Global Plastic Tubes Market Overview
The Plastic Tubes Market Size was estimated at 49.26 (USD Billion) in 2022. The Plastic Tubes Industry is expected to grow from 51.64(USD Billion) in 2023 to 78.93 (USD Billion) by 2032. The Plastic Tubes Market CAGR (growth rate) is expected to be around 4.83% during the forecast period (2024 - 2032).
Key Plastic Tubes Market Trends Highlighted
There are a number of trends in the plastic tubes market that are worthy of note. One of the main factors is the increasing need for tubes in pharmaceutical, cosmetic, and personal care packaging thanks to their portability, affordability and protection from the outside world. Moreover, increased focus on product innovation and personalization has resulted in higher demand for tubes that possess differentiating design and size attributes. The research paints another trend where there is a growing adoption of sustainable and environment-friendly materials in the production of tubes as more people are becoming environmentalists. Inevitably, there is a positive trend towards employing sophisticated technologies such as robotics and automation in production processes, which shorten lead times, thereby providing manufacturers with a business opportunity to meet the increasing demand for customized tubes.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic Tubes Market Drivers
Increasing Demand for Plastic Tubes in the Packaging Industry
The plastic tubes market is expected to witness significant growth over the next decade, driven by the increasing demand for plastic tubes in the packaging industry. Plastic tubes offer a number of advantages over traditional packaging materials, such as glass and metal, including their lightweight, durability, and cost-effectiveness. As a result, plastic tubes are increasingly being used to package a wide range of products, including food, beverages, cosmetics, and pharmaceuticals. The growth of the plastic tubes market is also being driven by the increasing demand for convenience packaging.Consumers are increasingly looking for products that are easy to use and transport, and plastic tubes offer a convenient and portable packaging solution. Plastic tubes are also ideal for products that need to be dispensed in small doses, such as toothpaste and cosmetics. In addition to the factors mentioned above, the growth of the plastic tubes market is also being driven by the increasing demand for sustainable packaging solutions. Plastic tubes are made from recyclable materials, which makes them an environmentally friendly packaging option.
As consumers become more aware of the environmental impact of their purchasing decisions, they are increasingly choosing products that are packaged in sustainable materials. Overall, the increasing demand for plastic tubes in the packaging industry, the growing demand for convenience packaging, and the increasing demand for sustainable packaging solutions are all contributing to the growth of the plastic tubes market.
Rising Disposable Income and Changing Lifestyles
Not only the awareness of environmental and plastic hazards but also rising disposable income and changing lifestyles of consumers in developing countries are factors that are expected to facilitate the growth of the plastic tube market. As consumers in these countries become wealthier, they tend to spend more on various consumer goods, including personal care products and cosmetics, which increases the demand for plastic tubes which are used for packaging such products.Also, the change in the lifestyle of consumers in developing countries is meant to boost the plastic tubes market growth, as consumers in these countries lead increasingly Western lifestyles, which include a higher focus on personal care and hygiene products, including toothpaste, shampoo, and conditioner that are packaged and sold in plastic tubes.
Technological Advancements and Innovations
Technological advancements and innovation are other major factor that is contributing to the growth of the plastic tubes market. Manufacturers are always developing new and innovative designs of plastic tubes that are more efficient and functional. For example, some manufacturers have developed plastic tubes with a tamper-evident feature that helps to protect the product from contamination. There are also some manufacturers that have developed plastic tubes with child-resistant features that help prevent children from accessing the product.This, in turn, makes the plastic tubes more appealing to consumers, and they demand more plastic tubes.
Plastic Tubes Market Segment Insights
Plastic Tubes Market Material Insights
Market development is attributed to the escalating requirement for plastic tubes in all businesses, including food and beverage, pharmaceutical, and personal care. The Material sector is a crucial part of the Plastic Tubes Market division. Polyethylene is the most widespread material applied to the manufacture of plastic tubes due to its minimal expense, suppleness, and excellent resistance properties. Polypropylene is another widely applied material for plastic tubes possessing exceptional chemical tolerance and temperature constancy. Ethylene Vinyl Alcohol is a high-performance material with an outstanding resistance property to gases and moisture and can be employed to pack very touchy products.Another material gaining popularity is Polyethylene Terephthalate, which boasts purity, recyclability, and resistance properties. Polyamide is an extremely hard-wearing material with high tensile strength and puncture tolerance, and it can be applied for the most sophisticated purposes. The selection of the material should be grounded on the nature of the product, packing, and costs.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic Tubes Market Closure Type Insights
The Closure Type segment of the Plastic Tubes Market is classified into Screw Caps, Flip-Top Caps, Push-In Plugs, Dispensing Closures, and Tamper-Proof Closures. The largest market share of more than 35% was held by Screw Caps in 2023. Screw Caps are a popular choice for packaging products requiring protection from contamination or leaking. Capable of being screwed tightly onto the tube, Screw Caps offer a secure and airtight seal. The second most widely used type of closure with a market share equivalent to more than 25% is represented by Flip-Top Caps.Easy to open and close, this type is also a customer-friendly one. The highest CAGR throughout the forecast period has been annotated for Push-In Plugs, which are expected to account for one-fifth of the total market share. As they are relatively cheap and easy to implement, Push-In Plugs are commonly used in the packaging of small products. The rest of the share will be equally distributed between dispensing and Tamper-Proof closures. The former type is used for products requiring careful dispensation and the latter – for those necessitating protection from tampering.
Plastic Tubes Market Usage Insights
The usage segment plays a crucial role in shaping the dynamics of the Plastic Tubes Market. Pharmaceuticals, a dominant segment, is anticipated to account for a substantial share of the market in 2023, valued at USD 15.34 billion. The segment's growth is driven by the rising demand for plastic tubes for packaging pharmaceutical products, such as ointments, creams, and gels. Cosmetics, another key segment, is projected to expand significantly, reaching USD 13.21 billion by 2032. The increasing popularity of cosmetics and personal care products has fueled the demand for plastic tubes for packaging applications.Food and industrial segments are also expected to contribute significantly to the market growth, with the former estimated to be worth USD 9.67 billion and the latter USD 7.32 billion in 2023. Household products, a smaller segment, is anticipated to maintain a steady growth trajectory, reaching USD 3.45 billion by 2032.
Plastic Tubes Market Diameter Insights
The Plastic Tubes Market is segmented based on diameter into Below 25 mm, 25-50 mm, 50-75 mm, and Above 75 mm. Among these segments, the 25-50 mm diameter segment held the largest market share in 2023, accounting for around 35% of the Plastic Tubes Market revenue. This is primarily attributed to the widespread use of plastic tubes in the pharmaceutical and personal care industries for packaging products such as toothpaste, ointments, and cosmetics. The Below 25 mm diameter segment is expected to witness significant growth over the forecast period due to the increasing demand for small-sized plastic tubes for packaging samples and single-use products.Additionally, the 50-75 mm and Above 75 mm diameter segments are projected to grow steadily, driven by the rising demand for plastic tubes in the food and beverage, industrial, and automotive industries.
Plastic Tubes Market Layer Structure Insights
Layer Structure Segment Insight and Overview The Plastic Tubes Market exhibits segmentation based on layer structure, encompassing Monolayer, Multilayer, Co-Extruded, and Laminated segments. In 2023, the Multilayer segment held a significant market share and is projected to maintain its dominance during the forecast period from 2024 to 2032. Multilayer tubes offer enhanced barrier properties, providing superior protection against moisture, oxygen, and other environmental factors, making them ideal for packaging sensitive products such as pharmaceuticals, cosmetics, and food items.The Laminated segment is anticipated to witness notable growth, driven by the increasing demand for high-performance tubes with customized designs and improved functionality. Laminated tubes provide excellent printability and graphics, enabling manufacturers to enhance brand recognition and product differentiation.
Plastic Tubes Market Regional Insights
The Plastic Tubes Market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest share of the market in 2023 and is expected to continue to dominate the market over the forecast period. The growth of the North American market is attributed to the presence of a large number of pharmaceutical and personal care companies in the region. Europe is the second-largest market for plastic tubes and is expected to grow at a steady pace over the forecast period. The growth of the European market is attributed to the increasing demand for plastic tubes from the pharmaceutical and cosmetic industries.APAC is the fastest-growing region for plastic tubes and is expected to continue to grow at a rapid pace over the forecast period. The growth of the APAC market is attributed to the increasing demand for plastic tubes from the pharmaceutical and personal care industries in the region. South America and MEA are expected to grow at a moderate pace over the forecast period. The growth of these markets is attributed to the increasing demand for plastic tubes from the pharmaceutical and personal care industries in the region.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic Tubes Market Key Players And Competitive Insights
The plastic tube market industry is witnessing significant developments in product innovations and new launches by major companies. Leading players operating in the Plastic Tubes Market are concentrating on adopting advanced manufacturing technologies to enhance their overall efficacy. Strong plastic tube market demand from the packaging, personal care, and pharmaceutical industries is expected to offer significant growth opportunities in the plastic tube market industry in the coming years. In addition, rising concerns among consumers about sustainable packaging solutions can boost the Plastic Tubes Market expansion. Amcor is one of the biggest players in the plastic tube market industry. The company has a strong presence in the pharmaceuticals, personal care, and food industries.
Amcor is eager to expand and innovate. It regularly launches new products. Moreover, Product quality and safety are paramount, so it invests a lot of money in its research and development departments and is interested in using only high-quality materials. Amcor has facilities in many countries, so it can easily respond to consumer needs and provide bulk orders. Berry is another sturdy player in the Plastic Tubes Market industry. The company has a production facility in India, where it mainly provides products for the pharma industry and a Good Manufacturing Practices certified plant. Offering a vast array of products for different industries, such as pharmaceuticals, cosmetics, and food, allows it to constantly develop and grow. As Berry is quite a big company, it also has facilities in different parts of the world. The company is linked to sustainable development, and it aims to reduce its impact on the planet, for example, by ensuring that new packaging is easier to recycle or made from recycled plastics.
Key Companies in the Plastic Tubes Market Include
-
Constantia Flexibles Group GmbH
-
Nordson Corporation
-
RPC Group Plc
-
AptarGroup Inc.
-
Berry Group Inc.
-
Winpak Ltd.
-
Silgan Holdings Inc.
-
Albéa Group
-
Greiner Packaging International GmbH
-
Tubex SAS
-
Jindal Poly Films Limited
-
Amcor plc
-
Huhtamaki Oyj
-
Essel Propack Limited
-
Retal Industries AG
Plastic Tubes Market Industry Developments
Recent developments in the Plastic Tubes Market include the growing adoption of sustainable packaging solutions, rising demand for convenience and portability, and technological advancements. These factors are expected to drive market growth in the coming years. Furthermore, the market is segmented based on material type, application, and region. In terms of material type, Polyethylene (PE) and Polypropylene (PP) are the dominant materials used in plastic tube manufacturing. By application, the market is divided into pharmaceuticals, cosmetics, personal care, and food & beverages. Geographically, Asia-Pacific is the largest market for plastic tubes, followed by North America and Europe. Major players in the market include Amcor, Albea, Berry Global, and Reynolds Group Holdings. Overall, the Plastic Tubes Market is expected to witness steady growth over the forecast period, with a focus on sustainability, convenience, and innovation.
Plastic Tubes Market Segmentation Insights
|
Report Attribute/Metric
|
Details
|
|
Market Size 2022
|
49.26(USD Billion)
|
|
Market Size 2023
|
51.64(USD Billion)
|
|
Market Size 2032
|
78.93(USD Billion)
|
|
Compound Annual Growth Rate (CAGR)
|
4.83% (2024 - 2032)
|
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
|
Base Year
|
2023
|
|
Market Forecast Period
|
2024 - 2032
|
|
Historical Data
|
2019 - 2023
|
|
Market Forecast Units
|
USD Billion
|
|
Key Companies Profiled
|
Constantia Flexibles Group GmbH, Nordson Corporation, RPC Group Plc, AptarGroup Inc., Berry Group Inc., Winpak Ltd., Silgan Holdings Inc., Albéa Group, Greiner Packaging International GmbH, Tubex SAS, Jindal Poly Films Limited, Amcor plc, Huhtamaki Oyj, Essel Propack Limited, Retal Industries AG
|
|
Segments Covered
|
Material, Closure Type, Usage, Diameter, Layer Structure, Regional
|
|
Key Market Opportunities
|
E-commerce growth, expanding healthcare sector, increasing demand for sustainable packaging, personalization and customization, emerging markets with high growth potential
|
|
Key Market Dynamics
|
Rising demand, technological advancements, sustainability concerns, flexible packaging product innovation
|
|
Countries Covered
|
North America, Europe, APAC, South America, MEA
|
Frequently Asked Questions (FAQ) :
The Plastic Tubes Market is expected to reach USD 78.93 billion by 2032, exhibiting a CAGR of 4.83% during the forecast period.
North America is expected to dominate the Plastic Tubes Market throughout the forecast period, owing to the increasing demand from the pharmaceutical and personal care industries.
Technological advancements, rising demand for convenience packaging, and the growing pharmaceutical industry are the major growth drivers of the Plastic Tubes Market.
Pharmaceutical and personal care applications account for the largest market share in the Plastic Tubes Market, driven by the increasing demand for safe and convenient packaging solutions.
Key competitors in the Plastic Tubes Market include Amcor, Berry Global, Huhtamaki, and Constantia Flexibles.
The Plastic Tubes Market is projected to grow at a CAGR of 4.83% from 2024 to 2032.
Environmental concerns and the rising adoption of sustainable packaging solutions may restrain the growth of the Plastic Tubes Market.
Sustainability, innovation, and technological advancements are the key trends shaping the Plastic Tubes Market.
The Plastic Tubes Market was valued at USD 51.64 billion in 2023.
The Plastic Tubes Market is projected to reach USD 78.93 billion by 2032.
