Lotion Tubes Market Demand Analysis, Future Business Growth 2034

0
829

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.)

 

Спонсоры
Laura Geller The Ayurveda Experience
Поиск
Спонсоры
Laura Geller The Ayurveda Experience
Категории
Больше
Health
Biohacking Market Research Study, Sales Revenue, Key Players, Growth factors, Trends and Forecast 2030
The biohacking market size was valued at USD 20.1 billion in 2022 and is projected to grow from...
От akshada год назад 0 1Кб
Другое
Nachhaltige Energielösungen: Top-Solaranlagen-Anbieter in Chemnitz
Die Bedeutung von nachhaltigen Energielösungen wächst stetig, insbesondere in Zeiten...
От evionyyxsolar1263 9 месяцев назад 0 2Кб
Главная
Expert Masonry Contractors for Brickwork in Mobile, Al Homes
When it comes to ensuring that your home or business stands out with the finest brick and...
От masonrycontractorsal 10 дней назад 0 118
Другое
Commercial cleaning services in uk
In the dynamic business landscape of the United Kingdom, maintaining a pristine and hygienic...
От officewebmaster315 год назад 0 2Кб
News
Exploring Clinical-Grade Wearable Device Market Opportunity, Latest Trends, Demand, and Development By 2028
The recent analytical report published by Markntel Advisors (a leading consulting, data...
От rozy115 месяц назад 0 1Кб