The global collapsible tubes are cylindrical, hollow pieces made from plastic, aluminum, or other metals. One end of the tube is sealed by folding or welding a portion of the tube and the other end consists of an orifice for dispensing the fluid product. The orifices are shaped in numerous shapes and sizes including round, nozzle shaped among others according to the requirements. This orifice can be closed by various parts including caps, stand up caps, closures, and nozzles among others. Collapsible tubes are widely utilized by manufacturers of cosmetics, pharmaceuticals, and food among others for packaging numerous viscous fluids including paint, toothpaste, caulk, adhesive, and ointments among others. The growing pharmaceutical and cosmetic industries are expected to boost product demand.
Plastic is widely used by the packaging industry owing to its properties and versatility. However, the negative effects on the environment have always hampered the markets that are directly or indirectly connected to the plastic industry. Rising awareness of the negative effects has resulted in the implementation of strict regulations to regulate the processing and production of plastic. The majority of countries are implementing numerous regulations to reduce environmental effects. As a result, numerous market players are investing to find alternatives to plastic with less or no environmental damage. Some of the products that are currently used as an alternative to plastic are plant-based plastics, mushroom roots, shower-friendly paper, and wood pulp cellophane among others. In addition to this, the growing trend of collecting recyclable plastics is also observed globally which is expected to bolster the demand for collapsible tubes.
Aluminum is also used to produce collapsible tubes as it is highly malleable. Aluminum is beaten into sheets and then rolled to form a hollow, cylindrical shape which is further transformed into a collapsible tube. Aluminum is an extensively used metal for numerous applications including automotive, construction, power generation, aerospace, commercial transportation, and consumer durables industries. Owing to the wide application scope of aluminum, the demand for this metal is habitually considered as a proxy for the financial growth and more precisely, for industrial growth.
Moreover, the demand and price of aluminum have a significant impact on the collapsible tube packaging market. For the aluminum industry, electricity is the most crucial raw material due to the energy-intensive manufacturing process of aluminum. A decline in crude prices creates a spiral effect on other energy sources. Decreased energy prices can lead to a decrease in electricity prices. With the decline in the raw material prices, aluminum companies and their clients tend to bargain for lower prices.
Collapsible tubes are available in the market in different sizes ranging from 3ml to 300ml. The product filled in collapsible tubes can be dispensed in numerous ways depending on the viscosity of the product to be dispensed. Most of the collapsible tubes are designed in such a way that the product can be dispensed with hand pressure, however, some collapsible tubes require tube key to dispense the product and roll them up.
The collapsible tube packaging market is expected to witness healthy growth owing to increasing consumer preference for sustainable, safe, and convenient packaging solutions globally. In addition to this, increasing disposable income tends to influence the purchase decisions of the consumers, in turn, boosting product demand.
An increasing number of health care initiatives including campaigns, promotions, health awareness programs are observed globally owing to rising instances of chronic diseases including atherosclerosis, heart diseases, obesity, diabetes among others. In addition, rising disposable income coupled with busy routines has led to consumers adopting unhealthy and carefree lifestyles augmenting the demand for pharmaceutical products. As a result, the pharmaceutical industry is witnessing swift growth, which, in turn, elevates the demand for collapsible tubes packaging products.
The collapsible tube packaging market is expected to grow further owing to the rapid growth of the personal care industry. Collapsible tubes are sustainable packaging solutions and easy to use. Collapsible tubes are widely used by the rapidly growing cosmetics industry owing to rising disposable income. Based on region, the collapsible tube packaging market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The collapsible tube packaging market is expected to grow significantly in emerging economies including China, India, and Japan among others. The market is highly explored in the European region and is expected to grow at a slower rate as compared to the Asia Pacific.
The collapsible tubes packaging market is described by the presence of both global and domestic players. However, the market is highly fragmented by a large number of players across the regions. The recycling of plastic and aluminum are expected to augment the demand for collapsible tubes, thereby creating growth opportunities for market players. Some of the key industry participants include The Berry Global Group, Inc., Amcor Limited, CCL Industries, Essel Propack Limited, VisiPak Inc., Constantia Flexibles, Sonoco Packaging Company, and Albea Group among others.
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
ESOMAR & Great Work to Place Certified
ISO 9001:2015 & 27001:2022 Certified
"The quality of research they have done for us has been excellent."
FDA, in particular, has relaxed the nutrition labeling of products which is expected to aid in increasing the distribution of packaged foods by restaurant operators leading to the optimum supply chain of products to consumers. Furthermore, food safety testing and processing industries are expected to function at full capacity owing to consumers stock-piling goods during the COVID-19 lockdown. The report will account for Covid19 as a key market contributor.