Press release
Airless Dispenser Market Growing Popularity and Emerging Trends
The new report published by The Business Research Company, titled Airless Dispenser Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the airless dispenser market size has grown strongly in recent years. It will grow from $5.21 billion in 2023 to $5.60 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The airless dispenser market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
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Rising Cosmetic Industry Fuels Airless Dispenser Market Growth
The growing cosmetic industry is expected to propel the growth of the airless dispenser market going forward. The cosmetic industry is a business involved in the production, distribution, and sale of beauty and personal care products. The cosmetic industry is experiencing growth due to factors such as increasing consumer demand for skincare products, innovation in formulations, and expanding distribution channels. Airless dispensers are used in the cosmetic industry to preserve product integrity by preventing air exposure, ensuring longer shelf life, and maintaining the efficacy of active ingredients. For instance, in July 2022, according to the International Trade Administration, a US-based government agency, it was reported that the cosmetic market in Canada achieved revenue of around $1.2 billion in 2021. It is anticipated to experience an annual growth rate of 1.45%, with projections estimated to reach $1.8 billion by the year 2024. The growing cosmetic industry is driving the growth of the airless dispenser market.
Innovative Monomaterial Airless Dispensers Driving Sustainability In The Cosmetics Industry
Major companies operating in the airless dispenser market are increasing their focus on developing innovative products such as monomaterial airless dispensers to enhance sustainability, improve recycling capabilities, and reduce their environmental footprint. Mono-material airless dispensers are packaging solutions designed using a single type of material throughout their construction, facilitating easier recycling and reducing environmental impact compared to traditional multi-material packaging. For instance, in November 2023, AptarGroup, Inc., a US-based manufacturer of consumer dispensing packaging and drug delivery devices, launched a new monomaterial airless dispenser called Mono Micro, which aims to promote circularity and sustainability in the beauty industry. The dispenser is constructed entirely from polyethylene (PE), ensuring it receives a 100% recyclability score certified by cyclos-HTP. This innovative product is suitable for dermocosmetics and mass-market prestige (masstige) brands that prioritize the recyclability of their packaging. The Mono Micro dispenser features a top-fill piston system that reduces waste and ensures a high evacuation rate, making it user-friendly and easy to recycle. Moreover, the packaging can be personalized using Aptar's Mix & Match program, which provides various branding options.
The airless dispenser market covered in this report is segmented -
1) By Product Type: Pumps, Twist And Click, Droppers
2) By Material: Plastic, Glass, Metal, Other Materials
3) By Distribution Channel: Cosmetic Stores, Pharmacies, Supermarkets Or Hypermarkets, E-Commerce, Specialty Stores, Other Distribution Channels
4) By End-User: Cosmetics, Medical, Food And Beverages, Other End-Users
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Major companies operating in the airless dispenser market are Berry Global Inc., Silgan Holdings, Albéa Group S.A.S., AptarGroup Inc., Silgan Dispensing Systems, RPC Group PLC, HCP Packaging, Rieke Packaging Systems, Yonwoo Co. Ltd., Quadpack Industries, Taesung Industrial Co. Ltd., Lindal Group, Toly Group, Fusion Packaging, 3C Inc., APC Packaging, Shenzhen Auber Packaging Co. Ltd., Lumson SPA, Nest-Filler Packaging, Cosmopak, Pack-Tubes, Gidea Packaging, SamHwa Plastic Co. Ltd., Coster Group
Contents of the report:
1. Executive Summary
2. Airless Dispenser Market Report Structure
3. Airless Dispenser Market Trends And Strategies
4. Airless Dispenser Market - Macro Economic Scenario
5. Airless Dispenser Market Size And Growth
…..
27. Airless Dispenser Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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