The global aluminum tube packaging market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2022-2028). The growing demand for aluminum tubes due to its recyclable properties is expected to fuel the aluminum tube packaging market. The major demand for aluminum tubes for packaging is in cosmetics and pharmaceutical sectors due to which market players are focused to launch new packaging solutions in these sectors. For instance, in July 2021, Tubex Aluminum Tubes launched the monotube, which is a skin care packaging solution and made from entirely recycled aluminum. Ren Clean Skincare had chosen this monotube for its eco-smart serum samples. The monotube is made from 100 percent recycled aluminum out of which 95 percent is Post-Consumer Recycled (PCR) aluminum and 5 percent from Post-Industrial Recycled (PIR) material.
Browse the full report description of “Global Aluminum Tube Packaging Market Size, Share & Trends Analysis Report By Product (Squeeze Tube, Twist Tube, and Collapsible Tube) By Cap Type (Flip Top Cap, Nozzle Cap, and Standup Cap) By Vertical (Cosmetic & Oral Care, Food & Beverages, Pharmaceutical, Personal Care, and Others) Forecast Period (2022-2028).” at https://www.omrglobal.com/industry-reports/aluminum-tube-packaging-market
Aluminum has excellent barrier properties, and it is a durable material which can be recycled infinitely. Monotube minimizes carbon emissions and scores high on circularity. Globally, around 122 billion sachets are produced annually, in beauty and personal care industry which are usually burned or landfilled every year. Owing to which Ren Clean Skincare used monotube instead of sachets to boost zero waste pledge by using packaging which is designed for reuse. On account of shift from sachets to recyclable aluminum packaging tubes the market is project to grow during the forecast period.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Cap Type
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
1.1. Competitive Landscape- ALLTUB, Almin Extrusion, American Brazilian Export Resources, Inc, Antilla Inc., Avdhoot Tube, ISHAN INDUSTRIES, LAGEENTUBES, LINHARDT GmbH & Co. KG, Matrix Packaging Machines and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Aluminum Tube Packaging Market by Segment
By Product
• Squeeze Tube
• Twist Tube
• Collapsible Tube
By Cap Type
• Flip Top Cap
• Nozzle Cap
• Standup Cap
By Vertical
• Cosmetic & Oral Care
• Food & Beverages
• Pharmaceutical
• Personal Care
• Others (Cleaning Products)
Global Aluminum Tube Packaging Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/aluminum-tube-packaging-market