The United States & Canada aluminum tubes market is set to enjoy a valuation of USD 177.2 million in 2023. Over the next decade (2023 to 2033), aluminum tube sales across the United States & Canada are likely to soar at 4.4% CAGR. By 2033, the total market value is expected to reach USD 272.7 million.
Sales of aluminum tubes across the United States and Canada will remain positive with the top 5 companies projected to hold around 45% to 50% of the market by the end of 2023.
Consumer preference for eye-catching and hygienic packaging with affordability will drive the demand for aluminum tubes. The United States & Canada market is predicted to expand 1.6 times the current market value during the projection period.
Consumption of aluminum tubes will continue to remain high in the pharmaceutical sector. As per Future Market Insights, the pharmaceutical segment is anticipated to hold a market share of 43.2% in 2023.
Further, aluminum tube demand in the pharmaceutical sector is likely to rise at 4.8% CAGR over the forecast period.
Attribute | Key Insights |
---|---|
Estimated United States & Canada Aluminum Tube Market Value (2023) | USD 177.2 million |
Projected United States & Canada Aluminum Tube Market Size (2033) | USD 272.7 million |
Value-based CAGR (2023 to 2033) | 4.4% |
Collective Value Share: Top 5 Companies (2022A) | 45% to 50% |
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Aluminum tubes are packaging solutions used for packaging, storing, and transporting numerous products across diverse industries. For instance, aluminum tubes are used for packaging ointments and toothpaste in the pharmaceutical industry.
Aluminum tubes are becoming ideal replacements for plastic tubes and other packaging solutions. This is due to their various attractive features. These tubes can effectively protect sensitive products such as pharmaceuticals and cosmetics from light, moisture, oxygen, and other factors.
Features of aluminum tubes that are making them popular:
Rising demand for safe, environmentally friendly, and convenient packaging solutions will boost the United States & Canada aluminum tubes industry.
Thanks to a wide range of benefits offered by aluminum tubes, they are gaining wider popularity across industries such as pharmaceutical and cosmetics. Hence, growth of these industries will eventually power up aluminum tube sales in the United States and Canada.
In cosmetic sector, aluminum tubes are being increasingly used for packaging haircare solutions, skincare products, makeup items, etc. Rising production and consumption of these cosmetics products is expected to fuel aluminum tube demand.
Similarly, growing popularity of collapsible aluminum tubes and aluminum barrier laminate (ABL) tubes across the United States and Canada will boost the market through 2033.
To attract more and more customers, leading aluminum tube manufacturing companies are focusing on making their products from post-consumer recycled (PCR) aluminum. This is due to the rising demand for sustainable packaging from conscious consumers.
Modern consumers are demanding the use of sustainable packaging that is kinder to the environment and designed for an efficient circular economy. To address this, companies are coming up with new innovations.
For instance, recently Blue Tube, the world’s most sustainable aluminum tube brand was launched by TUBEX. It is made of 100% recycled aluminum which makes it attractive to customers.
The United States & Canada aluminum tubes market witnessed a CAGR of 2.5% during the historic period (2018 to 2022). Total market valuation at the end of 2022 reached around USD 171.0 million.
Over the next decade (2023 to 2033), aluminum tube sales in the United States & Canada market are expected to soar at 4.4% CAGR. The United States & Canada aluminum tubes market is projected to generate an incremental growth opportunity of USD 101.7 million by 2033.
Rising demand for aluminum tubes from diverse industries, including food & beverage, pharmaceutical, and cosmetics is a prominent factor driving the market forward.
Aluminum tubes are becoming ideal packaging solutions across various industries. This is due to their unique characteristics, such as their low weight, durability, and flexibility. These tubes are also eco-friendly which makes them suitable alternatives for plastic tubes.
Rising demand for eco-friendly and sustainable packaging solutions will continue to fuel aluminum tube sales across the United States and Canada.
Improvements in printing and coating technologies have improved the packaging's aesthetic appeal and functionality. This in turn is creating new growth opportunities for the market.
Rising Popularity of Personal Care in Youth Boosting the Aluminum Tubes Industry
The quick rise of the aluminum tubes market in the United States and Canada has been significantly fueled by the rising popularity of personal care products among young people.
Demand for personal care items including toothpaste, skin care creams, and hair care products has increased as a result of young people's rising concern for their looks and hygiene. This in turn is creating a need for sustainable packaging solutions such as aluminum tubes.
Aluminum tubes are becoming ideal choices for packaging numerous personal care products. This is due to their lightweight, durable, and flexible qualities, as well as their capacity to shield the contents from outside elements including moisture, light, and air.
Rising production and consumption of personal care products across the United States and Canada will therefore continue to elevate aluminum tube demand through 2033.
Rising Awareness About Sustainable Packaging to Bolster Aluminum Tube Sales
As more customers and organizations look for environmentally friendly packaging options, the market for aluminum tubes in the United States & Canada will witness a positive growth trajectory.
Customers are seeking sustainable and environmentally friendly packaging options, as they grow more concerned about the effects of packaging waste on the environment. This is putting sustainable tube packaging including aluminum tubes into spotlight.
Aluminum tube manufacturers are integrating cutting-edge technology and using eco-friendly & recyclable materials for the creation of novel products. Usage of 100% PCR (post-consumer recycled) aluminum is emerging as a key trend in the market.
Country | United States |
---|---|
Market Share (2023) | 87.7% |
Market Share (2033) | 85.9% |
BPS Analysis | -180 |
Country | Canada |
---|---|
Market Share (2023) | 12.3% |
Market Share (2033) | 14.1% |
BPS Analysis | +180 |
Booming Pharmaceutical Industry Fueling Aluminum Tube Demand in the United States
The United States aluminum tubes market is experiencing significant growth due to rising demand from the pharmaceutical industry. According to the USA Department of Commerce, the pharmaceutical industry is one of the leading manufacturing industries in the United States, accounting for USD 135 billion.
Increasing demand for innovative and convenient packaging solutions across the thriving pharmaceutical industry will boost the United States market through 2033.
Aluminum tubes are a popular choice for pharmaceutical packaging due to their ability to protect products from light, air, and moisture. These tubes are lightweight and easy to transport, making them ideal for pharmaceutical products that need to be shipped and stored.
According to Future Market Insights, the United States aluminum tubes industry is expected to progress at 4.2% CAGR. It will hold a total share of 85.9% of the North American aluminum tubes market in 2033.
Favorable Government Support & Thriving Manufacturing Sector Making Canada a Lucrative Market
Canada is emerging as a very profitable market for aluminum tubes because of its robust economy, expanding population, and supportive political climate. Aluminum tube demand in Canada is expected to rise at a CAGR of 5.8% through 2033.
According to Statistics Canada, in 2021, total revenue for Canadian manufacturing reached USD787.3 billion. Further, the Canadian government has put in place several programs to encourage innovation and competitiveness, as well as the expansion of the manufacturing sector.
For instance, the Canadian government offers funding initiatives such as the Strategic Innovation Fund and the Innovation Superclusters Initiative. This gives businesses financial support for joint research & development projects.
Similarly, the expansion of food & beverage and cosmetic & personal care sectors along with the growing need for sustainable tube packaging will boost the Canadian market.
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Stand-Up Caps Remain the Most Popular Type in the United States & Canada Market
Due to their distinctive shape and usefulness, stand up tube caps have become the most profitable packaging option in the United States and Canada aluminum tubes market. The fact that these tubes can stand up straight on their own gives users convenience and ease of usage.
Further, stand-up cap tubes include a cap that is simple to open and close, enabling frequent use and content preservation. They are therefore perfect for packing goods such as cosmetics, medicines, and food and beverage products that need to be used repeatedly or preserved.
Stand-up tube caps have several advantages for producers. They can be personalized with cutting-edge printing and coating technologies to improve their aesthetic appeal and usefulness. They are lightweight, making shipping and handling less expensive.
The stand-up cap is anticipated to dictate the United States & Canada aluminum tubes market with almost 38.5% share in terms of revenue by 2023 end.
Adoption of Aluminum Tubes to Remain High in Pharmaceutical Industry Through 2033
Based on end use, pharmaceutical sector is likely to remain the leading user of aluminum tubes across the United States and Canada. The target segment is expected to thrive at 4.8% CAGR through 2033. This is attributed to rising need for high-quality pharmaceutical tube packaging solutions.
Expansion of pharmaceutical business due to rising geriatric population and increasing prevalence of chronic diseases will further boost growth of the target segment.
Aluminum tubes have become ideal pharmaceutical packaging solutions across the United States & Canada. This is due to their ability to shield the contents from external elements such as moisture, light, and air, which can impair the quality and shelf life of the product.
Further, aluminum tubes can be easily customized using cutting-edge printing and coating technologies and are lightweight, making them economical to ship and handle.
Cosmetic & personal care sector will also play a key role in bolstering aluminum tube sales in the United States & Canada. This is due to growing popularity of cosmetic tube packaging on account of its various benefits. A CAGR of 4.6% has been predicted by Future Market Insights for the same segment.
Leading aluminum tube manufacturers are attempting to provide new technologies within that industry, which is attracting the interest of many consumer companies. New products with enhanced features to meet customer requirements as well as comply with government regulations are being introduced.
Companies are also focusing on adopting strategies such as mergers, partnerships, facility expansions, and acquisitions to gain a competitive edge in the market.
Recent developments by the leading players are as follows:
Attribute | Details |
---|---|
Estimated Market Value (2023) | USD 177.2 million |
Projected Market Value (2033) | USD 272.7 million |
Anticipated Growth Rate (2023 to 2033) | 4.4% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Capacity, Cap Type, End Use, Country |
Key Countries Covered | United States, Canada |
Key Companies Profiled | MonteBello Packaging Inc.; Pack-Tubes; AllTub Group; AmberTube; Linhardt GmbH & Co. KG; Sonic Packaging Industries Inc.; Apackaging Group LLC; AndPack Inc.; Paket Corporation; LAGEENTUBES; Clt-Th Packaging Sl |
The market is slated to attain USD 177.2 million in 2023.
The market is expected to expand at a CAGR of 4.4% through 2033.
Increasing shift toward sustainable packaging solutions stimulating sales.
Excellent barrier resistance, eco-friendliness, and economical nature.
The market expanded at a CAGR 2.5% in the historical period.
Industry Size (2025E) | USD 3,470.0 Billion |
Industry Value (2035F) | USD 5,087.3 Billion |
CAGR (2025 to 2035) | 3.9% |
Estimated Size, 2025 | USD 4,837.2 million |
Projected Size, 2035 | USD 6,757.7 million |
Value-based CAGR (2025 to 2035) | 3.4% |
Market CAGR (2023 to 2033) | 4.6% |
---|---|
Market Size (2023) | USD 820.83 million |
Market Size (2033) | USD 1,415.44 million |
Market Size (2023) | USD 443.1 billion |
---|---|
Market Size (2033) | USD 778.7 billion |
Market CAGR (2023 to 2033) | 5.8% |
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