Global Laminate Tube Packaging Market size was valued at USD 5.9 Billion in 2024 and is expected to reach USD 11.6 Billion by 2033, at a CAGR of 7.6% during the forecast period 2024 – 2033.
Laminate Tube Packaging Market: Overview
Laminate tube packaging is a type of packaging composed of numerous layers of materials bonded together to form a flexible tube structure. These tubes are widely used to package a variety of consumer products, including cosmetics, medicines, food, and home goods.
An important global trend in laminate tube packaging is the growing need for sustainable and eco-friendly packaging options. This trend is being driven by increased consumer knowledge of environmental concerns and a shift towards more responsible purchasing habits.
As an outcome, producers and brands are increasingly using laminate tube packaging made from recyclable materials like aluminum and bio-based plastics, with benefits like decreased material consumption and enhanced recyclability.
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Furthermore, there is a growing desire for package designs that reduce environmental effects across the whole product lifetime, including manufacturing, distribution, and disposal. Moreover, legislative actions aimed at decreasing plastic waste and encouraging sustainable packaging practices are accelerating the global use of eco-friendly laminate tube packaging solutions.
In summary, the trend towards sustainability in laminate tube packaging reflects a broader industry shift towards more environmentally conscious business practices and consumer preferences.
By product type, aluminium barrier laminate segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Aluminium barrier laminate packaging is becoming more popular due to the rising need for lightweight, robust, and environmentally friendly packaging solutions. Aluminium barrier laminates provide excellent moisture, oxygen, and light barriers, preserving product freshness and increasing shelf life.
By end user, the cosmetics and personal care segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The cosmetics and personal care industry is moving towards clean and natural ingredients, ecological packaging, and personalized products. Consumers want transparency, environmentally responsible solutions, and customization to match their requirements and values.
CMI has comprehensively analyzed the Global Laminate Tube Packaging market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Laminate Tube Packaging industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Laminate Tube Packaging Market:
- Essel Propack Ltd.
- Albea Group
- Huhtamaki Oyj
- CCL Industries Inc.
- Berry Global Inc.
- Montebello Packaging Inc.
- Hoffmann Neopac AG
- Tubopress Italia Srl
- Linhardt GmbH & Co. KG
- Hubei Xin Ji Pharmaceutical Packaging Co. Ltd.
- Alltub Group
- Collapsible Tube Corporation
- Plastube Inc.
- IntraPac International Corporation
- Impact International
- Viva Group
- Kyodo Printing Co. Ltd.
- MPack
- Perfect Containers Pvt. Ltd.
- Aisa S.p.A.
- Others
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