Airless Packaging Market Growth Rate, Future scope, Analysis, Business Development and CAGR to 2023
Summary
Global Airless Packaging Market Size, Share, Growth, Trends, Analysis by Material Type (Plastic, Glass and Others), by Packaging Type (Bottles & Jars, Bags & Pouches, Tubes and Others), by Dispenser Type (Pumps, Dropper, and Twist & Click), by End-use (Personal Care, Healthcare, Homecare and Others) and by Region - Global Forecast to 2023
Airless Packaging Market Highlights
The airless packaging refers to the dispensing systems, used on cosmetics to prevent the skin care products, such as lotions, toners, foundations, and serum from the excessive exposure of air and prevent the products form oxidation. These are available in the form of bottles & jars, bags & pouches, tubes and others, which are easy to carry. Airless packaging is also used in the packaging of food and beverages to keep the food fresh and healthy. The popularity of the same is on an increase and various companies are coming up with the stylish and innovative designs of tubes and jars. For instance, Alba offers various airless packaging solutions with extra protection of beauty products, which require higher levels of protection. The Nea range of Alba offers modern pumps designs that are customized and offer smooth operation with a high suction rate.
The global airless packaging market is expected to grow at ~ 5.5% CAGR during the forecast period.
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Key Players
The key players of global airless packaging market are AptarGroup, Inc. (U.S.), Albéa Beauty Holdings S.A. (France), LUMSON SPA (Italy), HCP Packaging (U.K.), Quadpack Industries (Spain), Libo Cosmetics Company, Ltd. (Taiwan), Fusion Packaging (U.S.), WestRock (U.S.), ABC Packaging Ltd. (U.K.), and Mondi (South Africa).
Market Segmentation
Global Airless Packaging Market has been segmented based on material type, packaging type, dispenser type, end-use, and region. Based on material type the market has been segmented into plastic, glass and others. Among these, the plastic, is projected to dominate the airless packaging market through 2023. The dominant position of this segment can be attributed to the high flexibility, elasticity and ease, with which they can be molded. Plastics also provide a longer storage life than the other packaging materials. Based on the packaging type, the market has been segmented into bottles & jars, bags & pouches, tubes and others. Bottles & Jars dominated the market in 2016 and is projected to be the fastest-growing packaging type segment for airless packaging. Bottles & Jars are the ideal packaging type for all end-use applications, such as in personal care, healthcare and home care products. Based on the dispenser type, the market is segmented as pumps, dropper, and twist & click. Pumps dominated the market, in 2016, and is projected to be the fastest-growing dispenser type over the next five years. The suitability of pumps for all packaging type is making them favorable for all end-use application. Based on the end-use, the market has been segmented as personal care, healthcare, homecare and others. Personal care dominated the market in 2016 and is projected to be the fastest-growing application over the next five years.
Market Research Analysis
Plastic by material type, bottles & jars by packaging type, pumps by dispenser type and personal care by end-use are expected to grow at the highest CAGR.
Global airless packaging market has been segmented, based on material type, packaging type, dispenser type, end-use and region. Based on material type the market has been segmented as Plastic, Glass and Others. Among these, the plastic, has been projected to dominate the airless packaging market through 2023. The dominant position of this segment can be attributed to the high flexibility, elasticity and the ease, with which they can be molded. Plastics also provide a much greater storage life than the other packaging materials. Based on the packaging type the market has been segmented into bottles & jars, bags & pouches, tubes and others. Bottles & Jars dominated the market in 2016 and is projected to be the fastest-growing packaging type segment for airless packaging. Bottles & Jars are the ideal packaging type for all end-use applications, such as in personal care, healthcare and home care products. Based on the dispenser type, the market is segmented as pumps, dropper, and twist & click. Pumps dominated the market in 2016 and is projected to be the fastest-growing dispenser type over the next five years.
Scope of the Report
This study provides an overview of the global airless packaging market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the airless packaging market by its material type, by packaging type, by dispenser type, by end-use and by region.
By Material Type
Plastic
Glass
Others
By Packaging Type
Bottles & Jars
Bags & Pouches
Tubes
Others
By Dispenser Type
Pumps
Dropper
Twist & Click
By End-use
Personal Care,
Healthcare
Homecare
Others
By Regions
North America
Asia Pacific
Europe
Rest of the World
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