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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global tube packaging market size is expected to reach USD 49.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. Growing demand for cosmetics and personal care products is likely to create robust demand for the market over the anticipated years. Increasing demand for convenient packaging, especially in the pharmaceutical industry, due to its efficiency to prevent microbial growth and oxidation of the ointment/cream will propel the growth of the market over the forecast period. For instance, Soframycin, an antibiotic to treat bacterial inflammations, is usually packed in an aluminum tube to give a better control to the user while applying it and also increases the shelf life of the chemical composition of the ointment. Availability of effective technologies for the manufacturing of plastic, aluminum, and paper tubes based upon the industry/material requirement has contributed to the growth of the market in recent years. Use of tubes as a packaging material helps improve the shelf life of the material by offering larger protection against bacteria and other micro-organisms, thereby augmenting the demand of the material in the global market. For instance, Fevikwik is a super glue manufactured by Pidilite, which uses an aluminum tube packing of 3 grams for distribution. The aluminum tube can bear the reactiveness of the chemicals present in the glue and hence, is a suitable choice of packaging than any other resources available. Plastic held a share of 40.2% in 2018 and is expected to witness substantial growth over the forecast period. Plastic is amongst the most used resources for the manufacturing of tubes across various industries. Thus, with the rise in population, a cheaper resource for packaging is necessary on a large scale. This has encouraged many FMCG companies across the globe to package and distribute their products such as toothpaste, face creams, and ketchups by automating their assembly lines for mass production. Due to growing environmental concerns regarding water and soil pollution, BPA free plastics are used for packaging, which can be recycled with minimum efforts. For instance, MPack Poland provides eco-friendly tubes for packaging to major manufacturers in cosmetics, household chemicals, and pharmaceutical companies in the Europe market. The pharmaceutical industry that belongs to the healthcare category is also driving the demand for tube packaging, especially for medicines that are used in dermatology. Tube packaging is extensively used for ointments with anti-bacterial, anti-fungal, and anti-inflammatory properties. In 2018, the global pharmaceutical sales were USD 110 billion according to AstraZeneca and hence, the growth of the pharmaceutical sector is expected to augment the demand for tubes and bottles packaging, particularly in this sector. Europe held the largest market share in 2018. Growing trends in cosmetic and pharmaceutical products and increasing consciousness regarding health and hygiene in this region are driving the tube packaging market, especially in the consumer goods segment. Improving lifestyle and living standards in developing countries like India and China is a major factor for the market growth in these countries. Key players in the market include Sonoco Products Company, Essel Propack, Visipak, Huhtamaki OYJ, Amcor Limited, Albea Group, Montebello Packaging, Unette Corporation, and Worldwide Packaging. For instance, in March 2018, Amcor and SIG partnered for aluminum sourcing. The collaboration aimed at ensuring the supply chain of aluminum foil meets the statutes of the Aluminum Stewardship Initiative (ASI). Further key findings from the report suggest: • In terms of revenue, North America is projected to reach a value of USD 12.0 billion by 2025 • By material, plastic held 40.2% share of the total revenue in 2018 and is projected to exhibit significant growth over the coming years • APAC is the fastest growing region, expanding at a CAGR of 7.6% over the forecast period. This trend is projected to continue over the forecast period • Demand for tube packaging is increasing in U.K., Germany, South Africa, and India due to high domestic consumption, expanding global population, increasing per capita income, and presence of leading manufacturers • The tube packaging industry is highly competitive in nature with the major players including Sonoco Products Company, Essel Propack, Visipak, Huhtamaki OYJ, Amcor Limited, and Albea Group.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Tube Packaging Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Tube Packaging Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Material Adoption
4.4. Observations & Recommendations
Chapter 5. Tube Packaging Market: Material Estimates & Trend Analysis
5.1. Material Movement Analysis & Market Share, 2018 & 2025
5.2. Aluminum
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.3. Plastic
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.4. Paper
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Tube Packaging Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2018 & 2025
6.2. Personal care
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.3. Healthcare
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.4. Others
6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Tube Packaging Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.2.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.2.4.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.4.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.5.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.4. APAC
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.4.4. India
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.4.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.4.5. China
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.5.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.5. CSA
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.5.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
7.6. MEA
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.6.2. Market estimates and forecast, by material, 2015 - 2025 (USD Billion)
7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Sonoco Products Company
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Material Benchmarking
9.1.4. Strategic Initiatives
9.2. Essel Propack
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Material Benchmarking
9.2.4. Strategic Initiatives
9.3. Visipak
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Material Benchmarking
9.3.4. Strategic Initiatives
9.4. Huhtamaki OYJ
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Material Benchmarking
9.4.4. Strategic Initiatives
9.5. Albea Group
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Material Benchmarking
9.5.4. Strategic Initiatives
9.6. Montebello Packaging
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Material Benchmarking
9.6.4. Strategic Initiatives
9.7. Unette Corporation
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Material Benchmarking
9.7.4. Strategic Initiatives
List of Tables 1. Tube Packaging - Key market driver analysis 2. Tube Packaging - Key market restraint analysis 3. Global aluminum tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 4. Global plastic tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 5. Global paper tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 6. Global tube packaging market estimates and forecast, for personal care industry, 2015 - 2025 (USD Billion) 7. Global tube packaging market estimates and forecast, for healthcare industry, 2015 - 2025 (USD Billion) 8. Global tube packaging market estimates and forecast, for other industries, 2015 - 2025 (USD Billion) 9. North America tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 10. North America tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 11. North America tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 12. U.S. tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 13. U.S. tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 14. U.S. tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 15. Europe tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 16. Europe tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 17. Europe tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 18. Germany tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 19. Germany tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 20. Germany tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 21. U.K. tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 22. U.K. tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 23. U.K. tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 24. APAC tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 25. APAC tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 26. APAC tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 27. India tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 28. India tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 29. India tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 30. China tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 31. China tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 32. China tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 33. CSA tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 34. CSA tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 35. CSA tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 36. MEA tube packaging market estimates and forecast, 2015 - 2025 (USD Billion) 37. MEA tube packaging market revenue estimates and forecast by material, 2015 - 2025 (USD Billion) 38. MEA tube packaging market revenue estimates and forecast by application, 2015 - 2025 (USD Billion) 39. Vendor landscape
List of Figures 1. Tube packaging market snapshot 2. Tube packaging market segmentation & scope 3. Tube packaging market penetration & growth prospect mapping 4. Tube packaging supply chain analysis 5. Tube packaging market dynamics 6. Tube packaging market Porter's analysis 7. Tube packaging market: Material movement analysis 8. Tube packaging market: Application movement analysis 9. Tube packaging market: Regional movement analysis
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