The Global Airless Packaging Market was valued at USD 3.2 billion which is expected to reach at USD 7.3 billion by 2027 at a CAGR 5.7% from 2020-2027.
Airless packaging is a non-pressurized high-quality packaging system which helps to prevent oxidation, increase shelf life, offer precise dosage, and avoid cross-contamination. Airless packaging system provides precise dosage each time when it is used even formula that has higher viscosity. It comes under a variety of designed & packaging forms such as fluids, gels, creams, and pastes with the dispensing system that offer low wastage & prevent the backflow of air in the system. Personal care, healthcare, homecare, and food and beverages are some of the major end-users of airless packaging.
Moreover, the user can also take out excess liquid for reducing wastage. Therefore, the increasing focus of manufacture over zero or minimal wastage product is expected to stimulate market growth. In addition, the increase in number of working women, and the introduction of cosmetic products across the world are several other factors contributing to the demand for premium cosmetic products. The market in the United Kingdom is expected to exhibit significant growth on account of the rising demand for anti-aging & anti-wrinkle products. Most of these products are expensive, containing active ingredients that are prone to oxidation and thus, are majorly packed in airless packaging. The growing demand for anti-aging creams is expected to accelerate the market growth in the U.K.
APAC is expected to be the fastest-growing regional market from 2020-2027 due to the high demand for premium cosmetic products and increasing middle-class populations in countries, such as China, India, Japan, and Vietnam. Moreover, the rising penetration of organized retail sector is opening new avenues for premium cosmetic manufacturers, which is anticipated to favorably impact the market growth over the coming years.
Airless packaging is a non-pressurized high-quality packaging system which helps to prevent oxidation, increase shelf life, offer precise dosage, and avoid cross-contamination. Airless packaging system provides precise dosage each time when it is used even formula that has higher viscosity. It comes under a variety of designed & packaging forms such as fluids, gels, creams, and pastes with the dispensing system that offer low wastage & prevent the backflow of air in the system. Personal care, healthcare, homecare, and food and beverages are some of the major end-users of airless packaging.
Market Drivers
The increase in demand for the extended shelf life of products especially in the food and beverages and personal care industries is expected to boost the global airless packaging market over the forecast period. Furthermore, the rise in focus of manufacturers on zero/minimal wastage of products is expected to augment the market growth of airless packaging. This packaging offer consumers to utilize the product up to the last drop & prevent product wastage as airless packaging has the dispensing system inside that provides no wastage.Moreover, the user can also take out excess liquid for reducing wastage. Therefore, the increasing focus of manufacture over zero or minimal wastage product is expected to stimulate market growth. In addition, the increase in number of working women, and the introduction of cosmetic products across the world are several other factors contributing to the demand for premium cosmetic products. The market in the United Kingdom is expected to exhibit significant growth on account of the rising demand for anti-aging & anti-wrinkle products. Most of these products are expensive, containing active ingredients that are prone to oxidation and thus, are majorly packed in airless packaging. The growing demand for anti-aging creams is expected to accelerate the market growth in the U.K.
Market Restraints
High cost of packaging machinery as the initial cost of airless packaging machines is around US$ 3 billion is expected to hamper the market growth of airless packaging. Also, the cost of packing material, which comes in rolls or bags, may increase the overall cost of the packaging system. Therefore, the high cost of the packaging machinery is expected to accelerate the market growth of airless packaging over the forecast timeframe.Market Segmentation
The Global Airless Packaging Market is segmented into packaging type such as Bottles & Jars, Bags & Pouches, Tubes, Others, by material type such as Plastic, Glass, Others, by dispenser type such as Pumps, Dropper, Twist & Click. Further, market is segmented into end user such as Personal Care & Homecare, Pharmaceutical, Pet care, and Others.Regional Analysis
Also, the Global Airless Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, Middle East & Africa.APAC is expected to be the fastest-growing regional market from 2020-2027 due to the high demand for premium cosmetic products and increasing middle-class populations in countries, such as China, India, Japan, and Vietnam. Moreover, the rising penetration of organized retail sector is opening new avenues for premium cosmetic manufacturers, which is anticipated to favorably impact the market growth over the coming years.
Key Players
Aptar Group, Inc, Fusion Packaging, WestRock, ABC Packaging Ltd, Albéa Beauty Holdings S.A, LUMSON SPA, HCP Packaging, Quadpack Industries, and Libo Cosmetics Company, Ltd.Market Taxonomy
By Packaging Type
- Bottles & Jars
- Bags & Pouches
- Tubes
- Others
By Material Type
- Plastics
- Glass
- Others
By Dispenser Type
- Pumps
- Dropper
- Twist & Click
By End User
- Personal Care & Homecare
- Pharmaceutical
- Pet care
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Airless Packaging Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Frequently Asked Questions about the Global Airless Packaging Market
What is the estimated value of the Global Airless Packaging Market?
What is the growth rate of the Global Airless Packaging Market?
What is the forecasted size of the Global Airless Packaging Market?
Who are the key companies in the Global Airless Packaging Market?
Report Attribute | Details |
---|---|
Published | February 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD
| USD 24.3 Billion |
Forecasted Market Value ( USD
| USD 37 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Airless Packaging Market Outlook
5 Global Airless Packaging Market, By Packaging Type
6 Global Airless Packaging Market, By Material Type
7 Global Airless Packaging Market, By Dispenser Type
8 Global Airless Packaging Market, By End User
9 Global Airless Packaging Market, By Region
10 North America Airless Packaging Analysis and Forecast (2021 – 2027)
11 Europe Airless Packaging Market Analysis and Forecast (2021 – 2027)
12 Asia Pacific Airless Packaging Market Analysis and Forecast (2021 – 2027)
13 Latin America Airless Packaging Market Analysis and Forecast (2021 – 2027)
14 Middle East Airless Packaging Market Analysis and Forecast (2021 – 2027)
15 Competitive Analysis
16 Company Profiles
Companies Mentioned
- Aptar Group Inc
- Fusion Packaging
- WestRock
- ABC Packaging Ltd
- Albéa Beauty Holdings S.A
- LUMSON SPA
- HCP Packaging
- Quadpack Industries
- Libo Cosmetics Company Ltd.