Packaging Tubes Market to Reach US$4.4 Billion by 2028, Driven by Cosmetics, Oral Care, and Pharmaceutical End Uses, According to FMI Study

The Packaging Tubes Market is witnessing steady expansion, projected to surge from US$ 3.2 billion in 2022 to US$ 4.4 billion by 2028, boasting a 5.0% CAGR during this period. A Future Market Insights study highlights the pivotal role of cosmetics, oral care, and pharmaceutical sectors, collectively offering an incremental opportunity of about US$ 1 billion from 2022 to 2028. These segments are anticipated to capture approximately 80% of the global market share by 2028. The APAC region, led by China, is a significant growth driver, holding a substantial 31% market share in 2022, with an estimated valuation of US$ 1.4 billion by 2028.

According to a study by Future Market Insights, the market for packaging tubes used in the cosmetics, oral care, and pharmaceutical industries is expected to increase by about US$ 1 billion between 2022 and 2028. These industries are also expected to account for about 4/5 of the global packaging tubes market by that time.

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Key Points Highlighting the Market Trends:

Versatility and Customization: Packaging tubes can be customized in terms of size, shape, color, and printing options, making them suitable for a wide range of products, including cosmetics, pharmaceuticals, food, and personal care items.
Brand Differentiation: Packaging tubes provide ample space for branding and product information, allowing companies to effectively differentiate their products in a crowded marketplace and enhance brand visibility.
Convenience and Portability: The lightweight and portable nature of packaging tubes make them ideal for on-the-go consumers. They are easy to handle, dispense, and carry, providing convenience and practicality.
Product Protection: Packaging tubes offer excellent protection against moisture, light, and oxygen, ensuring the integrity and freshness of the packaged products, particularly in the food and pharmaceutical industries.
Sustainability: With the growing focus on eco-friendly packaging, packaging tubes made from recyclable and biodegradable materials are gaining popularity, catering to the environmentally conscious consumer base.

Overall, the packaging tubes market is witnessing substantial growth driven by versatility, customization options, brand differentiation, convenience, product protection, and the increasing demand for sustainable packaging solutions.

Laminated Tubes Are Most Likely to Outperform Aluminum Tubes in Terms of Adoption & Growth Rate

Immense ease of use, convenience, and portability will collectively enable laminated tubes to witness healthy traction in near future. As consumers are moving away from rigid packaging formats such as plastic and aluminium-based packaging tubes, they are more inclined towards laminated tube packaging, which is expected to push the performance of laminated tubes in the packaging tubes market in next few years. However, the substitutes such as stick packs, pouches, and sachets may limit this growth, with an advantage in terms of price and convenience. Aluminum tubes, though account for the maximum revenue share, are expected to witness a heavy decline in near future.

'Premium' Personal & Beauty Care Products Come in Laminated Tubes

Laminated tubes, which were only considered for packaging of hand lotion, toothpaste, and a series of similar products till a decade ago, are increasingly being embraced by a number of beauty and personal care brands. To harness the most of structural, functional, and design flexibility of laminated packaging tubes, brands are using them for packaging almost every beauty and personal care product on retail shelves. 'Premiumization' has been a big trend in personal and beauty care industries, which manifests in a wide range of decorating possibilities and a number of material attributes such as texture. Moreover, it also enables manufacturers to include metallics on tubes and closures, and create virtually seamless, 360 degree decorated packaging tubes.

Technological Intervention to Benefit Laminated Tube Sales

Recently, a beauty care brand introduced a range of products packaged in fully decorated plastic tubes, which are manufactured using the innovative digital print technology in mass scale. The tubes look vibrant and are include seamless structure, tactile embossing, photorealistic images, and cap-to-tube printing.  These packaging tubes are likely to attract an exceptionally large female consumer base in near future. Brand owners are foreseen to innovate their existing product offerings with innovative digital print - direct-to-print technology. Also, growing adoption of flexographic printing technology by tube manufacturers is anticipated to contribute to the market growth through 2028.

The shift of a growing number of pharmaceutical players to laminated tube packaging from plastic and Aluminum-based packaging, is conscious and marked, and has been attributed to several noteworthy anti-contamination properties possessed by this packaging tube type. The global market for packaging tubes is witnessing rapid uptake of laminated tubes in the pharmaceutical industry, especially for packaging of OTC products, which is expected to boost the market performance in near future.Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges.

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Packaging Tubes Market By Category

By product type:

Laminated Tubes
Plastic Barrier
Aluminum Barrier
Aluminum Tubes
Plastic Tubes

By capacity:

Up to 50 ml
51 ml to 100 ml
101 ml to 150 ml
Above 150 ml

By closure type:

Stand-up Caps
Nozzle Caps
Fez Caps
Flip-top Caps
Others

By end use:

Cosmetics
Hair care
Skin Care
Others
Oral Care
Commercial
Sealants & Adhesives
Lubricants
Others
Pharmaceuticals
Home & Personal Care
Food
Others

By region:

North America
Latin America
Western Europe
Eastern Europe
Middle East and Africa (MEA)
Asia Pacific (APAC)

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA

About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.