May 22, 2024
Collapsible Metal Tubes Market

Collapsible Metal Tubes Market is Expected to Gain Traction by Rising Advancements in Decorative Packaging and Labelling

The global collapsible metal tubes market is a multibillion-dollar industry with extensive applications across various end-use industries such as cosmetics, oral care, food, and homecare. Collapsible metal tubes are aluminium or tinplated steel packaging tubes that feature airtight seal technology and ease of dispensing various viscous products without spillage or wastage. They are widely used for packaging pastes, gels, creams, and semi-solid formulations of personal care and cosmetic products due to excellent barrier properties against moisture, oxygen, and light.

The global collapsible metal tubes market is estimated to be valued at US$ 11.76 billion in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Rising advancements in decorative packaging and labelling is expected to gain significant traction for the collapsible metal tubes market over the forecast period. Innovative printing technologies along with trendy design outlooks and informative labelling have augmented the visual shelf appeal of products packed in collapsible metal tubes. This has encouraged various personal care and cosmetic brands to innovatively design their packaging tubes with vibrant colours and creative graphics to attract consumer attention. Additionally, the increasing consumer demand for premium and sustainable packaging is prompting manufacturers to produce collapsible metal tubes from recyclable aluminium rather than tinplate steel, which is more eco-friendly. Prominent players are also integrating next-generation value-added features such as child resistance caps and squeeze dispensing for added convenience. These factors are projected to propel the demand for collapsible metal tubes in the global market.

Segment Analysis

The global collapsible metal tubes market is dominated by the cosmetics and personal care sub-segment. This sub segment accounts for over 30% of the total market share owing to the high demand for collapsible metal tubes from the cosmetics industry for packaging creams, gels, pastes and other cosmetic products. The smaller diameter size and shape of collapsible metal tubes make them ideal for uniform and targeted dispensing of viscous cosmetic products.

PEST Analysis

Political: Any trade restrictions or tariffs imposed on import of raw materials for manufacturing collapsible metal tubes can impact the market. Favorable regulatory framework for packaging industry supports the market growth.

Economic: Growth of personal care and cosmetic industry acts as a key driver for the market. Rising disposable income levels increase consumer spending on premium cosmetic products packaged in collapsible metal tubes.

Social: Increasing beauty consciousness and adoption of modern lifestyles fuel the demand for wide range of cosmetic products. Social media influence and celebrity endorsements promote new product launches and brands.

Technological: Advances in metal coating techniques help manufacturers provide anti-corrosion and enhanced shelf-life properties. Developments in valve design and mechanisms enable improved product dispensing controls.

Key Takeaways

The Global Collapsible Metal Tubes Market Demand was valued at US$ 11.76 Mn in 2024 and is anticipated to grow at a CAGR of 5.4% during the forecast period.

Regional analysis:

Asia Pacific accounts for the largest share of over 35% of the global collapsible metal tubes market. China dominates the regional market with its large population base and improving living standards increasing the demand for premium cosmetic products. Rapid industrialization and emergence of domestic personal care brands drive the consumption of collapsible metal tubes in the region.

Key players:

Key players operating in the collapsible metal tubes market are Montebello Packaging, Adelphi Healthcare Packaging, Linhardt GmbH & Co. KG, ALLTUB Group, Perfect Containers Pvt. Ltd., UNICEP, Almin Extrusion, CONSTRUCT Packaging, PIONEER GROUP and Hoffmann Neopac.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it