he global airless packaging market is estimated to expand at a CAGR of around 6% during the forecast period, from 2020 to 2026. The growth of the market is attributed to the continuously expanding cosmetic industry.
Airless packaging is a packaging method that eliminates air from the pre-sealing pack. This process involves putting objects in a plastic pack, taking away air from the inside and securing it. The aim of airless packaging is to eliminate air from the container in order to improve the shelf life of food items. It also decreases atmospheric oxygen, minimizes the development of aerobic microbes or fungal spores and prevents evaporation of volatile substances. Another use of airless packaging is to house dry food over a prolonged period of time, such as cured meat, cereals, nuts, cheese, coffee, potato chips, and smoked fish. This type of packaging may also be used to store fresh produce, such as meats and vegetables, since it can inhibit the growth of bacteria. It also enables companies to decrease the use of preservatives, that in turn keep goods more organic. It is therefore extremely favorable for natural ingredients. Get Free Sample Before Purchasing
Market Trends, Drivers, Restraints, and Opportunities:
- The rise in the demand for personal care products across various market sectors such as haircare and skincare has propelled the growth of the market.
- Considerations such as the need for better quality control and the improved acceptance of airless packaging technology are driving the growth of the market. This is due to their ability to promote low commodity waste.
- The increased shelf life of the products is a key factor that is pushing the growth of the market.
- The increase in the awareness among consumers to use organic and natural products, due to the health benefits that they offer is contributing to the growth of the market.
- The increase in investment on R&D and product launches by the key competitors in the market is boosting the market growth.
Scope of the Report
The report on the global airless packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report. Attributes
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Global Airless Packaging Market Segment Insights:
Based on packaging types, the global airless packaging market is fragmented into bottles & jars, bags & pouches, and tubes. The bottles & jars packaging type segment accounted for the largest share in the market in 2019. This was owing to the robustness in its production and the physical appeal that it provides. It is estimated to continue this positive trend in the forecast period. In terms of dispenser types, the market is fragmented into pumps, droppers, and twist & clicks. The pumps dispenser type segment held the biggest share in the market in 2019. Growth in the market share can be attributed to the incorporation ability of pumps into any type of packaging, the convenience that they offer, and their aesthetics. Based on end-users, the market is divided into personal care, healthcare, home care, and food & beverages. The personal care end-user segment accounted for the largest share in the market in the year 2019. This was mainly due to the rising awareness of hygiene and the increasing adoption of makeup & cosmetics. The cosmetic industry is expected to expand further, thereby propelling the growth of the market segment. On the basis of regions, the global airless packaging market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is a key region in the market. Growth of the market share in the region can be attributed to the presence of a large & established personal care industry and the increasing adoption of organic and natural cosmetics. The market share of the Asia Pacific region is also anticipated to grow owing to surging disposable income, urbanization, and the rising prevalence of beauty products.
Major companies in the global airless packaging market include Silgan Dispensing Systems, ABC Packaging Ltd., Raepak Ltd., Albéa, Quadpack Industries, AptarGroup, Inc., Lumson SPA, Fusion Packaging, Libo Cosmetics Company, Ltd., and HCP Packaging. The key players are engaging in major activities such as product launches, research & development, agreements, alliances, and collaborations to gain market share. In September 2019, Quadpack Industries acquired the patent for BIBM process for commercial rights and cosmetics packaging. It was from Inotech, the German plastic parts manufacturer.
The global airless packaging market has been segmented on the basis of
- Bottles & Jars
- Bags & Pouches
- Twist & Click
- Personal Care
- Home Care
- Food & Beverages
- Asia Pacific
- North America
- Latin America
- Middle East & Africa