How big is the Tube Packaging Market?

The Tube Packaging Market size is expected to reach USD 6.66 billion in 2024 and grow at a CAGR of 7.39% to reach USD 9.50 billion by 2029. Read More

What is the current Tube Packaging Market size?

In 2024, the Tube Packaging Market size is expected to reach USD 6.66 billion. Read More

Who are the key players in Tube Packaging Market?

Berry Global Group, Inc., Coveris Holdings SA, Amcor PLC, CCL Industries Inc. and Essel Propack Limited are the major companies operating in the Tube Packaging Market. Read More

Which is the fastest growing region in Tube Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Tube Packaging Market?

In 2024, the Asia Pacific accounts for the largest market share in Tube Packaging Market. Read More

What years does this Tube Packaging Market cover, and what was the market size in 2023?

In 2023, the Tube Packaging Market size was estimated at USD 6.20 billion. The report covers the Tube Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tube Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Tube Packaging Market - Trends, Share & Size

Tube Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Plastic Tube Packaging Market Growth and it is segmented by Type of Package (Squeeze, Twist, Stick, Cartridges), Material (Plastic, Paper, Aluminum), Application (Cosmetics & Toiletries, Healthcare & Pharmaceutical, Food, Homecare), and Geography.

Tube Packaging Industry Overview

Thetube packaging market is highly fragmented due to the presence of a large number of players. Moreover, sustainable competitive advantage can be gained through innovation (design, technology, and application) and partnerships.In addition, there is a fairly high probability of new players entering the market studied, further intensifying the competition. Therefore, the market incumbents have been identified to adopt a powerful competitive strategy, characterized by acquisitions, mergers and acquisitions, and a strong emphasis on R&D.Some key market players in the market are Amcor, Bemis, Tetrapack among others.Some key recent developments in the market include:

March 2018 -Packaging companies, Amcor and SIG, partnered for aluminum sourcing. The collaboration aimedat ensuring the supply chain of aluminum foil meets the statutes of the Aluminum Stewardship Initiative (ASI).
February 2018 -Berry Global Group, Inc. acquired the Clopay Plastic Products Company, Inc. a subsidiary of Griffon Corporation for USD 475 million in cash on a debt-free, cash-free basis. The acquisition of Clopay is directly aligned with the company’s fundamental strategic initiatives.