The global composite cardboard tubes market size is expected to be valued at USD 1.7 billion in 2023. Increasing demand for sustainable packaging solutions, bolsters the overall scope for composite cardboard tubes market, which is projected to grow at a CAGR of 6.0% between 2023 and 2033, totaling around USD 3.1 billion by 2033.
| Data Points | Key Statistics |
|---|---|
| Composite Cardboard Tubes Market Value 2023 | USD 1.7 billion |
| Composite Cardboard Tubes Market Projected Value (2033) | USD 3.1 billion |
| Composite Cardboard Tubes Market CAGR (2023 to 2033) | 6.0% |
Customized composite cardboard tubes offer a unique and eye-catching packaging solution that stands out on store shelves or in online product listings. Brands can enhance the visibility of their products and attract consumer attention, by incorporating vibrant graphics, logos, and visually appealing designs. The increased visibility helps products to differentiate themselves from competitors and create a strong brand presence in the market.
Packaging is an essential component of brand identity. Customizing composite cardboard tubes with consistent brand elements, such as logos, taglines, and color schemes, helps establish brand recognition. When consumers encounter products packaged in customized tubes repeatedly, it reinforces brand recall and strengthens the association between the packaging and the brand itself, which can lead to increased brand loyalty and repeat purchases.
Customized composite cardboard tubes allow brands to create a personalized and memorable consumer experience. Brands can make customers feel valued and appreciated, by printing individual customer names, personalized messages, or special edition designs on the tubes. The personal touch creates a positive emotional connection, which can lead to stronger customer engagement and loyalty.
Customization enables brands to create a premium packaging perception for their products. Composite cardboard tubes can be transformed into luxurious and upscale packaging solutions, by using high-quality printing techniques, embossing, foiling, or other decorative elements. The premium packaging elevates the perceived value of the product, making it more attractive to consumers and potentially justifying a higher price point.
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The global demand for composite cardboard tubes is projected to increase at a CAGR of 5.1% during the forecast period between 2018 and 2022, reaching a total of USD 3.1 billion in 2033.
According to Future Market Insights, a market research and competitive intelligence provider, the composite cardboard tubes market was valued at USD 1.6 billion in 2022.
The global composite cardboard tubes market, from 2018 to 2022, witnessed steady growth, owing to the innovative product applications of composite cardboard tubes, which have significantly contributed to their growing popularity and market growth. Beyond traditional packaging, these tubes offer versatility and adaptability, making them suitable for various industries and applications.
Composite cardboard tubes provide an efficient and organized storage solution for items such as posters, documents, maps, blueprints, and architectural plans. Their cylindrical shape and customizable length make them ideal for securely storing and protecting these items, preventing them from getting creased, torn, or damaged. Composite cardboard tubes enable easy access, retrieval, and efficient organization of these items, eliminating the need for bulky and inconvenient storage methods.
Composite cardboard tubes are widely used for shipping and mailing purposes, especially for long and slender items that require protection during transit. The tubes offer a lightweight yet robust packaging option that ensures the safe delivery of items such as artwork, rolled posters, promotional banners, and promotional materials. They provide structural integrity, protecting the contents from bending, crushing, or other forms of damage that can occur during shipping.
eCommerce & Online Retail is Likely to be Beneficial for Market Growth
The rapid growth of e-commerce and online retail has significantly impacted the packaging industry, creating a need for sturdy and protective packaging solutions. Composite cardboard tubes have emerged as a preferred choice for packaging delicate and fragile products during shipping and handling due to their excellent protective qualities.
Cosmetics and personal care products often require secure and attractive packaging to maintain product integrity and appeal to consumers. Composite cardboard tubes provide a combination of protection and aesthetic appeal, making them suitable for packaging items such as creams, lotions, serums, and fragrances. The tubes' rigid structure and ability to withstand external pressures and impacts during transit ensure that these products arrive at customers' doorsteps in optimal condition.
The e-commerce sector has witnessed a significant rise in the online purchase of food items, including snacks, spices, condiments, and gourmet products. Composite cardboard tubes offer an ideal packaging solution for these food items, providing protection against moisture, light, and other external factors that can affect product quality. The tubes' structure also allows for easy storage and efficient stacking, minimizing the risk of damage during transportation.
Growing Demand for Luxury Packaging to Fuel the Market Growth
The continually increasing demand for luxury packaging solutions is a significant driver of the growth of the composite cardboard tubes market. Luxury goods, such as cosmetics, perfumes, premium spirits, and high-end consumer goods, require packaging that reflects the exclusivity, sophistication, and premium nature of the products.
Composite cardboard tubes offer an elegant and visually appealing packaging option that aligns with the aesthetics of luxury brands. The tubes can be customized with high-quality printing, embossing, foiling, or other decorative elements to create a luxurious and sophisticated look. The smooth and refined surface of the tubes enhances the overall presentation of the products, conveying a sense of luxury and exclusivity to consumers.
Luxury brands place a strong emphasis on brand image and perception. Packaging plays a crucial role in shaping the perception of the brand and its products. Composite cardboard tubes provide a premium packaging solution that communicates the brand's commitment to quality, craftsmanship, and attention to detail. The use of composite cardboard tubes for luxury goods elevates the brand image and enhances the perceived value of the products.
Principal Consultant
Corrugated Board to take the Lion’s Share
Based on material type, the corrugated board segment is expected to dominate the composite cardboard tubes market in terms of share during the forecast period. The growth is attributable to its recyclable nature. The manufacturing process of corrugated boards does not involve the usage of any expensive equipment or tools, which make these materials very cost-effective. The segment is anticipated to witness a market share of 58.1%.
The materials provide cushioning to the product, thereby ensuring safety amid the shipping, handling, and transportation processes. They are available in various sizes and thicknesses, depending on the specifications and product type. The printing capability, easy usage, and lightweight properties of corrugated board are set to propel their demand in the upcoming years. The segment is expected to hold a CAGR of 5.9% during the forecast period.
Food & Beverage Industry to take the Lion’s Share
There is a growing emphasis on sustainable packaging solutions in the food and beverage industry. Composite cardboard tubes offer an eco-friendly alternative to traditional packaging materials like plastic and metal. The demand for sustainable packaging solutions has risen, as consumers become more environmentally conscious, leading to the growth of composite cardboard tubes in the food and beverage sector. The segment is anticipated to witness a market share of 46.0%.
Composite cardboard tubes provide excellent protection to food and beverage products during storage and transportation. They are resistant to moisture, light, and other external factors that can affect the quality and shelf life of perishable goods. The ability of composite cardboard tubes to preserve the freshness and integrity of food and beverage items is a significant driving factor for their adoption in the industry. The segment is expected to hold a CAGR of 5.8% during the forecast period.
Ring Pull Style to take the Lion’s Share
In terms of lid type, the ring pull style segment is estimated to lead the market in the near future stoked by the easy handling of this lid. The high demand for this type of lid from the food and beverage industry is also set to support the growth of the segment.
According to FCC, in 2020, food and beverage manufacturing sales increased 3.5% year-on-year from USD 118.7 billion to USD 122.9 billion in Canada. The numbers are likely to grow in the other countries across the globe, thereby bolstering the segment. The segment is expected to hold a CAGR of 5.7% during the forecast period.
Eco-friendly & Efficient Packaging to Boost the Market Growth
The surging purchase of various supplements and health drinks owing to the increasing awareness among the general public regarding the importance of fitness, is anticipated to propel the market in China. Asia Pacific excluding Japan composite cardboard tubes market is likely to account for approximately 37.0% of the share in 2022, predicts FMI.
The high demand for attractive yet eco-friendly and efficient packaging is set to bolster the growth in China. The rapid expansion of the e-commerce sector with the presence of numerous industry giants, such as Alibaba, Tmall, JD.com, and Taobao in this country is estimated to push the demand for composite cardboard tubes in the forecast period. The country is expected to hold a CAGR of 7.5% over the analysis period.
Expansion of Cosmetics & Personal Care Industry to Boost the Market Growth
The rapid expansion of the cosmetics and personal care industry because of the high demand for premium and organic products is set to drive the market in the United Kingdom in the near future. As per FMI, the Europe composite cardboard tubes market is set to generate 22.3% of the share in 2022. The country is expected to hold a CAGR of 3.4% over the analysis period.
In July 2020, L’Oréal, a renowned personal care company joined hands with Albéa Packaging to commercialize their innovative paper-based cosmetic tubes. They were introduced under the La Roche-Posay Anthelios sunscreen brand for the very first time. The tubes are made from a blend of FSC-certified, bio-based paper-like material and plastic. The launch would help the company to reduce the usage of plastic by 45% and improve the carbon footprint. In the near future, the launch of similar packaging solutions is anticipated to spur the market in the United Kingdom.
Rising Research and Development Activities to Boost the Market Growth
The increasing investment in research and development activities by reputed companies present in the United States is anticipated to propel the market over the forthcoming years. North America composite cardboard tubes market is expected to account for 19.4% of the share in 2022, finds FMI.
Many organizations are trying to attract the attention of customers of all ages by developing unique packaging solutions in the country. Paper Tube Co., for instance, unveiled its new CPSC-compliant and independent lab-tested child-resistant paper tube named EcoVault in May 2020. The country is expected to hold a market share of 16.3% over the analysis period.
The company wants to lower the amount of plastic in consumer goods. The new packaging tube can be customized and designed to package a large number of products, such as supplements and cannabis. Such innovations by leading and start-up packaging companies in the country is likely to support the growth in this market.
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Composite cardboard tubes market startup players are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to create a larger customer base.
For instance:
Key players in the composite cardboard tubes market are strongly focusing on profit generation from their existing product portfolios along while exploring potential new applications. The players are emphasizing on increasing their composite cardboard tubes production capacities, to cater to the demand from numerous end use industries. Prominent players are also pushing for geographical expansion to decrease the dependency on imported composite cardboard tubes.
Recent Developments
| Attributes | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Billion for value and Tons for Volume |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; East Asia & Pacific; South Asia; and Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel. |
| Key Segments Covered | Material Type, Lid Type, End-use Industry, and Region |
| Key Companies Profiled | Ace Paper Tube Corp; Smurfit Kappa Group; Valk Industries; Visican Ltd; Marshall Paper Tube Co., Inc.; Chicago Mailing Tube Co.; Paper Tubes & Sales; Heartland Products Group; Darpac P/L |
| Report Coverage | Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market in 2023 is valued at USD 1.7 billion.
The CAGR from 2023 to 2033 will be 6%.
From 2018 to 2022, the market expanded at a 5.1% CAGR.
By 2033, the market will reach USD 3.1 billion.
United Kingdom is expected to expand at a CAGR of 6.2% over the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Paperboard 5.2. Corrugated Board 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use Industry 6.1. Food & Beverages 6.2. Cosmetics & Personal Care 6.3. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Lid Type 7.1. Ring Lid Foil Assembly 7.2. Ring Pull Style 7.3. Slip Lid 7.4. Peel-off Membrane 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Ace Paper Tube Corp 18.2. Smurfit Kappa Group 18.3. Valk Industries 18.4. Visican Ltd 18.5. Marshall Paper Tube Co., Inc. 18.6. Chicago Mailing Tube Co. 18.7. Paper Tubes & Sales 18.8. Heartland Products Group 18.9. Darpac P/L. 18.10. Hansen Packaging 19. Assumptions & Acronyms Used 20. Research Methodology
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Composite Cardboard Tubes Market
