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Laminated Tubes Market Trends

  • Report ID: GMI11923
  • Published Date: Oct 2024
  • Report Format: PDF

Laminated Tubes Market Trends

The laminated tube market is experiencing a notable trend toward advanced printing technology, driven by the need for higher quality, customization, and efficiency. Manufacturers are increasingly investing in state-of-the-art printing solutions, such as flexographic and digital printing, which offer enhanced color capabilities and faster production times. This shift allows for more intricate designs and personalized packaging, catering to consumer preferences for unique and aesthetically appealing products. Additionally, advancements in printing technology contribute to sustainability efforts, as they often enable the use of eco-friendly inks and materials. As competition intensifies, companies are adopting these innovations to improve their market positioning and meet the rising demand for high-quality, sustainable packaging solutions.
 

For instance, in March 2024, Meitai, a leading laminated tube manufacturer in South China, invested in a 9-color Hontec flexo press featuring a non-stop unwind-rewind system. The machine is already in mass production, demonstrating exceptional stability. This upgrade enhances Meitai's printing capabilities and reinforces Hontec's reputation for innovative printing solutions in the industry. The FlexiCon series offers versatility to handle a wide array of applications, including self-adhesive labels, wraparound labels, shrink sleeves, lids, tags and tickets, in-mold labels (IML), laminated tubes, wet-glue labels and multi-layer labels.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for laminated tubes was valued at USD 1.6 billion in 2023 and is expected to reach USD 2.9 billion by 2032, driven by a CAGR of 6.9% from 2024 to 2032.

The consumer goods segment is the fastest-growing segment with a CAGR of over 7% between 2024 and 2032, due to the increasing demand for innovative and convenient packaging solutions.

The North America market held over 30% of the global market share in 2023, driven by increasing consumer demand for convenient and sustainable packaging solutions.

Major players in the industry include Albea Group, Alltub Group, Amcor, Antilla Propack, Berry Global, BRK Packwell, Burhani Packaging, CTLpack, EPL, Hoffmann Neopac, and Huhtamaki.

Laminated Tubes Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 360
  • Countries covered: 21
  • Pages: 250
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