Collapsible aluminium tube creates impermeable surface protection against light, moisture, and air for storing sensible products especially ointments and painkillers. The collapsible aluminium tubes are unbreakable, clean and lightweight.
The importance of collapsible aluminium tubes in the market is increasing because the valuable material are dosed sparingly and hygienically. The demand of aluminium material for preparing squeeze tubes is continuously growing due to its metal properties like it can withstand baking heat and freeze with good conductivity at the same time, this provides maximum safety to the stored product during transportation.
The collapsible aluminium tubes are counterfeit-proof products due to the incorporation of holograms, micro color codes, laser marking, and RFIDs. This leads to a potential increase in the market at a global level. The collapsible aluminium tube market is highly competitive.
A large number of small key players are entering into manufacturing of collapsible aluminium tubes. Because of this, the manufacturers are innovating new approaches for nozzle designs, non-toxic and recyclable aluminium tubes.
In German approximately 90% of aluminium tube packaging is recyclable. The end users are having more demand for collapsible aluminium tubes as it is tightly sealed and provides leakage proof storage for gels, liquid, and paste. It is witness that the market of collapsible aluminum tubes in pharmaceuticals and cosmetic sector will grow further during the forecast period.
The fueling factors for driving the global market of collapsible aluminium tube are providing dust & germ-free and clean packaging for the products. Additionally, aluminum tubes have no strange taste which can dilute the effect of stored products.
It gives tamper proof evidence which further helps to check the quality of the product. These benefits further drive the market of collapsible aluminium tube. Aluminium is magnetic which helps to sort out from waste during the recycling process.
This further increases the preference for aluminium as a raw material for manufacturing collapsible tubes to save processing time. The demand for the global collapsible metal tubes market is expected to grow exponentially on the backdrop of the increasing demand for cosmetic and personal care products. The trend of increasing priorities for flexible packaging over rigid packaging is more economical for transportation.
The growth of collapsible aluminium tube market might slow down because of alternate raw materials such as tin or plastics. However, it is witnessed that, in few countries use of plastic material is restricted and compared to tin material, aluminium tubes production incurs less cost.
The collapsible aluminium tube market global regional outlook includes demand and sales analysis in various regions such as APAC regions, Europe, North America, Latin America, and ME&A. It is witness that there is approximately 1.4% growth in the production of collapsible tubes in European regions.
Out of approximately 14 billion tubes are produced by manufactures out of which 35% are aluminium collapsible tubes. Further, North America is also proving exponential growth in collapsible aluminium tube market due to increase in cosmetics and personal care.
The extensive development in pharmaceuticals and industrial sectors in developing economies like China and India push the market growth for collapsible aluminium tubes during the forecast period. On the other side, the market growth in the Middle East and Africa will have a steady demand for collapsible aluminium tubes.
Favia Tubettificio announced to invest in research and development for manufacturing of collapsible aluminium tubes with biodegradable closure capsule. The company is nominated for upcoming Packaging Oscar 2019.
The Collapsible Aluminium Tube market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The Collapsible Aluminium Tube market report also maps the qualitative impact of various market factors on market segments and geographies.
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