Packaging Tubes Market to Hit USD 6,640 Million by 2034, Driven by Laminated Tube Demand in Cosmetics

The global packaging tubes market is poised for significant growth, with its market size estimated to be worth USD 4,737.3 million in 2024 and anticipated to reach a value of USD 6,640 million by 2034. This expansion represents a CAGR of 3.4% over the forecast period from 2024 to 2034.

In 2023, the revenue generated by packaging tubes was USD 4,623.9 million, and the industry is expected to show a year-over-year (Y-o-Y) growth of 2.5% in 2024.

A major driver of this growth is the widespread use of laminated tubes in the cosmetic and beauty products industry, where these tubes capture 56.3% of the total market share. The popularity of laminated tubes is attributed to their superior barrier properties, which offer robust protection against various external and environmental factors.

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By capacity, tubes ranging from 51 to 100 ml are set to dominate the market, capturing more than 40% of the total market share during the assessment period. Their affordability and convenient portability make them a preferred choice for travel and on-the-go use.

Rising Popularity of Beauty and Personal Care Products Drives Growth in Packaging Tubes Market

The global beauty and personal care industry is experiencing remarkable growth, fueled by a growing emphasis on quality and brand value across all generations. As consumers become increasingly discerning about the cosmetics and personal care products they purchase, the demand for premium packaging solutions is on the rise.

The hair and skin care sectors, in particular, are witnessing significant year-over-year growth. Cosmetic products such as lotions, creams, conditioners, and shampoos are driving high sales volumes, which, in turn, are contributing to the booming market for packaging tubes. According to the Personal Care Products Council (PCPC), the personal care products industry is a key contributor to the U.S. economy, adding USD 2.6 billion in 2022 alone.

A noteworthy trend in the packaging sector is the growing popularity of shiny tubes with sophisticated metallic effects and intricate designs, such as realistic photo prints, and matte or glossy finishes. These features are helping the laminated tubes segment to distinguish itself in a highly competitive market.

Beyond their aesthetic appeal, laminated tubes also offer consumers added convenience, ease of use, and a soft touch, making them an increasingly preferred choice for packaging personal care products.

Key Takeaways from the Enterprise Packaging Tubes Market Report

• The packaging tubes industry in the USA is expected to create an incremental opportunity of USD 2,016.1 million through 2034.
• The market is projected to grow 1.4 times its current value by 2034.
• The UK packaging tubes market is anticipated to exhibit a CAGR of 2.3% during the forecast period.
• The Indian cosmetic industry presents significant opportunities, with India expected to hold a 23.3% market share by 2034, growing at a CAGR of 4.5%.
• Laminated tubes are estimated to dominate the market, accounting for 57.7% of the product type share by 2034.

Competitive Landscape

Key players in the packing tube business are creating and bringing new goods into the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.

Key Players in Packaging Tubes Manufacturers

• CCL Industries, Inc.
• Albea Group
• EPL Limited
• Berry Global Group, Inc.
• Montebello Packaging
• Plastube Inc.
• Pack-Tubes
• ALLTUB GROUP
• Antilla Propack
• CTLpack
• TUBOPRESS ITALIA SRL
• LINHARDT Group
• Hoffmann Neopac AG

Key Developments in the Packaging Tubes Market

• In June 2024, LINHARDT Group acquired Pioneer Extruders Pvt. Ltd and Jeevanlakshmi Packaging Solutions Pvt. Ltd.
• In May 2024, Hoffmann Neopac AG launched new cosmetics tube line at its Wilson, NC plant with the name Polyfoil Sensation.
• In March 2024, Berry Global Group Inc. partnered with Mitsubishi Gas Chemical Company, Inc. launched MXD6, a recyclable barrier solution for thermoformed articles, plastic tubes, jars, and bottles.

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Packaging Tubes Market Segmentation

By Product Type:

In terms of product type, the industry is divided into aluminum tubes, laminated tubes and plastic co-extrusion tubes. The aluminum barrier laminated (ABL) tubes is further divided into aluminum foil and plastic barrier laminated (PBL) tubes into ethylene vinyl alcohol (EVOH) and polyester (PET).

By Capacity:

In terms of capacity, the industry is divided into less than 50 ml, 51 to 100 ml, 101 to 150 ml and Above 150 ml.

By End Use:

Some of end use industries related to packaging tubes market include cosmetics, oral care, commercial & industrial, pharmaceuticals, home and other personal care, food and others. The others segment is further sub-categorized into paints, crayons and shoe polish.

By Region:

Key countries of North America, Latin America, East Asia, South Asia, Europe, Oceania, Middle East and Africa are covered.

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