Laminated Tube Closure Market Size, Share, Trends, Analysis To 2032

Laminated Tube Closure Market Insights

According to the report published by Zion Market Research, the global Laminated Tube Closure market was valued at USD 156.9 Million in 2023 and is predicted to reach USD 230.22 Million by the end of 2032. The market is expected to grow with a CAGR of 3.9% during the forecast period. The report analyzes the global Laminated Tube Closure Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Laminated Tube Closure Market.

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Laminated Tube Closure Market: Overview

The laminated tubes have a barrier film inside them for protecting the product from moisture, UV rays, air, and other contaminations; they are tubes that have multiple layers. Consumers are more inclined towards tube packaging, so they are being used increasingly in homecare, oral care, personal care, cosmetics, and pharmaceutical packaging.

Laminated Tube Closure Market: Facts

The “New Generation” of laminate tubes makes use of advanced technology in order to produce the tube that satisfies the industry’s most aesthetic minimal seam by offering maximum space for brand decoration.

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Laminated Tube Closure Market: Segmentation

The global market for the laminated tube closure is fragmented into packaging type, end-user industry, material, and the diameter.

Based on the type of packaging, the global market is segregated into flip-top closures, child resistance closures, nozzle closures, screw on closures, and others.

The nozzle closures are sub-segregated into stand-up and conical.

Based on the end-user industry, the market is categorized into personal & home care, cosmetics & oral care, food & beverage, pharmaceuticals, and others.

Based on the type of material,

aluminum, plastic, and glass. Based on the diameter, the market is bifurcated into 22–40 mm for stand up closures, 19–25 mm for child resistance closures, and 35–50 mm for flip-top closures, among others.

Laminated Tube Closure Market: Growth Factors

The rapid advancement in the packaging industry is the key factor that is driving the laminated tube closure market. Another factor that is driving the growth of the market is the facility of decorating and printing on the laminated tubes, which helps in the marketing of the products, thus positively affecting the growth of the market. The benefits that are offered by the laminated tube closures are that they are leak proof, lightweight, unbreakable, durable, and have excellent sealing properties; hence, the demand for the laminated tube closures is increasing. There is a huge amount of competition being experienced by the laminated tube enclosures, as there are a lot of them involved in this business, and the stringent regulations against the use of plastic are some of the factors that are restricting the growth of the market.

Laminated Tube Closure Market: Report Scope

Laminated Tube Closure Market: Regional Analysis

The cosmetic tubes are the major segment in the laminated tube closure market. Asia Pacific leading the cosmetic industry, has the largest share of the global market. The increasing demand for sustainable and innovative packaging, especially from developing countries such as China and India, has significantly contributed to the growth of the market. There is increasing market growth being experienced in the North American and European regions owing to increasing per capita income and the rise in consumer spending. In the Middle East and Africa, the consumers are inclining more towards innovative packaging solutions, which are triggering the growth of the market.

Laminated Tube Closure Market: Competitive Players

The key market players that are involved in the laminated tube closure market include

• IntraPac International Corporation
• Kap Group
• Berry Plastics Corporation
• Pirlo GmbH & Co. KG
• Abdos India
• Amtik Group
• Essel Propack Limited
• Sibo Group
• Winpak Ltd.

The Global Laminated Tube Closure Market segments are as follows:

By Packaging

• flip-top closures
• child resistance closures
• nozzle closures
• screw on closures
• others.

By End-User Industry

• personal & home care
• cosmetics & oral care
• food & beverage
• pharmaceuticals
• others.

By Material Type

• aluminum
• plastic
• glass.

By Diameter

• 22–40 mm for stand up closures
• 19–25 mm for child resistance closures
• 35–50 mm for flip-top closures
• vamong others.

Laminated Tube Closure Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonies to companies in order to fortify their foothold in the market.