Global Collapsible Metal Tubes Market Major Segments And Future Opportunity Assessment 2033


Posted April 22, 2024 by SushmithaTBRC

The collapsible metal tubes market size is expected to see steady growth in the next few years. It will grow to $1.69 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%.

 
Overview and Scope
Collapsible metal tubes refer to the tubes that are made of metal or thermoplastic and thus prevent toxic gases, odors, and dust from entering, ensuring the natural quality of the product when closed. Collapsible tubes are composite containers used for storing and dispensing liquid formulations that have a paste-like consistency, such as cosmetics, pharmaceutical products, paint, adhesives, and ointments.

Sizing and Forecast
The collapsible metal tubes market size has grown steadily in recent years. It will grow from $1.35 billion in 2024 to $1.41 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in the pharmaceutical industry, expansion of the cosmetic and personal care industry, adoption of collapsible metal tubes in the food packaging sector, increased use of metal tubes in the adhesive and sealant industry, growing demand for food products.

The collapsible metal tubes market size is expected to see steady growth in the next few years. It will grow to $1.69 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to rising demand for sustainable and eco-friendly packaging solutions, growing popularity of tube packaging in the e-commerce sector, expansion of the paint and coatings industry, growing demand for flexible packaging solutions, shift towards lightweight material. Major trends in the forecast period include technological advancements in printing and labeling on metal tubes, adoption of innovative technologies, customization and personalization of collapsible metal tubes for branding, integration of smart packaging technologies in metal tubes, emphasis on recyclability and circular economy principles in tube design..

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Segmentation & Regional Insights
The collapsible metal tubes market covered in this report is segmented –
1) By Product Type: Twist Tubes, Squeeze Tube, Other Product Types
2) By Closure Type: Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Other Closure Types
3) By End-User: Home Care And Personal Care, Cosmetics, Industrial, Pharmaceutical, Other End-Users

North America was the largest region in the collapsible metal tube market in 2024. The regions covered in the collapsible metal tubes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing concern over plastic packaging globally contributed to the growth of the collapsible metal tubes market. The rising awareness and consumers’ preference towards sustainable options along with reducing plastic usage contributed to the growth of the market. For instance, in October 2024, according to Eurostat, a UK-based government statistical agency, the European Union produced approximately 188.7 kilograms of packaging waste per resident in 2021, marking an increase of 6.6% from the previous year's 177 kilograms. Therefore, the concern over plastic packaging, harming the environment and consumers preference towards reducing plastic waste increased demand for the collapsible metal tubes market in the historic period.

Key Industry Players
Major companies operating in the collapsible metal tubes market report are Auber Packaging Co. Ltd., Linhardt GmbH & Co KG Company, Universal Metal Products Inc., Antilla Propack Pvt. Ltd., PAKET Corporation, Albea UK Ltd., Alltub SAS, Montebello Packaging Inc., Jiujiang Deshun Adhesives Co. Ltd., Almin Extrusion Co. Pvt. Ltd., Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging Co. Ltd., D. N. Industries Pvt. Ltd., Pioneer Corp., Amcor Limited, CCL Industries Inc., China Aluminum Cans Holdings Limited, Colt's Plastics Co. Inc., Condensa SA, Constantia Flexibles Group GmbH, CTL Packaging USA, Essel Propack Limited, Excel Tubes & Cones Pvt. Ltd., Guangzhou Amy Plastic Tube Co. Ltd., Hoffmann Neopac AG, Huhtamaki Oyj, Impact International Pty Ltd., Intrapac International LLC, L'Oreal S. A., M&H Plastics Ltd., MPack Poland Sp. z o. o., Neopac Hungary Ltd., Ningbo Gidea Packaging Co. Ltd., Nordenia International AG, Pack-Tubes Ltd., Plastube Inc., Prutha Packaging Pvt. Ltd., Qosmedix Corp., Sibo Tube Group

The collapsible metal tubes market report table of contents includes:
1. Executive Summary
2. Collapsible Metal Tubes Market Characteristics
3. Collapsible Metal Tubes Market Trends And Strategies
4. Collapsible Metal Tubes Market - Macro Economic Scenario
5. Global Collapsible Metal Tubes Market Size and Growth

.....


31. Global Collapsible Metal Tubes Market Competitive Benchmarking
32. Global Collapsible Metal Tubes Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Collapsible Metal Tubes Market
34. Collapsible Metal Tubes Market Future Outlook and Potential Analysis
35. Appendix

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Tags collapsible metal tubes market , collapsible metal tubes market size , collapsible metal tubes market share
Last Updated April 22, 2024