Aluminum Collapsible Tubes Category Intelligence
Report Coverage
- Manufacturing Process and value chain
- Value Chain and Manufacturing Process for Aluminum Tubes
- Key Trends and Innovations in Aluminum Tubes
- Negotiation Levers
Production Size
Global Production Size/ Capacity
$2.33 billion (2019)
CAGR
4–5 percent annually
North America
3.8 billion units
Aluminum Collapsible Tubes Market Trends
Category Intelligence on Aluminum Collapsible Tubes covers the following
- Information relating to market, supply, cost, and pricing analysis
- Hard to find data on cost and TCO models, supplier details, and performance benchmarks
- Macroeconomic and regional trends impacting cost, supply, and other market dynamics
- Category-specific negotiation and sourcing advice
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Industry Outlook & Drivers
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
