ID: MRFR/PNT/3892-CR | December 2019 | Region: Global | 111 pages
Airless Packaging market is expected to reach a market size of USD 5,658.3 Million by 2025 and expand at 4.53% CAGR during the forecast period.
The concerns regarding the prices of these raw materials are highly dependent on the availability, global and local demand and supply trends, and government regulations. The fluctuations of financial performances can adversely affect the market.
The changing consumption patterns due to positive economic indicators expect to enhance the growth of the packaging industry, leading to the use of airless packaging in food and beverages creating scope in the developing countries.
The Key Industry Participants of the Global Airless Packaging Market are Fusion PKG (Texas), HCP Packaging (Shanghai), Lumson S.p.An (Italy), APC Packaging (Florida), Aptar Group, INC.(US), Silgan Holdings Inc (US), Quadpack (Spain) and Albea S.A.(France).
The Global Market for Airless Packaging is segmented Material, Packaging Type, Dispenser Type, and End-Use. By material, the airless packaging market is segmented into plastic, glass, and others. The plastic dominated the global market as they can be used to create appealing packages, helping in the promotion and marketing of the airless packaged cosmetic products providing tight seals, with a high demand for plastic attributed to its recyclability.
By packaging type segment, bottles & jars, dominated the global market as they involve a primary use in airless bottle packaging leading their increased growth impact.
By dispenser type, the pumps segment dominated the market followed by, dropper and then twist & click segments.
By end-use, the global market for airless packaging is segmented as personal care & home care, pharmaceutical, and food & beverages. The personal care & home care segment accounted for the larger market share as the products are designed with different shapes, and in different sizes, to suit the customer requirements driving the demand for airless packaging.
Region-specific analysis of the airless packaging market spans across North America, Europe, Asia-Pacific (APAC), and the rest of the world.
Global Airless Packaging Market, by Region, 2018 (%)
Source: MRFR Analysis
By, the market is segmented as Asia-Pacific, Europe, North America, and the rest of the world. Europe is anticipated to lead the airless packaging market during the study period, followed by North America. Europe is estimated to witness high growth in the plastic material segment. The region is still expected to witness growth in terms of airless packaging solutions with a sustainable approach. Germany dominates the market in Europe.
In 2018, North America held the second-largest share of the airless packaging market. The market in North America is poised to witness high growth due to the stringent food safety policies in the US and Canada, which is expected to increase the demand for airless packaging. The rapid growth of the pharmaceutical industry is also expected to add to the demand for airless packaging in the region.
Airless packaging is a liquid dispensing packaging that prevents normal atmospheric air from coming in contact with the formulation inside. Such packaging products are mainly used to avoid product contamination. The types of packaging products are used in various end-use industries such as personal care & home care, pharmaceuticals, and food & beverages. The global airless packaging market is projected to witness substantial growth until the end of 2025. The growth is estimated to be driven by increasing demand for premium range products and consumption and reduced wastage of products. The airless packaging is a type of packaging that helps to increase the shelf life of products and achieve a high evacuation rate with accurate dosing. The increasing use of dispensing pumps that are produced using plastic and glass has created a demand for airless packaging for sensitive products, including pharmaceuticals and cosmetics, with minimum wastage. Zero wastage is a crucial parameter in the packaging industry to ensure minimum wastage of the original content. The rising demand for premium range products in several markets across the world accelerated the growth of the market, along with growth in increasing interest of consumers for purchasing high-end products for home care and personal care.
The global market for airless packaging has been segmented based on material, packaging type, dispenser type, end-use, and region. By material, the global market is segmented plastic, glass, and others. The plastic material segment dominated the global market creating a high demand for plastic attributed to its recyclability.
Key Questions Addressed by the Report
|Market Size||2025: USD 5,658.3 Million|
|CAGR||4.53% CAGR (2020-2027)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Material, Packaging Type, Dispenser Type, and End-use|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Fusion PKG (Texas), HCP Packaging (Shanghai), Lumson S.p.An (Italy), APC Packaging (Florida), Aptar Group, INC.(US), Silgan Holdings Inc (US), Quadpack (Spain) and Albea S.A.(France)|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The growth rate of the airless packaging market is 4.53%.
By 2025, the airless packaging market size is expected to be worth USD 5658.3 Mn.
The segments of the airless packaging market, by material, are plastic, glass, and others.
The plastic segment is assessed to dominate the airless packaging market.
The end-user segments are personal care & home care, food & beverages, and pharmaceutical.
The airless packaging market can be dominated by the personal care & home care segment.
The key participants are Fusion PKG (Texas), Quadpack (Spain), Lumson S.p.An (Italy), HCP Packaging (Shanghai), APC Packaging (Florida), Silgan Holdings Inc (US), Aptar Group, INC.(US), and Albea S.(France).