Aluminium Collapsible Tubes Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Closure Type (Flip Top Cap, Stand Up CapNozzle Cap, Fez Cap, Others), By End User (Cosmetics, Pharmaceuticals, Food, Personal Care, Others), And Geography - Forecasts From 2019 To 2024

Global aluminum collapsible tubes market is expected to grow at a compound annual growth rate of 5.26% over the period 2019 to 2024 to reach a market size of US$1,831.313 million by 2024 from US$1,346.293 million in 2018. Aluminium collapsible tubes refer to the flexible containers used for the storage of products such as creams, gels, etc. These tubes assist in the prevention of external contaminants such as toxic gases, odour, dust, etc. which may hamper the quality of the substances that have been packaged along with the advancement of the shelf life of the products which as a result is projected to enhance the demand for the market during the forecast period. Furthermore, the demand for aluminium collapsible tubes is expected to increase on account of the cost-effectiveness of using aluminium in contrast to other metallic alternatives. The emerging trend of consumers favouring flexible packaging as opposed to rigid packaging is estimated to drive the demand for the aluminium collapsible tubes market. Moreover, the rising demand for cosmetic products in the North American region is anticipated to further aid the growth of the market in the coming years.

DRIVERS

Rising demand for cosmetic products

Changing preference towards flexible packaging

RESTRAINTS

Availability of substitutes

The major players profiled in the aluminium collapsible tubes market include Essel Propack Limited, Montebello Packaging, Andpak Inc., Universal Metal Products, Adelphi Healthcare Packaging, Albea S.A., Almin Extrusion, Paket Corporation, Pioneer Group, ALLTUB Group, CONSTRUCT Packaging, Antilla Inc., SUBNIL (P) Ltd., LINHARDT GmbH & Co. KG, Perfect Containers Group, Hubei Xin Ji Pharmaceutical Packaging Co., Ltd., Collapsible Tubes Corporation, Sorbead India.

Segmentation

The aluminum collapsible tubes market has been analyzed through the following segments:

• By Closure Type
  • Flip Top Cap
  • Stand Up Cap
  • Nozzle Cap
  • Fez Cap
  • Others

• By End User
  • Cosmetics
  • Pharmaceuticals
  • Food
  • Personal care
  • Others

• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Others

Frequently Asked Questions (FAQs)

Q1. What will be the aluminum collapsible tubes market size by 2024?
A1. The global aluminum collapsible tubes market is expected to reach a total market size of US$1,831.313 million in 2024.

Q2. What are the growth prospects for the aluminum collapsible tubes market?
A2. The aluminum collapsible tubes market is expected to grow at a CAGR of 5.26% over the forecast period.

Q3. What is the size of the global aluminum collapsible tubes market?
A3. Aluminum Collapsible Tubes Market was valued at US$1,346.293 million in 2018.

Q4. Who are the major players in the aluminum collapsible tubes market?
A4. The major players profiled in the aluminum collapsible tubes market include Essel Propack Limited, Montebello Packaging, Andpak Inc., Universal Metal Products, Adelphi Healthcare Packaging, Albea S.A., Almin Extrusion, Paket Corporation, Pioneer Group, ALLTUB Group, CONSTRUCT Packaging, Antilla Inc., SUBNIL (P) Ltd., LINHARDT GmbH & Co. KG, Perfect Containers Group, Hubei Xin Ji Pharmaceutical Packaging Co., Ltd., Collapsible Tubes Corporation, Sorbead India.

Q5. What factors are anticipated to drive the aluminium collapsible tubes market growth?
A5. The emerging trend of consumers favouring flexible packaging as opposed to rigid packaging is estimated to drive the demand for the aluminum collapsible tubes market.