What is the global market size of the Toothpaste Packaging Market?

Global Toothpaste Packaging Market size was valued at USD 19718 million in 2021 and is poised to grow from USD 20481.09 million in 2022 to USD 28824.66 million by 2030, growing at a CAGR of 3.87% in the forecast period (2023-2030).

Toothpaste Packaging Market Size, Share, Growth Analysis, By Packaging Type(Squeezing bottle, Collapsible tube, Jar, Pump Dispenser), By Packaging Material(High Density Poly Ethylene (HDPE), Plastic Barrier Laminate (PBL), Glass, Plastic PET (Polyethylene terephthalate)), By Distribution channel(Supermarket/hypermarket, convenience stores, pharmaceutical & drugs stores, and online), By Region - Industry Forecast 2024-2031

Report ID: SQSG15G2006 | Region: Global | Published Date: February, 2024
Pages: 224 | Tables: 95 | Figures: 76

Toothpaste Packaging Market Dynamics

Toothpaste Packaging Market Driver

Sustainability trend is likely to drive the global toothpaste packaging market

Multilaminate packaging is used in 89% toothpaste packaging in the United States. However, multilaminate packaging is difficult to recycle because it has numerous layers of various materials that are difficult to separate. The sustainable packaging such as HDPE, and glass are the fastest growing and accounted for more than 11% share in the toothpaste packaging market. For instance, In February 2022, Colgate launched its ground-breaking recyclable toothpaste tube with "Recycle Me!" packaging in the U.S.
Big toothpaste brands are collaborating with innovative packaging companies to develop sustainable packaging in the future for instance, In May 2021, GSK partnered with Albéa and EPL to launch fully recyclable toothpaste tubes

Toothpaste Packaging Market Restrains

Harmful ingredients to Hinder Market Growth

Many brands use harmful ingredients in their packaging. This affects the consumer preference as they are shifting towards a conscious consumerism mindset. Hence, the market can face potential restraints during the foreseeable future.

Toothpaste Packaging Market Report Snapshots

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Toothpaste Packaging Market size was valued at USD 19718 million in 2019 and is poised to grow from USD 20481.09 million in 2023 to USD 28824.66 million by 2031, growing at a CAGR of 3.87% in the forecast period (2024-2031).

Key players in the toothpaste packaging market are focusing on developing sustainable packaging. For instance, companies such as Colgate are aiming to develop sustainable toothpaste packaging for their product portfolio by the year 2025. Aesthetic and appealing package types are gaining popularity among the key players in the market. However, small players have already stepped into this space. Furthermore, premiumization and luxury products launches aiming the Gen Z is another trend followed by the companies. 'Amcor plc', 'Berry Inc.', 'Huhtamaki Oyj', 'Essel Propack Ltd.', 'Colgate-Palmolive Company', 'Mondi Group', 'Albea S.A.', 'Sonoco Products Company', 'Tuboplast S.A.', 'Viva Healthcare Packaging', 'Kinyi Technology Limited', 'Packwell Industries (India) Pvt. Ltd.', 'Montebello Packaging Inc.', 'M&H Plastics Ltd.', 'Bilcare Research AG', 'Skypack India Pvt. Ltd.', 'Hoffmann Neopac AG', 'Guangzhou Amy Plastic Tube Co., Ltd.', 'CKS Packaging, Inc.', 'Plastube Inc.'

Multilaminate packaging is used in 89% toothpaste packaging in the United States. However, multilaminate packaging is difficult to recycle because it has numerous layers of various materials that are difficult to separate. The sustainable packaging such as HDPE, and glass are the fastest growing and accounted for more than 11% share in the toothpaste packaging market. For instance, In February 2022, Colgate launched its ground-breaking recyclable toothpaste tube with "Recycle Me!" packaging in the U.S.

Oral care brands are targeting Generation Z with packaging inspired by skincare. For instance, Colgate, a major player in the toothpaste market, is targeting Gen Z with attractive packaging that is both sustainable and aesthetically appealing. Colgate's new CO. brand wants to ensure that the packaging and products are 'counter-worthy,' and that they are designed to be displayed rather than buried in a bathroom cabinet.

Emerging economies are likely to generate the highest volume gains, with Asia Pacific maintaining its lead and Latin America consolidating its second place. Both regions are expected to generate 82% of worldwide unit volume increase in toothpaste packaging over the forecast period. While the volume of toothpaste packaging is increasing as more customers begin an oral care routine, the value is also predicted to rise as a growing number of consumers desire more advanced and tailored oral care products. In some emerging nations, such as Turkey or Indonesia, increased unit prices are the result of rising urbanisation and higher disposable income, which is leading to an increase in consumer demand for more sophisticated - and thus more expensive - toothpastes.

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Toothpaste Packaging Market Dynamics

Toothpaste Packaging Market Report Snapshots

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