Press release
Global Concerns Over Plastic Packaging Boost Collapsible Metal Tubes Market: An Emerging Driver Transforming The Collapsible Metal Tubes Market Landscape
Collapsible Metal Tubes
What Is the Projected Growth of the Collapsible Metal Tubes Market?
The market size for collapsible metal tubes has been experiencing consistent growth in recent times. The market valuation is estimated to rise from $1.39 billion in 2024 to approximately $1.44 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.0%. The historic growth of this market is due to several factors such as the growth of the pharmaceutical industry, the expansion of the cosmetics and personal care sector, greater adoption of these tubes in food packaging, an increase in their usage in the adhesives and sealant industry, and a rising demand for food items.
Significant expansion is anticipated for the collapsible metal tubes market in the upcoming years, with predictions suggesting growth to $1.79 billion by 2029 at a compound annual growth rate (CAGR) of 5.6%. This expected growth in the forecasted period is due to various factors such as a rising demand for eco-friendly and sustainable packaging solutions, increased usage of tube packaging in the e-commerce sector, the burgeoning paint and coatings industry, growing need for flexible packaging solutions, and a shift towards lightweight materials. Key trends projected for this period include the advancement of printing and labeling technologies for metal tubes, uptake of innovative technologies, bespoke and personalized designs for branding on collapsible metal tubes, the incorporation of smart packaging technologies into metal tubes, and an enhanced focus on tube design principles that promote recyclability and a circular economy.
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What Are the Different Collapsible Metal Tubes Market Segments?
The collapsible metal tubes market covered in this report is segmented -
1) By Product Type: Twist Tubes, Squeeze Tube, Other Product Types
2) By Closure Type: Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Other Closure Types
3) By End-User: Home Care And Personal Care, Cosmetics, Industrial, Pharmaceutical, Other End-Users
Subsegments:
1) By Twist Tubes: Standard Twist Tubes, Custom Twist Tubes
2) By Squeeze Tubes: Standard Squeeze Tubes, Custom Squeeze Tubes
3) By Other Product Types: Spray Tubes, Specialty Tubes
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What Are the Primary Drivers Shaping the Collapsible Metal Tubes Market?
The escalating apprehension worldwide about the use of plastic packaging has played a significant part in the expansion of the collapsible metal tubes market. The growing consciousness and choice of consumers for more sustainable options, along with diminishing the use of plastic, have prompted the development of the market. For example, in January 2024, as reported by the Australia Institute (an Australian-based entity), residents of Australia annually use 3.8 million tonnes of plastic. This amount is similar to the weight of 72 Sydney Harbour Bridges. Projections suggest that this will increase to 9.7 million tonnes in the period of 2049-50. As such, anxiety about plastic packaging damaging the environment and the consumer inclination to decrease plastic waste led to increased demand for the collapsible metal tubes market in the historical period.
Which Companies Are Leading in the Collapsible Metal Tubes Market?
Major companies operating in the collapsible metal tubes market include Auber Packaging Co. Ltd., Linhardt GmbH & Co KG Company, Universal Metal Products Inc., Antilla Propack Pvt. Ltd., PAKET Corporation, Albea UK Ltd., Alltub SAS, Montebello Packaging Inc., Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging Co. Ltd., D. N. Industries Pvt. Ltd., Amcor Limited, CCL Industries Inc., China Aluminum Cans Holdings Limited, Colt's Plastics Co. Inc., Condensa SA, Constantia Flexibles Group GmbH, CTL Packaging USA, Essel Propack Limited, Excel Tubes & Cones Pvt. Ltd., Guangzhou Amy Plastic Tube Co. Ltd., Hoffmann Neopac AG, Huhtamaki Oyj, Impact International Pty Ltd., Intrapac International LLC, L'Oreal S. A., M&H Plastics Ltd., MPack Poland Sp. z o. o., Neopac Hungary Ltd., Ningbo Gidea Packaging Co. Ltd., Nordenia International AG, Pack-Tubes Ltd., Plastube Inc., Prutha Packaging Pvt. Ltd., Qosmedix Corp., Sibo Tube Group
What Are the Major Trends Shaping the Collapsible Metal Tubes Market?
The burgeoning emphasis on recycling is a significant trend that is capturing attention in the collapsible metal tube industry. Large enterprises within this sector are dedicated to formulating recyclable solutions tailored for collapsible metal tubes with the aim of minimizing waste and curbing pollution. To shed light on this, in May 2023, TUBEX Aluminium Tubes made remarkable strides towards sustainability. They introduced an innovative mono-material aluminum tube to the market, codenamed MonoRefill. This ground-breaking packing solution is crafted from 100% recycled aluminum, comprising up to 95% post-consumer recycled material. The MonoRefill has been engineered for refills, offering considerable waste reduction and promoting effortless recycling. The pioneering tube employs a singular alloy, enabling the entire tube's construction from one material and effectively negating the requirement for plastic caps.
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What Are the Top Revenue-Generating Geographies in the Collapsible Metal Tubes Market?
North America was the largest region in the collapsible metal tube market in 2024. The regions covered in the collapsible metal tubes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Collapsible Metal Tubes Market?
2. What is the CAGR expected in the Collapsible Metal Tubes Market?
3. What Are the Key Innovations Transforming the Collapsible Metal Tubes Industry?
4. Which Region Is Leading the Collapsible Metal Tubes Market?
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