Summary
Objective
The objectives of the competitive analysis of the tube packaging industry include analyzing the strengths and weaknesses of the top tube packaging manufacturers and emerging players to understand their market position. This analysis aims to identify key strategic initiatives that drive innovation, sustainability, and customer engagement. Additionally, it focuses on uncovering growth opportunities and potential threats in the market, enabling stakeholders to make informed decisions and enhance their competitive edge.
Scope
The scope of the competitive analysis of the tube packaging industry encompasses a wide range of applications across industries such as cosmetics, pharmaceuticals, and food. The top Tube Packaging manufacturers are innovating with sustainable materials and advanced designs while emerging players are capturing niche markets with unique offerings. The dynamic market position of these companies is influenced by their strategic initiatives, including partnerships and investments in research and development, driving growth and competitiveness in the industry.
Summary
The Global Tube Packaging Market is expected to grow at a CAGR of 17.8% during the forecast period 2024-2030 and is expected to reach USD 36.71 billion by 2030. The report covers a competitive analysis of the top tube packaging manufacturers, emphasizing their strategies for product protection and the rising demand from the cosmetic and personal care industry. It explores how leading companies are innovating their packaging solutions to enhance shelf appeal and ensure the integrity of contents, while also responding to consumer preferences for sustainable materials. This alignment with market trends positions them favorably in a rapidly growing sector.
The competitive landscape of the tube packaging industry is shaped by established leaders and emerging players each competing for market share through innovation and strategic initiatives. The top tube packaging manufacturing companies such as Essel Propack, Amcor, CCL Industries, Albea Americas, Berry Global, Hoffmann Neopac AG, Linhardt GmbH & Co. KG, Montebello Packaging, PackSys Global AG, Alltub Group, Huhtamaki (China) Ltd., Guangzhou Amy Plastic Tube Co., Ltd., and Others dominate the industry with their extensive product portfolios and strong brand recognition. These companies invest significantly in research and development to introduce advanced features such as sustainable materials and customizable designs that cater to diverse customer needs across sectors like cosmetics, pharmaceuticals, and food. Emerging players are increasingly challenging traditional leaders by focusing on specific markets and innovative packaging solutions. These leading manufacturing companies often prioritize sustainability and eco-friendly practices, which resonate with the growing consumer demand for environmentally responsible products. Their flexibility allows them to respond quickly to market trends and customer preferences, enabling them to establish a competitive position.
Essel Propack is a global specialty packaging company that manufactures laminated plastic tubes. Essel Propack also known as EPL manufactures plastic packaging goods such as laminated tubes, plastic tubes, caps closures, and Etain. EPL’s products are used in the beauty and cosmetic, pharma and health, food, oral, and home industries. The company has received several awards for its products and services including the title of World Only 100% Recyclable Tubes and Green Company of the Year. EPL is committed to sustainability and has developed sustainable innovations such as Etain and Green Maple Leaf. The company employs various strategic initiatives to stay at the forefront of the tube packaging market. The company has strategically expanded its footprint across emerging markets, particularly in Asia, Africa, and South America. This geographic diversification allows Essel Propack to tap into new customer bases and reduce dependence on any single market. The adoption of advanced manufacturing technologies and automation has streamlined operations and improved efficiency. Essel Propack invests in research and development to innovate and enhance product quality, which is crucial in a competitive market. For Instance, In Nov 2019, Essel Propack, an India-based laminated plastic tube packaging company launched a new recyclable high-density polyethylene (HDPE) barrier tube. Thus, Essel Propack's continued focus on innovation, sustainability, and strategic growth initiatives positions it as a leading player in the Tube Packaging industry.
Hoffmann Neopac AG is a top tube packaging manufacturer that manufactures high-quality packaging including tubes and metal tins. Hoffmann produces Polyfoil, polyethylene, and COEX tubes for pharmaceutical, cosmetic, and dental products, and Decorative metal tins for tobacco, confectionery, food, and non-food products. Hoffmann Neopac has made significant strides in sustainability. The company has been investing in sustainable materials and production processes such as using recyclable and biodegradable options. Their commitment to sustainability aligns with global trends and resonates with environmentally conscious consumers. For instance, Hoffmann’s PICEA Tube is made from spruce wood waste and is part of its EcoDesign portfolio of sustainable packaging solutions. Hoffmann also invests heavily in advanced manufacturing technologies including automation and digitalization to enhance efficiency and reduce production costs. By implementing advanced technologies, the company improves product quality and accelerates time-to-market for new packaging solutions. In Jan 2024, Hoffman Neopac, a global packaging provider, introduced a new range of LowPro Flip-Top Caps at Paris Packaging Week, enhancing its eco-conscious packaging solutions. Thus, Hoffmann’s continuous focus on innovating eco-friendly and advanced packaging tubes leads to a boost in the market reach.
Recent Developments in the Tube Packaging Industry:
Established Year | 1982 |
Headquartered | Mumbai, India |
Company Website | https://www.eplglobal.com/ |
Established Year | 1890 |
Headquartered | Switzerland |
Company Website | https://www.hoffmann-neopac.com/en/company |
• In Nov 2023, Amcor, a packaging developer and producer, launched the next generation of its Medical Laminates solutions. Amcor’s latest innovation enables the development of all-film packaging that is recyclable in the polyethylene stream.
• In June 2024, Hoffmann Neopac AG, a global provider of high-quality packaging and dosing applications for pharma, beauty, and oral care received a Tube of the Year Award from the European Tube Manufacturers Association (ETMA) for the world’s smallest child-resistant tube. The company’s 10mm Polyfoil tube with a child-resistant closure, which marks a breakthrough in both compact and secure packaging, was named the winner in the contest’s Prototype category.
Table of Content
1. Tube Packaging Market Competition Matrix
a. Market Structure
i. Market Leaders
ii. Market Followers
iii. Emerging Players
2. Competitive Benchmarking of key players
3. Mergers and Acquisition in Pine Derived Chemicals
4. Tube Packaging Manufacturing Company Profile: Key Players
4.1. Essel Propack
a. Company Overview
b. Financial Overview
c. Product Portfolio
d. SWOT Analysis
e. Business Strategy
f. Recent Developments
g. Development Footprint
4.2. Amcor
4.3. CCL Industries
4.4. Albea Americas
4.5. Berry Global
4.6. Hoffmann Neopac AG
4.7. Linhardt GmbH & Co. KG
4.8. Montebello Packaging
4.9. PackSys Global AG
4.10. Alltub Group
4.11. Huhtamaki (China) Ltd.
4.12. Guangzhou Amy Plastic Tube Co., Ltd.
4.13. Zhongshan San Ying Packaging Products Co., Ltd.
4.14. Beauty Star Co., Ltd.
4.15. WestRock
4.16. Crown Cork & Seal Co.
4.17. Sonoco
4.18. Uflex Ltd
4.19. Antilla Propack
4.20. Axium Packaging Pvt Ltd
4.21. Nihon Matai Co., Ltd
4.22. Nihon TUBE PACKAGING Co., Ltd.
4.23. Sumitomo Heavy Industries, Ltd.
4.24. Yamato Packing Co., Ltd.
4.25. Daiwa Can Co., Ltd.
4.26. Embalagens Flexíveis Diadema Ltd.
4.27. Ball Corporation
4.28. Huhtamaki India
4.29. Avery Dennison
4.30. Graphic Packaging International
5. Key Findings