The recorded market size of the global laminated tubes was approximately USD 1 billion in 2022, with a projected sustainable growth rate (CAGR) exceeding 6% from 2023 to 2030. In terms of geographical distribution, the Asia Pacific is foreseen to dominate, capturing the largest market share by the conclusion of the analysis period. This is attributed to the robust demand for pharmaceuticals, food, and personal care products in the region. A key driver for the substantial growth in the industry is the increasing demand for sustainable packaging solutions, coupled with the rising adoption of laminated rigid tubes.
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Market Dynamics:
- Sustainability: Consumers are increasingly demanding sustainable packaging solutions, and laminated tubes are gaining popularity due to their eco-friendly credentials. Made from a combination of plastic and aluminum or plastic and EVOH, laminated tubes are lightweight, recyclable, and offer superior barrier properties to protect products from environmental factors.
- Product Differentiation: Laminated tubes offer a versatile and customizable packaging solution, allowing brands to differentiate their products from competitors. The material’s ability to be printed with high-quality graphics and designs makes it an attractive choice for personal care, cosmetics, and pharmaceutical products.
- Mono-Material Tubes: The trend towards mono-material packaging is gaining momentum, driven by the desire for easier recyclability. Mono-material laminated tubes, made from a single type of plastic, are becoming increasingly available and are expected to gain significant market share in the coming years.
- Smart Packaging: The integration of smart packaging technologies into laminated tubes is an emerging trend that is poised for growth. Smart tubes can provide real-time information about product usage, shelf life, and tamper detection, enhancing consumer safety and convenience.
- Regional Expansion: The laminated tubes market is expanding beyond its traditional strongholds in Europe and North America to reach new markets in Asia-Pacific, Latin America, and Africa. This growth is being driven by rising consumer affluence, increasing urbanization, and growing demand for personal care and pharmaceutical products.
According to the recent report published by RC Market Analytics, the Global Laminated Tubes Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the laminated tubes market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the laminated tubes industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the laminated tubes market report comprises dedicated sections centering on the regional market revenue and trends. The laminated tubes market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Laminated tubes market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030.The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Laminated Tubes Market Segmentation:
By Product Type:
- Plastic Barrier Laminates (PBL)
- Ethylene Vinyl Alcohol (EVOH)
- Polyamide (PA)
- Polyester (PET)
- Aluminum Barrier Laminates (ABL)
By Capacity:
- Less than 50 ml
- 51 to 100 ml
- 101 to 150 ml
- Above 150 ml
By Cap Type:
- Stand-up Cap
- Nozzle Cap
- Fez Cap
- Flip Top Cap
By End-Use:
- Cosmetics
- Oral Care
- Commercial
- Pharmaceuticals
- Home and Other Personal Care
- Food
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Some of the prominent market players operating in the global laminated tubes market are Berry Global Group Inc., CCL Industries Inc., Huhtamäki Oyj, Albea S.A., Tubopress Italia S.R.L., Perfektup Ambalaj Sanayi Ve Ticaret AS, Hoffmann Neopac AG, Intrapac International Corporation, Alltub SAS, and CTL-TH Packaging SL.
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Key Questions Answered by Laminated Tubes Market Report:
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Laminated Tubes market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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