Press release
Global Concerns Over Plastic Packaging Boost Collapsible Metal Tubes Market Driver: A Major Catalyst in the Evolution of the Collapsible Metal Tubes Market in 2025
Collapsible Metal Tubes Market
The augmentation of the collapsible metal tubes market has been driven by mounting global concern about plastic packaging. The shift in consumer consciousness towards greener alternatives and a reduction in plastic use has played a vital role in market expansion. For instance, the Australia Institute reported in January 2024 that Australians annually use 3.8 million tonnes of plastic - the equivalent weight of 72 Sydney Harbour Bridges. These statistics are forecasted to escalate to 9.7 million tonnes by 2049-50. Therefore, worries about plastic packaging damaging the environment, combined with consumer inclination to minimise plastic waste, have boosted the demand for collapsible metal tubes in the historical period.
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What Is the projected market size and growth rate for the collapsible metal tubes market?
In recent times, there has been a consistent growth in the market size of collapsible metal tubes. The financial forecast predicts an increase from a value of $1.39 billion in 2024 to approximately $1.44 billion in 2025, which represents a Compound Annual Growth Rate (CAGR) of 4.0%. This increase over the historical period is due to several factors. These include the growth of the pharmaceutical industry, the expanding cosmetic and personal care sector, the increased adoption of these tubes in the food packing industry, their rising use in the adhesive and sealant industry and the growing demand for food products.
We can anticipate a surge in the size of the collapsible metal tubes market over the next few years. The market is projected to reach $1.79 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. Factors contributing to the growth during the forecast period include the increasing need for sustainable and environment-friendly packaging solutions, the rising trend of tube packaging within the e-commerce sector, the expansion of the paints and coatings industry, and the growing preference for flexible and lightweight packaging alternatives. During the forecast period important trends will emerge such as advancements in the technology for printing and labeling on metal tubes, the arrival of innovative technologies, branding through customization and personalization of collapsible metal tubes, the adoption of smart packaging technologies in metal tubes, and placing importance on recyclability and circular economy principles in tube design.
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What new trends are reshaping the collapsible metal tubes market and its opportunities?
One prominent trend becoming more widespread in the collapsible metal tube market is the increasing emphasis on recycling. Main companies in this industry are working diligently to create recyclable solutions for collapsible metal tubes to decrease waste and contamination. For example, TUBEX Aluminium Tubes took a major stride in promoting sustainability in May 2023. They unveiled a novel mono-material aluminum tube named MonoRefill. This cutting-edge packaging is crafted from 100% recycled aluminum, with a composition of 95% post-consumer recycled content. The MonoRefill tube is friendly for product refills, which could radically decrease waste and promote effortless recycling. An exceptional alloy is used, allowing the complete tube to be produced from a singular material, which removes the necessity for plastic coverings.
What major market segments define the scope and growth of the collapsible metal tubes market?
The collapsible metal tubes market covered in this report is segmented -
1) By Product Type: Twist Tubes, Squeeze Tube, Other Product Types
2) By Closure Type: Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Other Closure Types
3) By End-User: Home Care And Personal Care, Cosmetics, Industrial, Pharmaceutical, Other End-Users
Subsegments:
1) By Twist Tubes: Standard Twist Tubes, Custom Twist Tubes
2) By Squeeze Tubes: Standard Squeeze Tubes, Custom Squeeze Tubes
3) By Other Product Types: Spray Tubes, Specialty Tubes
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Which region dominates the collapsible metal tubes market?
North America was the largest region in the collapsible metal tube market in 2024. The regions covered in the collapsible metal tubes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the collapsible metal tubes industry growth?
Major companies operating in the collapsible metal tubes market include Auber Packaging Co. Ltd., Linhardt GmbH & Co KG Company, Universal Metal Products Inc., Antilla Propack Pvt. Ltd., PAKET Corporation, Albea UK Ltd., Alltub SAS, Montebello Packaging Inc., Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging Co. Ltd., D. N. Industries Pvt. Ltd., Amcor Limited, CCL Industries Inc., China Aluminum Cans Holdings Limited, Colt's Plastics Co. Inc., Condensa SA, Constantia Flexibles Group GmbH, CTL Packaging USA, Essel Propack Limited, Excel Tubes & Cones Pvt. Ltd., Guangzhou Amy Plastic Tube Co. Ltd., Hoffmann Neopac AG, Huhtamaki Oyj, Impact International Pty Ltd., Intrapac International LLC, L'Oreal S. A., M&H Plastics Ltd., MPack Poland Sp. z o. o., Neopac Hungary Ltd., Ningbo Gidea Packaging Co. Ltd., Nordenia International AG, Pack-Tubes Ltd., Plastube Inc., Prutha Packaging Pvt. Ltd., Qosmedix Corp., Sibo Tube Group
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What Is Covered In The Collapsible Metal Tubes Global Market Report?
•Market Size Forecast: Examine the collapsible metal tubes market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the collapsible metal tubes market for a structured understanding.
•Key Players Overview: Analyze major players in the collapsible metal tubes market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the collapsible metal tubes market.
•Segment Contributions: Evaluate how different segments drive overall growth in the collapsible metal tubes market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the collapsible metal tubes market.
•Industry Challenges: Identify potential risks and obstacles affecting the collapsible metal tubes market.
•Competitive Landscape: Review strategic developments in the collapsible metal tubes market, including expansions, agreements, and new product launches.
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