Tube Packaging Market is projected to retain the dominance over the forecast period

Growing consciousness about personal appearance is augmenting the demand for personal care products, which, in turn, will boost the demand for tube packaging solutions.

The global tube packaging market size was valued at USD 9.91 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028. Increasing demand for these types of packaging from application industries, such as cosmetics & personal care, healthcare, and food, is expected to be the primary diver for the market. Increasing consumer awareness regarding personal health and wellness is expected to be a stimulating factor for the growth of the personal care market. Growing consciousness about personal appearance is augmenting the demand for personal care products, which, in turn, will boost the demand for tube packaging solutions. The U.S. is one of the key markets in the global beauty & personal care industry owing to the high spending power of consumers.

 

The demand for organic personal care products in the country is on the rise owing to changing consumer preferences for natural ingredients. Organic products are mostly sold in small quantities and at a premium cost, which will drive demand for tube packaging as it enables efficient and precise dispensing.

 

Gather more insights about the market drivers, restrains and growth of the Global Tube Packaging Market

 

Tube Packaging Market Report Highlights

 

  • The laminated product segment is expected to register the fastest CAGR of 7.0% from 2021 to 2028. Laminated tube is the most preferred form of packaging for premium cosmetics and other premium skincare and pharmaceutical products owing to its ability to combine the benefits of both metal and plasticin one solution
  • North America led the market in 2020 and is projected to retain the dominance over the forecast period owing to the presence of global cosmetics and pharmaceutical product manufacturers
  • Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 owing to high product demand as a result of increased consumer spending
  • The squeeze and collapsible type segment accounted for the largest share in 2020. The segment will retain its leading position register the fastest CAGR over the forecast period

 

 

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

 

  • The global laboratory plasticware market size was valued at USD 2.13 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030. 
  • The global nylon monofilament market size was valued at USD 1.33 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.

 

 

Segments Covered in the Report

 

Grand View Research has segmented the global tube packaging market on the basis of tube type, product, application, and region:

 

 

Tube Packaging Tube Type Outlook (Revenue, USD Million, 2017 - 2028)

 

  • Squeeze and Collapsible
  • Twist

 

Tube Packaging Product Outlook (Revenue, USD Million, 2017 - 2028)

 

  • Laminated
  • Plastic
  • Aluminum

 

Tube Packaging Application Outlook (Revenue, USD Million, 2017 - 2028)

 

  • Personal Care & Oral Care
  • Healthcare
  • Food
  • Consumer Goods
  • Others

 

Tube Packaging Regional Outlook (Revenue, USD Million, 2017 - 2028)

 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Thailand
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa

 

 

Order a free sample PDF of the Tube Packaging Market Intelligence Study, published by Grand View Research.

 


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