Dublin, April 24, 2023 (GLOBE NEWSWIRE) -- Maximize Market research, a global Packaging market research firm, has published a competitive intelligence market research report on “Tube Packaging Market”. The Tube Packaging market size was valued at USD 9.9 Bn in 2022. The total Tube Packaging Market revenue is expected to grow at a CAGR of 17.8 percent from 2023 to 2029, reaching USD 36.71 Bn during the forecast period.
| Market Size in 2022 | USD 9.9 Bn |
| Market Size in 2029 | USD 36.71 Bn |
| CAGR | 17.8 percent (2022-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 265 |
| No. of Tables | 129 |
| No. of Charts and Figures | 121 |
| Segment Covered | By Product, Type, Application |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/34552
Tube Packaging Market Scope and Research Methodology
The research methodology for analyzing the Tube Packaging market involves both primary and secondary research. The primary research involves collecting data through surveys, interviews, and focus group discussions with key industry players, suppliers, and end-users. The secondary research involves collecting data from various sources such as company websites, annual reports, industry journals, and databases. The scope of the Tube Packaging market includes the analysis of market size, growth, trends, and opportunities across different regions such as North America, Europe, Asia-Pacific, and Rest of the World. The market size is measured in terms of revenue generated by the Tube Packaging industry. The collected data was analyzed using various statistical tools such as regression analysis, correlation analysis, and market trend analysis to derive insights on market size, growth, trends and opportunities. The report also includes a SWOT analysis of key players in the Tube Packaging market, competitive landscape analysis, and market segmentation analysis based on Product, Type and Application.
Tube Packaging Market Overview
The Tube Packaging market is a rapidly growing segment of the packaging industry. Tube Packagings are cylindrical containers made of materials such as plastic, aluminum, and paperboard, and are widely used for packaging a variety of products including cosmetics, pharmaceuticals, food, and industrial products. The growing demand for sustainable and eco-friendly packaging materials, coupled with the increasing demand for innovative and convenient packaging solutions, is driving the growth of the Tube Packaging market.
Increasing demand for cosmetic and personal care products is expected to fuel the Tube Packaging Market growth
One of the primary factors is the growing awareness among people about the importance of maintaining good personal hygiene and grooming habits. With the rise of social media and the fashion and beauty industry, people are becoming more conscious about their appearance and are willing to invest in products that can help them look and feel good. Another factor is the increasing disposable income of people, which allows them to spend more money on luxury items such as cosmetics and personal care products.
Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/34552
Additionally, the increasing number of working women has also led to a rise in demand for these products as they require them to maintain a professional appearance. Moreover, advancements in technology and the availability of a wide range of products catering to different skin and hair types have also contributed to the growth of the cosmetic and personal care industry. With more and more people looking for customized solutions for their specific needs, companies are constantly innovating and launching new products to cater to these demands.
North America region is expected to fuel the Tube Packaging Market growth
North America is expected to be one of the key regions driving the growth of the Tube Packaging market. The increasing demand for Tube Packagings can be attributed to several factors, including the growing demand for consumer goods, the rise in e-commerce sales, and the increasing demand for sustainable packaging solutions.
North American region has witnessed a significant rise in e-commerce sales, which has led to an increase in the demand for Tube Packagings. Tube Packagings are a popular choice for e-commerce packaging as they are lightweight, durable, and easy to transport. Additionally, the rise in demand for sustainable packaging solutions has also led to an increased adoption of Tube Packagings in the region.
Tube Packaging Market Segmentation
Based on Product, plastic segment is expected to hold dominant position in Tube Packaging Market during the forecast period
Plastic Tube Packagings are expected to hold the dominate position, owing to their durability, flexibility, and cost-effectiveness. Plastic Tube Packagings are widely used in the packaging industry due to their lightweight, flexibility, durability, and cost-effectiveness. They are commonly used for packaging a variety of products such as cosmetics, personal care products, pharmaceuticals, and food products.
Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/34552
One of the advantages of plastic Tube Packagings is that they can be easily shaped into different sizes and shapes, making them ideal for various packaging needs. Additionally, plastic Tube Packagings are a popular choice because they offer a wide range of printing options, including high-quality printing and labeling. The plastic Tube Packagings are recyclable, which makes them a more sustainable packaging option compared to other materials. With the increasing focus on sustainability and eco-friendliness, the demand for plastic Tube Packagings is expected to grow in the future.
By Product:
- Plastic
- Aluminum
By Type:
- Twist
- Squeeze and Collapsible
By Application:
- Food and Beverage
- Personal and Oral Care
- Pharmaceutical
- Cleaning Products
Tube Packaging Market Key Players Include:
- Essel Propack
- Amcor
- CCL Industries
- Albea Americas
- Tuboplast North America Neuropace
- Hoffmann Neopac AG
- Linhardt GmbH & Co. KG
- Montebello Packaging
- PackSys Global AG
- Alltub Group
- Huhtamaki (China) Ltd.
- Guangzhou Amy Plastic Tube Co., Ltd.
- Zhongshan San Ying Packaging Products Co., Ltd.
- Beauty Star Co., Ltd.
- Shanghai SUNWIN Industry Group Co., Ltd.
- Essel Propack
- Piramal Glass
- MPack
- Antilla Propack
- Axium Packaging Pvt Ltd
- Nihon Matai Co., Ltd.
- Nihon TUBE PACKAGING Co., Ltd.
- Sumitomo Heavy Industries, Ltd.
Essel Propack:
Essel Propack is a global leader in the production of laminated plastic tubes used in packaging for a variety of products, such as personal care, food, pharmaceuticals, and industrial applications. Their Tube Packagings are designed to protect and preserve the contents inside
CCL Industries:
CCL Industries is a leading manufacturer of specialty packaging and labeling solutions, including Tube Packagings. Tube Packagings are cylindrical containers made from materials such as plastic, aluminum, or paperboard, and are commonly used for packaging products such as cosmetics, pharmaceuticals, and food.
Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/34552
Key questions answered in the Tube Packaging Market are:
- What is Tube Packaging?
- What was the Tube Packaging market size in 2021?
- What is the expected Tube Packaging market size by 2029?
- What is the growth rate of the Tube Packaging Market?
- Which are the factors expected to drive the Tube Packaging market growth?
- Which factors are expected to restrain the Tube Packaging market growth?
- Which segment dominated the Tube Packaging market growth?
- What is the demand pattern for the Tube Packaging market?
- Which region held the largest share in the Tube Packaging market?
- Who are the key players in the Tube Packaging market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product, Type and Application
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Packaging research firm, has also published the following reports:
Collapsible Tubes Packaging Market: The Market size was valued at 1.05 Mn in 2022 and the total revenue is expected to grow at 7.26 percent through 2022 to 2029, reaching USD 1.72 Mn. The increase in disposable income and the increasing prevalence of various diseases are driving the development of the cosmetics and pharmaceutical industries.
Lotion Tubes Packaging Market: The Market was valued at USD 3.16 Bn. in 2022 and is expected to reach USD 4.89 Bn. by 2029, at a CAGR of 6.4 percent during a forecast period. Increasing expansion of cosmetic industry around the globe, which is propelling the global Lotion Tubes Packaging Market growth across the globe.
Reusable Packaging Market: The total market size was valued at USD 103.95 Bn in 2021 and is expected to reach USD 159.54 Bn by 2029 at a CAGR of 5.5 percent during the forecast period. The increase in demand for sustainable packaging, which reduces waste and has a lower carbon footprint, is expected to drive market over the forecast period.
Polymer Fillers Market: The Market was valued at USD 54.12 Bn. in 2021 and is estimated to grow at a CAGR of 4.92 percent reaching USD 79.47 Bn over the forecast period. The polymer fillers market is driven by the growing end-use industries across the globe.
Composite Cardboard Tube Packaging Market: The Market size was value at USD 3.34 Bn in 2022 and is expected to reach USD 5.06 Bn. by 2029 to exhibit a CAGR of 6.1 percent during a forecast period. The major driving factor to the growth of the global composite cardboard tube packaging market is the demand from manufacturers for remarkable and striking branding.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
