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The Global Airless Packaging Market is Growing Significantly due to its Increasing Application among Various Verticals, according to a market report by RationalStat

03-15-2023 03:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: RationalStat LLC

RationalStat

RationalStat

The report titled "Global Airless Packaging Market Analysis and Forecast, 2019-2028" assesses the regional and global market based on packaging type, material, dispensing systems, end use, and region/country. A comprehensive report on airless packaging provides an overall historical and future market size with a market trend analysis. The market share analysis, innovations, and production capacity of top companies, an overview of the competition, strategic imperatives, key end users, potential growth areas, and competition analysis for the target players evaluated in the global airless packaging market study.

Market Overview and Dynamics: The Primary driver of the global airless packaging market is the cosmetics and pharma industry

The global airless packaging market is expected to grow at a significant rate of 4.2% owing to its properties like reduced product waste and extended shelf life while also providing a more user-friendly packaging experience. In addition, airless packaging is an excellent solution for preserving products that are sensitive to light and oxygen, such as food and pharmaceutical products. It also provides greater product sustainability that reduces the carbon footprint of the product and preserves the freshness of the contents.

Moreover, airless packaging provides tamper evidence, which is a clear indication that the product has been opened. This is an important advantage for pharmaceutical and food products, as it prevents their contamination. Besides, airless packaging is a versatile solution that is suitable for a variety of industries, such as cosmetics and personal care, food and beverage, healthcare, and industrial. All of the above features are some of the key factors anticipated to drive the demand for airless packaging across the globe.

The airless packaging market's growth can be attributed to the rising demand for personal care and cosmetic products, the increasing popularity of single-serve products, the shift towards a more sustainable society, and the growing demand for eco-friendly products. The technological and material advancements in airless packaging, the growing demand for food and beverage products, and the shift towards online shopping are some of the key drivers of the global airless packaging market.

The advantages that airless packaging provides, such as improved product preservation, greater product sustainability, and tamper evidence, are expected to boost the airless packaging market. However, the impact of airless packaging on the environment and its cost may hinder the growth of the global market.

Segmental Analysis

• On the basis of packaging type, the bottles segment is estimated to gain significant growth during the forecast period due to its preference over airless pouches and tubes coupled with its more appealing visual.
• Based on the material, the plastic segment is dominating the global airless packaging market owing to its properties like light-weight, durable, cost-effective, and moisture-resistance properties.
• On the basis of region, North America is dominating the global airless packaging market. The US is the major user of airless packaging owing to the growing cosmetics industry in the country.

Competition Analysis

Aptar Group, and Westrock Company, among others some of the leading players in the global Airless Packaging market. These players adopt various strategies including mergers and acquisitions, partnerships and collaborations which directly results in propelling the growth of the global Airless Packaging market.
• In June 2022, Seacliff Beauty launched its metal-free Mono-Material Airless System Packaging, comprising 100% polyethylene (PE), allowing for easy disposal, collection, and recycling. The packaging is also available in sugarcane PE.
• In 2021, Aptar entered into a binding agreement to acquire Fusion Packaging I, L.P. ("FusionPKG"). FusionPKG is a leader in high-quality, prestige airless, and color cosmetics packaging, and conception-to-launch turnkey solutions for the North American beauty market.

Some of the prominent players operating in the market include AptarGroup, Inc, Silgan Holdings Inc., Quadpack Industries, Albea S.A., HCP Packaging, Lumson S.p.A., Fusion Packaging, Westrock Company, ABC Packaging Ltd, Raepak Ltd., COSME Packaging, and Cospack America Corp. among others.

RationalStat has segmented the global Airless Packaging market on the basis of packaging type, material, dispensing systems, end use, and region.
• By Packaging Type
o Bottles
o Jars
o Tubes
o Bags & Pouches
• By Material
o Plastic
o Glass
o Others (Aluminium)
• By Dispensing Systems
o Pumps
o Dropper
o Twist & clicks
• By End Use
o Personal Care
 Skin Care
 Hair Care
 Baby Care
o Home Care
o Health Care
o Pet Care
o Foods & Beverages
o Pharmaceutical
• By Region
o North India
o West & Central India
o South India
o East India

For more information about this report https://store.rationalstat.com/store/global-airless-packaging-market/

RationalStat LLC
Kimberly Shaw, Content and Press Manager
sales@rationalstat.com
Phone: +1 302 803 5429

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, procurement intelligence, data analytics, and analytical dashboards.
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