CATEGORY
Aluminum Collapsible Tubes
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Aluminum collapsible tube price rise in Europe
July 28, 2022Hinterkopf is announced as the Digital Print Packaging Company of the Year by Food and Drink matters magazine
October 10, 2022Increase in raw material cost
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Aluminum Collapsible Tubes Industry Benchmarks
Savings Achieved
(in %)
The average annual savings achieved in Aluminum Collapsible Tubes category is 5.00%
Payment Terms
(in days)
The industry average payment terms in Aluminum Collapsible Tubes category for the current quarter is 80.0 days
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Aluminum Collapsible Tubes market report transcript
Aluminum Collapsible Tubes Global Market Outlook:
MARKET OVERVIEW Global Tube Market Size: $8.056 billion (2019)
Global aluminum Tube Market Size: $2.33 billion (2019)
KEY Industry Drivers:
- Increasing demand for packaging that provides excellent barrier properties and maintains product integrity continues to drive aluminium tube demand specially in pharma and food endues
- The growth of industrial sector is expected to also boost the demand for aluminium tubes in adhesive, sealants, and caulking application in the next 3–5 years
Porter's Analysis on AC Tubes
Supplier Power
- The ongoing pandemic has resulted in recent demand drop from major end uses such as automobiles. The drop in demand have created a decline in the prices of aluminum
Barriers to New Entrants
- Barrier for new entrants will be very high, owing to the presence of large global players with long-term supply agreements, with global oral and cosmetic companies, such as Unilever, P&G, Colgate, etc.
- The end-use markets within the region are highly mature, and potential for the future growth is fairly slow. Thus resulting in low entrants
Intensity of Rivalry
- Supply base in the developed market is highly consolidated, especially in Europe, with presence of multiple large-scale players competing the market
- Local rivalry is further intensified, owing to the growing complexity of tube design, sustainability, and decoration, which is also causing large number of acquisitions in the market
Threat of Substitutes
- The fast paced adoption of ABL laminate tubes within the pharmaceuticals and cosmetics sector due to improved barrier properties and low cost has become a major threat to the existence of aluminum tubes in the future
Buyer Power
- The supply base is fairly consolidated with large players, catering to majority of regional cosmetics and pharmaceutical demand
- However, large players, like P&G, Colgate, and L’Oreal, owing to their large contracted volume can negotiate for volume discounts