Aluminum Tube Packaging Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 18, 2024 by mansi3210

Aluminum tube packaging market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period.

 
Aluminum tube packaging market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The growing demand for aluminum tubes due to its recyclable properties is expected to fuel the aluminum tube packaging market. The major demand for aluminum tubes for packaging is in cosmetics and pharmaceutical sectors due to which market players are focused to launch new packaging solutions in these sectors. For instance, in July 2021, Tubex Aluminum Tubes launched the monotube, which is a skin care packaging solution and made from entirely recycled aluminum. Ren Clean Skincare had chosen this monotube for its eco-smart serum samples. The monotube is made from 100 percent recycled aluminum out of which 95 percent is Post-Consumer Recycled (PCR) aluminum and 5 percent from Post-Industrial Recycled (PIR) material.


Aluminum has excellent barrier properties, and it is a durable material which can be recycled infinitely. Monotube minimizes carbon emissions and scores high on circularity. Globally, around 122 billion sachets are produced annually, in beauty and personal care industry which are usually burned or landfilled every year. Owing to which Ren Clean Skincare used monotube instead of sachets to boost zero waste pledge by using packaging which is designed for reuse. On account of shift from sachets to recyclable aluminum packaging tubes the market is project to grow during the forecast period.

To Request a Sample of our Report on Aluminum Tube Packaging Market: https://www.omrglobal.com/request-sample/aluminum-tube-packaging-market

Market Coverage

• The market number available for – 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Product

· By Cap Type

· By Vertical

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- ALLTUB, Almin Extrusion, American Brazilian Export Resources, Inc, Antilla Inc., Avdhoot Tube, ISHAN INDUSTRIES, LAGEENTUBES, LINHARDT GmbH & Co. KG, Matrix Packaging Machines and others.

Aluminum Tube Packaging Market by Segment

By Product

• Squeeze Tube

• Twist Tube

• Collapsible Tube

By Cap Type

• Flip Top Cap

• Nozzle Cap

• Standup Cap

By Vertical

• Cosmetic & Oral Care

• Food & Beverages

• Pharmaceutical

• Personal Care

• Others (Cleaning Products)

A full Report of Aluminum Tube Packaging Market is Available @ https://www.omrglobal.com/industry-reports/aluminum-tube-packaging-market

Aluminum Tube Packaging Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

• American Brazilian Export Resources, Inc

• Antilla Inc.

• Avdhoot Tube

• ISHAN INDUSTRIES

• LAGEENTUBES

• Matrix Packaging Machines

• Meta Tubex Pvt. Ltd.

• Neelam Global Pvt. Ltd.

• Oricon Enterprises Ltd.

• Perfect Containers Group

• Pharmaceutical Tubes

• PIONEER GROUP

• SHINING Aluminum Packaging

• Sona Extrusion Pvt. Ltd.

• Sonic Packaging Industries

• SR Packaging

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Categories Business , Industry , Manufacturing
Last Updated March 18, 2024