Lotion Tubes Market Demand Analysis, Future Business Growth 2034

0
1KB

The global sales of lotion tubes are projected to grow from USD 498.5 million in 2024 to USD 716.9 million by 2034, with a steady CAGR of 3.7% over the forecast period. The market, which generated USD 476.7 million in revenue in 2023, is anticipated to experience a year-on-year growth of 2.5% in 2024.

The lotion tubes market is witnessing consistent growth, largely attributed to the increasing demand for lightweight, travel-friendly packaging and customizable solutions across various industries. The rising popularity of aluminium barrier laminated tubes is a key driver of this expansion, as these tubes offer superior protection against air, light, and moisture, making them ideal for sensitive products in the cosmetics and pharmaceutical sectors.

Key Driving Trends

Several factors are driving the growth of the lotion tubes market:

  1. Increased Demand from End-Use Industries : The rising number of end-use industries and the need for affordable and efficient packaging solutions are driving the sales of lotion tubes globally, especially in the healthcare sector.
  2. Rise in Consumer Expenditure on Packaged Items : The growing consumer expenditure on packaged items is fueling the demand for lotion tubes, with consumers increasingly seeking convenient and hygienic packaging solutions.
  3. High Barrier Protection Capability : Lotion tubes are primarily used for storing pharmaceutical products due to their high barrier protection capability, contributing to their growing demand in the market.

Pharmaceuticals and Personal Care Sectors Lead the Charge

The pharmaceutical and personal care & cosmetics industries are major contributors to the profitability of the lotion tubes market. The continuous growth of the global pharmaceuticals industry has had a positive impact on lotion tube sales. Additionally, the increasing popularity of plastic tubes due to their affordability and flexibility is a significant factor propelling the market forward across all geographical regions.

Access Full Report: https://www.futuremarketinsights.com/reports/lotion-tubes-market

Market Segmentation:

Based on material type,

  • Plastic
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Polyamide (PA)
  • Polyvinyl Chloride (PVC)
  • Ethyl Vinyl Alcohol (EVOH)
  • Aluminum

Based on applicators,

  • Pin-point applicators
  • Airless pumps
  • Roll-on applicators
  • Slant tip applicators
  • Brush-tip
  • Others (sponge base applicators, etc.)

Based on layers,

  • 2 layers
  • 3 layers
  • 5 layers and above

Based on end-use,

  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Food
  • Homecare
  • Others (Chemicals, etc.)

 

Pesquisar
Categorias
Leia mais
Outro
Polyurethane Coatings Market, with Current Trends and Future Estimations and Forecast 2032
Polyurethane Coatings Market Overview The Polyurethane Coatings Market Size was valued at USD...
Por davidblogs30 2024-03-04 09:05:11 0 3KB
Início
Aerostructure Equipment Market Outlook and In-Depth Study of Top Key Players: Insights by Fact MR
Aerostructure Equipment Market Analysis Report By Aircraft Body Type ( Narrow Body Aircraft ASE,...
Por akshayg 2024-09-10 12:49:49 0 1KB
Technology
Immersive Technology Market Opportunities 2024-2032
Immersive Technology Market Overview: The Immersive Technology Market has...
Por Newstech 2024-12-12 05:04:07 0 1KB
Outro
Why Custom Stuffed Animals Make the Best Personalized Gifts
Gift-giving has always been a meaningful way to show appreciation, love, and thoughtfulness....
Por skynogara 2024-10-17 16:11:29 0 2KB
Art
Exploring the World of Dehradun Call Girls
Dehradun, the picturesque capital of Uttarakhand, is known for its serene landscapes, lush...
Por ranaishika977 2025-03-18 15:38:00 0 1KB