North America Tube Packaging Market Research Report Forecast to 2027

North America Tube Packaging Market Research Report Forecast to 2027

Market Overview

The demand for tube packaging is growing significantly in the North American market primarily due to factors such as the growing demand from the food & beverage industry and the proliferation of the packaging industry.

The North America tube packaging market is projected to grow at a 4.4% CAGR during the forecast period, 2021–2027. In 2020, the tube packaging market was dominated by the US with a 53.3% share, followed by Canada & Mexico with shares of 27.6% and 19.1%, respectively.

A tube is a hollow and cylindrical container made up of plastic, aluminum, or paperboard and is primarily used for containing viscous liquids such as ointment, toothpaste, and adhesives, among others. During manufacturing and filling processes, both ends of the tube are treated in a different way. There is an oval orifice on one end of the tube body, which can be closed by caps and closures. The other end is folded or sealed after the addition of contents. Tube packaging containers are extruded and customized with printing, labeling, punching, slicing, crimping, and other fabrications to create a functional and unique package.

Market Segmentation

The North America tube packaging market has been segmented based on material, product, application, and country. Based on material, the tube packaging market has been segmented into the laminate, plastic, aluminum, and others. The laminate segment is expected to grow at the fastest rate during the forecast period. In 2020, the laminate segment held a share of 45.3% of the North America tube packaging market.

Based on product, the tube packaging market has been segmented into squeeze tubes, twist tubes, and other. The squeeze tube segment is expected to grow at the fastest rate during the forecast period. In 2020, the squeeze tube segment held a 60% share of the North America tube packaging market.

Based on application, the tube packaging market has been segmented into personal care, pharmaceutical, food, consumer goods, and others. The personal care segment is expected to grow at the fastest rate during the forecast period. In 2020, the personal care segment held a share of 45.1% of the North America tube packaging market.

Regional Analysis

Based on the country, the report on the North America tube packaging market has been segmented the nto US, Canada, and Mexico.

In the US, the pharmaceutical packaging industry is witnessing rapid growth. With the expanding market for drugs, the demand for packaging increases continuously in the pharmaceutical industry, thus enabling the tube packaging market to achieve higher growth in the country. In addition, higher consumer expenditure on personal care products will further drive market growth.

Major Players

The key players are Amcor Ltd., CCL Industries, Sonoco Products Company, Berry Global, WestRock

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Companies Mentioned

Amcor Ltd.
CCL Industries
Sonoco Products Company
Berry Global
WestRock