Aluminium Collapsible Tubes Market is Expected to Grow at a CAGR of 5.76% |
The aluminium collapsible tubes market will project a CAGR of 5.76% for the forecast period of 2022-2029. The global market for aluminium collapsible tube packaging for pharmaceutical products is expected to grow steadily due to rising consumer demand for environmentally friendly, safe, and convenient packaging solutions. Furthermore, rising disposable income influences consumer purchasing decisions, resulting in increased product demand.
As a packaging format, aluminium collapsible tubes are used. It is used for cream and ointment packaging, as it has high barrier properties that ensure product stability over a long shelf life. Internally coated aluminium collapsible tubes provide long-term stability. Collapsible tubes protect the inside of the product from oxidation, extending its life.
The market for aluminium collapsible tube packaging for pharmaceutical products is growing due to rapidly increasing population and urbanisation. The expanding pharmaceutical and cosmetic industries are also having a significant impact on the growth of collapsible tube packaging during the forecast period.
some of the major players operating in the aluminium collapsible tubes market for pharmaceutical products report are:
ALBEA, Amcor plc, CCL Industries, Constantia Flexibles, Avadhoot Tube Industries, ALLTUB, EPL Limited, Sonoco Products Company, Unette Corporation, Hoffmann Neopac AG, Unicep, PIONEER GROUP, MONTEBELLO PACKAGING, APackaging Group, Intrapac International LLC, LINHARDT, Auber Packaging Co., Ltd., VIVA HEALTHCARE PACKAGING, Berry Global Inc., GmbH, Accurate Surgical & Scientific Instruments Corporation, Summit Medical Group, Network Medical Products Ltd., Lohmann & Rauscher GmbH & Co. KG and Boston Scientific Corporation among other global players.
Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Aluminium Collapsible Tubes Market for Pharmaceutical Products Scope and Market Size
Global aluminium collapsible tubes market for pharmaceutical products is segmented on the basis of type, closure type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the Aluminium collapsible tubes market for pharmaceutical products is segmented into less than 20mm, 20 to 40mm, and more than 40mm
On the basis of closure type, the Aluminium collapsible tubes market for pharmaceutical products is segmented into flip top cap, stand up cap, nozzle cap, fez cap, and others
On the basis of application, the Aluminium collapsible tubes market for pharmaceutical products is segmented into pharmaceutical, cosmetics and personal care, food, and industrial
Aluminium Collapsible Tubes Market for Pharmaceutical Products Country Level Analysis
The global aluminium collapsible tubes market for pharmaceutical products is analysed and market size insights and trends are provided by country, type, closure type, application and distribution channel referenced above.
Europe leads the collapsible tube packaging market due to the strong presence of emerging countries such as the United Kingdom and Germany in this region.
Asia-Pacific is expected to grow at a significant rate from 2022 to 2029, owing to a growing population in developing countries, which is reflected in an increasing customer base for cosmetic products in this region.
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