Squeeze Tube Packaging Market, By Material Type, By Application, By Geography

Description

The squeeze tube packaging market is estimated to be valued at USD 8.40 Bn in 2024 and is expected to reach USD 12.60 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 8.40 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	6.00%	2031 Value Projection:	US$ 12.60 Bn

Figure. Squeeze Tube Packaging Market Share (%), By Region 2024

Squeeze tube packaging market is witnessing significant growth in the recent years. Squeeze tubes are flexible packaging solution used for viscous products like pharmaceutical creams, cosmetic products, industrial and automotive pastes among others. They provide excellent barrier protection and allow precise controlled dispensing of products. The unique design feature of the tube enables manufacturers to pack small volumes of products economically. The growing personal care and cosmetics industry coupled with expanding application in healthcare and food sectors has been driving the demand for squeeze tubes. Additionally, factors such as convenience of use, ease of transportation and storage have increased popularity of squeeze tubes among end-users and manufacturers. However, volatility in raw material prices remains a key challenge for market players.

Market Dynamics

The global squeeze tube packaging market is primarily driven by the expanding personal care and cosmetics industry worldwide. Rising incomes and growing consciousness about grooming among consumers has significantly boosted demand for various skin care, hair care and other cosmetic products which are mostly packed in squeeze tubes. This is positively impacting the market growth. Another key growth driver is increasing application of squeeze tubes in pharmaceuticals for packing creams, ointments and other medical preparations owing to barrier properties and precise dosing capability. Positive outlook of healthcare sector especially in developing countries is fueling the market growth. Moreover, growth in food industry where squeeze tubes are gaining acceptance for packaging condiments, sauces and icings is creating new opportunities. However, volatility in raw material prices such as plastic resins, aluminum and laminates poses challenges for market players in terms of operating margins. Stringent regulations pertaining to use of plastic packaging is also restricting the market growth to some extent.

Key Features of the Study

This report provides in-depth analysis of the global squeeze tube packaging market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global squeeze tube packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Amcor Limited, Essel Propack Limited, Albea S.A., Huhtamaki OYJ, Berry Global Inc., Intrapac International Corporation, Montebello Packaging Inc., Worldwide Packaging Inc., Romaco Group, Hoffman Neopac AG, VisiPak, Sonoco Products Company, and Clariant

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global squeeze tube packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global squeeze tube packaging market

Market Segmentation

Material Type Insights (Revenue, USD, 2019 - 2031)
- Aluminum
- Plastic
- Laminated
- Others
Application Insights (Revenue, USD, 2019 - 2031)
- Oral Care
- Beauty & Cosmetics
- Pharmaceuticals
- Food & Beverages
- Others
Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Amcor Limited
- Essel Propack Limited
- Albea S.A.
- Huhtamaki OYJ
- Berry Global Inc.
- Intrapac International Corporation
- Montebello Packaging Inc.
- Worldwide Packaging Inc.
- Romaco Group
- Hoffman Neopac AG
- VisiPak
- Sonoco Products Company
- Clariant

Product Code: CMI2385

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Application
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Squeeze Tube Packaging Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Squeeze Tube Packaging Market - COVID-19
Impact Analysis

5. Global Squeeze Tube Packaging Market, By Material Type, 2019-2031 (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Aluminum
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Plastic
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Segment Trends
Laminated
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Segment Trends

6. Global Squeeze Tube Packaging Market, By Application, 2019-2031 (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Oral Care
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Beauty & Cosmetics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pharmaceuticals
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Food & Beverages
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Squeeze Tube Packaging Market, By Region, 2019-2031 (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Countries
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031 (USD Bn)
- Regions/Countries
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Amcor Limited
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Essel Propack Limited
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Albea S.A.
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Huhtamaki OYJ
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Berry Global Inc.
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Intrapac International Corporation
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Montebello Packaging Inc.
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Worldwide Packaging Inc.
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Romaco Group
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Hoffman Neopac AG
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- VisiPak
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Sonoco Products Company
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates
- Clariant
  - Company Overview
  - Chair Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact