United States Laminated Tube Market to Reach USD 1,168.5 Million by 2034, Driven by Rising Demand for Sustainable Packaging Solutions | Future Market Insights, Inc.
Laminated tubes are commonly utilized throughout sectors and come in two varieties: plastic barriers and aluminium barrier laminates. Plastic laminated tubes are seamless and utilized in high-end products including cosmetics, food, and toiletries.
NEWARK, DE / ACCESSWIRE / September 5, 2024 / According to Future Market Insights (FMI), sales of laminated tubes in the United States were valued at USD 844.1 million in 2024 and are projected to reach USD 1,168.5 million by 2034. The industry is anticipated to expand at a CAGR of3.3% over the forecast period.
The versatile nature of laminated tubes makes them ideal for a wide range of items, such as food and household goods. This flexibility is creating the demand for packaging, which is estimated to drive the industry expansion during the forecast period.
Increasing demand for beauty, wellness, and personal care has resulted in the laminated tube industry growth. Rising disposable income and changing consumers' lifestyles further contribute to the industry expansion.
Consumers' are increasingly seeking healthcare services and growing focus on health and wellness are creating considerable demand for barrier-proof laminated tubes. These tubes provide the product to the consumer safely.
Sustainability has become an important factor in the packaging industry. Growing focus on reducing plastic waste is generating demand for eco-friendly packaging solutions. This is attributed to the development of a recyclable laminated tube as an alternative packaging solution. The inclusion of post-recycled plastic and bio-degradable material in laminated tube packaging is set to create a great opportunity for business growth.
Laminated tubes are available in distinctive sizes and shapes that can fulfil the need for custom designed answers. The usage of recycled fabric in laminated tubes contributes to decreasing environmental impact and appeals to the customers, surging demand.
"Growth of the e-commerce sector is contributing to the demand for laminated tubes. Laminated tubes fulfill the need for strength and barrier during shipping and handling. Flexible laminated tubes offer efficient space utilization, which reduces shipping costs and environmental impact," Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Prominent Drivers of the Laminated Tube Industry in the United States:
Growing Demand for Sustainable Packaging: Increasing consumer awareness about environmental issues is driving the demand for eco-friendly and recyclable packaging solutions. Laminated tubes, often made from recyclable materials, align with this trend, making them an attractive choice for brands looking to improve their sustainability profile.
Expansion in the Personal Care and Cosmetic Sectors: The rising popularity of personal care and cosmetic products, including skincare, haircare, and cosmetics, fuels the demand for laminated tubes. Their ability to offer high-quality, aesthetically pleasing packaging that preserves product integrity makes them ideal for these markets.
Advancements in Packaging Technology: Innovations in tube manufacturing technology, such as improved lamination processes and enhanced barrier properties, are driving growth in the laminated tube industry. These advancements allow for better protection of contents and more versatile packaging options, meeting the evolving needs of various industries.
Increased Focus on Product Differentiation: Brands are increasingly using packaging as a tool for differentiation and marketing. Laminated tubes offer a wide range of design options, including custom shapes, colors, and printing, enabling companies to create unique packaging that stands out on the shelf and attracts consumers.
Rising Demand for Convenience and Portability: The shift towards convenience-oriented lifestyles has increased the demand for portable and easy-to-use packaging solutions. Laminated tubes are lightweight, user-friendly, and offer convenient dispensing, making them a popular choice for on-the-go consumers in sectors like food, health, and personal care.
Key Takeaways from the United States Laminated Tube Industry:
Sales of laminated tubes in the United States are projected to reach USD 1,168.5 million by 2034.
The industry is anticipated to expand at a CAGR of 3.3% by 2034.
Demand for laminated tubes in the United States is expected to reach USD 844.1 million in 2024.
Based on end-use, the oral care segment is projected to surge at a CAGR of 3.6% by 2034.
In terms of product type, the aluminum barrier laminated (ABL) segment is set to rise at 3.7% CAGR by 2034.
Competitive Landscape:
CCL Industries Inc., Berry Global Group, Inc., Albéa S.A., Hoffman Neopac AG, EPL Limited, CTL PACK, and Montebello Packaging Inc. are some of the notable players in the industry. The Tier 1 players hold 15 to 20% of the overall laminated tube industry in the United States.
Leading players are providing laminated tubes with various printing options and cap types. They are also focusing on delivering recyclable tubes to meet the demand. Companies are developing new products and integrating with different firms and brands for product development. Recent activities of leading players operating in the laminated tube industry of the United States are:
In October 2022, Berry Global collaborated with Cosmos Corporation to introduce a new range of squeezable tubes.
In May 2022, Hoffman Neopac launched the Eco-Stripped tube, which uses 30% less plastic to reduce its carbon footprint.
In April 2022, Albéa S.A collaborated with Garnier to develop a cardboard-based tube with a single-component open-and-close system, which is a market-first solution.
Explore In-Depth Analysis -https://www.futuremarketinsights.com/reports/laminated-tube-industry-analysis-in-the-united-states
Other Key Companies Profiled:
ALPLA Group
ALLTUB GROUP
LINHARDT GmbH & Co. KG.
Plastube Inc.
Precision Concepts International LLC
Andpak Inc.
Sonic Packaging Industries Inc.
Apackaging Group LLC
Get More Insights into the United States Laminated Tube Industry Report:
Future Market Insights (FMI), in its new report, offers an unbiased analysis of the United States for laminated tube industry, analysing historical demand from 2019 to 2023 and forecast statistics for 2024 to 2034.
The study reveals industry growth projections on the laminated tube industry based on cap type (stand-up cap, nozzle cap, fez cap, flip top cap, other caps), product type (plastic barrier laminated (PBL), aluminum barrier laminated (ABL)), neck diameter (13.5 mm, 16 mm, other customized sizes), capacity (less than 50 ml, 50 to 100 ml, 101 to 150 ml, above 150 ml), and end-use (cosmetics, commercial, pharmaceuticals, oral care, home & other personal care, food, others).
The United States Laminated Tube Industry Segmentation by Category:
By Cap Type:
Stand-up Cap
Nozzle Cap
Fez Cap
Flip Top Cap
Other Caps
By Product Type:
Plastic Barrier Laminated (PBL)
Ethylene Vinyl Alcohol (EVOH)
Polyamide (PA)
Polyester
Aluminum Barrier Laminated (ABL)
By Neck Diameter:
13.5 mm
16 mm
Other Customized Sizes
By Capacity:
Less than 50 ml
50 to 100 ml
101 to 150 ml
Above 150 ml
By End-use:
Cosmetics
Hair Care
Shampoo & Conditioner
Hair Oil
Hair Gels
Hair Color
Other Hair Styling Products
Skincare / Facial Care
Cleanser
Toner
Moisturizer
Sunscreen
Exfoliation
Serums & Tonics
Body Care
Body Scrub
Body Wash
Moisturizer
Sunscreen
Make-up
Foundation
Concealer
Eyeshadow
Eyeliner / Mascara
Lipstick / Lip Gloss
Baby Care
Baby Shampoo / Baby Wash
Baby Lotion
Sunscreen
Baby Oil
Hand Care
Hand Wash / Gel
Hand Cream / Lotions
Hand Sanitizer
Others (Nail Care, Nail Polish)
Commercial
Sealants & Adhesives
Lubricants
Others (Specialty Grease and Pesticides)
Pharmaceuticals
Ointments
Creams
Oral Care
Home & Other Personal Care
Laundry Gel
Toiletries & Hand Wash Gels
Others
Food
Others (Paints, Crayons, Shoe Polish)
By Sub Region:
Northeast
Southwest
West
Southeast
Midwest
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
Have a Look at Related Research Reports on the Packaging Domain:
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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