The market for pump tubes is anticipated to grow at a CAGR of 5% to 6% from 2022 to 2032. Pump tubes Market are being more widely used in the personal care business, and the demand for technologically advanced packaging solutions in the cosmetics industry is likely to grow. Pump tubes are cylindrical packaging jars with pump dispensers attached to them.
These tubes shield the product inside the container from contamination thanks to their sophisticated airless dispensing technology, which prevents the product’s effectiveness from being compromised by gases like oxygen.
A detailed study on pump tubes market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global pump tubes market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales pump tubes in the coming 10-years.
Pump tubes are tubular packaging containers that have pump dispensers sealed on them. These tubes prevent the product placed inside the container from any contamination, owing to their advanced airless dispensing system that blocks ingestion of gases such as oxygen and maintains the effectiveness of the product.
How is North America Contributing to the Growth of the Pump Tubes Market?
As per FMI, North America is projected to exhibit growth at a rapid CAGR in the pump tubes market during the forecast period 2022-2032.
Rising emphasis on enhancing the usability of cosmetic and personal care products to offer a luxurious and sophisticated feel is fueling the demand for highly customizable and technology-oriented airless packaging solutions such as pump tubes across North America. Hence, leading players in the market are aiming on introducing novel products to capitalize on the existing opportunities.
Key Pump Tubes Market Takeaways and Projections
- The U.S. is expected to lead the North america pump tubes market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of pump tubes market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global pump tubes market. Some of the prominent market players are
- Silgan Holdings Inc.,
- Essel Propack Limited,
- Yangzhou Guanyu Plastic Tube Co. Ltd,
- Matsa Group,
- Guangzhou Lisson Plastic Co., Ltd.,
- Albéa S.A.,
- Viva Healthcare Packaging Ltd.,
- TA Plastics Tube Co.,
- Hoffmann Neopac AG,
- Quadpack Industries, S.A.,
- Guangzhou Jiangcai Package Co., Ltd.
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Key Segments Profiled in the Pump Tubes Market Survey
By Diameter of a Cap:
- Below 10 mm
- 20 mm – 40 mm
- Above 40 mm
By Tube Capacity:
- Below 50 ml
- 50 ml to 250 ml
- Above 250 ml
By Material of Caps:
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
By Material of Tubes:
- Polypropylene
- Polyethylene
- High Density
- Low Density
- Ethylene Vinyl Alcohol (EVOH)
By End User Industry:
- Cosmetics & Personal Care
- Pharmaceuticals
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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