The Collapsible Metal Tubes Market is a lucrative product packaging solution used majorly in cosmetics and personal care products to contain creams, gels, lotions and pastes. Collapsible metal tubes provide advantages such as barrier protection from external environment, ease of handling and transportation. These tubes are also recyclable and reusable in nature. The global personal care industry has been seeing steady growth in demand for premium and sustainable packaging solutions, driving the need 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 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.

Key Takeaways

Key players: PPG Industries, Akzo Nobel N.V., and Sherwin-Williams Company are the top players in the market focusing on developing sustainable and eco-friendly collapsible metal tubes through research and development.

Growing demand: Rising incomes and improving living standards in emerging economies are fueling the demand for premium skin and hair care products, propelling the need for convenient packaging solutions like collapsible metal tubes.

Technological advancement: Players are investing in designing lightweight yet durable metal tubes through metallurgy innovations and developing specialized coating techniques to prevent corrosion. Some are integrating innovative dispensing mechanisms as well.

Market Trends

Sustainable packaging: Major brands are opting for recyclable and reusable collapsible metal tubes made from materials like aluminum to meet consumer preference for eco-friendly products.

Customization: Players are customizable collapsible metal tubes featuring different shapes, customized printing, unique closures to build brand positioning for companies across industries beyond personal care.

Market Opportunities

Emerging markets: Markets like India, Brazil, Mexico and China offer lucrative growth prospects with rising spending on personal grooming and expanding middle-class population.

New applications: Collapsible metal tubes can potentially in new industries like food and beverages, pharmaceuticals and others benefitting from their barrier protection and rec losing properties.

Impact of COVID-19 on Collapsible Metal Tubes Market Growth

The outbreak of the COVID-19 pandemic has posed significant challenges to the global Collapsible Metal Tubes Market. Government-imposed lockdowns and travel restrictions disrupted the supply chain and halted production activities. This led to a steep decline in demand from end-use industries like cosmetics, food, and pharmaceuticals during the initial months of 2020. As people stayed indoors, the need for cosmetic and personal care products reduced drastically.

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