[197+ Pages Report] The latest finding surrounding the “Global Cosmetic Tubes Market” published by Facts & Factors offers a neatly packaged and comprehensive read. We at Facts & Factors estimate that the global cosmetic tubes market will reach a projected value of USD 59.3 Billion by 2026 growing at a CAGR of 5.9% from an initial value of USD 48.4 Billion in the year 2020.
Cosmetic tubes are the protection that is applied for the protection of products and their offset branding measures that further provide an additional layer from all the wear and tears during handling and transportation measures. This packaging can take various forms such as tubes, pouches, jars, and others and a variety of packaging materials such as plastic, paper, metal, and glass among others. Cosmetic tubes protect products from dust, dirt, moisture, heat, and sunlight.
The factors fuelling the global cosmetic tubes market include the rising share for the global cosmetic tubes market during the advent of the forecast are the rising demand for cosmetic products coupled with a higher demand from the cosmetic sector in terms of innovations, attractive, and sustainable packaging methods to name a few. Additionally, rising packaging requirements from the sectors of personal care, healthcare, and food coupled with increasing consumer awareness regarding personal health and wellness is expected to increase the footprint of the global cosmetic tubes market during the advent of the forecast period. Moreover, the rising demand for organic products coupled with rising environmental has led to innovations in bioplastics, aluminum, and others which will further overhaul the withstanding boundaries for the global cosmetic tubes market during the advent of the forecast period.
The global cosmetic tubes market is expected to be driven by the rising number of reliable vendors which distribute end products to users at a rapid rate coupled with a direct approach of manufacturers for users through the use of B2B commerce to name a few. The increasing disposable income among consumers coupled with rising digitalization measures is expected to fuel the growth of the global cosmetic tubes market during the advent of the forecast period. However, changing raw material prices coupled with rising environmental concerns about excessive usage is expected to decrease the market share during the advent of the forecast period.
The global cosmetic tubes market is segmented into material, application, and region.
The global cosmetic tubes market is divided into glass, paper & board, plastic, metal, and others on the basis of material. The segment pertaining to glass is expected to witness the largest market share during the advent of the forecast owing to increasing adoption in the luxurious packaging segment coupled with the latter being a highly environment-friendly solution when compared to its counterpart to name a few. Additionally, increased functionality in terms of protection against moisture, light, and air coupled with added benefits of combining properties of metal and plastic is expected to cement the dominated market position of the latter during the advent of the forecast period. Based on application, the global cosmetic tubes market is categorized into skincare, haircare, makeup, and nail care. The segment pertaining to skincare is expected to witness the largest market share during the advent of the forecast owing to rising usage of makeup-related products coupled with rising penetration of multi-purpose skin-care products in the form of face creams, moisturizers, and others to name a few. Additionally, increased integration of hair care products coupled with increasing disposable income among the millennial population is expected to occupy the largest market share of the segment during the advent of the forecast period.
Report Attribute |
Details |
Market Size in 2020 |
USD 48.4 Billion |
Projected Market Size in 2026 |
USD 59.3 Billion |
CAGR Growth Rate |
5.9% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Amcor, Sealed Air Corporation, ALPLA Group, Aptar, Inc., HCP Packaging, Berry Global, Berlin Packaging, Albea SA, BIG SKY PACKAGING, DS Smith, Essel Propack Limited, Clariant, Unette Corporation, Romacco Group, and Hoffman Neopac AG, among others. |
Key Segments |
Materials, Applications, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Asia-Pacific is expected to witness the largest market share during the advent of the forecast owing to the rapid increase of disposable income among consumers coupled with an increasing number of the young population to name a few. Additionally, increasing digitization solutions coupled with the rising integration of social media platforms to reach a wider bunch of consumers will further increase the footprint of the cosmetic tubes market during the advent of the forecast period. Moreover, increasing concerns about environmental packaging solutions have led to rising adoption of sustainable and green packaging measures which will push the existing boundaries of the current cosmetic tubes market during the advent of the forecast period. North America is expected to occupy a substantial market share owing to the rising export figures coupled with an increasing number of consumers switching to post-consumer recycled (PCR) packaging to name a few.
The key market participants for the global cosmetic tubes market are:
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