03-Oct-2024 | Zion Market Research
According to the report published by Zion Market Research, global demand for collapsible metal tubes market was valued at approximately USD 1264.37 Million in 2023, and is expected to generate revenue of around USD 1898.48 Million by end of 2032, growing at a CAGR of around 4.62% between 2024 and 2032. The bad effects of plastic packaging are promoting customers to go for another packaging. The huge expansion of the cosmetics & pharmaceutical industries is another major growth driver motivating the market demand. The collapsible metal tubes are utilized for decades in different industries counting industrial, pharmaceutical, cosmetics, home care & personal care, and food among others. Owing to the wide-ranging use, the collapsible metal tubes market is exhibiting growth opportunities. Furthermore, the benefit of prolonged shelf-life that these tubes present shoots up the market on the international platform.
Some of the leading players in the market are Linhardt GmbH & Co. KG, Montebello Packaging, ESSEL PROPACK LIMITED, Adelphi Healthcare Packaging, Antilla Inc., ALLTUB, Jiujiang Deshun Adhesive Industry Co. Ltd., Universal Metal Products, Andpak, and Perfect Containers Pvt. Ltd.
Surge In Demand For Collapsible Metal Tubes To Boost The Global Collapsible Metal Tubes Market
The rise in demand for the collapsible metal tubes is likely to spur the market strongly for many reasons. One of the key aspects contributing to the development of collapsible metal tubes is the increasing demand for personal & cosmetic care products is projected to impel the expansion of this market in the future. The collapsible metal tubes are trending globally owing to recyclable properties and easy to use. The trend of moving to flexible metal tubes from rigid metal packaging is more cost-effective for waste management & transportation of collapsible metal tubes. The rise or decline in the cost of metal tubes production influence on the manufacturing of the worldwide collapsible metal tubes market.
The global collapsible metal tubes market is bifurcated on the basis of closure types, capacity, products, end-users, and regional analysis. Based on the closure types, the market is divided into stand up cap, flip top cap, fez cap, nozzle cap, and other closure types. On the account of capacity, the market is divided into 100–200 ml, 20–50 ml, 50–100 ml, less than 20 ml, and more than 200 ml. Based on the products, the market is divided into twist tube, squeeze tube, and other types. Based on the end-users, the market is divided into food, cosmetics, industrial, home care & personal care, pharmaceutical, and other end users.
Asia Pacific Region To Witness The Massive Growth In The Global Collapsible Metal Tubes Market
Based on geographical analysis, the global collapsible metal tubes market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The Asia Pacific region was the undoubted leader in the market during 2017. The region is predicted to maintain its position in the forecasted period. This can be due to the economies of China and India which manufacture at lucrative production rates and ship it to other regions for a considerable bottom-line margin.
Browse the full “Collapsible Metal Tubes Market Product Type (Twist Tubes, Squeeze Tube, Others), Capacity (Below 20ml, Above 100ml, and Between 20 and 100ml), Closure Type (Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Others), End-User (Home Care and Personal Care, Cosmetics, Industrial, Food, Pharmaceutical, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/collapsible-metal-tubes-market
The global collapsible metal tubes market is segmented as follows:
By closure types:
By capacity:
By end-users:
By products:
By region:
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