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Cosmetic Tubes market Projected To Grow At Cagr Of 4.90% Through 2027 | Albea S.A., Amcor Limited, Essel Propack Ltd.

10-26-2021 07:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Cosmetic Tubes  market

Cosmetic Tubes market

A cosmetic tube is a soft container that can be squeezed and utilized for the packing of thick liquids such as creams, lotions, ointment, and toothpaste. It is a hollow structure, both ends of which are treated differently during the manufacturing process. A tube has a round orifice at one end that is closed with the help of a cap.

Advantages of cosmetic tubes include, shaping the orifice in different ways, varied styles, and lengths. Tube packaging containers may be modified during production, labeling, punching, slicing, and crimping to create an attractive package. Cosmetics tubes are considered as having anti-microbial properties due to the high temperatures during the production process.

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Market Taxonomy

On the basis of product type, the global cosmetic tubes market is segmented into:
Squeeze Tubes
Twist Tubes
Rigid Tubes
Extruded Tubes
Others

On the basis of material type, the global cosmetic tubes market is segmented into:
Aluminum
Plastic
Others

On the basis of application, the global cosmetic tubes market is segmented into:
Oral Care
Hair Care
Skin Care
Make-up
Others

Increasing cosmetic sales worldwide is a major growth driver for the market. This coupled with lack of other cost efficient viable packaging technologies has resulted in the large scale adoption of cosmetic tube packaging. Cosmetic tubes can also be used for product promotion purposes. Labeling and printing can be done on the outer covering of the tube. Moreover, low quantity packs of cosmetic products can be easily incorporated by cosmetic tubes. These factors are expected to be major driving factors for growth of global cosmetic tubes market.

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Among material type, plastic was the dominant segment in the cosmetic tubes market in 2016. However, plastic packaging faces significant pressure from regulatory and environmental bodies. Rising trend of sustainable packaging is expected to hinder growth of the plastic tube segment. Major market players such as Amcor, in January 2018, announced a move to make all packaging technologies as reusable or recyclable by the year 2025.

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