Global Laminated Tubes Market, By Product Type (Plastic Barrier Laminate (PBL) Tubes, Aluminum Barrier Laminate (ABL) Tubes), Capacity (Less than 50ml, 50 ml to 100 ml, 101 ml to 150 ml, Above 150 ml), End-Use (Cosmetics, Oral Care, Commercial, Pharmaceuticals, Home and Other Personal Care, Food, Others), Cap Type (Stand-up Cap, Nozzle Cap, Fez Cap, Flip Top Cap, Other Caps) – Industry Trends and Forecast to 2029
Market Analysis and Size
Since the past few years, laminated tubes have become more popular because they combine the advantages of plastic and metal. High-volume items such as toothpaste were typically packaged in laminated tubes. However, these tubes are currently used in various industries, from cosmetic and pharmaceutical goods to acrylic oil paints and adhesives. As a result, with these aforementioned determinants, the market is anticipated to witness huge growth across the globe.
Global Laminated Tubes Market was valued at USD 566.16 million in 2021 and is expected to reach USD 1570.26 million by 2029, registering a CAGR of 13.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Plastic Barrier Laminate (PBL) Tubes, Aluminum Barrier Laminate (ABL) Tubes), Capacity (Less than 50ml, 50 ml to 100 ml, 101 ml to 150 ml, Above 150 ml), End-Use (Cosmetics, Oral Care, Commercial, Pharmaceuticals, Home and Other Personal Care, Food, Others), Cap Type (Stand-up Cap, Nozzle Cap, Fez Cap, Flip Top Cap, Other Caps)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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EPL Limited (India), ALBEA (France), Berry Global Inc. (U.S.), CCL Industries. (Canada), MONTEBELLO PACKAGING (Canada), TUBOPRESS ITALIA S.R.L. (Italy), LINHARDT GmbH & Co. KG (Germany), Hoffmann Neopac AG (Switzerland), Recision Concepts International (U.S.), Huhtamaki (Finland), Lajovic Tuba (Slovenia), TUBAPACK, (Slovakia), Pirlo Holding GmbH (Austria), Bergen Plastics (Norway) and Burhani Group of Industries (Pakistan)
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Market Opportunities
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Market Definition
Laminated tubes (PFPE) is a low-molecular-weight fluorinated synthetic fluid. Laminated tubes is non-toxic and nonflammable in their natural state. It is utilized in severe temperatures ranging from 80°C to 200°C. PFPE's molecular structure might be linear, branched, or a combination of both, depending on the application. Temperature resistance, lubricity, wear resistance, and fluid volatility are all provided by PFPE.
Laminated Tubes Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Laminated Tubes Possess Beneficial Features
Laminated tubes' expanding range of uses can be due to their formidable barrier resistance. The barrier strength of the plastic material employed in the laminated tubes is comparable to that of alumina. Laminated tubes prevent air, moisture, and intense light from coming into contact with the product being stored, which could cause it to lose its quality and become unusable. As a result, the demand for laminated tubes is anticipated to increase globally by a factor of two over the forecast period.
The increasing awareness about the advantage of using lubricant-based products due to their corrosion resistant, nonflammable, and nontoxic properties will further propel the growth rate of laminated tubes market. Additionally, the growth in trade by air transportation will also drive market value growth. The expansion of the automotive industry and the increase in defense budgets are other market growth determinants projected to bolster the market's growth.
Opportunities
- Increased High-Quality Product Demand and Surging Investments
Furthermore, increased consumers' demands for products of high quality and perceived value extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing investments by the key players for the product development and material level innovations to maintain their lead will further expand the future growth of the laminated tubes market.
Restraints/Challenges
- Stringent Regulations
The stringent regulations regarding the usages of plastic will create hindrances for the growth of the laminated tubes market.
- Supply Chain Disruptions
With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply. Also, the fluctuations in the prices of raw materials will prove to be a demerit for the laminated tubes market. Therefore, this will challenge the laminated tubes market growth rate.
This laminated tubes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the laminated tubes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Laminated Tubes Market
The recent outbreak of coronavirus had a significant impact on the laminated tubes market. Consumers have been seen to be increasingly concerned with safety and upholding proper hygiene practices. The preference for safe, secure, dependable, and hygienic pharmaceutical packaging has grown as a result of the COVID-19 outbreak. During the pandemic, makers of laminated tubes created new laminated tube hand sanitizers to meet the rising demand for hand sanitizers and sprays. For instance, Cleansing hand gel, as well as laminated tubes for hand sanitizer, lotions, and hand soap, were introduced in April 2020 by Albea S.A., the manufacturer of laminated tubes.
Additionally, the people are now more concerned about their health, hygiene, and cleanliness as a result of the pandemic. As a result, there is now a greater need for antiseptic creams, gels, and ointments packaged in laminated tubes, which presents prospects for market growth. Additionally, increased awareness of oral hygiene is anticipated that the market for oral care laminating tubes will continue to rise steadily.
Recent Development
- In December 2020, EPL Limited won acclaim on a global scale for their Platina Tube with an HDPE closure. The Platina is the first totally sustainable and recyclable tube, cap, and shoulder included.
- In June 2021, To establish sustainability in the oral care market, EPL Limited has teamed with Uniliver. According to Unilever APR, the EPL Ltd. will provide the toothpaste category Platina Tubes, which have been fully sustainable and entirely recyclable. Platina Tube, a brand of EPL Ltd. enterprises, is a 100% sustainable and recyclable tube (The Association of Plastic Recyclers)
Global Laminated Tubes Market Scope
The laminated tubes market is segmented on the basis of product type, capacity, end-use and cap type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Plastic Barrier Laminate (PBL) Tubes
- Aluminum Barrier Laminate (ABL) Tubes
Capacity
- Less than 50ml
- 50 ml to 100 ml
- 101 ml to 150 ml
- Above 150 ml
End-Use
- Cosmetics
- Oral Care
- Commercial
- Pharmaceuticals
- Home and Other Personal Care
- Food
- Others
Cap Type
- Stand-up Cap
- Nozzle Cap
- Fez Cap
- Flip Top Cap
- Other Caps
Laminated Tubes Market Regional Analysis/Insights
The laminated tubes market is analyzed and market size insights and trends are provided by country, product type, capacity, end-use and cap type as referenced above.
The countries covered in the laminated tubes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the growth of the cosmetics industry within the region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rising demand of sustainable and innovative packaging in India, and China in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Laminated Tubes Market Share Analysis
The laminated tubes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to laminated tubes market.
Some of the major players operating in the laminated tubes market are
- EPL Limited (India)
- ALBEA (France)
- Berry Global Inc. (U.S.)
- CCL Industries. (Canada)
- MONTEBELLO PACKAGING (Canada)
- TUBOPRESS ITALIA S.R.L. (Italy)
- LINHARDT GmbH & Co. KG (Germany)
- Hoffmann Neopac AG (Switzerland)
- Recision Concepts International (U.S.)
- Huhtamaki (Finland)
- Lajovic Tuba (Slovenia)
- TUBAPACK, (Slovakia)
- Pirlo Holding GmbH (Austria)
- Bergen Plastics (Norway)
- Burhani Group of Industries (Pakistan)
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