Global Squeezable Plastic Tubes Market Overview
As per MRFR analysis, the Squeezable Plastic Tubes Market Size was estimated at 3.6 (USD Billion) in 2022.
The Squeezable Plastic Tubes Market Industry is expected to grow from 3.78(USD Billion) in 2023 to 5.9 (USD Billion) by 2032. The Squeezable Plastic Tubes Market CAGR (growth rate) is expected to be around 5.07% during the forecast period (2024 - 2032).
Key Squeezable Plastic Tubes Market Trends Highlighted
The Squeezable Plastic Tubes Market is expected to grow due to the growing need for ease-of-use packaging in numerous industries, such as personal care, pharmaceuticals, food and beverages, and household items. The ease of use and portability of acrylic tubes has helped in the wide acceptance of the product. Furthermore, the increasing focus on sustainable development has led to the adoption of biodegradable and recyclable plastic tubes which the trend is likely to continue in coming years.
Among the forces affecting this market is the rise in disposable income, growing customer base, urbanization and changing lifestyle. The combination of these factors is increasing the need for packed goods including those needing the use of squeezable plastic tubes. On top of that, the pharmaceutical industry, which relies on tubes as packaging materials for ointments and creams, among others, is also adding to the expansion of the market.
New materials and technologies are emerging in the squeezable plastic tubes market, which is quite a recent trend. Bio-based plastics and biodegradable tubes are slowly being accepted as the consumer market is becoming more eco-friendly. Furthermore, the use of advanced printing technologies along with new design concepts is making the plastic tubes more attractive and functional. The e-commerce trend is also anticipated to add growth as it creates a need for secure and robust packaging.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Squeezable Plastic Tubes Market Drivers
Increasing Demand for Personal Care and Cosmetic Products
The growing demand for personal care and cosmetic products primarily drives the Squeezable Plastic Tubes Market Industry. These products, such as toothpaste, shampoo, conditioner, and lotions, are increasingly packaged in squeezable plastic tubes due to their convenience, portability, and ease of use. The rise in disposable income and the increasing awareness of personal hygiene and grooming are also contributing to the growth of the market.Furthermore, the increasing number of beauty and personal care-conscious consumers is driving the demand for premium and innovative packaging solutions, including squeezable plastic tubes with unique designs, colors, and materials.
Expansion of the Pharmaceutical Industry
The expansion of the pharmaceutical industry is another major driver of the Squeezable Plastic Tubes Market Industry. Squeezable plastic tubes are widely used for packaging pharmaceutical products, such as ointments, creams, and gels. The growing demand for pharmaceuticals, particularly in emerging markets, is driving the growth of the market. Additionally, the increasing prevalence of chronic diseases and the aging population are also contributing to the demand for squeezable plastic tubes in the pharmaceutical industry.
Technological Advancements and Innovations
Technological advancements and innovations are also playing a significant role in the growth of the Squeezable Plastic Tubes Market Industry. The development of new materials and manufacturing processes has led to the production of squeezable plastic tubes with improved properties, such as enhanced durability, printability, and sustainability. These advancements have made squeezable plastic tubes more attractive to manufacturers and consumers alike.
Squeezable Plastic Tubes Market Segment Insights
Squeezable Plastic Tubes Market Material Insights
The Material segment of the Squeezable Plastic Tubes Market is anticipated to exhibit significant growth in the coming years, driven by the increasing demand for lightweight, flexible, and cost-effective packaging solutions across diverse industries. Polyethylene (PE), polypropylene (PP), laminated tubes, and aluminum tubes are the primary materials used in the production of squeezable plastic tubes. Polyethylene, with its high strength-to-weight ratio and excellent barrier properties, holds the largest share in the Material segment. Its low cost and versatility make it a popular choice for packaging a wide range of products, including cosmetics, pharmaceuticals, and food items.Polypropylene, known for its rigidity and resistance to chemicals, is commonly used in the production of tubes for packaging industrial and automotive products. Laminated tubes, composed of multiple layers of plastic and metal, offer superior barrier protection and printability, making them ideal for packaging sensitive products such as pharmaceuticals and cosmetics. Aluminum tubes, while more expensive than plastic tubes, provide excellent barrier properties and are often used in the packaging of high-value products like toothpaste and ointments.In 2023, the Polyethylene segment of the Squeezable Plastic Tubes Market was valued at approximately USD 1.5 billion and is projected to reach USD 2.2 billion by 2032, exhibiting a CAGR of 4.8%. The Polypropylene segment is expected to grow at a CAGR of 4.5%, reaching a valuation of USD 1.2 billion by 2032. Laminated tubes are anticipated to witness steady growth, with a CAGR of 4.2%, and are expected to reach a valuation of USD 0.9 billion by 2032. Aluminum tubes, with their niche applications, are projected to grow at a CAGR of 3.9%, reaching a valuation of USD 0.7 billion by the end of the forecast period.Factors driving the growth of the Squeezable Plastic Tubes Market include the increasing demand for convenience packaging, the rise of e-commerce, and the growing emphasis on sustainability. The market is expected to witness significant growth in developing economies, where the demand for packaged goods is rapidly increasing.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Squeezable Plastic Tubes Market Application Insights
The Squeezable Plastic Tubes Market segmentation by Application includes Personal Care, Pharmaceuticals, Food and Beverage, Household and Industrial. In 2023, the Personal Care segment accounted for the largest share of the market, with a revenue of 1.28 USD billion. This was primarily due to the increasing demand for squeezable plastic tubes for packaging personal care products such as toothpaste, shampoo, and lotions. The Pharmaceuticals segment is also expected to witness significant growth over the forecast period, owing to the rising demand for squeezable plastic tubes for packaging pharmaceutical products such as ointments, creams, and gels.The Food and Beverage segment is another major application segment for squeezable plastic tubes. Due to the increasing demand for squeezable plastic tubes for packaging food products such as ketchup, mayonnaise, and sauces, the Household and Industrial segment is also expected to experience growth over the forecast period.
Squeezable Plastic Tubes Market Capacity Insights
The capacity segment of the Squeezable Plastic Tubes Market is expected to exhibit significant growth over the forecast period. In 2023, the 'Less than 50ml' capacity segment accounted for the largest revenue share, owing to its widespread usage in the packaging of pharmaceuticals, cosmetics, and personal care products. The '51-150ml' capacity segment is projected to register a notable growth rate, driven by increasing demand from the food and beverage industry. The '151-250ml' and 'Over 250ml' capacity segments are anticipated to witness steady growth, supported by their suitability for packaging larger volumes of products such as adhesives, sealants, and industrial lubricants.Overall, the Squeezable Plastic Tubes Market is expected to experience significant growth, driven by factors such as rising consumer demand for convenience and portability, technological advancements, and expanding applications across various industries.
Squeezable Plastic Tubes Market Closure Type Insights
The Closure Type segment plays a crucial role in the Squeezable Plastic Tubes Market, shaping the product's functionality and user experience. Among the key closure types, Flip-Top Caps held the dominant market share in 2023, accounting for approximately 40% of the Squeezable Plastic Tubes Market revenue. Flip-top caps offer ease of use, dispensing convenience, and cost-effectiveness, making them suitable for various applications. Screw Caps emerged as the second-largest segment, capturing around 30% of the market share. Screw Caps provide secure closure, tamper evidence, and controlled dispensing, catering to industries requiring product integrity and dosage control.Dispensing Caps accounted for nearly 20% of the market share, emphasizing the growing demand for precise and controlled product application. Pump Dispensers held the remaining market share, around 10%, gaining traction in industries such as cosmetics and pharmaceuticals due to their ability to deliver consistent and measured doses. The Closure Type segment is expected to witness continued growth, driven by advancements in design, functionality, and sustainability.
Squeezable Plastic Tubes Market Regional Insights
The regional segmentation of the Squeezable Plastic Tubes Market provides insights into the market's geographic distribution and performance. North America is expected to hold a significant market share in 2023, driven by the presence of major pharmaceutical and cosmetic industries. Europe is another key region, with a strong demand for squeezable plastic tubes in the healthcare and personal care sectors. The APAC region is projected to witness the fastest growth over the forecast period, owing to the rising disposable income and increasing urbanization.South America and MEA are also expected to contribute to the overall market growth, supported by the expanding consumer base and growing healthcare industry. The Squeezable Plastic Tubes Market segmentation offers valuable data and statistics, enabling stakeholders to make informed decisions and identify potential growth opportunities in specific regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Squeezable Plastic Tubes Market Key Players And Competitive Insights
Major players in the Squeezable Plastic Tubes Market industry are focusing on expanding their product portfolio and geographical reach to cater to the growing demand for squeezable plastic tubes. Leading Squeezable Plastic tube market players are investing in research and development to develop innovative products with enhanced features and functionalities. The Squeezable Plastic Tubes Market development is driven by the increasing adoption of squeezable plastic tubes in various industries, such as personal care, pharmaceuticals, food, and beverages. The Squeezable Plastic Tubes Market Competitive Landscape is expected to remain competitive, with key players competing on factors such as product quality, price, and innovation.One of the prominent players in the Squeezable Plastic Tubes Market is Amcor, a global packaging solutions provider. Amcor offers a wide range of squeezable plastic tubes, including standard tubes, laminated tubes, and co-extruded tubes. The company has a strong global presence and serves customers in various industries. Amcor focuses on sustainability and innovation in its product development, offering eco-friendly and high-performance squeezable plastic tubes.Another major player in the Squeezable Plastic Tubes Market is Albea, a leading global supplier of packaging solutions. Albea offers a comprehensive range of squeezable plastic tubes, including single-layer tubes, multi-layer tubes, and airless tubes. The company has a global reach and serves customers in various industries. Albea emphasizes innovation and customer-centricity, providing customized solutions to meet specific packaging needs.
Key Companies in the Squeezable Plastic Tubes Market Include
- Albea
- Unilever
- Essel Propack
- Berry Global Group
- L'Oréal
- Amcor
- Procter Gamble
- Colgate-Palmolive
- United States Plastic Corp.
- Johnson Johnson
- Transcontinental
- Tubex
- Huhtamaki
- TricorBraun
Squeezable Plastic Tubes Market Industry DevelopmentsRecent news developments in the Squeezable Plastic Tubes Market include: In January 2023, Albéa announced the acquisition of Tubex, a leading manufacturer of squeezable plastic tubes in Europe. This acquisition will strengthen Albéa's position in the Squeezable Plastic Tubes Market. In March 2023, Berry Global announced the launch of a new line of squeezable plastic tubes made from bio-based materials. These tubes are designed to be more sustainable and environmentally friendly.These developments indicate the growing importance of sustainability and innovation in the Squeezable Plastic Tubes Market. As consumers become more environmentally conscious, the demand for sustainable packaging solutions is expected to increase, driving further growth in the market.
Squeezable Plastic Tubes Market Segmentation Insights
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Squeezable Plastic Tubes Market Material Outlook
- Polyethylene
- Polypropylene
- Laminated
- Aluminum
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Squeezable Plastic Tubes Market Application Outlook
- Personal Care
- Pharmaceuticals
- Food and Beverage
- Household and Industrial
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Squeezable Plastic Tubes Market Capacity Outlook
- Less than 50ml
- 51-150ml
- 151-250ml
- Over 250ml
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Squeezable Plastic Tubes Market Closure Type Outlook
- Flip-Top Caps
- Screw Caps
- Dispensing Caps
- Pump Dispensers
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Squeezable Plastic Tubes Market Regional Outlook
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North America
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Europe
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South America
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Asia-Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.6(USD Billion) |
| Market Size 2023 |
3.78(USD Billion) |
| Market Size 2032 |
5.9(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.07% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Albea ,Unilever ,Essel Propack ,Berry Global Group ,L'Oréal ,Amcor ,Procter Gamble ,ColgatePalmolive ,United States Plastic Corp. ,Johnson Johnson ,Transcontinental ,Tubex ,Huhtamaki ,TricorBraun |
| Segments Covered |
Material, Application, Capacity, Closure Type, Regional |
| Key Market Opportunities |
Sustainable alternatives Customization options Advancements in packaging Growing demand for personal care products Ecommerce growth |
| Key Market Dynamics |
Rising demand from the cosmetics industry Growing environmental concerns Technological advancements Increasing use in healthcare applications Expansion into emerging markets |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Squeezable Plastic Tubes Market size is expected to reach USD 3.78 billion in 2023 and is projected to Register a CAGR of 5.07% from 2024 to 2032, reaching USD 5.9 billion by 2032.
The major regions contributing to the growth of the global squeezable plastic tube market are North America, Europe, Asia-Pacific, South America, and the Middle East Africa. Asia-Pacific is expected to hold the largest market share due to the increasing demand from the personal care and pharmaceutical industries in the region.
Squeezable plastic tubes are primarily used for packaging personal care products such as toothpaste, cosmetics, creams, and lotions. They are also used in the pharmaceutical industry for packaging ointments, gels, and other topical medications.
Some of the key competitors in the Squeezable Plastic Tubes Market include Amcor, Albea, Berry Global, Huhtamaki, and Tubex. These companies offer a wide range of squeezable plastic tubes in various sizes, shapes, and materials.
Several factors, including the increasing demand for personal care and pharmaceutical products, the rising disposable income in emerging economies, and the growing awareness of hygiene and sanitation, drive the growth of the Squeezable Plastic Tubes Market.
The Squeezable Plastic Tubes Market faces several challenges, such as the fluctuating prices of raw materials, the environmental concerns associated with plastic waste, and the competition from alternative packaging materials.
Some of the emerging trends in the Squeezable Plastic Tubes Market include the development of sustainable and eco-friendly tubes, the use of advanced printing and decoration technologies, and the integration of smart features such as QR codes and RFID tags.
The Squeezable Plastic Tubes Market is expected to continue to grow steadily over the next decade, driven by the increasing demand for personal care and pharmaceutical products and the rising disposable income in emerging economies.
Key opportunities for growth in the Squeezable Plastic Tubes Market include the development of new applications, the expansion into emerging markets, and the adoption of sustainable and eco-friendly practices.
Key challenges that the Squeezable Plastic Tubes Market is expected to face include the fluctuating prices of raw materials, the environmental concerns associated with plastic waste, and the competition from alternative packaging materials.
