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Airless Packaging Market Propelled to Reach USD 10.04 Billion by 2031 at a CAGR of 6.4%, Driven by Growing Demand for Sustainability and Product Efficacy

05-22-2024 04:25 PM CET | Consumer Goods & Retail

Press release from: SNS Insider Pvt Ltd

Airless Packaging Market

Airless Packaging Market

"According to SNS Insider Report, the Airless Packaging Market Size is projected to reach USD 10.04 billion by 2031 and grow at a CAGR of 6.4% over the forecast period of 2024-2031"

There's a rising demand for sustainable solutions, with a growing number of eco-conscious consumers approximately 80% according to SNS Insider analysis seeking products that minimize waste and environmental impact.
Airless packaging, often crafted from recyclable materials, perfectly aligns with this trend. Secondly, the focus on hygiene is paramount, with airless dispensers minimizing product contamination by over 90% compared to traditional options. This is a major win for personal care and cosmetic brands, especially for products like creams and serums. Lastly, the ability of airless packaging to extend shelf life by up to 30% presents a significant advantage for manufacturers, reducing spoilage and product returns.

The growing popularity of premium cosmetic products, particularly amongst millennials and Gen Z, is pushing manufacturers towards luxurious and effective packaging solutions.
Airless technology offers a perfect blend of aesthetics and functionality, preserving product integrity and minimizing contamination. This is particularly crucial for high-value formulas like serums and anti-aging creams. Secondly, sustainability is a rising priority for both consumers and brands. Airless packaging often utilizes recyclable materials, aligning with eco-conscious preferences.

Get a Sample Report of Airless Packaging Market@ https://www.snsinsider.com/sample-request/3843

Major Players Listed in this Report are:
- APC Packaging
- HCP Packaging
- Silgan Holdings
- Quadpack
- Aptar Group Inc
- Albea SA
- Fusion PKG
- Lumson SPA

A significant challenge is the higher cost compared to traditional options like glass or jar containers. This can be a deterrent for budget-conscious brands and consumers.
Additionally, the production process for airless dispensers can be more complex, requiring specialized equipment and potentially leading to higher manufacturing costs. Furthermore, the reusability factor of airless packaging is debatable. While some components might be recyclable, the multi-material nature of these dispensers often makes them difficult to recycle entirely, posing an environmental concern. This, coupled with a lack of standardization across different airless pump designs, creates logistical complexities for recycling programs.

One key factor is the ongoing global chip shortage, which has limited the production of essential electronic components for airless dispensing pumps.
According to the industry experts and SNS Insider analysis, estimates a chip shortfall of around $90 billion by 2025, impacting lead times and inflating prices. This scarcity ripples through the airless packaging supply chain, delaying deliveries and potentially forcing manufacturers to seek alternative pump designs or source components from different suppliers.
Additionally, geopolitical tensions and fluctuating oil prices can significantly impact the cost and availability of plastic resins, a primary material in airless packaging. For instance, the Russia-Ukraine conflict has caused a surge in crude oil prices, which could translate to increased resin costs by up to 20%, according to industry experts.

Airless Packaging Market Key Segments:
By Material
- Plastic
- Metal
- Glass

By Packaging Type
- Bags & Pouches
- Bottles & Jars
- Tubes

By Packaging Type
- Pumps
- Twist & Clicks
- Dropper

By Application
- Pharmaceutical
- Personal & Homecare
- Pet care
- Others

North America dominates in the airless packaging arena, driven by a booming consumer base with a penchant for high-quality personal care and food & beverage products.
This demand translates into a strong preference for packaging solutions that extend shelf life and safeguard product integrity. Airless technology's ability to minimize air exposure and prevent product contamination aligns perfectly with these priorities. Furthermore, rising environmental consciousness is nudging consumers towards refillable airless containers, a trend that's finding fertile ground in North America. This focus on sustainability is prompting manufacturers to explore bio-based and recycled materials for airless packaging, creating exciting possibilities for future market growth.

Do you have any specific queries or need any customization research on Airless Packaging Market, Enquire Now@ https://www.snsinsider.com/enquiry/3843

Recent Developments:
In July 2022, UA, a leader in beauty packaging solutions, launched ALU-Airless, an aluminum option aiming for 100% recyclability. This reflects the industry's push for sustainable materials beyond traditional plastics.
Taiwan-based EPOPACK entered the scene in March 2023 with a PET-based sustainable solution for beauty products, showcasing the versatility of eco-friendly materials.
In December 2022, APC, a global leader, unveiled their AWP pump, highlighting advancements in airless dispensing technology.

Key Takeaways:
- The rising demand for premium beauty and personal care products aligns perfectly with airless packaging's ability to extend shelf life and maintain product integrity. This translates to a positive consumer experience with fresh, high-quality formulas.
- The focus on minimizing product waste resonates with both manufacturers and consumers. Airless systems ensure near-complete product evacuation, reducing waste and offering controlled dispensing.
- The sustainability movement is fuelling innovation in airless packaging materials. The use of recyclable plastics and bio-based materials is increasing, catering to eco-conscious brands and consumers.

Table of Contents - Key Points
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Impact Analysis
5 Value Chain Analysis
6 Porter's 5 forces model
7 PEST Analysis
8 Pallet Racking Market Segmentation, by System
9 Pallet Racking Market Segmentation, by System Racking Type
10 Pallet Racking Market Segmentation, by Frame Load Capacity
11 Pallet Racking Market Segmentation, by End Use
12 Regional Analysis
13 Company profile
14 Competitive Landscape
15 Use Case and Best Practices
16 Conclusion
Continued…

Buy Single-User PDF of Airless Packaging Market Report 2024-2031@ https://www.snsinsider.com/checkout/3843

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Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US)

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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