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Airless Packaging Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Airless Packaging Global Market Outlook
As per the report, the airless packaging market size has grown strongly in recent years. It will grow from $5.41 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The airless packaging market size is expected to see strong growth in the next few years. It will grow to $7.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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Rising Demand In The Food And Beverage Industry Fuels Growth Of Airless Packaging Market
Rising demand in the food and beverage industry is expected to propel the growth of the airless packaging market going forward. The food and beverage industry encompasses the production, processing, distribution, and sale of edible goods and non-alcoholic drinks. The expansion of the food and beverage industry is driven by factors such as changing consumer preferences, population growth, globalization, and technological advancements. Airless packaging in the food and beverage industry extends product shelf life by preventing oxidation and contamination, ensuring fresher and safer consumption. This technology also enhances the preservation of flavor, nutrients, and the quality of perishable items. For instance, in May 2021, according to the Australian Bureau of Statistics, an Australia-based government statistical agency, sales of food and non-alcoholic beverages in Australia's supermarkets, grocery stores, convenience stores, and specialty food stores amounted to 15.1 million metric tons in the fiscal year 2021-22, showing a surge compared to the 14.8 million metric tons sold in the preceding fiscal year of 2020-21. Therefore, the rising demand in the food and beverage industry is driving the growth of the airless packaging market.
Innovative Airless Cosmetic Packaging Bottles Drive Market Growth And Sustainability
Major companies operating in the airless packaging market are focusing on developing innovative products, such as airless cosmetic packaging bottles, to meet the increasing demand for high-quality, preservative-free, and long-lasting beauty and skincare solutions. Airless cosmetic packaging bottles are specially designed containers that dispense beauty and skincare products without exposing the contents to air. For instance, in April 2024, APG Packaging, a US-based packaging company, introduced the Infinity Airless Bottle, a pioneering product poised to transform the cosmetic industry. This state-of-the-art packaging innovation was developed to cater to the increasing demand for eco-conscious and sustainable packaging options. The bottle, characterized by a sleek and modern design, employs advanced airless technology to not only ensure the optimal preservation of the product's integrity but also significantly reduce product waste. One notable feature of the Infinity Airless Bottle is its precise dispensing ability, which ensures minimal waste and extends the product's lifespan, providing consumers with a more cost-effective and sustainable solution.
The airless packaging market covered in this report is segmented -
1) By Packaging Type: Rigid Plastics, Bottles, Jars, Tubes, Bags, Flexible Plastics
2) By Category: Premium, Mass
3) By Dispensing Systems: Pumps, Dropper, Twist And Clicks
4) By Distribution Channel: Supermarkets, Hypermarkets, Specialist Retailers, Convenience Stores, E-Commerce
5) By End-User: Personal Care And Home Care, Healthcare, Food And Beverages, Other End-Users
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Major companies operating in the airless packaging market are WestRock Company, Berry Global Company, Albea Group, AptarGroup Inc., RPC Group Plc, Silgan Dispensing Systems, HCP Packaging, TricorBraun, Raepak Ltd, Quadpack Group, Libo Cosmetics Co. Ltd., Lindal Group, FusionPKG, AFA Dispensing Group, JSN Cosmetic Packaging, Yonwoo Co Ltd., Frosted Glass Bottles, ABC Packaging Ltd., LUMSON S.p.A., Neville and More, Cospack America Corporation, Guangzhou Zhongkai Packaging Technology Co Ltd.
Contents of the report:
1. Executive Summary
2. Airless Packaging Market Report Structure
3. Airless Packaging Market Trends And Strategies
4. Airless Packaging Market - Macro Economic Scenario
5. Airless Packaging Market Size And Growth
…..
27. Airless Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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