Factors such as Increase in cosmetics products, rise in sales of homecare products, rise in demand for high end products, and surge in demand for high-quality products propel the demand for airless packaging products. Moreover, low wastage and less contamination attributes of airless packaging stimulate the growth of the global airless packaging market. In addition, government regulations to reduce pollutants and Increase in awareness about natural and organic products have supplemented the expansion of the airless packaging market. However, high cost of manufacturing these products is a major challenge faced by the players operating in the industry. Growing demand for innovative and new design options and rise in Inclination towards green products offer promising opportunities for players in the airless packaging market. Moreover, Increase in demand for Halal certified products provides lucrative business opportunities to the players.
The growing beauty and personal care industry is expected to boost the demand for airless packaging, thus driving the growth of the market. The demand for premium s Incare, cosmetics, and hair care products is rising owing to its various features such as enhanced product protection, longer shelf life, and improved dispensing is fueling the growth of the market. In addition, Increase in focus on sustainability and environmentally friendly packaging solutions provides growth to the airless packaging market. Airless packaging addresses these concerns by reducing product waste, allowing for complete product evacuation and minimizing the need for preservatives. As consumers become more environmentally conscious, demand for sustainable packaging options such as airless packaging is expected to Increase during the forecast period.
Factors such as need for better packaging and Increase in adoption of airless packaging technology drive the market growth, as airless packaging facilitates low wastage of the product. Moreover, the shelf life of the product drastically Increases with the use of airless packaging. Airless packaging solutions are designed to be reusable, refillable or recyclable and contribute towards the sustainability. In addition, the growing demand for sustainable packaging solutions creates a significant demand for airless packaging.
The airless packaging market is segmented on the basis of packaging type, material type, end user, and region. By packaging type, the market is categorized into bags & pouches, bottles & jars, tubes, and others, which Includes airless compacts, airless syringes, airless pens, and airless droppers. On the basis of material type, it is divided into plastic, glass, and others. On the basis of end user, it is divided into personal care, healthcare, home care, and food & beverages. Region-wise, the market is analyzed across the North America, Europe, Asia-Pacific and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch and product development to strengthen their market outreach and sustain the stiff competition in the market.
COMPETITION ANALYSIS
Key companies profiled in the airless packaging market report Include ABC Packaging Ltd., Albéa, Aptar Group, Inc., A Packaging Group, Cosme Packaging, HCP Packaging, Libo Cosmetics Company, Ltd., Lumson SPA, Quadpack Industries, and Silgan Dispensing Systems.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the airless packaging market analysis from 2020 to 2032 to identify the prevailing airless packaging market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the airless packaging market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global airless packaging market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Packaging Type
- Bags and Pouches
- Bottles and Jars
- Tubes
- Others
By Material Type
- Plastics
- Glass
- Others
By End-User
- Personal Care
- Healthcare
- Homecare
- Food and Beverages
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ABC Packaging Ltd.
- Albéa Beauty Holdings S.A.
- APackaging Group
- AptarGroup, Inc.
- Cosme Packaging
- HCP PACKAGING (SHANGHAI) CO. LTD
- Libo Cosmetics Company, Ltd.
- Lumson SPA
- Quadpack Industries
- Silgan Dispensing Systems
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Table of Contents
Executive Summary
According to a new report, titled, 'Airless Packaging Market,' The airless packaging market was valued at $4.9 billion in 2020, and is estimated to reach $8.7 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032.Airless packaging systems offer precise dosage, high evacuation rate, low wastage and contamination of the content, improved product shelf life, and restricts backflow of air due to the presence of a pump dispensing system.
The major factors such as increase in cosmetics products, rise in sales of homecare products, rise in demand for high end products, and surge in demand for high-quality products propel the demand for airless packaging products. Moreover, low wastage and less contamination attributes of airless packaging stimulate the growth of the global airless packaging market. In addition, government regulations to reduce pollutants and increase in awareness about natural and organic products have supplemented the expansion of the airless packaging market. However, high cost of manufacturing these products is a major challenge faced by the players operating in the industry. Growing demand for innovative and new design options and rise in inclination towards green products offer promising opportunities for players in the airless packaging market. Moreover, increase in demand for Halal certified products provides lucrative business opportunities to the players.
The growing beauty and personal care industry is expected to boost the demand for airless packaging, thus driving the growth of the market. The demand for premium skincare, cosmetics, and hair care products is rising owing to its various features such as enhanced product protection, longer shelf life, and improved dispensing is fueling the growth of the market. In addition, increase in focus on sustainability and environmentally friendly packaging solutions provides growth to the airless packaging market. Airless packaging addresses these concerns by reducing product waste, allowing for complete product evacuation and minimizing the need for preservatives. As consumers become more environmentally conscious, demand for sustainable packaging options such as airless packaging is expected to increase during the forecast period.
Various manufacturers in the airless packaging market such as Aptar Group Inc., Lumson SPA, Quadpack Industries, and Silgan Dispensing Systems offer a wide variety of airless packaging for personal care, home care, food & beverages, and healthcare industry verticals. For instance, in June 2023, Lumson launched XPaper, an airless paper packaging with a multi-layer pouch that protects the formulation from contamination. This design allows the plastic and paper parts of the package to be separated, and facilitates recycling and material recovery after the product is completed.
Factors such as need for better packaging and increase in adoption of airless packaging technology drive the market growth, as airless packaging facilitates low wastage of the product. Moreover, the shelf life of the product drastically increases with the use of airless packaging. Airless packaging solutions are designed to be reusable, refillable or recyclable and contribute towards the sustainability. In addition, the growing demand for sustainable packaging solutions creates a significant demand for airless packaging.
The airless packaging market is segmented on the basis of packaging type, material type, end user, and region. By packaging type, the market is categorized into bags & pouches, bottles & jars, tubes, and others, which includes airless compacts, airless syringes, airless pens, and airless droppers. On the basis of material type, it is divided into plastic, glass, and others. On the basis of end user, it is divided into personal care, healthcare, home care, and food & beverages. Region-wise, the market is analyzed across the North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific is expected to experience growth, registering a CAGR of 5.4% during the forecast period.
The major players that operate in the global market have adopted key strategies such as product launch and product development to strengthen their market outreach and sustain the stiff competition in the market. The key players profiled in the study include ABC Packaging Ltd., Albéa, Aptar Group, Inc., A Packaging Group, Cosme Packaging, HCP Packaging, Libo Cosmetics Company, Ltd., Lumson SPA, Quadpack Industries, and Silgan Dispensing Systems.
Key Market Insights
- By packaging type, the bottles and jars segment is expected to experience rapid growth in the market, and bags and pouches is projected to grow at a CAGR of 5.8% from 2023 to 2032.
- By material type, the glass segment is projected to grow at a CAGR of 5.2% during the forecast period.
- By end-user, the homecare segment is projected to grow at a CAGR of 5.6% during the forecast period.
- Region-wise, Asia-Pacific is expected to experience growth, registering a CAGR of 5.4% during the forecast period.
An in-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2032.
The airless packaging market forecast analysis from 2023 to 2032 is included in the report.
Companies Mentioned
- ABC Packaging Ltd.
- Albéa Beauty Holdings S.A.
- APackaging Group
- AptarGroup, Inc.
- Cosme Packaging
- HCP PACKAGING (SHANGHAI) CO. LTD
- Libo Cosmetics Company, Ltd.
- Lumson SPA
- Quadpack Industries
- Silgan Dispensing Systems
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 275 |
Published | June 2023 |
Forecast Period | 2020 - 2032 |
Estimated Market Value ( USD | $ 4.91 Billion |
Forecasted Market Value ( USD | $ 8.66 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |