Tube Packaging Market Size, Share & Trends Analysis Report By Tube Type (Squeeze & Collapsible, Twist), By Product (Laminated, Plastic), By Application (Food, Personal Care & Oral Care), And Segment Forecasts, 2021 - 2028

Report Overview

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.

Fluctuating raw material prices, which include plastics, aluminum, and other laminates, are expected to create challenges for the market growth. Plastic material majorly includes polyethylene, polyethylene terephthalate, and polypropylene. The prices of these polymers are sensitive to the crude oil prices, which are highly volatile. Moreover, rising environmental concerns and stringent government regulations regarding the use of plastic and its disposal are expected to hinder the market growth over the forecast period.

Increasing curbs on the usage of plastic are expected to create opportunities for innovative materials including bioplastics, aluminum, and others. Plastics like polylactic acid are primarily derived from renewable energy sources, such as corn starch, sugarcane, chips, tapioca roots, and other starches. Polylactic Acid is the most consumed bioplastics around the globe. Biodegradability, recyclability, and non-toxicity are the key factors driving the demand for bioplastics around the globe.

Products primarily reach the end-users like pharmaceuticals and cosmetics manufacturers through distributors. However, many global end-users have established direct contact with the manufacturers to reduce the cost and ensure uninterrupted supply. Moreover, some tube packaging manufactures have allowed the user to directly order from their websites as these portals allow direct contact between the supplier and customer as well as improves the profitability of both parties by reducing the distributor costs.

Tube Type Insights

In terms of revenue, the squeeze and collapsible segment dominated the global market with a share of over 71% in 2020. The segment is also expected to register the fastest CAGR from 2021 to 2028 owing to higher product penetration in the end-user industries, such as personal care & oral care and healthcare. The plastic squeeze type is the most prominently used product as it is lightweight, non-breakable, and leakproof. Healthcare and oral care applications majorly use the laminated and aluminum collapsible type. Collapsible tubes do not regain their original shape after the pressure is released hence they are more suitable for the packaging of ointment and creams.

The twist type segment is expected to witness a significant CAGR over the forecast period. These types are majorly used for packaging consumer goods including gums, adhesives, and paints and soft-solid products including glue, balm, lipsticks, and others. Ease of usability and precise dispensing are the key features driving the demand for twist type. Moreover, improved barrier protection and lower storage capacity make it an ideal solution for the packaging of luxury products. However, limited opportunities related to the reusability of the products are expected to hinder the segment growth over the forecast period.

Product Insights

In terms of revenue, laminated tubes dominated the market with a market share exceeding 44% in 2020. The segment will expand further at the fastest CAGR from 2021 to 2028 due to the high demand for laminates as it combines the properties of both plastic and metal, and thereby protects the products from spoilage.

Laminated tubes are produced using several layers of polymers and other materials. These layers act as an excellent barrier to moisture, light, and air, leading to the increased shelf life of the products stored in them. They are generally available in two types, namely Aluminum Barrier Laminate (ABL) and Plastic Barrier Laminate (PBL) tubes. The ABL products use aluminum foil as a barrier and PBL products have multiple layers of plastic foil as a barrier.

In terms of revenue, the plastic tubes segment held the second-largest share of the global tube market and is expected to grow at a steady CAGR over the forecast period. Plastic tubes are majorly produced with the help of extrusion using monomers including LDPE, LLDPE, MDPE, and HDPE. Some tubes are also co-extruded with multiple layers of these monomers. Constant innovations in material development including biodegradable plastics are expected to drive the segment despite stringent government regulations regarding plastic usage and recycling.

The aluminum product segment is expected to witness considerable growth over the forecast period. Aluminum tubes are corrosion-resistant, airtight, and impermeable and thus, provide excellent protection against contamination. However, the material faces certain challenges including high cost and inability to retain shape after usage, which is expected to hinder the segment growth to some extent.

Application Insights

The personal care & oral care application segment accounted for the largest revenue share of over 67% in 2020. Growing awareness regarding health and wellness coupled with higher demand for chemical-free, organic products is expected to drive the segment growth over the forecast period. The increasing geriatric population, especially in the Europe and North America regions, is expected to increase the demand for cosmetic products with anti-aging properties.

The healthcare application segment held the second-largest revenue share in 2020 and is projected to expand at a steady CAGR during the forecast period. The rise in healthcare spending and the presence of prominent pharmaceutical manufacturing companies, such as Pfizer, Inc. and Johnson & Johnson, in North America is expected to drive the product demand over the forecast period. The food application segment is also likely to have significant growth during the forecast period due to high product demand for the packaging of semi-liquid and liquid food products including sauces, ketchup, dressings, creams, salsa, and beverages.

Regional Insights

North America dominated the industry with a revenue share of 32.59% in 2020 and is expected to maintain the leading position over the forecast period. The presence of well-established personal care and healthcare industries in the region is responsible for the higher market share. Asia Pacific is projected to be the fastest-growing regional market over the forecast period. Countries like India, China, and South Korea are emerging as manufacturing hubs in the region. The growing population and disposable income levels are also contributing to the region’s growth.

The market participants in Europe are continuously involved in the new product development to match the increasing demand from various end-user industries. For instance, in October 2019, Stora Enso developed paperboard tube packaging for cosmetic products, which is biodegradable, renewable, and an alternative for traditional plastic packaging.

The Middle East & Africa is also known to be fast-developing region, where most of the population is earning well along with being inclined toward consumerism. The consumers in the region are becoming less brand loyal owing to the availability of comparatively cheaper alternatives. This trend defines that demand for various personal care, healthcare, and packaged food products is rising, which will further bolster the market growth.

Key Companies & Market Share Insights

The competitive rivalry among the global manufacturers is expected to increase over the forecast period. Most of the companies offer standard as well as customized plastic, aluminum, and laminated tube packaging solutions. Increasing demand for innovative products like biodegradable and recyclable tubes is expected to intensify the competition over the forecast period.

The global manufacturers are focusing on sustainable production owing to strict regulations about the processing and recycling of raw materials, particularly plastics. This change in demand has resulted in collaborations and partnerships among the manufacturers and plastic recycling companies to comply with stringent regulations. Some prominent players in the global tube packaging market include:

• Essel Propack Limited

• VisiPak

• Sonoco Products Company

• ALBEA

• Clariant

• Montebello Packaging

• Huhtamaki OYJ

• Unette Corporation

• Romaco Group

• Hoffman Neopac AG

Tube Packaging Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global tube packaging market report on the basis of tube type, product, application, and region:

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

  • Squeeze and Collapsible

  • Twist

• Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Laminated

  • Plastic

  • Aluminum

• Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Personal Care & Oral Care

  • Healthcare

  • Food

  • Consumer Goods

  • Others

• 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