Barrier Tube Packaging Market

Barrier Tube Packaging Market Outlook (2023 to 2033)

The global barrier tube packaging market garnered almost USD 11,103.6 million in 2022. In the current year, 2023, the net worth of total barrier tube packaging equipment to be sold globally is estimated to be around USD 11,792 million. According to FMI analysis of market trends, it is likely to exhibit a CAGR of 6.2% from 2023 to 2033. Furthermore, by following this promising growth rate, the global market is projected to be valued at USD 21,519.5 million by 2033.

The upsurge in the concern associated with hygiene and convenience packaging and the escalation in demand for excellent barrier properties in packaging materials are the principal driving factors in the barrier tube packaging market. Rising demand for innovative and convenient packaging has compelled manufacturers to innovate novel technologies and products suitable for every end-use industry.

Tubes are commonly used for packaging viscous fluids such as gel, cream, ketchup, etc. Consumers prefer tubes for products to be used in smaller quantities as tubes offer the convenience of using a product frequently and efficiently.

Barrier tubes can carry volatile products. Thus, oxidized manufacturers alter the tube's barrier properties to prevent the materials from getting leaked. Tubes are commonly made of plastic, and manufacturers use various combinations of materials to improve the barrier properties of tube packaging.

Barrier tube packaging has a wide range of applications, such as in the pharmaceutical industry, personal care industry, household goods, food industry, etc. Tube packaging provides opportunities for the manufacturer to supply products in various quantities and raw materials being cheaply available for tube form of packaging is widely preferred by the manufacturers.

Report Attributes or Data Points	Details
Global Barrier Tube Packaging Market Valuation in 2022	USD 11,103.6 million
Estimated Global Market Share in 2023	USD 11,792 million
Forecasted Global Market Size by 2033	USD 21,519.5 million
Projected Global Market Growth Rate from 2023 to 2033	6.2% CAGR

Factors Propelling the Global Barrier Tube Packaging Market

The need to make 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 record a CAGR of 5.2% over the forecast period.

Against the backdrop of the convenience offered by tube packaging, the use of tubes for packaging viscous fluids influences the overall 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 tubes to protect against moisture, light, heat, etc., is an important factor contributing to the growth of the market. However, the inability of the barrier tubes to offer bulk packaging can limit the growth in the barrier tube packaging market.

Moreover, the presence of substitutes for barrier tube packaging, such as stand-up pouches, which are as cheap and efficient as barrier tubes for viscous fluids, can hamper the market. The rising concern of the regulatory authorities on the backdrop of increasing plastic waste can resist the growth of the global market. However, being a sustainable form of packaging can open new opportunities for the overall market over the forecast period.

Factors Hampering the Global Barrier Tube Packaging Market

Owing to the stringent governmental regulations for the usage and manufacturing of barrier tube packaging in several countries, the demand for barrier tube packaging is limited. However, key manufacturers are looking forward to developing novel technologies to reduce carbon footprints across the globe.

Besides, barrier tube packaging helps improve the storage and shelf life of food and pharmaceutical products but leaves a hazardous impact on the environment in the form of waste.

North America is Emerging as an Opportunistic Barrier Tube Packaging Market

North America is expected to lead the barrier, capturing nearly 26% of the global market in 2022. The market growth is attributed to the development of sophisticated organic and innovative formulas by reputed pharmaceutical and skincare companies in the region, thereby expanding the market for barrier tube packaging.

For instance, in Feb 2022, the United States-based Association of Plastic Recyclers approved the Polyfoil MMB mono-material barrier tube by Hoffmann Neopac, a global provider of high-quality packaging for pharma, beauty, and oral care.

The company offers a ground-breaking combination of product protection, accessibility, and appealing aesthetics. The tubes passed muster both with and without its thin-film metallization option.

Moreover, Huhtamaki, a key provider of sustainable packaging solutions, partnered with LyondellBasell, Plastuni Lisses (Groupe Somater), and Groupe Rocher to develop a next-generation sustainable tube laminate. Huhtamaki launched a tube laminate with more than 40% recycled content from renewable-based plastics in July 2021.

Future Market Insights states that these novel developments and product launches are likely to elevate barrier tube packaging sales.

Demand for Barrier Tube Packaging Burgeoning in Europe

In 2022, Europe acquires nearly 23% share in the global market. The European market is projected to witness robust growth throughout the forecast period, states Future Market Insights report.

According to the European Tube Manufacturers Association, roughly 50% of products produced in Europe are used in the cosmetics sector.

Owing to the rising incomes in Eastern European countries and a continually improving standard of living, the demand for cosmetic products is intensified, empowering the market.

Besides, the improved healthcare services in Eastern Europe and favorable manufacturing regulations are opening many growth opportunities for barrier tube packaging manufacturers.

In the food and beverage industry, tube packaging is regarded as a modern and advanced form due to its convenient opening and lightweight. Key manufacturers are developing novel technologies and launching new products, helping them expand their market.

For instance, In April 2022, PulPac and HSMG collaborated on water and oil barriers for PulPac’s Dry Molded Fiber technology that allows a thin, stretchable substrate to be applied during the forming process, helping to ensure the recyclability of molded fiber packaging used for applications like coffee cups.

Start-ups are Adding Value to the Global Barrier Tube Packaging Market

Swelling penetration of start-ups in the Basil Extract market has improved product quality and upsurged global sales. Key developments in the market are:

• In June 2022, Gerdau Graphene, a nanotechnology company, developed a next-generation, graphene-enhanced resin masterbatch formula for plastics, including PP and PE, that reportedly increased performance while reducing raw material usage by as much as 30%.
• In April 2022, Parcel Health, a women-founded medication packaging startup focused on creating sustainable and functional prescription packaging, launched its first pilot program.

Ten independently owned pharmacies are now piloting Parcel Health’s first product, the Phill Box, a recyclable, compostable, water-resistant, and easy-to-use alternative to plastic pill bottles.

Key Players in the Global Barrier Tube Packaging Market

Some prominent players operating in the global market include 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. Key developments in the market are as follows:

• In Sept 2021, Tekni-Plex completed its acquisition of rigid packaging solutions leader Grupo Phoenix, putting the company in a stronger position to broaden its market-focused, customer-driven innovations, especially in food and beverage markets.
• In Jan 2021, United States-based manufacturer of rigid packaging solutions IntraPac International completed its merger with Technical Precision Plastics (TPP). This merger may allow TPP to expand its new array of products among domestic and international customers.
• In May 2022, Packaging provider Neopac introduced its Eco-Stripped Tube, which features a 30% reduction in virgin materials. It can reduce sleeve wall thickness with a comparable materials reduction in the shoulder and cap.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 6.2% from 2023 to 2033
Base Year for Estimation	2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in USD million and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	By Type of Material, By End Use, By Region
Regions Covered	North America; Latin America; Asia Pacific; The Middle East and Africa; Europe
Key Countries Profiled	United States, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, South Africa
Key Companies Profiled	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.
Customization	Available Upon Request

Key Segments Covered in the Barrier Tube Packaging Industry Survey

By Type of Material:

• Plastic
• Low-density Polyethylene (LDPE)
• High-density Polyethylene (HDPE)
• Polypropylene (PP)
• Polyamide (PA)
• Ethylene Vinyl Alcohol copolymer (EVOH)
• Metal
• Aluminum
• Tin

By End Use:

• Pharmaceutical industry
• Consumer packaging
• Food packaging
• Personal care
• Construction
• Others (home care, stationery, etc.)

By Geography:

• North America
• Latin America
• Asia Pacific
• The Middle East & Africa
• Europe

Frequently Asked Questions

How Big is the Barrier Tube Packaging Market?

The market is valued at USD 11,792 million in 2023.

What is the Growth Potential of the Market?

The growth potential of the market is 6.2% through 2033.

Which Region Monopolizes the Global Market?

North America monopolizes the global market.

Who are the Key Barrier Tube Packaging Market Players?

Essel Propack Limited, Ampac Holdings, LLC, and Montebello Packaging are the top players.

Which is the Go-to Market Strategy?

Key players are opting for mergers and acquisitions.