibles, Sonoco Packaging Company, Visipak Inc., Montebello Packaging, Unette Corporation, Worldwide Packaging Inc., Tubapack A.S., Kim Pai Lamitube, Abdos Lamitubes Private Limited, PrimePak Industries Nigeria Ltd, CCL Industries.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Related

Global Container Glass Market Analysis by Size, Share  Growth, Demand, Trends & Overview

Global Eco Fiber Market Analysis by Size, Share  Growth, Demand, Trends & Overview

Global Nano Clay Market Analysis by Size, Share  Growth, Demand, Trends & Overview

Global Bio-Based Chemicals Market Analysis by Size, Share  Growth, Demand, Trends & Overview

 

 

Report Scope:

In this report, the global tube packaging market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Global Tube Packagings Market, By Type:
  • Squeeze Tubes
  • Twist Tubes
  • Others
• Global Tube Packaging Market, By Material:
  • Laminated Tubes
  • Aluminum Tubes
  • Plastic Tubes
  • Others
• Global Tube Packaging Market, By Application:
  • Pharmaceuticals
  • Cosmetics
  • Oral Care
  • Baby Care
  • Shaving & Depilatories
  • Food & Beverages
  • Cleaning Products
  • Stationery Items
  • Others
• Global Tube Packagings Market, By Diameter:
  • Up to 15 mm
  • 16-22 mm
  • 23-30 mm
  • 31-40 mm
  • above 40 mm
• Global Tube Packagings Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
  • South America
    • Brazil
    • Argentina
    • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global tube packaging market.