The tube and stick packaging market was valued at US$1,321.473 million in 2021 and is expected to grow at a CAGR of 7.57% during the forecast period.
Tube & stick packaging is a type of packaging design that combines the convenience of a tube with the structural stability of sticks. It typically consists of a cylindrical tube that contains multiple individual stick-shaped products, such as cosmetic items or snacks. The tube provides a protective and easy-to-use container, while the sticks inside offer a practical and efficient way to access and use the individual items. This packaging design is popular for its functionality, portability, and ability to promote organized and controlled consumption.Introduction:
The tube and stick packaging market is expected to grow at a significant rate in the forecasted year. The market includes a variety of packaging types, such as laminated, aluminium, and plastic, and is used in a range of applications, including cosmetics, oral care, and home care. Tube and stick packaging is used for a wide variety of products, including cosmetics, personal care products, food, and beverages. This type of packaging is popular because it is lightweight, durable, and easy to use. Tube and stick packaging is also often recyclable or biodegradable, making it a sustainable option. The market is driven by factors such as increasing demand for convenience and portability, as well as the rise of e-commerce and online shopping.Drivers:
- Increasing demand for convenient and portable packaging:
- The growing popularity of stick-based products:
- Rising awareness of the benefits of sustainable packaging:
- Increased demand for personalized packaging:
- Growth of the e-commerce market:
- Advances in packaging technology:
- Expanding product portfolio:
- The growing popularity of premium products:
- Increasing disposable income:
- Changing consumer preferences:
Products offered by key companies:
- Mespack's water-soluble stick packs:These stick packs are made from a water-soluble material that dissolves in water, making them a more sustainable option than traditional plastic stick packs.
- Plastube's Extruded Tube:In the medical, cosmetic, and industrial sectors, extruded plastic tubes are quite popular because they can be easily customized to suit any need. Modern technology is used in Plastube's extruded tube production facility to speed up order processing.
Positive growth in the cosmetics and personal care segment:
The cosmetics and personal care segment within the tube and stick packaging market is experiencing positive growth. This growth can be attributed to factors such as increasing consumer demand for beauty and personal care products, the introduction of new product formulations, and the rising focus on packaging aesthetics and convenience. Tube packaging provides an ideal solution for these industries, offering easy and precise product dispensing, protection of sensitive formulations, and the ability to accommodate various sizes and shapes of cosmetic and personal care products.Asia-pacific region is expected to hold a significant market share:
Asia Pacific is expected to hold a significant share of the tube and sick packaging market. This is primarily due to factors such as rapid industrialization, urbanization, and the expanding consumer goods industry in countries like China and India. The region's growing population, increasing disposable incomes, and changing consumer lifestyles are driving the demand for various products, including cosmetics, personal care items, and pharmaceuticals. As a result, the demand for tube packaging is rising to cater to these expanding markets, making the Asia Pacific a key region for the tube and stick packaging industry.Key developments:
- In May 2023,Blue Ocean Closures, in collaboration with Stora Enso and AISA, has introduced a groundbreaking paperboard tube with an innovative closure made of over 85% fibers. This wood fiber-based concept enables brands to increase the use of renewable materials in their packaging while ensuring recyclability. With the highest fiber content in a tube design, this solution aims to be available for commercial use, particularly in cosmetics, personal care, and home care, by 2024.
Segmentation
By Packaging Type
- Squeeze
- Twist
- Cartridge
- Other
By Material
- Plastic
- Paper
- Aluminium
- Other
By Application
- Personal Care
- Healthcare
- Food
- Homecare
- Other
By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. TUBES AND STICKS PACKAGING MARKET BY PACKAGING TYPE
6. TUBES AND STICKS PACKAGING MARKET BY MATERIAL
7. TUBES AND STICKS PACKAGING MARKET BY APPLICATION
8. TUBES AND STICKS PACKAGING MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
- Amcor PLC
- Armbrust Paper Tubes Inc.
- Berry Global Gr.
- Albea S.A.
- CCL Industries Inc.
- Essel Propack Limited (The Blackstone Group)
- Constantia Flexibles Group GmbH (Wendel Group)
- Clariant International Ltd (Clariant AG)
- The Plastek Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 156 |
Published | December 2023 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 1321.47 Million |
Forecasted Market Value ( USD | $ 2202.4 Million |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |