The global barrier tube packaging market garnered US$ 11,103.6 Million in 2022 and is likely to exhibit a CAGR of 6.2% to be valued at US$ 20,263.3 Million by 2032.
Tubes are commonly used for packaging of viscous fluids such as gel, cream, ketchup, etc. Consumers prefer tubes for the products to be used in smaller quantity as tubes offer the convenience of using a product frequently and efficiently.
Barrier tubes can carry products that are volatile in nature, thus for preventing the materials from getting leaked, oxidized manufacturers alter the barrier properties of the tube. Tubes are commonly made of plastic and manufacturers use various combinations of materials to improve the barrier properties of the tube packaging. Barrier tube packaging has wide range of application such as pharmaceutical industry, personal care industry, household goods, the pharmaceutical industry, food industry, etc.
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Tube packaging provides opportunities for the manufacturer to supply product in various quantities and raw material being cheaply available for tube form of packaging is widely preferred by the manufacturers.
Barrier Tube Packaging Market – Key Players
Some major players of the barrier tube packaging market are
- Essel Propack Limited,
- Ampac Holdings, LLC,
- Montebello Packaging,
- Viva IML Tubes,
- Uflex Limited,
- Tubapack, a.s.,
- IntraPac International Corporation,
- Tekni-Plex, Inc.,
- Skypack India Pvt Ltd,
- Guangzhou Amy Plastic Tube Co., Ltd.,
- Shenzhen Unique Pack Products Co., Ltd.,
- Yangzhou Zhongjidingsheng Trading Co., Ltd.,
- Rego Packing Industry Co., Ltd.,
- Nantong YouRong Equipment Co., Ltd., etc.
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Barrier Tube Packaging Market: Market Dynamics
The need of making packaging more user-friendly has led to the evolution of tube packaging. Barrier tube packaging is co-related to the flexible packaging market. Flexible packaging is estimated to be about US$ 238 billion and is expected to grow at a CAGR of 5.2% over the forecast period. On the backdrop of the convenience offered by the tube packaging the use of the tubes for packaging of viscous fluids influences the barrier tube packaging market.
The need for improving the shelf life and efficiency in the usage of products has widened the area of application for barrier tubes. The ability of barrier tube to provide protection against moisture, light, heat, etc.is an important factor contributing to the growth of the barrier tube packaging market. However, the inability of the barrier tubes to offer bulk packaging can limit the growth in barrier tube packaging market.
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