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Tube Filling Machine Market Trends

Report ID: GMI6041
Published Date: Jun 2023
Report Format: PDF

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Tube Filling Machine Market Trends

Growth in manufacturing operations, particularly in the chemical, pharmaceutical, and personal & beauty care industries, is propelling the global market share. The vehicle industry expansion resulted in an increased demand for chemicals such as glues, adhesives, and other materials, driving tube filling machine demand. The rising demand for tube packaging in pharmaceutical products, such as ointments and gels, resulted in an increase in tube filling machine sales. Along with the chemical and pharmaceutical industries, the rising consumer demand for personal & beauty care products including tube creams, lotions, and other similar items is also driving the industry expansion.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for tube filling machine was valued at USD 1.1 billion in 2022 and will register a CAGR of over 6% between 2023 and 2032, owing to increasing popularity of packaging automation across industries including food & beverages, chemicals, pharmaceutical, personal care, and consumer products.

The pharmaceuticals segment held a market share of over 40% in 2022. The tube filling machines are used to pack items such as syrups, creams, and ointments in pharma industry to ensure minimal human errors.

North America tube filling machine is expected to grow at a CAGR of over 6% through 2032. The need to meet high production standards and stringent regulatory requirements across industries is fueling the product demand.

Accutek Packaging Companies, Advanced Dynamics Ltd, Aligned Machinery, APACKS, Axomatic, BellatRx, Bischoff & Munneke GmbH, Blenzor, Busch Machinery, GGM Group, Gustav Obermeyer GmbH & Co. KG, and Harish Pharma Engineering.