Collapsible Metal Tubes Global Market Report 2022

Major players in the collapsible metal tubes market are Auber Packaging Co, Ltd, CONSTRUCT Packaging, Linhardt, Universal Metal Products, Antilla Propack, PAKET Corporation, Albéa, ALLTUB Group, Montebello Packaging, and Jiujiang Deshun Adhesives.

The global collapsible metal tubes market is expected to grow from $1.22 billion in 2021 to $1.3 billion in 2022 at a compound annual growth rate (CAGR) of 5.8%. The market is expected to grow to $1.48 billion in 2026 at a CAGR of 3.3%.

The collapsible metal tubes market consists of sales of collapsible metal tubes by entities (organizations, sole traders and partnerships) that manufacture collapsible metal tubes.Collapsible tubes are composite containers used for storing and dispensing liquid formulations that have a paste-like consistency like cosmetics, pharmaceutical products, paint, adhesives and ointments.

Collapsible metal tubes are made of metal or thermoplastic and thus prevent toxic gases, odour and dust to enter, ensuring the natural quality of the product when closed.

The main product types of collapsible metal tubes are twist tubes, squeeze tubes and other product types.Squeeze tubes are originally used for food products like jams, jellies, ad mayonnaise, they are being used by cosmetics manufacturers.

The closure type is fez cap, nozzle cap, flip top cap, stand up cap, and other closure types. The various end-user involved are home care and personal care, cosmetics, industrial, pharmaceutical, and other end-users.

North America was the largest region in the collapsible metal tube market in 2021. The regions covered in the collapsible metal tubes report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing concern over plastic packaging globally contributed to the growth of the collapsible metal tubes market in the historic period.The rising awareness and consumers’ preference towards sustainable options along with reducing plastic usage contributed to the growth of the market.

For instance, according to a 2019 survey by Finland based chemicals company, Kemira, among 4,000 respondents in the United States, China, Germany and Finland, over 50% of the respondents said that they would be willing to pay more for renewable food packaging and most respondents were also hoping to reduce the use of plastic in their lives. Therefore, the concern over plastic packaging, harming the environment and consumers’ preference towards reducing plastic waste increased demand for the collapsible metal tubes market in the historic period.

The growing focus towards recycling is a key trend gaining popularity in the collapsible metal tubes market.Major companies operating in the collapsible metal tubes sector are focused on developing recyclable solutions for collapsible metal tubes to reduce wastage and pollution.

For instance, in April 2019, Tubettificio Favia, an Italian company launched ToBeNaturAL, a collapsible aluminium tube with a biodegradable closure seal. After usage, the aluminium tube can be recycled, and the bioplastic cap can be thrown directly into household agricultural waste, where it can decompose into humus for the soil and plant food.

The countries covered in the collapsible metal tubes market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.