Laminate Tube Packaging Market Size, Trends and Insights By Product Type (Aluminium Barrier Laminate, Plastic Barrier Laminate), By End User (Oral Care, Cosmetics and Personal Care, Pharma and Health, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Essel Propack Ltd.
- Albea Group
- Huhtamaki Oyj
- CCL Industries Inc.
- Berry Global Inc.
- Montebello Packaging Inc.
- Others
Reports Description
Global Laminate Tube Packaging Market was valued at USD 5.9 Billion in 2024 and is expected to reach USD 11.6 Billion by 2033, at a CAGR of 7.6% during the forecast period 2024 – 2033.
Laminate tube packing is a form of packaging constructed of many layers of materials, usually plastic and aluminium. These layers are bonded together to make a flexible tube appropriate for packaging diverse products such as cosmetics, medicines, food, and industrial goods.
Laminate Tube Packaging Market: Growth Factors
Changing consumer preferences towards natural ingredients
Changing customer demands for natural ingredients are affecting the expansion of the laminate tube packaging industry.
As customers prioritise natural and eco-friendly products, producers are changing to packaging options that reflect these tastes. Laminate tube packaging has various advantages, including the ability to maintain the freshness and integrity of natural products while also providing a barrier against external pollutants.
Furthermore, laminate tubes are portable, lightweight, and easily recyclable, making them a viable option for environmentally conscious consumers. Laminate tubes are popular in the market because of their aesthetic appeal, as well as their simplicity and utility.
As organizations strive to address the need for natural goods and sustainable packaging solutions, the laminate tube packaging market is poised for considerable development, driven by the changing consumer demands.
Consumer awareness regarding personal health
Consumer awareness of personal health is a primary driver of growth in the laminate tube packaging industry. With a rising emphasis on health and wellbeing, people are becoming more aware of the things they use, such as cosmetics, medications, and personal care items.
Laminate tube packaging has various advantages that appeal to health-conscious customers. Furthermore, laminate tubes have barrier features that help to maintain the efficacy and freshness of the contents by avoiding exposure to external variables such as air, moisture, and light, which can damage the product over time.
As customers prioritize goods with few preservatives and chemicals, the protective character of laminate tube packaging corresponds to their desire for safer and more natural formulas.
Furthermore, laminate tubes are lightweight, portable, and simple to use, making them ideal for on-the-go customers looking for efficient packaging solutions that complement their busy lives. The simplicity of dispensing and handling improves the entire user experience, increasing customer preference for items packed in laminate tubes.
In summary, rising consumer awareness of personal health and product security is driving demand for packaging solutions such as laminate tubes that provide protection, convenience, and peace of mind, consequently propelling the laminate tube packaging market.
Laminate Tube Packaging Market: Restraints
Fluctuations in raw material costs
Variations in raw material pricing provide substantial hurdles to the laminate tube packaging industry. Aluminium, plastic, and adhesives are the main components of laminate tubes, therefore price variations have a direct influence on production costs.
When raw material costs rise, businesses face greater manufacturing costs, resulting in lower profit margins or higher pricing for laminate tube goods. This might make laminate tubes less competitive when compared to other packaging options, lowering market demand and sales.
Furthermore, fluctuating raw material costs introduce uncertainty into the management of supply chains and purchasing planning, making it difficult for producers to anticipate and manage inventories properly. To reduce these issues, organizations aim to protect against price volatility through extended supply contracts, diversification of raw material sources, or using cost-effective measures in production processes.
Laminate Tube Packaging Market: Opportunities
Advancements in tube sealing and dispensing technologies
Tube sealing and dispensing technologies are transforming the laminate tube packaging business by increasing efficiency, reliability of products, and consumer convenience. Modern sealing techniques, such as ultrasonic sealing and hot air sealing, offer secure and hermetic closures that prevent leakage and keep products fresh.
These developments allow producers to achieve strict quality standards and regulatory requirements, especially in areas such as pharmaceuticals and cosmetics, where product safety is critical. Furthermore, advanced dispensing technologies like precision nozzles and airless pumps provide accurate and regulated product distribution, reducing waste and improving the user experience.
These technologies allow customers to easily extract the correct amount of product while eliminating waste and ensuring product hygiene. As a consequence, manufacturers may differentiate their products on the market by providing higher features.
In addition, innovations in tube sealing and dispensing technologies stimulate package design innovation, enabling the creation of customized solutions based on unique product requirements and customer preferences.
In conclusion, incorporating modern sealing and dispensing technologies into laminate tube packaging enhances product performance by allowing manufacturers to create novel products and differentiate their goods in a competitive environment.
Laminate Tube Packaging Market: Segmentation Analysis
The global Laminate Tube Packaging market is segmented by product type, end user, and region. Based on product type, the market is classified into aluminium barrier laminate and plastic barrier laminate. Aluminium barrier laminate dominated the market in 2023 with a market share of 69.5% and is expected to keep its dominance during the forecast period 2024-2033.
Aluminium barrier laminate plays a pivotal role in driving the growth of the laminate tube packaging market owing to its outstanding protective properties and flexibility. Aluminium, as a barrier material, efficiently inhibits moisture, oxygen, and light from entering products like medications, cosmetics, and food items, increasing their shelf life.
Furthermore, aluminium laminate tubes provide exceptional protection against external pollutants, maintaining product integrity and safety. Furthermore, the lightweight nature of aluminium makes laminate tubes more portable and convenient, making them suitable for travel-sized and on-the-go items.
Moreover, aluminium barrier laminate enables high-quality printing and customization, allowing firms to improve packaging aesthetics and shelf appeal. Ultimately, producers benefit from the usage of aluminium barrier laminate in laminate tube packaging with a competitive edge by offering superior protection, functionality, and branding opportunities, thus driving market demand and growth.
Based on end user, the market is classified into oral care, cosmetics and personal care, pharma and health and others. Cosmetics and personal care dominated the market in 2023 with a market share of 45.5% and are expected to keep their dominance during the forecast period 2024-2033.
Cosmetics and personal care items are important drivers of the laminate tube packaging market owing to a variety of factors. These sectors prioritize packaging that not only protects the product’s integrity but also makes it more appealing to customers.
Laminate tubes provide design and printing flexibility, allowing cosmetics and personal care companies to produce eye-catching packaging that matches their brand image and draws customers’ attention on shop shelves and online platforms.
Laminate tubes offer several practical advantages, including portability, convenience of use, and product dispensing control, making them excellent for a variety of cosmetic and personal care applications that include lotions, creams, gels, and ointments.
Furthermore, laminate tubes have good barrier characteristics that protect the contents from moisture, oxygen, and light exposure, extending the product’s efficacy and shelf life. This is especially crucial for cosmetics and personal care products that include delicate chemicals that are susceptible to deterioration or contamination.
Moreover, the sustainability of laminate tubes is consistent with the growing customer desire for environmentally responsible packaging solutions.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 5.9 Billion |
Projected Market Size in 2033 | USD 11.6 Billion |
Market Size in 2023 | USD 5.2 Billion |
CAGR Growth Rate | 7.6% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, End User and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Laminate Tube Packaging Market: Regional Analysis
By region, Laminate Tube Packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Laminate Tube Packaging market in 2023 with a market share of 40.4% and is expected to keep its dominance during the forecast period 2024-2033.
North America has a highly developed consumer goods market that includes cosmetics, medicines, and food items, all of which make substantial use of laminate tube packaging. The high demand for these consumer items necessitates inventive and appealing packaging options, with laminate tubes being selected for their adaptability and visual appeal.
Furthermore, North America places a high value on sustainability and environmentally friendly packaging solutions. Laminate tubes provide benefits such as lightweight construction, recyclability, and barrier qualities, which are consistent with the region’s sustainability goals and customer preferences for ecologically responsible packaging.
Additionally, the existence of major packaging suppliers and manufacturers in North America supports the growth of the laminate tube market. These businesses use cutting-edge production technology and materials to create high-quality, customizable laminate tubes that cater to a wide range of industry applications.
Moreover, the region’s well-established retail infrastructure, which includes vast distribution networks and sophisticated store layouts, creates several potentials for the use of laminate tube packaging across various product categories.
Laminate Tube Packaging Market: Recent Developments
- In 2019, Stora Enso launched biodegradable and renewable paperboard tube packaging for cosmetics, providing an environmentally friendly alternative to traditional plastic packaging methods.
- In February 2021, Huhtamaki Flexible Packaging Europe received RecyClass clearance for three polyethylene laminated tube technologies constructed in partnership with its partners, Zalesi, a Czech injection molder and toolmaker, and Plastuni Lisses, a Somater Group company.
- In April 2022, Tubes Holdings, a provider of aluminum aerosol cans, metal tubes, metallic cartridges and plastic tubes for the cosmetics industry, as well as for pharma, food, and technology, acquired aluminum aerosol cans and aluminum tube professionals, Matrameta.
List of the prominent players in the Laminate Tube Packaging Market:
- Essel Propack Ltd.
- Albea Group
- Huhtamaki Oyj
- CCL Industries Inc.
- Berry Global Inc.
- Montebello Packaging Inc.
- Hoffmann Neopac AG
- Tubopress Italia Srl
- Linhardt GmbH & Co. KG
- Hubei Xin Ji Pharmaceutical Packaging Co. Ltd.
- Alltub Group
- Collapsible Tube Corporation
- Plastube Inc.
- IntraPac International Corporation
- Impact International
- Viva Group
- Kyodo Printing Co. Ltd.
- MPack
- Perfect Containers Pvt. Ltd.
- Aisa S.p.A.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Laminate Tube Packaging Market is segmented as follows:
By Product Type
- Aluminium Barrier Laminate
- Plastic Barrier Laminate
By End User
- Oral Care
- Cosmetics and Personal Care
- Pharma and Health
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Laminate Tube Packaging Market, (2024 – 2033) (USD Billion)
- 2.2 Global Laminate Tube Packaging Market: snapshot
- Chapter 3. Global Laminate Tube Packaging Market – Industry Analysis
- 3.1 Laminate Tube Packaging Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Changing Consumer Preferences Towards Natural Ingredients
- 3.2.2 Consumer awareness regarding personal health
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By End User
- Chapter 4. Global Laminate Tube Packaging Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Laminate Tube Packaging Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Laminate Tube Packaging Market – Product Type Analysis
- 5.1 Global Laminate Tube Packaging Market Overview: By Product Type
- 5.1.1 Global Laminate Tube Packaging Market Share, By Product Type, 2023 and 2033
- 5.2 Aluminium Barrier Laminate
- 5.2.1 Global Laminate Tube Packaging Market by Aluminium Barrier Laminate, 2024 – 2033 (USD Billion)
- 5.3 Plastic Barrier Laminate
- 5.3.1 Global Laminate Tube Packaging Market by Plastic Barrier Laminate, 2024 – 2033 (USD Billion)
- 5.1 Global Laminate Tube Packaging Market Overview: By Product Type
- Chapter 6. Global Laminate Tube Packaging Market – End User Analysis
- 6.1 Global Laminate Tube Packaging Market Overview: By End User
- 6.1.1 Global Laminate Tube Packaging Market Share, By End User, 2023 and 2033
- 6.2 Oral Care
- 6.2.1 Global Laminate Tube Packaging Market by Oral Care, 2024 – 2033 (USD Billion)
- 6.3 Cosmetics and Personal Care
- 6.3.1 Global Laminate Tube Packaging Market by Cosmetics and Personal Care, 2024 – 2033 (USD Billion)
- 6.4 Pharma and Health
- 6.4.1 Global Laminate Tube Packaging Market by Pharma and Health, 2024 – 2033 (USD Billion)
- 6.5 Others
- 6.5.1 Global Laminate Tube Packaging Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Laminate Tube Packaging Market Overview: By End User
- Chapter 7. Laminate Tube Packaging Market – Regional Analysis
- 7.1 Global Laminate Tube Packaging Market Regional Overview
- 7.2 Global Laminate Tube Packaging Market Share, by Region, 2023 & 2033 (USD Billion)
- 7.3. North America
- 7.3.1 North America Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.3.1.1 North America Laminate Tube Packaging Market, by Country, 2024 – 2033 (USD Billion)
- 7.3.1 North America Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.4 North America Laminate Tube Packaging Market, by Product Type, 2024 – 2033
- 7.4.1 North America Laminate Tube Packaging Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.5 North America Laminate Tube Packaging Market, by End User, 2024 – 2033
- 7.5.1 North America Laminate Tube Packaging Market, by End User, 2024 – 2033 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.6.1.1 Europe Laminate Tube Packaging Market, by Country, 2024 – 2033 (USD Billion)
- 7.6.1 Europe Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.7 Europe Laminate Tube Packaging Market, by Product Type, 2024 – 2033
- 7.7.1 Europe Laminate Tube Packaging Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.8 Europe Laminate Tube Packaging Market, by End User, 2024 – 2033
- 7.8.1 Europe Laminate Tube Packaging Market, by End User, 2024 – 2033 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.9.1.1 Asia Pacific Laminate Tube Packaging Market, by Country, 2024 – 2033 (USD Billion)
- 7.9.1 Asia Pacific Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.10 Asia Pacific Laminate Tube Packaging Market, by Product Type, 2024 – 2033
- 7.10.1 Asia Pacific Laminate Tube Packaging Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.11 Asia Pacific Laminate Tube Packaging Market, by End User, 2024 – 2033
- 7.11.1 Asia Pacific Laminate Tube Packaging Market, by End User, 2024 – 2033 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.12.1.1 Latin America Laminate Tube Packaging Market, by Country, 2024 – 2033 (USD Billion)
- 7.12.1 Latin America Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.13 Latin America Laminate Tube Packaging Market, by Product Type, 2024 – 2033
- 7.13.1 Latin America Laminate Tube Packaging Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.14 Latin America Laminate Tube Packaging Market, by End User, 2024 – 2033
- 7.14.1 Latin America Laminate Tube Packaging Market, by End User, 2024 – 2033 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Laminate Tube Packaging Market, by Country, 2024 – 2033 (USD Billion)
- 7.15.1 The Middle-East and Africa Laminate Tube Packaging Market, 2024 – 2033 (USD Billion)
- 7.16 The Middle-East and Africa Laminate Tube Packaging Market, by Product Type, 2024 – 2033
- 7.16.1 The Middle-East and Africa Laminate Tube Packaging Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.17 The Middle-East and Africa Laminate Tube Packaging Market, by End User, 2024 – 2033
- 7.17.1 The Middle-East and Africa Laminate Tube Packaging Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Essel Propack Ltd.
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Albea Group
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Huhtamaki Oyj
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 CCL Industries Inc.
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Berry Global Inc.
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Montebello Packaging Inc.
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Hoffmann Neopac AG
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Tubopress Italia Srl
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Linhardt GmbH & Co. KG
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Hubei Xin Ji Pharmaceutical Packaging Co. Ltd.
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Alltub Group
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Collapsible Tube Corporation
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Plastube Inc.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 IntraPac International Corporation
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Impact International
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 Viva Group
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.17 Kyodo Printing Co. Ltd.
- 8.17.1 Overview
- 8.17.2 Financials
- 8.17.3 Product Portfolio
- 8.17.4 Business Strategy
- 8.17.5 Recent Developments
- 8.18 MPack
- 8.18.1 Overview
- 8.18.2 Financials
- 8.18.3 Product Portfolio
- 8.18.4 Business Strategy
- 8.18.5 Recent Developments
- 8.19 Perfect Containers Pvt. Ltd.
- 8.19.1 Overview
- 8.19.2 Financials
- 8.19.3 Product Portfolio
- 8.19.4 Business Strategy
- 8.19.5 Recent Developments
- 8.20 Aisa S.p.A.
- 8.20.1 Overview
- 8.20.2 Financials
- 8.20.3 Product Portfolio
- 8.20.4 Business Strategy
- 8.20.5 Recent Developments
- 8.21 Others.
- 8.21.1 Overview
- 8.21.2 Financials
- 8.21.3 Product Portfolio
- 8.21.4 Business Strategy
- 8.21.5 Recent Developments
- 8.1 Essel Propack Ltd.
List Of Figures
Figures No 1 to 20
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
|
|
Demand-side |
|
|
Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
|
|
Prominent Player
- Essel Propack Ltd.
- Albea Group
- Huhtamaki Oyj
- CCL Industries Inc.
- Berry Global Inc.
- Montebello Packaging Inc.
- Hoffmann Neopac AG
- Tubopress Italia Srl
- Linhardt GmbH & Co. KG
- Hubei Xin Ji Pharmaceutical Packaging Co. Ltd.
- Alltub Group
- Collapsible Tube Corporation
- Plastube Inc.
- IntraPac International Corporation
- Impact International
- Viva Group
- Kyodo Printing Co. Ltd.
- MPack
- Perfect Containers Pvt. Ltd.
- Aisa S.p.A.
- Others
FAQs
The restraints of the Laminate Tube Packaging market is fluctuations in raw material costs.
The major driver for the Laminate Tube Packaging market is changing consumer preferences towards natural ingredients and consumer awareness regarding personal health.
The “Aluminium Barrier Laminate” category dominated the market in 2023.
The key players in the market are Essel Propack Ltd., Albea Group, Huhtamaki Oyj, CCL Industries Inc., Berry Global Inc., Montebello Packaging Inc., Hoffmann Neopac AG, Tubopress Italia Srl, Linhardt GmbH & Co. KG, Hubei Xin Ji Pharmaceutical Packaging Co. Ltd., Alltub Group, Collapsible Tube Corporation, Plastube Inc., IntraPac International Corporation, Impact International, Viva Group, Kyodo Printing Co. Ltd., MPack, Perfect Containers Pvt. Ltd., Aisa S.p.A., Others.
“North America” had the largest share in the Laminate Tube Packaging Market.
The global market is projected to grow at a CAGR of 7.6% during the forecast period, 2024-2033.
The Laminate Tube Packaging Market size was valued at USD 5.9 Billion in 2024.