Plastic Tube Market Experiences Remarkable Expansion: Top Manufacturers Aiming for 10% to 15% Market Share, Anticipating Sales Growth at a Projected 5.0% CAGR from 2021 to 2031.
The U.S. is set to play a significant role in the plastic tubes market, with substantial demand projected for the foreseeable future. The country is anticipated to hold an impressive 82.1% market share in North America through 2031. The export of 1,009,271 tonnes of plastic tubes from the U.S. is driven by the rising demand for cosmetic products and the strong presence of leading cosmetics and beauty product manufacturers in the country. The launch of new cosmetics products and the preference for squeezable plastic tubes for gels, creams, lotions, and scrubs further contribute to the market’s growth. The rapid expansion of online shopping for cosmetic products in the U.S. is another significant factor boosting demand, as customers increasingly turn to online platforms for their beauty and cosmetic needs.
In the U.K. and Germany, the plastic tubes market is thriving, with Germany expected to account for approximately 25% of the market share by the end of 2021. The cosmetics industry is the primary market for plastic tubes in Europe, with squeezable plastic tubes offering opportunities for branding, design, and decorative features. The growing demand for cosmetic packaging, including plastic tubes, is driven by increasing disposable income and significant expenditures on beauty and lifestyle products in the U.K. and Germany, with the cosmetic products market in these countries reaching substantial valuations in recent years. This trend is expected to continue driving the plastic tubes market in both nations.
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Key Companies Profiled
- EPL Limited
- Albea S.A.
- Berry Global Inc.
- CCL Industries Inc.
- LINHARDT GmbH & Co. KG
- Huhtamäki Oyj
- Hoffmann Neopac AG
- Pirlo Holding GmbH
- CTL-TH Packaging SL
- Tubapack A.S.
- Antilla Propack Inc
Competitive Environment
The main producers of plastic tubes are concentrating on employing environmentally friendly materials, hygienic solutions, and a superb visual aesthetic look.
The producers are gradually substituting eco-friendly materials for plastic in order to lessen the impact on the environment and enhance the footprint of packaging solutions.
Leading companies are increasing their sales by combining sustainable materials with eco-design principles that use recycled materials, renewable resources, and product safety. Furthermore, they are concentrating on providing cutting-edge plastic tubes while also striving for strategic alliances with other businesses for sustainable tube packaging.
Vicco Labs and EPL Limited teamed up in November 2021 to develop the company’s line of turmeric products and introduce Vicco Turmeric’s sustainable tube packaging.
Increasing Consumption of Cosmetic Products Augment Plastic Tubes Sales
- Hygiene and Preservation: Plastic tubes offer excellent protection for cosmetic formulations. They prevent contamination, exposure to air, and the degradation of active ingredients, ensuring the products remain effective and safe for use.
- Portability: Plastic tubes are lightweight and compact, making them ideal for on-the-go consumers. Their ease of use and portability align with the modern lifestyle, where consumers seek convenience and efficiency.
- Sustainability: Many cosmetic brands are embracing sustainable practices and are choosing eco-friendly packaging options. Plastic tubes can be produced using recyclable materials, and they are often preferred over single-use plastic containers due to their lower environmental impact.
- Customization and Branding: Plastic tubes are highly customizable, allowing cosmetic companies to design packaging that reflects their brand identity. Vibrant colors, innovative designs, and various printing techniques enable brands to make a lasting impression on consumers.
- Versatility: Plastic tubes come in different shapes and sizes, making them suitable for a wide range of cosmetic products. From lip gloss to sunscreen, they can accommodate various formulations and textures.
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Plastic Tubes Market by Category
By Material :
- Polyethylene (PE)
- Polypropylene (PP)
- Polyamide (PA)
- Ethyl Vinyl Alcohol Polymer (EVOH)
- Polyethylene Terephthalate (PET)
- Others Materials
By Capacity :
- Less than 50 ml
- 51 to 100 ml
- 101 to 150 ml
- Above 151 ml
By Closure :
- Stand Up Cap
- Nozzle Cap
- Fez Cap
- Flip Top Cap
- Other Caps
By Application :
- Dental
- Cosmetic
- Pharmaceutical
- Food
- Commercial & Processing Applications
- Others
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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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