The axisymmetric collapse by plastic progressive folding of a circular tube submitted to axial loading is considered by an experimental approach. The strain field history is measured by means of electric strain gages properly placed on the external surface of the tube so that more than one fold is covered and both axial and circumferential strains are measured. The measured strains are examined both as time-histories and as a deformation field. The formation and development of circumferential plastic hinges are pointed out. The strain histories, reported as a function of the displacement of the testing machine cross-head, are then correlated with the crushing force diagram, leading to a better understanding of the folding mechanics. In particular, the formation of each fold develops through three subsequent phases: the initialization at the closure of the previous fold, the flattening of the upper conical surface, and the flattening of the lower conical surface. While most of the tube wall is pushed outwards of the original cylindrical surface, a portion is pushed inwards of that surface. Moreover, there is a small portion of the wall that is pulled inward during the fold initialization and then pushed outward during the fold closure. The analysis of these histories lead to the validation of the basic assumption of our and other recent kinematical models of the plastic progressive folding.