The Biopolymer Tubes Market is projected to experience substantial growth, with a Compound Annual Growth Rate (CAGR) of 7.5%-8% between 2021 and 2031. Sales of Biopolymer Tubes are expected to reach billions of units during this period.
The packaging industry’s focus on innovation and environmental sustainability has led to the adoption of biopolymers as an eco-friendly alternative to oil and chemical-based polymers. Biopolymers, such as Bio-based PE, Starch Blends, and PLA, are gaining popularity among manufacturers and end-users in industries like cosmetics, pharmaceuticals, household, and more.
These biopolymers are used to manufacture tubes that package various products, including creams, gels, shampoos, lotions, and oral care products. While they do not biodegrade, their 100% recyclability makes them a sustainable packaging solution.
The global biopolymer tubes market is expected to witness exponential growth due to the increasing demand for biodegradable packaging solutions. Consumers are increasingly seeking eco-friendly alternatives to reduce environmental impact. Stringent laws and regulations against single-use and oil-based plastics further drive the demand for biopolymer tubes.
Biopolymers offer similar properties to oil-based polymers in terms of strength and durability, making them an attractive choice for packaging solutions while reducing carbon footprints.
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The rise in demand for personal care, skincare, and oral care products, commonly packaged in tubes, also contributes to the growth of the biopolymer tubes market. Overall, the demand for biopolymer tubes is set to be positively impacted by these factors, leading to significant market growth.
Key Factors Driving Growth of Biopolymer Tubes Market:
- Growing demand for bio-degradable packaging solutions among environmentally conscious consumers.
- Stringent regulations against single-use and oil-based plastics.
- Biopolymers offering strength and durability while reducing carbon footprints.
- Increasing demand for personal care, skincare, and oral care products packaged in tubes.
The above-mentioned factors are expected to fuel the expansion of the global biopolymer tubes market over the forecasted period
Key Market Players of Biopolymer Tubes Market
- Raepak Ltd
- Maynard & Harris Plastics
- BodyPak
- Arkema
- Biome Bioplastics Limited
- CCL Industries
- LAGEENTUBES
- Albea Group
- ALPHA PACKAGING
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Global Biopolymer Tubes Market Segmentation
Segmentation based on Material:
- Bio-Based PE (Polyethylene)
- Starch Blends
- PLA (Polylactic Acid)
- Bio-Based PET (Polyethylene Terephthalate)
Segmentation based on Capacity:
- Less than 50ml
- 50ml-100ml
- 101ml-150ml
- Above 150ml
Segmentation based on the End Use:
- Cosmetics
- Oral Care
- Personal Care
- Household
- Pharmaceutical
- Others
Segmentation based on Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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