With rapid growth for tubes with lightweight and special properties such as anti-corrosive, easy molding, and so on, the demand for collapsible metal tubes is widening. Collapsible tubes are flexible composite containers being used for stashing and dispensing crumbly product formulations.
According to our analyses, because aluminum is less expensive to manufacture than alternative metals such as tin, aluminum collapsible metal tubes are more prominent. Also, the evolution of shifting from rigid metal packaging to flexible metal tubes seems to be more economically efficient for the transportation and waste disposal of collapsible metal tubes.
Increases or reductions in the cost of producing metal tubes have a decisive influence on the production of the global collapsible metal tubes industry.
FMI's research indicates collapsible metal tube market shows great potential for a wide range of reasons. One of the major factors driving the expansion of collapsible metal tubes is the emerging trend for cosmetic and personal care products, which is predicted to propel the market over the coming years.
According to our research results, organizations must also overcome a variety of obstacles. During the COVID-19 pandemic, this market was in decline. This is attributable to a drastic drop in the renovation, automotive, and industrial sectors.
The global collapsible metal tube market is expanding into North America, Latin America, Europe, Asia-Pacific (APAC), and the Middle East and Africa (MEA). Over the forecast period of 2017-2027, the global collapsible metal tube market is anticipated to expand slowly. Besides that, due to the growing consumption of personal care and beauty products, North America is predicted to be the biggest collapsible metal tube market.
Aside from that, the comprehensive evolution of the retail sector in evolving economies such as India and China is anticipated to increase sales of collapsible metal tubes in the Asia Pacific by the end of the forecast period of 2022-2032. Over the forthcoming years, Latin America, the Middle East, and Africa are likely to expand slowly.
Moreover, collapsible metal tube manufacturers in China and India are hoping to seize the majority of the revenue opportunities offered by the global tube market.
FMI recently completed a comprehensive analysis of key market players and their recent developments. Albea S.A., Essel Propack Ltd., Adelphi Healthcare Packaging, Linhardt GmbH & Co, Montebello Packaging, Alltub Group, Andpak Inc., Jiujiang Deshun Adhesive Industry Co., Ltd, Construct Packaging, Perfect Containers Pvt. Ltd, Hubei Xinji Pharmaceutical Packaging Co., Ltd, and others are among the major players identified globally in the collapsible metal tubes market.
The tube packaging is gaining attraction among packaging manufacturer due to increasing demand of tubes for lightweight and special characteristics such as anti-corrosive, easy molding etc. Collapsible tubes are flexible composite containers for the storage and dispensing of product formulations that usually have a pasty consistency.
Collapsible tubes made of alloy, tin or aluminum as they are commonly used for inclosing and delivering liquid, viscous or pasty products such as tooth pastes are generally fitted with a cap so as to be perfectly air tight. Collapsible metal tubes prevent permeation of toxic gases, odor, and entry of dust which can change the natural quality of products when it is adequately closed.
The aluminum collapsible metal tubes are more popular because aluminum is less expensive for manufacturer rather than alternative metal such as tin. Aluminum tubes have considered as one of the most inventive packaging products offered in the global market for collapsible metal tubes.
Growth in demand for the global collapsible metal tubes market is expected to grow strongly for several reasons. One of the significant factors contributing towards the growth of collapsible metal tubes is the growing demand for the cosmetic and personal care product is expected to drive the growth of this market in the coming years. Collapsible metal tubes are on trend globally due to easy to use and recyclable properties.
The trend of shifting from rigid metal packaging to flexible metal tubes is more economical for transportation and waste management of collapsible metal tubes. Increases or decrease in cost of metal tubes manufacturing directly impact on the production of the global collapsible metal tubes market.
Geographically, the global collapsible metal tubes market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global collapsible metal tubes market is expected to witness a sluggish growth over the forecast period of 2017-2027. Moreover, North America is expected to be the largest collapsible metal tubes market due to the rising consumption of cosmetic and personal care products.
Apart from this, the extensive evolution of the retail sector in the growing economies such as India & China is expected to boost further the sales of the collapsible metal tubes market in Asia Pacific by the end of the forecast period of 2017-2027. Latin America and Middle East & Africa are expected to witness sluggish growth and over the forecast period.
However, China and India based collapsible metal tubes manufacturers are looking to seize most of the opportunity offered in terms of revenue from the global tubes market.
Few of the major players identified across the globe in the collapsible metal tubes market are Albea S.A., Essel Propack Ltd., Adelphi Healthcare Packaging,Linhardt GmbH & Co, Montebello Packaging, Alltub Group, Andpak Inc., Jiujiang Deshun Adhesive Industry Co., Ltd, Construct Packaging, Perfect Containers Pvt. Ltd, Hubei Xinji Pharmaceutical Packaging Co., Ltd etc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global collapsible metal tubes market is segmented on the basis of by product type, by closure type, by capacity, and by end use.
On the basis of product type, global collapsible metal tubes market is segmented into –
On the basis of closure type, global collapsible metal tubes market is segmented into –
On the basis of capacity type, global collapsible metal tubes market is segmented into –
On the basis of end use, global collapsible metal tubes market is segmented into –
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Collapsible Metal Tubes Market
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