Global Airless Packaging Market Projected To Touch USD 6.6 BN By 2025
Posted On August 19, 2019
Value Market Research had recently conducted a study on the Global Airless Packaging Market. Projection shows that the global airless packaging market will reach USD 6.6 BN by 2025 with a CAGR of 5.5% during 2019-2025. In 2018, the market was valued USD 4.5 BN (by revenue). Airless packaging is a non-pressurized, dispensing, and tamper-proof system which mechanically encompass activated pump and container to deliver the product without any air intake after filling and sealing. It efficiently minimizes wastage of space, enhances the shelf-life of the product, reduces contamination, and allows product filling at faster speeds over traditional packaging. It reduces the use of preservative thus allow products to be more organic especially in case of natural products. The precision pump and other mechanism offer smooth and accurate dispensation of the products during every single use. Personal care, healthcare, food & beverage, and cosmetics are some of the major end-user industry of the airless packaging.
The industry of airless packaging is witnessing strong growth owing to the increasing demand for organic products along with the growing application across the personal care industry. The growing need for convenience in terms of both consumption and disposal coupled with the rising government initiatives in the form funding’s and regulations in order to meet the need for a sustainable environment is further expected to raise the market value. Moreover, many vendors are coming up with various recyclable packaging solutions which will further favor the industry expansion.
The report "Global Airless Packaging Market Report By Material (Plastic, Glass And Others), By Packaging Type (Bottles & Jars, Bags & Pouches, Tubes And Others), By Dispenser (Pumps, Dropper And Twist & Click), By End-User (Personal Care, Home Care, Healthcare And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation, And Forecast, 2018-2025" covers market introduction, market trends, dynamics, and competitive landscapes.
The market of airless packaging has been segmented based on material, packaging type, dispenser, and region. The material segment has been classified into plastic, glass, and others. Out of which, plastic has accounted for the highest share in the market as plastic possess high elasticity and flexibility which allow them to mold in any shapes. Also, they are relatively cheap compared to other packaging material which is also another important factor to fuel segment growth. The packaging type segment includes bottles & jars, bags & pouches, tubes, and others. Bottles & Jars held the leading position as it prevents contamination and increases the shelf life of the product. The growth of the segment can also be credited to the rising demand for natural and organic products. Dispenser segment includes pumps, dropper, and twist & click. Dispenser segment is accounted for the largest share in the market as it helps to keep the product fresh for a longer time by preventing air intake once filled and sealed. End-user segment encompasses personal care, home care, healthcare and others. Personal care industry has emerged as the largest end-users owing to the rising demand for personal care products along with the growing need to improved packaging solution. Regional segmentation covers North America, Europe, Asia-pacific, Latin America, the Middle East, and Africa. Currently, North America is dominating the overall market owing to the high growth of the packaging industry. Also, the growing demand of airless packaging solution from healthcare industry is further supporting regional market growth.
The Report Segments Global Airless Packaging Market -
By Packaging Type
Bottles & Jars
Bags & Pouches
Twist & Click
Middle East and Africa
Players Profiled In The Report:
ABC Packaging, Ltd., Albéa Beauty Holdings S.A., Aptar Group, Inc., Fusion Packaging, HCP Packaging, Libo Cosmetics Company, Ltd., LUMSON SPA, Quadpack Industries, and WestRock.
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