Press release
2025 Collapsible Metal Tubes Market Outlook: Key Indicators Shaping Growth Through 2034
Collapsible Metal Tubes
What Will the Collapsible Metal Tubes Industry Market Size Be by 2025?
The market size of collapsible metal tubes has seen a consistent upward trend in the recent past. Projections estimate growth from $1.39 billion in 2024 to $1.44 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.0%. Several reasons can be credited for the remarkable growth during the historic period including the flourishing pharmaceutical industry, the widening cosmetic and personal care industry, the utilization of collapsible metal tubes in the food packaging industry, heightened usage of metal tubes in the adhesive and sealant industry, and the increasing demand for food products.
What's the Long-Term Growth Forecast for the Collapsible Metal Tubes Market Size Through 2029?
There is an anticipation of solid expansion in the collapsible metal tubes market over the next few years, with a predicted growth up to $1.79 billion by 2029, propelled by a compound annual growth rate (CAGR) of 5.6%. The factors propelling this growth during the projected period include an increase in demand for eco-friendly and sustainable packaging options, the rising trend of tube packaging in the e-commerce industry, expansion in the paint and coatings sector, an increasing need for adaptable packaging solutions, and a move towards lighter materials. Important trends expected during this period encompass advances in the technology used for labeling and printing on metal tubes, the use of innovative technologies, customization and personalization of the tubes for branding purposes, incorporation of smart packaging technologies into metal tubes, and a focus on recyclability and principles of the circular economy in tube design.
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What Are the Key Growth Drivers Fueling the Collapsible Metal Tubes Market Expansion?
Growing worries about the worldwide impact of plastic packaging have led to an expansion in the collapsible metal tubes market. The surge in consciousness and consumer inclination towards more environmentally friendly choices, coupled with efforts to minimize plastic use, have further propelled market growth. For example, in January 2024, the Australia Institute revealed that Australians use 3.8 million tonnes of plastic each year, equivalent to the weight of 72 Sydney Harbour Bridges. This statistic is expected to rise to 9.7 million tonnes by 2049-50. As a result, the growing apprehension over the environmental damage caused by plastic packaging and the consumer emphasis on reducing plastic waste fostered increased demand for collapsible metal tubes during the historical period.
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What Are the Key Trends Driving Collapsible Metal Tubes Market Growth?
The rising focus on recycling is becoming a noteworthy trend in the collapsible metal tube industry. Firms in this sector are concentrating their efforts on designing recyclable alternatives for collapsible metal tubes with the end goal of minimizing waste and pollution. As an example, in May 2023, TUBEX Aluminium Tubes made substantial progress in sustainability by introducing a new mono-material aluminum tube, MonoRefill. This ground-breaking packaging is made entirely from recycled aluminum and incorporates 95% post-consumer recycled content. The MonoRefill tube is designed for product refilling, which drastically cuts down waste and simplifies the recycling process. The distinguishing feature of this tube is the use of a special alloy, enabling the production of the entire tube from a single material, thus eliminating the necessity for plastic caps.
How Is the Collapsible Metal Tubes Market Segmented?
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 Companies Are Leading the Charge in Collapsible Metal Tubes Market Innovation?
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
Which Regions Are Leading the Global Collapsible Metal Tubes Market in Revenue?
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
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