Published by mark itwired
Posted on September 27, 2021
Packaging plays a crucial role today and serves diverse purposes such as brand promotion and attracting customers for driving sales. As per Future Market Insights (FMI), these factors will enable laminated tubes sales growth at 6.3% CAGR between 2021 and 2031.
Consumers are switching from rigid packaging such as plastic and aluminum packaging tubes to flexible laminated tube packaging. They mostly prefer hygienic, durable, and visually appealing product packaging that also offer high protection of the contents inside the tube.
Laminated tubes are lightweight, hygienic, and tamper-resistant. The premium quality and smooth finish of these tubes makes them more attractive and noticeable. They also protect the content inside the tube from light, air, oxygen, moisture, UV rays, and a variety of bacterial infections.
They also act as a reliable seal to keep the contents free from spoilage, and dust particles, thus extending a product’s shelf life. The multilevel barrier of laminated tubes provides a protective layer and ensures greater longevity of the material.
Therefore, the rising awareness among consumers about health, hygiene, and willingness to purchase cost-effective, and attractive products will create opportunities for the laminated tubes market expansion.
“With increasing consumer focus on oral hygiene and a shift in preference towards visually appealing, hygienic, and premium quality cosmetic products are creating opportunities for laminated tubes market growth. These trends also are encouraging manufacturers to focus on innovations to offer more efficient packaging solutions,” says FMI analyst.
Consumers have become increasingly concerned about the quality and brand value of the cosmetics and personal care products they purchase. Willingness to spend on quality products with premium packaging that will prevent contamination of product packed inside and improve their shelf-life will increase laminated tubes application in the cosmetics sector.
The trend of glossy tubes with sophisticated metallic effects and intricate designs such as realistic photo prints, matte or glossy finishes will help laminated tubes to stand out in the competition.
Concerns related to the environment due to the usage of plastic is negatively impacting the laminated tubes market. Various countries have imposed strict bans and stringent regulations to minimize plastic consumption.
For instance,
Plastic-waste dumping in the sea and landfills is the primary global environmental concern today. Many institutions, NGOs, and government authorities are encouraging plastic manufacturing companies to develop environment-friendly, bio-degradable, and recyclable packaging product solutions.
Laminated tubes are made by using multiple layers to protect the product against environmental conditions. They are not recyclable due to their multi-layer nature. Aluminum laminated tubes are recyclable, whereas plastic laminated tubes are not fully recyclable. Thus, the consumer’s awareness and consciousness towards purchasing eco-friendly products and the government ban on plastic consumption
Berry Global Group Inc., CCL Industries Inc., Huhtamäki Oyj, EPL Limited, Albea S.A., Hoffmann Neopac AG, Tubopress Italia S.R.L and among others are the prominent players in the global laminated tubes market. The Tier 1 players in the market hold 20-30% in the global laminated tubes market.
Future Market Insights, in its new report, offers an unbiased analysis of the global laminated tubes market, analyzing historical demand from 2012-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the laminated tubes market on the basis of product type (Plastic Barrier Laminates (PBL) (( Ethylene Vinyl Alcohol (EVOH), Polyamide (PA), Polyester (PET)), and Aluminum Barrier Laminates (ABL)), capacity (Less than 50 ml, 50 to 100 ml, 101 to 150 ml, and Above 150 ml), cap type (stand-up cap, nozzle cap, fez cap, flip top cap, and other caps), and end use (cosmetic (hair care, skin care, and others (nail care, nail polish, etc.), oral care, commercial (sealants & adhesives, lubricants, others (specialty grease and pesticides)), pharmaceuticals, home and other personal care (laundry gel, toiletries and hand wash gels, others (sealants and adhesives, etc.), food, and others (paints, crayons, and shoe polish)) across seven regions of the globe.
The post Laminated Tubes Market Research Report 2020 – Global Forecast till 2026 first appeared on Market Research Blog.
Packaging plays a crucial role today and serves diverse purposes such as brand promotion and attracting customers for driving sales. As per Future Market Insights (FMI), these factors will enable laminated tubes sales growth at 6.3% CAGR between 2021 and 2031.
Consumers are switching from rigid packaging such as plastic and aluminum packaging tubes to flexible laminated tube packaging. They mostly prefer hygienic, durable, and visually appealing product packaging that also offer high protection of the contents inside the tube.
Laminated tubes are lightweight, hygienic, and tamper-resistant. The premium quality and smooth finish of these tubes makes them more attractive and noticeable. They also protect the content inside the tube from light, air, oxygen, moisture, UV rays, and a variety of bacterial infections.
They also act as a reliable seal to keep the contents free from spoilage, and dust particles, thus extending a product’s shelf life. The multilevel barrier of laminated tubes provides a protective layer and ensures greater longevity of the material.
Therefore, the rising awareness among consumers about health, hygiene, and willingness to purchase cost-effective, and attractive products will create opportunities for the laminated tubes market expansion.
“With increasing consumer focus on oral hygiene and a shift in preference towards visually appealing, hygienic, and premium quality cosmetic products are creating opportunities for laminated tubes market growth. These trends also are encouraging manufacturers to focus on innovations to offer more efficient packaging solutions,” says FMI analyst.
Consumers have become increasingly concerned about the quality and brand value of the cosmetics and personal care products they purchase. Willingness to spend on quality products with premium packaging that will prevent contamination of product packed inside and improve their shelf-life will increase laminated tubes application in the cosmetics sector.
The trend of glossy tubes with sophisticated metallic effects and intricate designs such as realistic photo prints, matte or glossy finishes will help laminated tubes to stand out in the competition.
Concerns related to the environment due to the usage of plastic is negatively impacting the laminated tubes market. Various countries have imposed strict bans and stringent regulations to minimize plastic consumption.
For instance,
Plastic-waste dumping in the sea and landfills is the primary global environmental concern today. Many institutions, NGOs, and government authorities are encouraging plastic manufacturing companies to develop environment-friendly, bio-degradable, and recyclable packaging product solutions.
Laminated tubes are made by using multiple layers to protect the product against environmental conditions. They are not recyclable due to their multi-layer nature. Aluminum laminated tubes are recyclable, whereas plastic laminated tubes are not fully recyclable. Thus, the consumer’s awareness and consciousness towards purchasing eco-friendly products and the government ban on plastic consumption
Berry Global Group Inc., CCL Industries Inc., Huhtamäki Oyj, EPL Limited, Albea S.A., Hoffmann Neopac AG, Tubopress Italia S.R.L and among others are the prominent players in the global laminated tubes market. The Tier 1 players in the market hold 20-30% in the global laminated tubes market.
Future Market Insights, in its new report, offers an unbiased analysis of the global laminated tubes market, analyzing historical demand from 2012-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the laminated tubes market on the basis of product type (Plastic Barrier Laminates (PBL) (( Ethylene Vinyl Alcohol (EVOH), Polyamide (PA), Polyester (PET)), and Aluminum Barrier Laminates (ABL)), capacity (Less than 50 ml, 50 to 100 ml, 101 to 150 ml, and Above 150 ml), cap type (stand-up cap, nozzle cap, fez cap, flip top cap, and other caps), and end use (cosmetic (hair care, skin care, and others (nail care, nail polish, etc.), oral care, commercial (sealants & adhesives, lubricants, others (specialty grease and pesticides)), pharmaceuticals, home and other personal care (laundry gel, toiletries and hand wash gels, others (sealants and adhesives, etc.), food, and others (paints, crayons, and shoe polish)) across seven regions of the globe.
The post Laminated Tubes Market Research Report 2020 – Global Forecast till 2026 first appeared on Market Research Blog.
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