The global demand for Laminate Tube Packaging Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
The laminate tube is a type of tube packaging and an evolutionary development in packaging for paste and semi-liquid products. A laminate tube is a hybrid of aluminum tube and a plastic tube and a composite of several layers, with excellent barrier properties. Laminated tubes are a cost-effective solution to help increase a product's shelf life. Laminated tubes provide consistent quality and performance reliability. Laminated tubes offer products a competitive advantage in the market and are used globally for packaging in personal care, food, and other industrial applications. The oral care industry contributes to approx. 50% of the total production of laminated tubes, while a rising number of them are being used in the cosmetics sector. The pharmaceutical industry is also adopting of laminated tubes quickly as an effective packaging solution that provides extra protection against contaminations besides an improved shelf life.
Market Dynamics
Rising consumer demand for skin care and hair care products such as anti-aging creams, shampoos, and hair conditioners products in the last few years s driving the market growth. Furthermore, hair care and skincare manufacturers make a conscious shift towards laminated tube packaging from traditional plastic tube packaging, propelling market growth. Laminated tubes are becoming the most preferred packaging type in cosmetics, oral care, and pharmaceutical industries across the world due to enhanced tube design, transparent look and feel, barrier properties, leak-proof nature, and high flexographic printing capability technology. Growing consumers preference visually appealing products along with high protection for the contents.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of laminate tube packaging.
Market Segmentation
The entire laminate tube packaging market has been sub-categorized into type, application and sales channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
By Application
- Daily Necessities
- Cosmetics
- Medical
- Others
By Sales Channel
- Direct Channel
- Distribution Channel
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for laminate tube packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Laminate Tube Packaging Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the laminate tube packaging market include Essel-Propack, Albea, SUNA, Rego, Berry, Kimpai, BeautyStar, Kyodo Printing, Abdos, Toppan, Noepac, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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