Lotion Tubes Market Demand Analysis, Future Business Growth 2034

0
310

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.)

 

Προωθημένο
Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
άλλο
Powertrac 434 Plus powerhouse Tractor In India - Price & Features
The Powertrac 434 Plus powerhouse is a 39-hp tractor. This utility tractor is also popular among...
από tractorgyanng 2024-05-29 13:49:54 0 594
άλλο
Massey ferguson 241 price in india
The Massey Ferguson 241 Dynatrack is a 42 HP 2WD tractor known for its power and versatility in...
από tractorgyannc 2023-11-14 12:38:01 0 2χλμ.
άλλο
Lebanese PM says country in 'eye of storm' after violence at Israel border
Lebanese caretaker Prime Minister Najib Mikati said he was deeply concerned about an...
από Ikeji 2023-10-13 08:09:32 0 2χλμ.
News
ESD Stackable Boxes Market Demand, Future Growth, Business Opportunities 2032
The global electrostatic discharge (ESD) stackable boxes market is poised for robust...
από nk99fmi 2024-04-19 21:42:29 0 629
άλλο
Escort Service in Connaught Place & CP Call Girls Services
Today, you can see that Escort Service in Connaught Place business is quickly growing like never...
από anushkadwarka0 2023-10-28 08:58:31 0 2χλμ.