Tube Packaging Market size is expected to reach USD 16.11 billion by 2028
The global tube packaging market size was valued at USD 9.91 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028. Increasing demand for these types of packaging from application industries, such as cosmetics & personal care, healthcare, and food, is expected to be the primary diver for the market. Increasing consumer awareness regarding personal health and wellness is expected to be a stimulating factor for the growth of the personal care market. Growing consciousness about personal appearance is augmenting the demand for personal care products, which, in turn, will boost the demand for tube packaging solutions. The U.S. is one of the key markets in the global beauty & personal care industry owing to the high spending power of consumers. The demand for organic personal care products in the country is on the rise owing to changing consumer preferences for natural ingredients. Organic products are mostly sold in small qu...