The tube packaging market is expected to grow from USD 12.02 billion in 2025 to USD 19.99 billion by 2034, at a CAGR of 5.82%. This growth is driven by the rising demand for convenient, eco-friendly packaging and improvements in packaging technology. The market is divided into product types (laminated, aluminum, and plastic), types (squeeze and collapsible, twist), and applications (personal care, food, healthcare, etc.). In 2024, the Asia Pacific region will hold the largest market share at 34.23%, with a strong growth rate of 7.83% during the forecast period. Key players in the market include Albéa Group, Berry Global, and Amcor. Competition is influenced by innovations in sustainable tube designs and the growth of e-commerce.
Recent Developments by Key Market Players
- May, 2024: Neopac declared that at its Wilson, North Carolina facility, it will launch a new range of cosmetic tubes. With improved capacity and capabilities, the latest-generation tube line can now produce an extra 70 million tubes annually, with diameters ranging from 25 to 40 mm and volumes from 15 to 150 ml. Furthermore, the company introduced Polyfoil Sensation, a brand-new product to its EcoDesign line. A barrier tube made especially for cosmetic purposes that are ready for recycling.
- March, 2024: Sonoma reached an achievement in its Tube Recycling Project by launching PlasticTubeRecycling.org, a website dedicated to outlining and illustrating the main features of recycling for plastic squeeze tubes.
- January, 2024: In an effort to reuse the tubes from house collection, Pringles introduced a new crisp tube with a paper base manufactured from recycled paper. There is a recyclable plastic top on the tube as well. The action, which has required an expenditure of £86 million (US$110 million) on novel technology, comes after the testing of a paper tube in the UK in 2020 and a steel can in Italy in 2019.
Tube Packaging Market Companies
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