Global Airless Packaging Market to 2027 - Size, Trends & Growth Opportunities - ResearchAndMarkets.com

The "Global Airless Packaging Market Size, Trends & Growth Opportunity, By Packing Type, By Material Type, By Dispenser Type, By End User, By Region and Forecast till 2027."

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Thursday, February 24, 2022
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Packaging, Manufacturing, Texas Homecare, Growth, Health, Atmosphere, Gel, United Kingdom, Airless tire, Woman, USD, Food, Market, Viscosity, Drink, Cosmetics, Bottled water, Global, Industry
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Summary
Key Points: 
  • The "Global Airless Packaging Market Size, Trends & Growth Opportunity, By Packing Type, By Material Type, By Dispenser Type, By End User, By Region and Forecast till 2027."
  • 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.
  • The growing demand for anti-aging creams is expected to accelerate the market growth in the U.K.
    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.
  • Therefore, the high cost of the packaging machinery is expected to accelerate the market growth of airless packaging over the forecast timeframe.


The "Global Airless Packaging Market Size, Trends & Growth Opportunity, By Packing Type, By Material Type, By Dispenser Type, By End User, By Region and Forecast till 2027." report has been added to ResearchAndMarkets.com's offering.

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.

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.

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?

Market Segmentation

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

Companies Mentioned

  • Aptar Group Inc
  • Fusion Packaging
  • WestRock
  • ABC Packaging Ltd
  • Albea Beauty Holdings S.A
  • LUMSON SPA
  • HCP Packaging
  • Quadpack Industries
  • Libo Cosmetics Company Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/fqmp03

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