The European tube packaging market is projected to witness a considerable CAGR of around 6.8% during the forecast period. The market is mainly driven due to adoption of the recycled and reusable packaging solution owing to the government standards and regulations in the region. As per the revised proposal, by 2035, 65% of the municipal wastage should be recycled, 70% of the packaging waste should be recycled by 2030, and municipal waste landfill should be limit to a maximum of 10% by 2035 in the region. It will lead tube packaging companies to develop more eco-friendly products which can be recycled easily.
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The European tube packaging market is classified on the basis of material type and vertical. Based on material type, the market is segmented into laminated tubes, aluminum tubes, plastic tubes and others. Based on vertical, the market is segregated into cosmetic and oral care, food & beverages, pharmaceutical, and others. The tube packaging in the cosmetic and oral care market is estimated to project a considerable CAGR during the forecast period. Geographically, the European tube packaging market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. The UK is expected to contribute a significant share in the European market. The UK with a highly matured and technologically advanced infrastructure contributes considerably to the tube packaging market.
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The European tube packaging market is influenced by product development and advancements conducted by the market players. The key players of the tube packaging market include Albéa Services S.A.S, Amcor PLC, Constantia Flexibles Group GmbH, Hoffmann Neopac AG, LINHARDT GmbH & Co. KG, and others. These players are playing a significant role in the growth of the tube packaging market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
European Tube Packaging Market – Segmentation
by Material Type
Laminated Tubes
Aluminum Tubes
Plastic Tubes
Others (Paper)
by Vertical
Cosmetics and Oral Care
Food & Beverages
Pharmaceutical
Others (Cleaning Products)
European Tube Packaging Market – Segmentation by Region
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Company Profiles
Albéa Services S.A.S.
ALLTUB SAS
Amcor PLC
Constantia Flexibles Group GmbH
Freelin-Wade Co.
Hoffmann Neopac AG
Huhtamäki Oyj
LINHARDT GmbH & Co. KG
MPack Poland sp. z o.o. sp.k.
Scandolara S.p.A.
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