Tube Packaging Market

Tube Packaging Market

The global tube packaging market is valued at USD 3.5 billion in 2024 and is projected to reach USD 4.6 billion by 2029, growing at 5.9% cagr from 2024 to 2029.

The tube packaging is a packaging container designed to hold and contains variety of products across the industries including cosmetics, pharmaceutical, oral care, food & beverages and others. The growth of tube packaging market is driven by factors such increasing population, rising disposable income, risining trends and growth in beauty and cosmetic industry, and increasing innovation in packaging solutions. Owing to several advantages such as versatility, lightweight, portability, durability, recyclability, easy squeezing, and excellent processing and printing adaptability, which provides consumer an user friendly and innovative packaging experiences, in turn, boosth the growth of tube packaging market in future.

The growth of the market is driven by several factors, such as a rise in Tube sales, increasing demand for packaging solutions in the food & beverage industry, and growing technological advancements in packaging solutions. In addition to this, growing concern towards sustainability which led to shift the consumer preference from traditional packaging solutions to sustainable packaging solutions. Moreover, brands are providing customers with customisable packaging which involves an enhanced unboxing experience, leading to customer satisfaction and conversions.

Attractive Opportunities in the Tube Packaging Market

To know about the assumptions considered for the study, Request for Free Sample Report

Tube Packaging Market Dynamics

Driver: Increasing use of the internet and smartphones

The rapidly growing beauty and personal care market will drive the demand for tube packaging solutions. Tube packaging provides major packaging advantages in the cosmetic market, such as easy and precise dispensing and product protection; therefore, it becomes a favored choice for skincare and haircare products, which hold a share of around 40% and 21% in the beauty market category. Additionally, in cosmetics products,  tubes are used mainly for products such as foundation, primer, and lip balms, providing an easy-to-use and hygienic packaging option. Also, tube packaging allows products provide the ability to be tailored to various formulations and align with contemporary design trends, making the packaging user-friendly and visually appealing. Allowing these advantages provided by tube packaging across the cosmetic and beauty care industry will drive its growth in the forecast period.

Restraint: Alternative Packaging Solutions

There are several options for alternative packaging solutions for tube packaging, such as pouches and pump bottles, available in the market which restraint the growth of tube packaging market. These products offers benefits such as which sometimes exceed those from those of traditional tubes  For example poches are flexible, spaceous and easy to use therefore brands ike Heinz leverage these advantages in order to provide convenience and extend shelf life making pouches a compelling alternative for tube packaging. Additionally for products such as lotions, gels, and shampoos pump bottles serves as a viable alternative for tube packaging. Brands like Neutrogena provide pump bottle to due to advantange such convenient dispensing, help minimize waste, and enhance user experience. Due to all the benefits of alternative manufacturers tends to adopt the alternative soltions and challenge th growth of tube packaging market.

Opportunities: Brand identity creation using Tube packaging

According to the International Trade Administration, global B2B Tube sales have consistently increased over the past decade, with the market projected to reach USD 36 trillion by 2026.  The significant growth in the Tube industry will drives  the packaging industry, with tube packaging emerging as a significant solution to fullfill the specific needs of online retail. Tube Packaging  Tube packaging offers several advantages such as durability, protective qualities, and convenience which ensures product safety and maintains integrity during transit. Additionally, Tube packaging is well-suited for tamper-evident packaging and visually appealing packaging solutions in the Tube industry which provides extra security and high-quality printing and branding. These advantages allows businesses to efficiently package and ship a wide range of products, while maintaining consistent brand presentation and product protection. The growing Tube industry especially in developing countries such as India, Brazil and Argentina, in turn, will provide the opportunity for the growth of tube packaging market.

Challenges: Fluctuation in raw material pricing

The prices of raw materials which are used to make tube packaging, significantly pose a challenge for the manufacturers of tubes packaging. Raw materials like aluminium, plastic,amd laminated are sensitive to market dynamics. Plastic resin prices are directly affected by the fluctuation in crude oil prices. The price of aluminum, on the other hand, can be affected by a number of other factors such as geopolitical events, trade tariffs, and supply chain disruptions have all been known to influence aluminum pricing. With the increased raw material prices,the  manufacturers also faces increased production costs, which somehow reduced profit margins for the manufacturers or lead to higher prices for end consumers, potentially reducing demand.

Tube Packaging Market: ECOSYSTEM

By Type, Aluminium account for the second highest CAGR in the tube packaging market during the forecast period.

Aluminium tubes have demonstrated the second-highest compounded annual growth rate (CAGR) in the Tube packaging market. Aluminum tubes offer a shield of protection against light, moisture, and air and makes them ideal, for packaging ointments, gels, and foodstuffs that require the highest preservation standards. Earth-friendly packaging material like aluminum is quite strong and is likely to grow. With the slender, sleek look of the aluminum tube and the ways in which it can be easily shaped, embossed, and printed upon, while ensuring the product integrity.

By Packaging Type, Twist account for the second highest CAGR in the Tube packaging market during the forecast period.

Twist tubes have the second-highest compounded annual growth rate (CAGR) thanks to unique dispensing mechanism, which allows the required amount of product being used. Twist tubes are generally used in packaging the several high valued and sensitive products such as deodrants, lip balms, sunscreen, and others. These tubes offers ease of use, and enhanced the product longevity by minimizing the product waste.

By Application, beauty & cosmetics segment has the second-largest CAGR in the Tube packaging market.

In the Tube packaging market, the beauty & cosmetics segment accounts for the second-highest CAGR in the forecast period. This is attributed to the increasing demand from beauty & cosmetic products, which is significantly driven by several factors such as rising disposable income, increasing population, and increasing influence of latest beauty trends across the emerging and developed markets. The beauty and cosmetic industry also focusess on product’s packaging which helps to attract the consumers.

By Capacity, upto 50mL segment has the second-largest CAGR in the Tube packaging market.

In the Tube packaging market, the upto 50mL segment accounts for the second-highest CAGR in the forecast period. This is attributed to the increasing trends for travel-sized and sample products across the end-use application areas such as beauty & cosmetics, pharmaceuticals, and others. Nowadays, consumers looks for convenient and portable packaging solutions, hence such tube capacity range becomes the ideal choice. Moreover, this type of tube capacity range also help those consumers who look to test the product before go for bulk purchase.

Asia Pacific is projected to account for the highest market share in the Tube packaging market during the forecast period.

Asia Pacific is the largest market for Tube packaging market, due to increased use of packaging in countries like China, India, etc. There are several factors which affects the market such as increasing disposable income, rise in population, growing beauty and cosmetic industry, etc. Apart from this, the region also witnesses the great manufacturing capabilities, cost-effective raw materials, and robust supply chain. Such factors impacts the tube packaging market in the region in the positive way. In addition to this, growing e-commerce industry also support the market growth of tube packaging.

To know about the assumptions considered for the study, download the pdf brochure

Tube Packaging Market Players

The Tube packaging market comprises key manufacturers such as EPL Limited (India), Amcor (Switzerland), Berry Global Inc (US), Albea Group (France), Hoffmann Neopac (Switzerland), and others. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Tube packaging market. A major focus was given to the expansions and deals.

Tube Packaging Scope:

This research report categorizes the global Tube Packaging market on the basis of Product Type, Material, Application, and Region.

Tube Packaging Market, By Type

• Laminated
• Aluminium
• Plastic

Tube Packaging Market, By Application

• Oral Care
• Beauty & Cosmetics
• Pharmaceuticals
• Food & Beverages
• Cleaning Products
• Other Applications

Tube Packaging Market, By Packaging Type

• Squeeze & Collapsible
• Twist
• Other Packaging Types

Tube Packaging Market, By Capacity

• Upto 50mL
• 51mL-100mL
• 101mL-150mL
• Above 150mL

Tube Packaging Market, By Region

• Asia Pacific (APAC)
• North America
• Europe
• South America
• Middle East & Africa

The market has been further analyzed for the key countries in each of these regions.

Recent Developments

• In June 2024, LINHARDT Group announced the successful completion of the 100% acquisition of the Pioneer Group two months after signing the SPA.
• In May 2024, Hoffmann Neopac introduced a new cosmetics tube line at the US facility and unveiled Polyfoil sensation.
• In July 2023, Albea Group has expanded its PCR product range by introducing the Timeless PCR PBL web.
• In May 2023, Hoffman Neopac introduced its new Polyfoil EcoPro mono-material double barrier tubes.
• In April 2023, Berry Global Inc., has opened an International Center of Excellence and Circular Innovation Hub in Barcelona, Spain to develop innovative product solutions for consumers.
• In March 2023, Hoffmann Neopac launched its PaperX Tube series, which incorporates a fiber-based laminate to significantly reduce plastic usage and lower the overall carbon footprint.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst