Global Cosmetic Tubes Market Overview
Cosmetic Tubes Market accounted for USD 2.8 Billion in 2020 and is estimated to be USD 4.1 Billion by 2029 and is anticipated to register a CAGR of 4.5%.
Cosmetic tube are used to enclose a cosmetic product, store and also transport it to the audience. Cosmetic tubes are typically a packaging of the first type as they are available in direct contact with the merchandise within. They house the cosmetic product and are covered by another packaging, called secondary packaging for safety purposes. These tubes can promote cosmetic products also as protect and store them. The secondary packaging of the tube is often printed upon, with the assistance of which new brands are often promoted among consumers. Cosmetic tubes are an efficient means deliver also as dispense cosmetics to the end-users.
Impact of Covid-19 pandemic on market
With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries has imposed strict lockdown to limit the spread of disease. Besides, the COVID-19 pandemic has led to a shift in consumer preferences concerning the purchase of cosmetics, driving the demand for safer products with higher integrity. Thus, cosmetic products that are packaged in ways that reduce risks of contamination and provide extended shelf life are in high demand. This report will quantify the impact of pandemic on cosmetic tubes market.
Global Cosmetic Tubes Market Drivers & Restraints
Increasing urbanization and disposable income of consumers
The main drivers of the industry's growth are the progress of urbanization and the increase in disposable income of consumers. Urbanization is a factor that increases disposable income and promotes the supply of various cosmetic products, and as a result, expands the potential of related companies in the industry and increases the demand for cosmetic tubes. To meet consumer demand for cosmetics, industry leaders take a more efficient and simpler approach to providing personalized solutions with simple and small items like cosmetic tubes.
Ability to retain packaging moisture and prevent from leakage
The ability of cosmetic tubes to retain packaging moisture and prevent any form of leakage is the primary reason why cosmetic tubes are preferred in the cosmetics industry. Suppliers, distributers, and manufacturers have gravitated towards cosmetic tubes over other containers mainly due to their cost-effectiveness and storage and transportation ease. Market players seeking out faster and easier ways of delivering customized solutions are turning to convenient and portable products such as cosmetic tubes to simplify their lives. Another critical factor assisting the development of cosmetic tubes market is the cosmetic tubes barrier properties that shield the product from any sort of contamination.
Global Cosmetic Tubes Market Segmentations & Regional Insights
Cosmetic tubes market is segmented based on material, application and region.
On the basis of material, the cosmetic tubes market is segmented into metal, plastics, and laminated. Based on application the target market segmented into hair care, skin care, make-up, and others.
Regional Insights:
On region the cosmetic tubes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to play a significant role in the global market for cosmetic tubing. This is largely because of the existence of a large customer base of cosmetics in China and Japan. Asia Pacific also consists of a number of plastics producers, which make it one of the leading drivers for regional demand expansion, a key source for cosmetics tubes. In developing countries such as India and China, the improvement of life style and living standards is an important factor for development. Moreover, end-users have undercuts in key sections of the Middle East & Africa, such as South Africa and Saudi Arabia; from conventional packaging to creative packaging that eventually aim to raise the demand in the near future. For instance, the new esthetic range of eco-friendly plastic tube packaging is scheduled to be introduced for customers in the Asia Pacific region.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Material- Metal, Plastics, and Laminated By Application- Hair Care, Skin Care, Make-up, and Others |
Delivery Mode Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global Cosmetic Tubes Market report based on material, application, and region.
Cosmetic Tubes Market, By Material:
- Metal
- Plastics
- Laminated
Cosmetic Tubes Market, By Application:
- Hair Care
- Skin Care
- Make-up
- Others
Cosmetic Tubes Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- U.S.
- Canada
- Middle East & Africa
Global Cosmetic Tubes Market Competitive Landscape & Key Players
The key players operating in the cosmetic tubes market includes LINHARDT GmbH & Co. KG, East Hill Industries, LLC, Berry Group Inc., Hoffmann Neopac AG, Essel Propack Limited, Albéa Beauty Holdings S.A, Montebello Packaging, CCL Industries Inc., Auber Packaing Co., and JSN Cosmetic Packaging. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In February 2018, Berry Global Group, Inc. launched Griffon Corporation's Clopay Plastic Products Company, Inc. at a value of 475,500. It was acquired for $10,000 (about 51.7 billion yen). The Clopey acquisition is closely tied to the company's core business plan.
Global Cosmetic Tubes Market Company Profile
- LINHARDT GmbH & Co. KG
- East Hill Industries, LLC
- Berry Group Inc.
- Hoffmann Neopac AG
- Essel Propack Limited
- Albéa Beauty Holdings S.A
- Montebello Packaging
- CCL Industries Inc.
- Auber Packaing Co.
- JSN Cosmetic Packaging
Global Cosmetic Tubes Market Highlights
FAQs
The Cosmetic Tubes Market report segments the market been segmented on the basis of material, application and region.
The main drivers of the industry's growth are the progress of urbanization and the increase in disposable income of consumers.
Asia-Pacific is expected to play a significant role in the global market for cosmetic tubing.
The leading players operating in the Cosmetic Tubes Market includes LINHARDT GmbH & Co. KG, East Hill Industries, LLC. Berry Group Inc., Hoffmann Neopac AG, Essel Propack Limited, Albéa Beauty Holdings S.A, Montebello Packaging, CCL Industries Inc., Auber Packaing Co., and JSN Cosmetic Packaging.