Collapsible metal tubes are lightweight, compressible, and sealable containers used to package viscous substances such as pharmaceutical products, cosmetics, and food. They provide benefits such as ease of application, precise dosing, product protection, and long shelf life. Utilizing a squeezable and reclosable design, collapsible metal tubes offer consumers hygienic and mess-free usage. The need for compact and portable packaging for on-the-go consumption has been boosting the demand for collapsible metal tubes.

 The Global Collapsible Metal Tubes Market  Demand is estimated to be valued at US$ 11.76 Mn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Collapsible Metal Tubes market are PPG Industries, Akzo Nobel N.V., Sherwin-Williams Company, BASF SE, The Dow Chemical Company, Arkema Group, RPM International Inc., Nippon Paint Holdings Co., Ltd., Axalta Coating Systems Ltd., Asian Paints Limited, Kansai Paint Co., Ltd., Jotun Group, Sika AG, Hempel A/S, Benjamin Moore & Co. These players maintain a competitive edge in the market by adopting strategies such as mergers, acquisitions, partnerships, and new product development.

The increasing demand for on-the-go consumption of personal care and cosmetic products presents significant opportunities for players in the collapsible metal tubes market. Manufacturers are focused on development of innovative packaging formats that enhance portability and convenience.

North America and Europe collectively account for over 50% share of the global collapsible metal tubes market. However, expanding middle-class population and rising disposable incomes in Asia Pacific are likely to drive market growth in the region during the forecast period. Key players are emphasizing strategic expansion into high-potential emerging markets to gain market share.

Market Drivers

Convenient packaging format - Collapsible metal tubes offer convenient packaging solutions for viscous products that need to be squeezed out of the package. Their squeezable and re-closable design provides easier application and transportation.

Growth of cosmetics and personal care industry - Expanding consumption of cosmetic products such as facial creams, hair styling gels, and deodorants is propelling the demand for convenient packaging solutions such as collapsible metal tubes.

Market Restraints

High production costs - Metal tube making requires expensive machinery which increases the costs. This hinders market growth, especially in price-sensitive regions.

Growing environmental concerns - Disposal of used metal tubes generates waste that takes long to decompose. Stringent environmental regulations regarding non-recyclable packaging pose challenges to market players.
Segment Analysis
The sub segment of collapsible metal tubes with capacity below 50 ml is dominating the market as these tubes are used for small quantity packaging of cosmetic and healthcare products like toothpaste, ointments, creams etc. where precise dispensing and minimum wastage is required. These tubes provide good barrier protection, are lightweight and have superior shelf life which makes them a preferred choice for small quantity packaging.

The pharmaceutical sub segment holds a major share due to increasing usage of collapsible metal tubes for oral liquid formulations, eye & ear drops and dental pastes. Factors like portability, ease of use, precision in dosages and product safety have increased the adoption of collapsible metal tubes in the pharmaceutical industry.

Global Analysis

The Asia Pacific region is forecasted to be the fastest growing as well as dominating region in the collapsible metal tubes market during the forecast period. Factors such as rising disposable incomes, growth in middle class population India and China will drive the demand for cosmetic and personal care products which in turn increases the usage of collapsible metal tubes in these industries. North America and Europe are also significant markets however the growth rates are expected to be lower than the Asia Pacific region due to market maturity. Key players like PPG Industries, Akzo Nobel N.V., and The Sherwin-Williams Company are focusing on expanding their presence in emerging countries of Asia Pacific through partnerships and new product launches.

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