Tube Packaging Market Size, Share, Growth & Trend | Report 2031

Segments - Tube Packaging Market by Packaging (Squeeze Tube Packaging, Twist Tube Packaging, Stick Tube Packaging, and Cartridges Tube Packaging), Applications (Cosmetics & Toiletries, Healthcare & Pharmaceutical, Food, Homecare, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

Tube Packaging Market Outlook 2031:

The global tube packaging market size was valued at USD 12.19 Billion in 2022 and is projected to reach USD 17.65 Billion by 2031, expanding at a CAGR of 4.2% during the forecast period 2023 - 2031. The growth of the market is attributed to rising demand for innovative packaging solution for cosmetics and food products.

Tubes are usually made from materials such as plastics, aluminum, and paperboard. Creams, lotions, gels and thick liquids are generally stored in tubes. It is a cost-effective way to store cosmetics, medicines, and food products. During the COVID-19 pandemic, the packaging of production decreased due to closedown of manufacturing facilities.

However, the demand for tube packaging remain robust in the pharmaceutical industry due to increasing burden on the healthcare sector.

Tube Packaging Market Trends, Drivers, Restraints, and Opportunities

Rising use of packaging in the pharmaceutical industry is estimated to propel the tube packaging market growth.
Increasing purchasing power is anticipated to increase the demand for cosmetic products, fueling the market growth.
The presence of alternative packaging methods can create challenges for the tube packaging market growth.
Increasing usage of tube packaging in developing countries can provide various opportunities, stimulating the tube packaging market growth during the forecast period.

Scope of Tube Packaging Market Report

The report on the global tube packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Tube packging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016 – 2021
Forecast Period	2023 – 2031
Segmentation	Packaging (Squeeze Tube Packaging, Twist Tube Packaging, Stick Tube Packaging, and Cartridges Tube Packaging), Materials (Plastic, Paper, Aluminum, and Others), Applications (Cosmetics & Toiletries, Healthcare & Pharmaceutical, Food, Homecare, and Others),
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Essel Propack Ltd.; VisiPak; ALEBA; Sonoco Products Company; Clariant; Coveris Holdings SA; Montebello Packaging; Huhtamaki OYJ; Romaco Group; Unette Corporation; and Berry Global Group, Inc.

Tube Packaging Market Segment Insights

Stick segment to hold a significant market share

Based on packaging, the tube packaging market share is divided into squeeze tube packaging, twist tube packaging, stick tube packaging, and cartridges tube packaging. The squeeze tube packaging segment is anticipated to hold a key share of the market in the coming years due to rising demand for flexible packaging solutions.

Moreover, this type of packaging is less expensive to manufacture as compared to glass jars and bottles. On the other hand, the stick tube packaging segment is anticipated to expand at a rapid pace during the forecast period.

Aluminum segment is expected to grow at a rapid pace

On the basis of materials, the tube packaging market is segregated into plastics tube packaging, paper tube packaging, and aluminum tube packaging. The paper tube packaging segment is expected to represent a key share of the market in the upcoming years owing to safety and durability, which makes them highly preferable in pharmaceutical, cosmetics, and toiletries industries.

However, the aluminum tube packaging segment is anticipated to expand at a rapid pace during the forecast period owing to their recyclability and eco-friendliness.

Healthcare & pharmaceutical segment is expected to grow at a rapid pace

Based on applications, the tube packaging market is divided into cosmetics & toiletries tube packaging, healthcare & pharmaceutical tube packaging, food tube packaging, and cartridges tube packaging. The cosmetics & toiletries paper tube packaging segment is expected to represent a key share of the market in the upcoming years due to growing demand for innovative packaging solutions.

On the other hand, the healthcare & pharmaceutical tube packaging segment is anticipated to expand at a rapid pace during the forecast period. The tube packaging provides safety of product from outside atmosphere.

North America is estimated to account a major market share

In terms of regions, the tube packaging market share is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a significant share of the market during the projected period. Wide expansion in term of R&D investment for the development of tube packaging products acts as a major driver of the market growth in the region.

However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period. The growth of the market in region is attributed to increasing demand for tube packaging in countries such as India and China.

Segments

The global tube packaging market has been segmented on the basis of

Packaging

Squeeze Tube Packaging
Twist Tube Packaging
Stick Tube Packaging
Cartridge Tube packaging

Materials

Plastic Tube Packaging
Paper Tube Packaging
Aluminum Tube Packaging

Applications

Cosmetics &Toiletries Tube Packaging
Healthcare &Pharmaceutical Tube Packaging
Food Tube Packaging
Homecare Tube Packaging

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Essel Propack Ltd
VisiPak
ALEBA
Sonoco Products Company
Clariant
Coveris Holdings SA
Montebello Packaging
Huhtamaki OYJ
Romaco Group
Unette Corporation
Berry Global Group, Inc.

Competitive Landscape

Key players competing in the tube packaging market includes Essel Propack Ltd.; VisiPak; ALEBA; Sonoco Products Company; Clariant; Coveris Holdings SA; Montebello Packaging; Huhtamaki OYJ; Romaco Group; Unette Corporation; and Berry Global Group, Inc.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

In March 2018, Amcor and SIG packaging companies joined forces for aluminum sourcing where they aimed to ensure smooth supply chain of aluminum foils to meet the norms of the Aluminum Stewardship Initiative (ASI).

Tube Packaging Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tube Packaging Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Tube Packaging Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Tube Packaging Market - Supply Chain
  4.5. Global Tube Packaging Market Forecast
     4.5.1. Tube Packaging Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Tube Packaging Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Tube Packaging Market Absolute $ Opportunity
5. Global Tube Packaging Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Tube Packaging Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Tube Packaging Demand Share Forecast, 2019-2026
6. North America Tube Packaging Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Tube Packaging Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Tube Packaging Demand Share Forecast, 2019-2026
7. Latin America Tube Packaging Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Tube Packaging Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Tube Packaging Demand Share Forecast, 2019-2026
8. Europe Tube Packaging Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Tube Packaging Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Tube Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Tube Packaging Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Tube Packaging Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Tube Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Tube Packaging Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Tube Packaging Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Tube Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Tube Packaging Market: Market Share Analysis
  11.2. Tube Packaging Distributors and Customers
  11.3. Tube Packaging Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Essel Propack Ltd
     11.4.2. VisiPak
     11.4.3. ALEBA
     11.4.4. Sonoco Products Company
     11.4.5. Clariant
     11.4.6. Coveris Holdings SA
     11.4.7. Montebello Packaging