On his Medium blog Jeff Ochoa has written up a tutorial that want to help you understand pipelines in Laravel, a fluid interface that can be used to pass objects around.
Basically, using laravel pipelines you can pass an object between several classes in a fluid way to perform any type of task and finally return the resulting value once all the “tasks” have been executed.[...] The most clear example about how pipelines works resides in one of the most used components of the framework itself. I’m talking about middlewares.
He uses a simple middleware as an example, covering how they're just "pipes" in the pipeline of execution. He includes a snippet of code from the Illuminate handling showing its place in the pipeline and gives a more real world example of commenting functionality with a few different pieces of functionality. He shows how this could be refactored into the pipeline handling and what happens at the end of the pipe.