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Tube Laminating Films Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Last Updated: October 30, 2023 || SKU: PAC7095 || Author: Pranjal Mathur || Reviewed: Sai Teja Thota

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180 pages
Report Summary
Table of Contents
List of Tables & Figures

Global Tube Laminating Films Market is segmented By Product (Solvent-Based, Solvent Less, Water-Based, Others), By Material (Biaxially Oriented Polypropylene (BOPP), Ethylene Vinyl Alcohol Copolymer (EVOH), Polyethylene Terephthalate (PET), Polyethylene (PE), Aluminum Foil, Other), By Application (Personal Care, Food and Beverage, Cosmetics, Pharmaceuticals, Chemical and Industrial, Other), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Tube Laminating Films Market Overview

Global Tube Laminating Films Market reached US$ 2.4 billion in 2022 and is expected to reach US$ 3.7 billion by 2030, growing with a CAGR of 5.0% during the forecast period 2023-2030.

The tube laminates market is experiencing significant growth across various industries, including personal care, pharmaceuticals and food. Tube laminates, available in both aluminum barrier laminate and plastic barrier laminate technologies, have become a universal packaging solution for a wide range of products. The laminated tubes are particularly popular in sectors like cosmetics, where the demand for high-quality, aesthetically pleasing packaging is on the rise.

Furthermore, they find extensive applications in cosmetics, pharmaceuticals, food products and oral hygiene items. It are manufactured using cutting-edge technology to minimize process waste, ensuring high-quality production. The tube laminates market continues to grow as industries recognize their versatility and adaptability in meeting packaging needs across diverse product categories.

Asia-Pacific holds nearly quarter of the global market share. The region has emerged as the fastest-growing market for tube laminating film due to its rapid industrialization, expanding consumer base and increased demand for packaging solutions. The region's thriving cosmetics, pharmaceutical and food industries are driving the adoption of laminated tubes, which offer versatile and efficient packaging options.

Tube Laminating Films Market Scope and Summary

Metrics

Details

CAGR

5.0%

Size Available for Years

2021-2030

Forecast Period

2023-2030

Data Availability

Value (US$) 

Segments Covered

Product, Material, Application and Region

Regions Covered

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Fastest Growing Region

Asia-Pacific

Largest Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.

 

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Tube Laminating Films Market Dynamics and Trends

Growing Pharma and Personal Care Sectors

The tube laminated film market is experiencing substantial growth due to the expansion of the personal care and pharmaceutical industries. As per World Pharma Report, the global pharmaceutical industry has witnessed rapid growth, emerging as one of the fastest growing sectors globally. It is projected to reach a market size of US$ 1.5 trillion by 2023. The robust growth in the pharmaceutical sector have increased the demand for advanced and efficient packaging solutions such as tube laminated films.

Furthermore, the personal care industry is also seeing a rise with the changing consumer preferences and lifestyles. The demand for innovative and visually appealing packaging for personal care products, such as tubes which is used in cosmetics and other personal care products. Tube laminated films offer an ideal packaging solution, providing product protection, visual appeal and ease of use.

Sustainability with Eco-Friendly Trends

The growing demand for sustainability is a significant driver in the tube laminated films market. As part of the broader trend toward sustainability in consumer packaging, tube laminates are also becoming more eco-friendly and circular. Several key developments are contributing to this shift. Manufacturers are closely monitoring market developments and collaborating with pilot plants to explore this option. 

RKW Horizon® introduces MDO-PE films as part of the RKW Group's sustainable ECORE® product portfolio in 2023. The mono-axially stretched PE films are designed to offer fully recyclable packaging solutions, catering to the growing consumer demand for sustainability in plastic packaging. The RKW Horizon® product lineup includes highly transparent MDO films, print carriers and variants with optional oxygen barriers, as well as white opaque options.

Environmental Challenges

The tube laminating film market faces significant constraints related to its environmental impact. Laminates commonly used in packaging, including tube laminates, have raised environmental concerns due to the materials and processes involved. One key concern is the use of laminate film, which typically consists of thin plastic layers. The production of laminate film often involves petrochemicals and other harmful chemicals, contributing to negative environmental effects.

According to National Geographic, a staggering 91% of plastic is never recycled, highlighting the urgent need to address plastic waste across various industries, including the laminating film sector. As plastic materials, laminate films are not biodegradable, posing challenges for disposal and contributing to plastic pollution in natural environments, including oceans.

Tube Laminating Films Market Segment Analysis

The global tube laminating films market is segmented based on product, material, application and region.

Polyethylene Dominance and Sustainable Innovation

Polyethylene (PE) holds the largest share in the tube laminated films market due to its versatility and widespread applications. PE offers excellent flexibility, moisture resistance and cost-effectiveness, making it a preferred choice for various packaging needs. It is commonly used in the packaging of liquids, including beverages and personal care products. Its adaptability to different production processes and its ability to provide a strong moisture barrier contribute to its dominance in the tube laminated films market.

Milliken & Company, in collaboration with Huhtamaki Group, has introduced a mono-material laminate designed for 40-200ml tubes used in personal care products like toothpaste and cosmetics. The innovation combines Milliken's UltraGuard Solutions barrier technology with Huhtamaki's tube laminates, creating high-density polyethylene (HDPE) tubes. 

UltraGuard Solutions enhances the barrier properties of HDPE film, allowing for thinner polyethylene film, resulting in lighter and more resin-efficient products. The mono-material approach aims to improve recyclability by eliminating metallised layers while maintaining protection against water vapor and oxygen transmission, crucial for cosmetics packaging.

Tube Laminating Films Market Geographical Penetration

Asia-Pacific's Dominance Market Driven by Pharmaceutical and Personal Care Industry Growth

Asia-Pacific's dominance in the tube laminated films market is primarily driven by its rapid growth in the personal care and pharmaceutical industry. China and Japan, in particular, have emerged as the second and third-largest pharmaceutical markets globally. China has witnessed significant around half of the growth over the past decade due to infrastructure development, increased healthcare spending, broader coverage and favorable regulations. 

Other Asian markets like India, Indonesia, Vietnam and Thailand also exhibit substantial growth potential, with large populations and strong growth drivers. Multinational pharmaceutical manufacturers increasingly rely on Asia, which accounted for a significant portion of their 2021 revenue, with China playing a pivotal role. The robust pharmaceutical sector's packaging requirements contribute significantly to the tube laminated films market in Asia-Pacific.

Asset Tags Market Companies

The major global players in the market include Essel Propack, Mondi Group, Amcor Limited, Huhtamaki Group, Cosmo Films, DRYTAC, Polinas, Constantia Flexibles, Polibak, The RKW Group.

COVID-19 Impact on Asset Tags Market

The COVID-19 pandemic has had a significant impact on the tube laminated film market. The pandemic caused disruptions in the supply chain, affecting the availability of raw materials and packaging components. Packaging companies faced challenges in sourcing materials, leading to delays and supply shortages. It had a ripple effect on various industries, including the tube laminated film market.

With lockdowns and social distancing measures in place, there was a surge in online shopping and e-commerce. It led to a higher demand for protective packaging materials, including laminated films, to ensure the safe and secure delivery of products to consumers. The packaging industry had to ramp up production to meet this increased demand.

Russia-Ukraine War Impact 

The Russia-Ukraine war has introduced significant challenges to the global aluminum industry, resulting in heightened price volatility and supply chain disruptions. The disruptions have indirectly impacted various industries, including packaging, where aluminum is a critical component. As aluminum prices surged to record highs due to the war's effects, packaging materials, such as aluminum-based laminated films, faced increased production costs. 

The uncertainty in the global economic landscape further complicates matters, potentially altering consumer behaviors and spending patterns, indirectly influencing the demand for laminated film products. Consequently, manufacturers in the tube laminated film market must navigate these challenges by closely monitoring aluminum market developments, seeking alternatives like secondary aluminum and adapting their strategies to mitigate risks and maintain product availability and competitiveness.

Key Developments

  • In March 2021, Actega, a German specialty coatings, inks, adhesives and sealing compounds specialist, introduced Galacryl 89.501.14. The product is touted as the world's first soft-touch effect decorative coating for laminate tubes. It utilizes a new water-based dual-cure technology to address the issues of long-term scratch, abrasion and stain resistance commonly associated with soft-touch effects. Galacryl 89.501.14 is designed for packaging containers used in various industries, including cosmetics, pharmaceuticals, household goods and the food industry. It provides a milky matte finish varnish that, once applied, undergoes UV curing to protect and seal the container, enhancing consumer appeal and product engagement.
  • In February 2022, Colgate-Palmolive launched its groundbreaking recyclable toothpaste tube in U.S. The innovative tube is the first to be recognized by external recycling authorities as recyclable. It is made from High-Density Polyethylene (HDPE), which is the same No. 2 plastic used for milk and detergent bottles. The significant advantage of this recyclable tube is that it can be recycled alongside plastic bottles with no additional steps required, such as rinsing, cutting or cleaning before disposal in a recycling bin..
  • In April 2022, ExxonMobil introduced its new Exceed™ S performance polyethylene (PE) resins, representing a significant advancement in polymer science. The resins offer an exceptional combination of stiffness and toughness while maintaining ease of processing. The introduction of this new PE platform presents opportunities for simplifying film formulations and designs, enhancing film performance, improving conversion efficiency and increasing packaging durability compared to existing market references.

Why Purchase the Report?

  • To visualize the global tube laminating films market segmentation based on product, material, application and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of tube laminating films market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The global tube laminating films market report would provide approximately 61 tables, 57 figures and 184 Pages.

Target Audience 2023

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • Tube Laminating Films Market is expected to grow at a high CAGR of 5.0% during the forecasting period (2023-2030).

  • The major global players in the market include Essel Propack, Mondi Group, Amcor Limited, Huhtamaki Group, Cosmo Films, DRYTAC, Polinas, Constantia Flexibles, Polibak, The RKW Group.
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