Airless Packaging Market Rising Significant Growth of $7738.74 Million Globally by 2026, at CAGR of 6.7% with Top Players Like: ABC Packaging, Fusion Packaging, Aptar Group, Libo Cosmetics, Quadpack Industries, Albea Beauty Holdings S.A

Global Airless Packaging Market Overview
Global Airless Packaging Market is accounted for $4,317.08 million in 2017 and is expected to reach $7, 738.74 million by 2026 growing at a CAGR of 6.7% from 2017 to 2026. Rising demand from cosmetics and skincare sector, zero wastage of contents rise in sales of homecare products and growth in demand for high end products are some of the key factors fostering the market growth. However, factors such as high machinery costs and the extremely low scope of product differentiation are restricting the market growth.

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Industry Insights:
Airless Packaging is a dispensing system that combines a mechanically-activated pump with a specifically-designed container which, after filling, delivers the product without any air intake. Airless Packaging technology is more expensive than basic packaging such as jars and tubes. However, as it is gaining popularity, the costs are going down. There are some cost advantages of using airless technology as the amount spent on ingredients such as preservatives and antioxidants to increase shelf life can be saved. The longer shelf life also allows for longer expiry periods. Airless Packaging also allows for filling at faster speeds compared to traditional packaging. The advantages and applications of airless cosmetic bottles allow for the introduction of more organic products that are relatively free from preservatives. These products will also retain their quality and give a consistent user experience throughout the usage period. A switch to Airless Packaging by most cosmetic manufacturers can soon be expected.

Industry Top Players:
Some of the key players in Airless Packaging market include ABC Packaging Ltd, Fusion Packaging, Aptar Group, Inc., Libo Cosmetics Co., Ltd., Quadpack Industries, Sa, Silgan Holdings Inc. (Silgan Dispensing Systems), Albea Beauty Holdings S.A., Raepak Ltd, Lumson Spa, Hcp Packaging (Shanghai) Co. Ltd., Westrock Company and Mondi (South Africa).

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Market Segmentation:
Amongst Material Type, plastics segment is likely to register steady growth. Plastics make the entire process much easier than glasses or any other material, owing to their elasticity and the ease with which they can be molded. Plastics also provide a much greater storage life than the other packaging materials, thus making it a extremely popular material for Airless Packaging. Europe dominated the market during predicted period due to high demand in general coupled with speedy rates of product innovation and development. The packaging industry holds a strong ground in Europe owing to a high demand in general coupled with speedy rates of product innovation and development.

Material Types Covered:
• Glass
• Plastics
• Other Material Types

Packaging Types Covered:
• Bottles & Jars
• Tubes
• Bags & Pouches
• Other Packaging Types

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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