Global tube packaging market is projected to have a considerable CAGR of around 5.9% during the forecast period (2024-2031). The market growth is driven by the growing inclination towards flexible packaging over rigid packaging. Additionally, the continuous increase in the demand for plastic tubes in the packaging of cosmetic and food & beverage products is significantly supporting market growth. Furthermore, market growth is further supported by innovation in the cosmetics industry, which has introduced novel ingredients in cosmetic products, including organic and herbal solutions. However, the environmental concerns relating to the use of plastic are impeding the market growth.
The global tube packaging market is segmented by material type (laminated tubes, aluminum tubes, plastic tubes, and others) and vertical (cosmetic and oral care, food & beverages, pharmaceutical, and others), and by geographies (North America, Europe, Asia-Pacific, and Rest of the World).
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Market Dynamics
- The cosmetic and oral segment depicted considerable growth owing to the significant rise in the application of various types of tubes, such as plastic tubes, and aluminum tubes in the cosmetic industry.
- North America is projected to hold a significant share attributed to the rising demand for easily moldable tube packaging across the cosmetic and personal care industry in the region, coupled with an increased per capita consumption in the major countries including the US and Canada. In addition, the production of high-end pharmaceutical packaging solutions is contributing significantly to the regional market growth.
- Additionally, Asia-Pacific is projected to hold a significant market share driven by the increasing application of tube packaging in the cosmetic & oral care and food & beverages industries in the region. Additionally, the increasing application of flexible plastic packaging in pharmaceutical, food & beverage, and personal care products across the region including China and India. Furthermore, rising disposable income, rising urbanization, and the growing organized retail sector are driving market growth across the region.
The major players in the global tube packaging market include Albéa Services S.A.S., CCL Industries Corp., Hoffmann Neopac AG, Huhtamäki Oyj, ALLTUB SAS, Amcor PLC, IntraPac International LLC, and others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
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Recent Developments
- In October 2024, Neopac introduced itsnew Polyfoil® Mono-Material Barrier (MMB) Mini tubes at CPHI Milan. The tubes are available in downsized diameters of 13.5-16mm, and feature high-barrier mono-material solutions. These provide an aluminum-free packaging solution for products including pharmaceutical, dental, and ophthalmic formulations. They offer an Oxygen Transmission Rate (OTR) barrier for product compatibility. Polyfoil® MMB Mini tubes allow the use of HDPE closures.
- In May 2023, Stora Enso in collaboration with Blue Ocean Closures and AISA developed the first ever paperboard tube with a fiber-based closure. It would be made of a wood fiber-based material and aims to increase the use of renewable materials in packaging. The tube features Stora Enso’s barrier-coated board material Natura Shape™ and a screw cap designed in collaboration with Blue Ocean Closures with assembly by AISA. The solution contains more than 85% fiber content.
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