Composite Cardboard Tubes Market by Material Type (Paperboard, Corrugated Board), End-use Industry (Food & Beverages, Cosmetics & Personal Care), Lid Type (Ring Lid Foil Assembly, Ring Pull Style, Slip Lid, Peel-off Membrane), and Region for 2022-2026

Composite Cardboard Tubes Market Snapshot

[170 Pages Report] The global composite cardboard tubes market is projected to acquire a market value of more than US$ 2 Bn in 2026 while recording a CAGR of 5.7% during the forecast period from 2022-2026.

Increased attention towards branding and promoting the product is anticipated to drive the market growth during the forecast period. Composite cardboard tubes are strong and robust, which further enhances the product demand.

Regionally, APEJ is anticipated to secure major market share in the coming time. India and China are expected to witness significant demand and sales of the product. The region can secure nearly US$ 800 Mn by the end of forecast period.

2012-2021 Composite Cardboard Tubes Market Outlook in Comparison to 2022-2026 Growth Forecast

The composite cardboard tubes market is expected to register 5.7% CAGR between 2022 and 2026, up from 5.1% CAGR recorded during 2012-2021.

The increasing demand for ready-to-eat and packaged food and beverages, especially in urban areas, is one of the primary factors set to drive the sales in this market in the near future. Also, various packaging manufacturers are likely to introduce state-of-the-art solutions for the food and beverage sector to accelerate the adoption of sustainability.

For instance, in December 2021, Australia-based Cascade Brewery introduced Westrock-designed cardboard packs for distributing its six-pack bottles of beer. As per the company, this latest development will save around half a million pieces of plastic from harming the environment every year.

Similarly, Gortinore Distillers & Co., a whisky bottler based in Ireland, introduced Natterjack Irish Whiskey in a composite paper tube packaging in July 2021. The company aims to bring its new beverage under the premium segment with the help of this sustainable tube packaging.

Spurred by the aforementioned developments in the food and beverage packaging industry, the demand for composite cardboard tubes is expected to grow in the forecast period.

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How is the Demand for Eco-friendly Packaging Affecting Composite Cardboard Tubes Market?

The increasing focus of manufacturers on improving their visibility through promotion and branding of products, such as product description and graphical printing is a major factor anticipated to push the demand for composite cardboard tubes in the near future.

Furthermore, the increasing awareness among people regarding the negative effects of plastic packaging waste on the environment is projected to boost the demand for affordable eco-friendly solutions, including composite cardboard tubes.

Thus, many emerging countries worldwide are anticipated to invest in the development of environmentally friendly packaging approaches to fight the challenges associated with numerous environmental problems.

These companies are preferring cardboard tubes as they look pleasing to the eyes and can act as a type of protective packaging for luxury items, gifts, and promotional products. In May 2021, for instance, Smurfit Kappa Composites, a leading packaging company introduced the Smurfit Kappa Eco-Tube, a novel solution under its Better Planet Packaging initiative. It is 100% recyclable through consumer recycling schemes.

Hence, the ongoing development of recyclable packaging tubes without changing their quality by key players is likely to propel the market by 2026.

Country-wise Insights

What is the China Composite Cardboard Tubes Market Outlook?

The surging purchase of various supplements and health drinks owing to the increasing awareness among the general public regarding the importance of fitness, is anticipated to propel the market in China. Asia Pacific excluding Japan composite cardboard tubes market is likely to account for approximately 37.0% of the share in 2022, predicts FMI.  

Moreover, the high demand for attractive yet eco-friendly and efficient packaging is set to bolster the growth in China. In addition, the rapid expansion of the e-commerce sector with the presence of numerous industry giants, such as Alibaba, Tmall, JD.com, and Taobao in this country is estimated to push the demand for composite cardboard tubes in the forecast period. 

What are the Factors Driving the U.K. Composite Cardboard Tubes Market?

The rapid expansion of the cosmetics and personal care industry because of the high demand for premium and organic products is set to drive the market in the U.K. in the near future. As per FMI, the Europe composite cardboard tubes market is set to generate 22.3% of the share in 2022.

In July 2020, L’Oréal, a renowned personal care company joined hands with Albéa Packaging to commercialize their innovative paper-based cosmetic tubes. These were introduced under the La Roche-Posay Anthelios sunscreen brand for the very first time. The tubes are made from a blend of FSC-certified, bio-based paper-like material and plastic. This launch would help the company to reduce the usage of plastic by 45% and improve the carbon footprint. In the near future, the launch of similar packaging solutions is anticipated to spur the market in the U.K.    

Why is the U.S. Composite Cardboard Tubes Market Showcasing Lucrative Growth?

The increasing investment in research and development activities by reputed companies present in the U.S. is anticipated to propel the market over the forthcoming years. North America composite cardboard tubes market is expected to account for 19.4% of the share in 2022, finds FMI.

Besides, many organizations are trying to attract the attention of customers of all ages by developing unique packaging solutions in the U.S. Paper Tube Co., for instance, unveiled its new CPSC-compliant and independent lab-tested child-resistant paper tube named EcoVault in May 2020.

The company wants to lower the amount of plastic in consumer goods. The new packaging tube can be customized and designed to package a large number of products, such as supplements and cannabis. Such innovations by leading and start-up packaging companies in the country is likely to support the growth in this market.

Category-wise Insights

Which Material Type is More Preferred for Composite Cardboard Tubes Manufacturing?

Based on material type, the corrugated board segment is expected to dominate the composite cardboard tubes market in terms of share during the forecast period. This growth is attributable to its recyclable nature. Also, the manufacturing process of corrugated boards does not involve the usage of any expensive equipment or tools, which make these materials very cost-effective.

Furthermore, these materials provide cushioning to the product, thereby ensuring safety amid the shipping, handling, and transportation processes. These are available in various sizes and thicknesses, depending on the specifications and product type. Apart from that, the better printing capability, easy usage, and lightweight properties of corrugated board are set to propel their demand in the upcoming years.

Who is the Leading End User of Composite Cardboard Tubes?

By end-use industry, the cosmetics and personal care segment is anticipated to remain at the forefront in the composite cardboard tubes market. The rising launch of novel products, such as oils, lotions, ointments, sunscreens, and eye shadow palettes in various countries of the world is likely to fuel the growth of this segment.

For instance, in January 2021, Texen Beauty Partners, a manufacturer of packaging solutions headquartered in Brion, developed a composite cardboard palette for Sothys, a developer and distributor of premium beauty products based in Paris. Texen has used a paper produced from sustainably managed forests to create the new summer bronzing powder palette for the latter. These types of innovations worldwide are projected to boost the growth of the segment.

Which is the Most Preferred Lid Type in the Composite Cardboard Tubes Market?

In terms of lid type, the ring pull style segment is estimated to lead the market in the near future stoked by the easy handling of this lid. In addition to that, the high demand for this type of lid from the food and beverage industry is set to support the growth of the segment.

According to FCC, in 2020, food and beverage manufacturing sales increased 3.5% year-on-year from US$ 118.7 billion to US$ 122.9 billion in Canada. These numbers are likely to grow in the other countries across the globe, thereby bolstering the segment.

Competition Landscape

Leading companies operating in the composite cardboard tubes market are striving to gain a competitive edge by introducing new products and engaging in the acquisition strategy. Meanwhile, some of the other players are focusing on rebranding themselves to expand their presence geographically, as well as to change their business models for generating more shares.

For instance,

• In September 2021, Kite Packaging, a U.K.-based supplier of novel packaging solutions, launched its latest cardboard tubing suitable for thin or awkwardly shaped objects requiring adjustable packaging. This new product is available in the form of rolls, thereby allowing companies to cut them as per the required lengths. It is also made up of recycled content and can be reused, which makes it an environmentally friendly alternative to plastic tubing.   
• In October 2020, Rigid Containers, a packaging company, announced that it has recently rebranded as its European parent group called VPK Packaging. This new division is set to operate in France, Ireland, the U.K., and the Nordic countries. The company aims to invest huge sums in the U.K. market to gain a larger consumer base.

Scope of Report

Composite Cardboard Tubes Market by Category

Material Type :

• Paperboard
• Corrugated Board

End-use Industry :

• Food & Beverages
• Cosmetics & Personal Care
• Others

Lid Type :

• Ring Lid Foil Assembly
• Ring Pull Style
• Slip Lid
• Peel-off Membrane

Region :

• North America
• Latin America
• Europe
• APEJ
• Japan
• Middle East & Africa (MEA)