Tubular packaging is the future, industrialists say. The fad of cardboard tube packaging continues strong, thanks to a wide range of benefits. Today, the worldwide progress of packaging designs is indistinguishable from tubular packaging. With more and more industrial players hinging on tubular packaging, product designers are indeed keener than ever to capitalise on the fad.
An Array of Tube Packaging Designs
The inherent convenience and portability of tubular packaging are what endears it to the packaging industry. Across healthcare and cosmetics, tubular packaging has been providing the Midas touch.
Significantly, tubular packaging gives enough room for innovation, which is instrumental in enhancing the brand appeal of products. The latest trends show that tube packaging will grow exponentially in the coming years. By 2024, the CAGR of tubular packaging is expected to grow 5.46%, whereas, by 2025, tubular packaging is likely to notch up a staggering $4.2 billion growth.
The demand for squeeze tubes will grow even stronger, almost by 7.5%, if not higher. Thus, product designers are advised to keep ahead of the rising market demands.
The Global Picture of Tube Packaging
Globally, cardboard tube packaging and others continue to witness explosive growth. According to surveys, the use of tubular packaging in the US will shoot up by 5.6% while Germany will contribute over $140 billion in tubular product sales. Both Japan and China will add $240 million and $1 billion in tubular product sales, respectively. The global picture of tube packaging is affirmative.
Why the Demand for Tube Packaging?
Not that cardboard tubes were not in demand earlier. However, with the spate in urbanisation, disposable incomes and the rise in millennial population, tubular packaging is the star today. Moreover, both sustainability and durability are prime motivators of the rising demand. Thus, the fad is not expected to peter out anytime soon, given the ecological stakes involved.
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