Press release
Packaging Tube Market is Estimated to Reach USD 16.91 Billion By 2030: Cognitive Market Research
Packaging Tube Market is Estimated to Reach USD 16.91 Billion By 2030: Cognitive Market Research
A packaging tube is a type of packaging, which is used in application industries such as cosmetics, food & beverages, oral care, pharmaceuticals, and cleaning products. In addition, packaging tubes known as collapsible tubes or squeeze tubes are used for viscous substances such as toothpaste, paints, adhesives, sealants, and ointments. These are made of materials like plastic tubes, aluminum tubes, and paper among others.
Summary:
• Global Packaging Tube Market Size Was Valued at USD 9.91 Billion In 2023 And Is Expected to Grow at A CAGR Of 7.11 % During the Forecast Period, Reaching USD 16.91 Billion By 2030.
• Based on the product, the plastic segment has the largest revenue share in the packaging tube market.
• Based on type, the squeeze, and collapsible segment has the largest revenue share in the packaging tube market.
• Based on application, the personal and oral care segment has the largest revenue share in the packaging tube market.
• Asia Pacific has the largest revenue share in the packaging tube market.
To know more The Packaging Tube Market statistics click here: https://www.cognitivemarketresearch.com/packaging-tube-market-report
Market Dynamics:
Increasing demand for packaging tubes in various industries such as cosmetics, food & beverages, oral care, and pharmaceuticals is the key factor expected to drive the growth of the target market. In addition, the increasing prevalence of small-sized packs in personal care products is expected to drive the growth of the packaging tube market. However, fluctuating prices of raw materials like plastics, aluminum, and other laminates are expected the hamper the growth of the packaging tube market. Furthermore, the increasing demand for bioplastics-based packaging creates new opportunities for the global packaging tube market in the forecast period.
Market Segmentation:
Product:
• Plastic
• Aluminum
• Paper
Based on the Product, the plastic segment has the largest revenue share in the packaging tube market. This is due to the increasing use of plastic tubes in monomers including LDPE, LLDPE, MDPE, and HDPE and some tubes are co-extruded with multiple layers of these monomers.
Tube Type:
• Twist
• Squeeze and Collapsible
• Others
Based on Type, the squeeze, and collapsible segment has the largest revenue share in the packaging tube market. This is due to increasing demand for squeeze and collapsible types in end-user industries, such as personal care & oral care, and healthcare.
Application:
• Food and beverage
• Personal and Oral Care
• Pharmaceutical
• Cleaning products
• Others
Based on Application, the personal and oral care segment has the largest revenue share in the packaging tube market. This is due to increasing awareness about health and wellness and the demand for chemical-free, organic products are anticipated to drive the growth of the personal and oral care segment.
Competitive Analysis for Packaging Tube Market: Amcor Ltd., Albea Group, Essel Propack Ltd., Huhtamaki OYJ., Constantia Flexibles., Sonoco Packaging Company, Visipak., Montebello Packaging, Unette Corporation, Worldwide Packaging, Hoffmann Neopac AG, Ctl Packaging, Intrapac International Corporation., Viva Group, M&H Plastics, Unicep Packaging, Auber Packaging Solutions, Alltube Group, 3D Technopack Ltd, CCL Packaging.
Get free sample pages of latest published Packaging Tube Market Report: https://www.cognitivemarketresearch.com/packaging-tube-market-report
Asia Pacific accounted for the largest share of the global packaging tube market
Asia Pacific has the largest revenue share in the packaging tube market. This is due to the increasing population, disposable income, and manufacturing hubs in Asian countries like India, China, and South Korea. This is the major factor expected to drive the growth of the packaging tube market in the region.
News:
Tubex has acquired Hungarian packaging firm Matrametal
In April 2022, TUBEX Holding GmbH has acquired the Hungarian packaging manufacturer Matrametal Kft. Tubex holding provides aluminum aerosol cans, aluminum tubes, aluminum cartridges, and plastic tubes for the cosmetics industry and pharma, food, and technology.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Packaging Tube Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Packaging Tube Market Segmentation
1.5.1 Packaging Tube Market Regional Fragmentation
1.5.1 Packaging Tube Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Packaging Tube Market
• 3.1 Global Packaging Tube Market Size 2018 - 2030, (USD Million)
• 3.2 Global Packaging Tube Market Statistics 2022: Snapshot
Chapter 4 Global Packaging Tube Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Packaging Tube Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Packaging Tube Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Packaging Tube Market Regional Analysis
Chapter 11 North America Packaging Tube Market Outlook (2018 - 2030)
Chapter 12 Europe Packaging Tube Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Packaging Tube Market Outlook (2018 - 2030)
Chapter 14 Latin America Packaging Tube Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Packaging Tube Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Packaging Tube Market TOC click https://www.cognitivemarketresearch.com/packaging-tube-market-report#table_of_contents
Related Report:
• Beverage Packaging Market- https://www.cognitivemarketresearch.com/beverage-packaging-market-report
• Aseptic Packaging Market- https://www.cognitivemarketresearch.com/aseptic-packaging-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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