Airless Packaging Market - (Materials,Packaging Types,Dispenser Types,End Users & Personal Care) Global Industry Analysis and Forecast 2016 - 2024

Global Airless Packaging Market: Snapshot

The global airless packaging market is currently being propelled by its appeal in terms of minimizing space taken. The ability of airless packaging to provide zero wastage of space and product material required is putting it far ahead of its competitive packaging types. The market is also being driven by the massive incoming demand from the cosmetics industry, where airless packaging can be far more beneficial than other types.

Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14600

The global airless packaging market is, however, currently restricted in its overall growth rate by factors such as high machinery costs, the extremely low scope of product differentiation, and the steadily growing demand for its direct competitor – modified atmosphere packaging.

The global airless packaging market is expected to expand at a CAGR of 5.5% within a forecast period from 2016 to 2024, in terms of value. The market’s overall value by the end of 2016 is expected to reach US$4.13 bn. Assuming the above CAGR and incorporating the ups and downs that the market may experience over the given forecast period, it is expected to reach US$6.34 bn by the end of 2024. By volume, the global airless packaging market is expected to reach 29,303.2 kilo tons by the end of 2024.

Plastic Continues to be Lead Material Used for Airless Packaging

Based on the type of packaging, the global airless packaging market can be segmented into the two generalized segments of plastics and glass. Of these, the market has consistently been dominated by plastics in the recent past. It is also highly likely for plastics to remain the leading material type used in the global airless packaging market for the coming years. The typical process of airless packaging allows users to seal the contents – especially food and beverage products – into an airless environment, thereby considerably increasing the product’s life expectancy. 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, thereby making it a highly popular material for airless packaging.

Browse Full Report@ http://www.transparencymarketresearch.com/airless-packaging-market.html

About Us:-
Transparency Market Research is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact Us:-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

This release was published on openPR.