Number of pages:
Parameters | Details |
---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD million |
Forecast Value (2028) |
USD million |
CAGR (2022 to 2028) |
% |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
The global tube packaging market is valued at USD 6.12 billion in 2016 and is expected to reach USD 12.49 billion by the end of 2026, growing at a CAGR of 7.4% between 2016 and 2026. Tube packaging is in widespread use for c anti-fungal preparations, balms, cosmetics, creams, dental products, ear preparations, gels, lotions, moisturizers, ointments, optical preparations, skin care products and even thick liquids. It is also used for solids as it offers a layer of protecting, preventing the contents from breakage. Packaging tubes are available in different range of sizes and shapes.
Tubes may be clear or opaque and come in a range of colors and a huge variety of closures. They come with flexible bottoms or rigid bottoms. Tube packaging is used for many applications including household products, cosmetics, toiletries, gifts, pharmaceuticals, food products. Clear tubes display the content, while opaque tubes offer more labeling and designing options. With the range of tubes and closure systems, it may be difficult to figure out which tube is right for your products. Screw-on caps, plugs, and cardboard or plastic tops are some of the examples of closure options in tube closure systems.
Asia Pacific is the largest tube packaging market both in terms of volume and revenue in 2016 and will remain as the fastest growing market in forecast period. Plastic tube packaging will grow rapidly as compared to aluminum and other tube packaging. The pharma and healthcare industry segment is anticipated to grow faster than other industy segment during forecast period in case of tube packaging. Tube packaging is user friendly, low cast product, eco-friendly, easy to handle and maintain, less bulky nature. Because of all these properties, manufacturers prefer tube packaging over other packaging like jar packaging and other.
Tube Packaging Market : Product Type
Tube Packaging Market : Application
Global Tube Packaging Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Tube Packaging Market:
Geographical analysis of Tube Packaging Market:
Tube Packaging Market Report delivers comprehensive analysis of :
Tube Packaging Market was valued at around USD million in 2021 & estimated to reach USD by 2028.
Tube Packaging Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
Yes, the report includes COVID 19 impact on the market.
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