Aluminum Tubes Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Aluminum Tubes Market grew at a CAGR of 4.5% between 2017-2021 and is estimated to be US$ 1641.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.3% and is expected to reach a valuation of US$ 2,750.9 Mn by 2032 end.
Due to its high malleability, aluminum is the material of choice for making collapsible tubes. Typically, they are rolled into hollow cylinders and hammered into sheets before fashioning into boxes.
Aluminum tubes are becoming more widely used because they provide tamper-proof evidence that makes it easier to assess the product’s quality. The market is predicted to grow during the anticipated time due to these advantages. Additionally, aluminum has a magnetic property that aids in sorting debris throughout the recycling process.
ChemView Consulting has analyzed that the in the cosmetics business, where the majority of haircare, skincare, makeup, and other products are produced, aluminum tubes have a variety of uses. Typically, these tubes are squeeze or twist tubes with various attached caps, including nozzle caps, stand-up caps, flip-top caps, and others. Aluminum tubes are in high demand in the cosmetic and oral care industries because of their potential to protect the inside product from airborne contaminants, vapors, UV radiation, etc.
These elements are pressuring producers to expand the variety of aluminum tubes they offer. For instance, Hankel released hair color in boxes to their portfolio in November 2021. The lines are made of 100% recyclable aluminum to promote environmentally friendly packaging options. These user-friendly aluminum tubes that can be recycled shield the product from the elements. Professionals and consumers face future market expansion and higher demand for aluminum tubes.
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Segments Covered in Report
By Tube Type:
- Squeeze Tube
- Twist Tube
- Others
By Product:
- Stand-up cap
- Nozzle Cap
- Flip Top Cap
- Other Caps
By Capacity:
- Less than 50 ml
- 50 to 100 ml
- 100 to 150 ml
- Above 150 ml
By End-User:
- Cosmetics and Personal Care
- Food
- Pharmaceuticals
- Industrial
- Homecare
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Aluminum Tubes Market
- Based on the tube type, Twist Tube is the most important tube type segment in the Aluminum Tubes market.
- Based on the end-user, Pharmaceuticals are expected to expand the fastest during the forecast period.
- The Asia Pacific region dominated 43.1% of the global market for aluminum tubes. Due to the increased need for easy packaging solutions across many industries, including personal care, cosmetics, and pharmaceutical, the area will experience considerable expansion over the forecast period.
Competition Summary
Key companies covered in the market study are Montebello Packaging, Alltub Group, Norsk Hydro, Linhardt GmbH & Co., Perfect Containers Pvt. Ltd., Tubettificio M. Favia s.r.l., Oriental Containers Pvt. Ltd
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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