Press release
Airless Packaging Market to Capitalize on Vast Opportunities in Europe
HCP Packaging, Westrock, LUMSON SPA, and Aptar Group Inc. are to name some of the key names in the global airless packaging market. The focus of these companies is to capitalize on the opportunities arising in Europe as the region is home to a sizeable number of manufacturing units for airless packaging. In addition, big names in the market also see plastic to be viable for airless packaging, thus the use of plastic is expected to be on the rise for airless packaging.
Obtain Report Details:
https://www.transparencymarketresearch.com/airless-packaging-market.html
A report by Transparency Market Research forecasts the global airless packaging market will present an opportunity worth US$6.34 bn by the end of 2024 increasing from its evaluated worth of US$4.13 bn in 2016 at a CAGR of 5.5% between 2016 and 2024.
The segments of the global airless packaging market based on material type are glass and plastic. Of the two, plastics is preferred among end-users of airless packaging.
The segment is expected to maintain its lead position over the forecast period due to its easy availability and its versatile properties that make it suitable for airless packaging.
In terms of geography, Europe is anticipated to hold on to its dominant position in the global airless packaging market over the forecast period. The region is expected to register a CAGR of 5.1% between 2016 and 2024.
The region displays a high demand for airless packaging on account of a number of research and development pursuits for efficient packaging solutions.
Personal Care Industry to Offer Application Opportunities
“The zero-wastage benefit of airless packaging that has the potential to bring about noteworthy transformation in a number of industry verticals, in particular the personal care and cosmetics industry, is the primary factor acting in favor of the airless packaging market,” says the lead analyst of the study.
Make Enquiry @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14600
Some of the key manufacturers of makeup and personal care products such as Nivea, Oriflame, Olay, and L'Oreal are employing airless packaging solutions and are gathering an exceedingly favorable response from clients as it has greatly enabled access to content in a given package.
The appeal of airless packaging for minimizing the space taken is also a key factor boosting the uptake of airless packaging. For instance, employing airless packaging for items such as airless pumps enables access to as much as 95 percent of the content in a container, which is substantially higher than what is attained using traditional pumps.
Insufficient Amount of Valuable Consumer Opinion Statistics Hinders Uptake
On the flip side, the extreme low rate of product differentiation is one of the key issues that the airless packaging market has been grappling with for quite some time.
This makes it difficult for product manufacturers to attain a significant number of consumer value propositions. The low number of value propositions poses a challenge for vendors to integrate innovations and speed up their development procedure as they are unable to make out if it provides advantage to consumers.
Get TOC @ https://www.transparencymarketresearch.com/report-toc/14600
Transparency Market Research (TMR) 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airless Packaging Market to Capitalize on Vast Opportunities in Europe here
News-ID: 766266 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Transparency
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market.
While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The…
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on…
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution
Vienna | Research Triangle, NC, USA | Essen, August 09, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
