Sales of laminated tubes in the United States were valued at USD 820.9 million in 2023 and are projected to reach USD 1,168.5 million by 2034. The industry is anticipated to expand at a CAGR of 3.3% over the forecast period. Demand for laminated tube in the United States is expected to reach USD 844.1 million in 2024 and is anticipated to exhibit a y-o-y growth of 2.8% in 2024.
Attributes | Key Insights |
---|---|
Base Value (2023) | USD 820.9 million |
Estimated United States Laminated Tube Industry Size (2024) | USD 844.1 million |
Projected United States Laminated Tube Revenue (2034) | USD 1,168.5 million |
Value-based CAGR (2024 to 2034) | 3.3% |
Growing focus on the benefit of using lubricant-based products due to their corrosion-resistant, non-flammable, and safe nature is expected to propel the boom of the laminated tube industry. The laminated tube industry is predicted to surge because of rising customer needs for brilliant and perceived price products and key investments in product improvement & material innovations.
Laminated tubes are extensively used in several industries because of their numerous benefits. These tubes ensure product safety by safeguarding the product against external conditions. A laminated tube offers convenient dispensing, and its portability enhances consumer experience, driving the industry’s growth.
Laminated tubes that are fully recyclable and comply with environmental guidelines & consumers' expectations are being manufactured. These tubes are also made from PCR content, which is expected to influence product demand.
The tubes can be printed with different colors and designs, creating appealing packaging for brand marketing. The combined effect of these factors is pushing sales of laminated tubes in the United States.
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The United States laminated tube industry recorded a CAGR of 1.2% during the historical period, with revenue of USD 820.9 million in 2023, up from USD 784.1 million in 2019.
Laminated tubes have been extensively used for packaging merchandise, toothpaste, lotions, and ointments. However, laminated tubes gained recognition because of their lightweight, flexibility, and high barrier properties, leading to a slow shift away from metallic tubes.
From 2019 to 2023, there have been great improvements in laminated tube generation, mainly in barrier properties. Manufacturers have developed laminated structures with progressed oxygen and moisture barrier properties to extend product shelf life and maintain product integrity.
The laminated tube industry has witnessed improvements in printing strategies and design talents. Advanced and digital printing technologies have enabled manufacturers to create elaborate designs, vibrant colors, and exquisite images on laminated tubes, improving logo visibility and customer enchantment.
With growing environmental interest, there was a shift towards sustainable packaging in the laminated tube industry. Manufacturers are increasingly adopting green products, recyclable plastics, and bio-based polymers to reduce environmental effects and meet regulatory requirements.
Consumer calls for personalized and custom-designed merchandise have inspired the laminated tube industry. Manufacturers are offering customizable tube sizes & shapes and providing mechanisms to cater to clients' numerous dreams and opportunities, thereby improving symbol differentiation and client loyalty.
Growth of the cosmetics and oral care industry fuels demand for convenient packaging solutions that customers can use easily. The laminated tube industry is highly driven by its applications in oral care and cosmetic industry.
Inclination towards Convenient and Easy-to-use Packaging Solutions
Consumers are increasingly inclined towards convenient packaging solutions, which is contributing to growth of laminated tube industry. The easy-to-use features and simplified applications of laminated tubes are attracting customers who need convenience.
The lightweight nature of laminated tubes makes them ideal for on-the-go applications for mobility purposes. Laminated tubes also offer portability, which is in great demand from end-users.
The flexibility and ease of carrying laminated tubes in bags and pockets facilitate consumers. The compactness and ease of use allow these to be carried during traveling and everyday use, uplifting the demand for laminated tubes in the industry.
Laminated tubes protect the package from outside conditions such as moisture, light, and air. Laminated tube packaging offers freshness and maintains product conditions, which can ensure customer satisfaction.
Increased Usage of Plastic Laminated Tubes
Laminated tubes are widely used across industries and are available in two types: plastic barriers and aluminum barrier laminates. Plastic laminated tubes are seamless and are used for high-end products such as cosmetics, food, and toiletries. They have become more popular because of their versatility.
Plastic laminated tubes are soft, durable, and lightweight, which makes them popular in the industry. They are also easy to open & cap and can be manufactured in different shapes and sizes according to the requirements.
The table presents the expected CAGR for the United States laminated tube industry over several semi-annual periods spanning from 2023 to 2034. In the first half (H1) of the decade from 2023 to 2033, the industry is predicted to surge at a CAGR of 3.5%, followed by a lower growth rate of 2.8% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 3.9% in the first half and lower slightly to 2.6% in the second half. These values offer insights into the anticipated growth trends for the United States laminated tube industry, aiding stakeholders and investors in making informed decisions regarding investments & strategies.
Particular | Value CAGR |
---|---|
H1 | 3.5% (2023 to 2033) |
H2 | 2.8% (2023 to 2033) |
H1 | 3.9% (2024 to 2034) |
H2 | 2.6% (2024 to 2034) |
The section below shows the aluminum barrier laminated (ABL) segment leading in terms of product type. It is estimated to thrive at a 3.7% CAGR between 2024 and 2034. Based on end-use, the oral care segment is anticipated to hold a dominant share through 2034. It is set to exhibit a CAGR of 3.6% during the forecast period.
Product Type | Value CAGR (2024 to 2034) |
---|---|
Plastic Barrier Laminated (PBL) | 2.8% |
Aluminum Barrier Laminated (ABL) | 3.7% |
Aluminum barrier laminated (ABL) tubes are increasingly used in pharmaceutical packaging, especially for ointments, gels, and creams, because of their high barrier properties.
ABL tubes provide protection against UV rays, moisture, and oxygen, thereby increasing product integrity. Products such as liniment creams, essential oils, antiseptics, and adhesives are sensitive products that require aluminum barrier laminates to hold them.
End-use | Value CAGR (2024 to 2034) |
---|---|
Cosmetics | 3.5% |
Oral Care | 3.6% |
Increasing consumer demand for oral care products is surging the demand for laminated tubes in the oral care industry. Brands are developing innovative oral care products in the industry, and consumers' increased living standards are increasing their consumption. The easy squeeze of these tubes provides flexibility for their usage and helps in the proper dispensing of oral care products.
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Leading industry players are providing laminated tubes with several printing options and cap types. They are also focusing on providing recyclable tubes to meet the demand.
Companies are developing new products and integrating with different firms and brands for product development. Recent activities of leading players operating in the laminated tube industry of the United States are:
The United States industry is set to reach USD 844.1 million in 2024.
Demand in the United States is slated to expand at a 3.3% CAGR through 2034.
The target industry is set to reach USD 1,168.5 million in 2034.
The oral care segment is expected to garner a significant value share by 2024.
The United States laminated tube industry was valued at USD 820.9 million in 2023.
CCL Industries Inc., Berry Global Group, Inc., and Albéa S.A are the key players.
Estimated Size, 2025 | USD 29.3 billion |
Projected Size, 2035 | USD 37.9 billion |
Value-based CAGR (2025 to 2035) | 2.6% |
Estimated Size, 2024 | USD 18,535.9 million |
---|---|
Projected Size, 2034 | USD 28,599.0 million |
Value-based CAGR (2024 to 2034) | 4.4% |
Industry Size (2024E) | USD 3,385.8 million |
---|---|
Projected Industry Value (2034F) | USD 4,567.7 million |
Value-based Industry CAGR (2024 to 2034) | 3.0% |
Market Share (2023) | USD 174.1 million |
---|---|
Market Share (2033) | USD 231.7 million |
Market CAGR (2023 to 2033) | 2.9% |
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