Name: Tube Packaging Market Size, Share, Trends and Growth Report – Global Opportunities &amp; Forecast, 2024-2031
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Tube Packaging Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2024-2031

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Analysis from GMI Research finds that the Tube packaging Market earned revenues of USD 12.7 billion in 2023 and forecast to touch USD 20.2 billion in 2031 will grow at a CAGR of 6.0% from 2024-2031.

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Major Tube Packaging Market Drivers

The tube packaging market growth is expected to grow due to an increase in cosmetic and oral care goods demand, rapid urbanization, and industrialization. The other factors including growing demand for these packaging categories from different industries, including food, healthcare, and cosmetics & personal care leads the market growth. The rise in consumer awareness of personal health and wellness is estimated to present a positive impact on the growth of the personal care market. Increasing awareness concerning personal appearance is fostering the demand for personal care products, thereby driving the need for tube packaging solutions. The United States leads the beauty and personal care market due to rise in employment ratio, availability of different products and increase in number of working women. Furthermore, the increase in cosmetic product demand in emerging countries such as Brazil, and India, coupled with rising consumer health awareness, is boosting investments in businesses that generate new and innovative packaging solutions.

While female consumers remain a substantial source of demand for cosmetic products, the men’s grooming industry is experiencing a robust growth in the present market. The Association Chamber of Commerce and Industry of India, men aged between 18 and 25 years are reported to spend more on grooming and personal care products than women. These are estimated to introduce opportunities for tube packaging vendors in the masculine cosmetic market. Moreover, growing interest in organic personal care products is influenced by changing consumer preferences toward natural ingredients. As organic products are attaining prevalence, there is an estimated rise in the requirement for tube packaging because of its competent dispensing capabilities.

The increased competition between multinational products and domestic players has fueled improvement in marketing strategies in the pharmaceutical industry. The existence of new entrants in the market strengthens competition and increased the adoption of tube packaging for pharmaceutical products. Tube penetration in the pharmaceutical market is profitable due to extending the elderly population, the move from hospital to home care, and the shift from inpatient to outpatient services. This has led to an increased demand for higher, high-barrier packaging solutions in pharmaceuticals. Laminated tubes offer strong barrier security for pharmaceutical contents packaged within the tube. These packaging tubes find application in different pharmaceutical products, particularly those in ointment, cream, and other high-viscosity formats. The rise in the adoption of tubes for the industry of pharmaceutical packaging is projected to propel the requirement for packaging tubes in the global market.

The growth of the tube packaging market size may face obstacles due to strict government regulations concerning tube packaging materials. Nevertheless, innovations in packaging technology are predicted to foster the demand for tube packaging in the forecast period. The International Standard of Organization has established standards for packaging. For instance, ISO 18604:2013 outlines the requirements for packaging that can be recovered through material recycling, adapting to the continuous developments in both packaging and revival technologies. The standard establishes procedures for assessing compliance with its specifications. Producers must adhere to such standards to uphold product quality and stay competitive in the global packaging tube market.

The significant upgrade in material technology and sustainable packaging has facilitated the introduction of environmentally friendly plastic packaging solutions. Different companies are concentrating on a balance between better economies and sustainability and are transitioning to recyclable packaging through the usage of reusable and compostable plastic materials. This shift is estimated to propel the market in the future. In 2021, HCT Group launched Crimpless Tube Technology, a sustainable packaging solution that overcomes the limitations of classic crimped tubes. This innovation allows sleek, uniform goods, accommodates different applicators, supports different formula pairings, and offers improved decoration possibilities, developing the product’s visibility and appeal. Such innovations result lucrative opportunities for the growth of the packaging tube market.

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By type, Laminated tube packaging segment registered the largest market size globally

The global tube packaging market is witnessing significant demand for laminated tubes due to the rising preference for lightweight product packaging. Laminated tubes, with their quality printing capabilities, offer an aesthetic appeal to the end-user. The trend towards innovative and attractive product packaging, specifically in the cosmetics segment, has seen growth. Laminated tubes are known for their high barrier qualities and are well-suited for packaging cosmetic products.

By application, oral care application segment is expected to lead the global tube packaging market in the forecast period

The rise in dental problems such as cavities and gum diseases, combined with an increased aim on oral hygiene, is driving the need for oral care products. There is a rising demand for tube packaging within the oral care sector. Furthermore, the expansion of this sector is driven by an increased awareness of health and wellness, with a growing desire for chemical-free and organic oral products.

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Asia Pacific region dominated the largest market revenue share in the global tube packaging market

The population in the Asia Pacific region is developing its lifestyle and living standards, combined with the rising trends in cosmetic and pharmaceutical products and increased awareness of health and hygiene, which is fostering the market around the APAC region. In addition to the demand for cosmetics within the region, Asia-Pacific countries are actively exporting cosmetic goods to the US. As per the International Trade Administration reports that more the 20% of the United States’ global cosmetic imports are sourced from Asian countries. Furthermore, there is a high demand for healthcare and hygiene in the country. In China, with a population of 1.37 billion, oral diseases impose a significant burden on the government healthcare system and create a substantial economic burden for individuals. India also faces common challenges related to periodontal diseases. The rising demand for toothpaste and connected oral care items packaged in tubes has influenced due to these factors. In 2018, China, as reported by the Institute of Scrap Recycling Industries, held a huge share of 52% in global plastic recycling in predicted to contribute to the extension of APAC’s plastic tube packaging market, encouraging overall growth in tube packaging.

Top Market Players

Various notable players operating in the market, include, EPL Limited, Albea, Amcor, Huhtamaki, Hoffman Neopac AG, VisiPak, Sonoco Products Company, Montebello Packaging, Romaco Group, MJS Packaging, among others.

Key Developments:

- In 2022, Tubes Holdings announced an acquisition of Metrametal to address the rising need for tube packaging and strengthen the product portfolio.
- In 2022, Amcor launched innovative environmental high shield laminates to reinforce its portfolio of pharmaceutical packaging and meet the growing demand.
- In 2021, EPL Limited joined hands with Vicco Labs to be competitive globally to transform the range of Vicco’s Turmeric goods to recycle platina tubes.
- In 2018, Amcor and SIG partnered to ensure the effective of the aluminum foil supply chain to address the status of the ASI.
- In 2021, Hoffman Neopac AG introduced lightweight plastic tubes with 30% less virgin material. This tube is designed to minimize the carbon footprint and reduce material waste.
- In 2021, EPL Limited announced that company has been selected as partner by Unilever, to achieve the 100% sustainability in oral care packaging.
- In 2021, Amcor plc advances their sustainability commitment by launching AmPrima PE Plus ultra-clear and heat resistance film.

Segments covered in the Report:

The global tube packaging market has been segmented based on type, material type and application. Based on type, the market is segmented into squeeze and collapsible tube, twist tube and others. Based on material type, the market is segmented into laminated, aluminium, plastic and others. Based on application, the market is segmented into personal care & oral care, food & beverage, pharmaceutical and others.

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Report Coverage	Details
Market Revenues (2023)	USD 12.7 billion
Market Forecast Period	2023
Market Forecast Period	2024-2031
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Material Type, By Application
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	EPL Limited, Albea, Amcor plc, Huhtamaki, Hoffman Neopack AG, VisiPak, Sonoco Products Company, Montebello Packaging, Romaco Group, MJS Packaging a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation