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Tube Packaging Market is predicted to reach USD 16.38 Billion at a CAGR of 6.73% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Tube Packaging Market” that contains information from 2018 to 2030. The Tube Packaging market is estimated to register a CAGR of 6.73% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Tube Packaging market— Runlab Labware Manufacturing Co Ltd, Goodway Technologies Corporation, Rakhoh Industries Pvt Ltd, BASCO Inc, Cobey Inc, Oy Nordic AC Ltd, Jiaxing Jinyi Solar Energy Technology Co Ltd, Sebatibogogo Cylinders & Welding Supply Inc, Patterson Pump Company, and Columbia Analytical Instruments Inc.


Market Highlights


The global Tube Packaging Market is accounted to register a CAGR of 6.73% during the forecast period and is estimated to reach USD 16.38 Billion by 2030.


The tube packaging market comprises the manufacturing and distribution of cylindrical containers typically made from materials like plastic or aluminum. These tubes are used for packaging products such as cosmetics, pharmaceuticals, and food items, offering convenience, hygiene, and branding opportunities. The market's growth is driven by its versatility, ease of use, and consumer-friendly attributes in various industries.


Segment Analysis


The global Tube Packaging market has been segmented based on Material, Product and Application.


On the basis of Material, the market is segmented into Laminate, Plastic, Aluminum, and Others. In 2022, the Laminate category will account for the majority of revenue from Tube Packaging worldwide. due to the popularity of laminates, which protect objects from deterioration and combine the advantages of metal and plastic.


Based on Product, the global Tube Packaging market has been segmented into Squeeze tubes, Twist tubes, and Others. The market was dominated by the squeeze tubes category. because products are being used more frequently in end-user industries including healthcare and personal care & oral care. The plastic squeeze product is the most popular since it is lightweight, reliable, and leak-proof. Most uses for the laminated and aluminium collapsible types are in the medical and dental fields. Since they do not revert to their original shape when the pressure is released, collapsible tubes are more suitable for the packaging of lotions and ointments.


Based on Application, the global Tube Packaging market has been segmented into Personal care, Pharmaceuticals, Food, Consumer goods, and Others.. The market's largest category is the personal care segment. The sector is expected to grow as demand for chemical-free, organic products and awareness of one's own health and wellbeing increase. It is projected that the ageing population would increase demand for anti-aging cosmetics, notably in Europe and North America.


Regional Analysis


The global Tube Packaging market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Tube Packaging market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Tube Packaging market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Tube Packaging market comprises of Middle East, Africa, and Latin America.


The North America Tube Packaging Market dominated this market in 2022. We can definitely anticipate an increase in the size of the market in Asian countries since there is growth in the manufacture of cosmetics there. Population growth is a significant factor in increasing market demand, and as a result, nations like South Korea, China, and India are emerging as key producers of tube packaging on the international scene.


The market is being driven by European nations since they are innovative in introducing new techniques into the packaging sectors. In place of plastic materials, they recently developed biodegradable and renewable packaging techniques.


Key Findings of the Study



  • The global Tube Packaging market is expected to reach USD 16.38 Billion by 2030, at a CAGR of 6.73% during the forecast period.

  • The North America Tube Packaging Market dominated this market in 2022. We can definitely anticipate an increase in the size of the market in Asian countries since there is growth in the manufacture of cosmetics there.

  • Based on Material, In 2022, the Laminate category will account for the majority of revenue from Tube Packaging worldwide.

  • Runlab Labware Manufacturing Co Ltd, Goodway Technologies Corporation, Rakhoh Industries Pvt Ltd, BASCO Inc, Cobey Inc, Oy Nordic AC Ltd, Jiaxing Jinyi Solar Energy Technology Co Ltd, Sebatibogogo Cylinders & Welding Supply Inc, Patterson Pump Company, and Columbia Analytical Instruments Inc.


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