Global Airless Packaging Market Share, Growth, Analysis, Size, Future Scope, Opportunities by Material Type (Plastic, Glass and Others), by Packaging Type (Bottles & Jars, Bags & Pouches, Tubes and Others), by Dispenser Type (Pumps, Dropper, and Twist & Click), by End-use (Personal Care, Healthcare, Homecare and Others) and by Region – Global Forecast to 2023
Airless Packaging Market Overview
The airless packaging refers to the dispensing systems, used on cosmetics to prevent the skin care products, such as lotions, toners, foundations, and serum from the excessive exposure of air and prevent the products form oxidation. These are available in the form of bottles & jars, bags & pouches, tubes and others, which are easy to carry. Airless packaging is also used in the packaging of food and beverages to keep the food fresh and healthy. The popularity of the same is on an increase and various companies are coming up with the stylish and innovative designs of tubes and jars. For instance, Alba offers various airless packaging solutions with extra protection of beauty products, which require higher levels of protection.
The global airless packaging market is expected to grow at ~ 5.5% CAGR during the forecast period.
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The Nea range of Alba offers modern pumps designs that are customized and offer smooth operation with a high suction rate.
Increase in awareness about high quality premium products, minimal wastage of products, and increase in shelf life of products, drive the growth of the airless packaging market. Moreover, airless packaging allows recycling of products, which further supplement the market growth.
The key players in the global airless packaging market include
- ABC Packaging Ltd. (UK)
- Albéa Beauty Holdings S.A. (France)
- AptarGroup Inc. (USA)
- Fusion Packaging (USA)
- HCP Packaging (UK)
- Libo Cosmetics Company Ltd. (Taiwan)
- Lumson SPA (Italy)
- Mondi (South Africa)
- Quadpack Industries (Spain)
- WestRock (USA)
Airless Packaging Market Segmentation
The global airless packaging market has been segmented on the basis of dispenser type, end-use, material type, packaging type, and lastly, region. In the context of dispenser type, this market has been segmented into the dropper, pumps, and twist & click. In the next five years, pumps segment can the fastest-growing dispenser type. Based on end-users, the market has been segmented into healthcare, homecare, personal care, and others. During the forecast period, the personal care segment can be the fastest-growing segment due to the benefit like zero-wastage.
Based on the material type, the market has been segmented into glass, plastic, and others. By 2023, the plastic segment is expected to dominate the market because plastic is flexible, easy to use and it has elasticity. Plastic also offers comparatively longer storage life than other packaging materials. On the basis of packaging type, the market has been segmented into bags & pouches, bottles & jars, tubes, and others. Bottles & Jars segment can be the fastest growing market segment during the forecast period because they are ideal packaging type for all types of end-use applications.
The regional segmentation of the global airless packaging market has segmented the market into regional markets known as Asia Pacific, North America, Europe, and the rest of the world (RoW). In terms of demand, Europe is expected to remain the largest regional market during the forecast period. Due to high demand and rapid technological advancement, the presence of many key market players, and preference for eco-friendly packaging, the packaging industry (including airless packaging) remains strong in this region. In this region, the most important France, Germany, Italy, and the UK, followed by the remaining countries of Europe.
North America is another important regional market that is growing primarily due to the same reasons as in Europe, but also due to high demand in the USA. After the USA, Canada is the most important country-specific market in this region. Amazon has entered the skin care business with new brand Belei that is being packed in the airless pump top jar.
During the forecast period, the demand for airless packaging is expected to grow in the Asia Pacific region due to the growing urban population, changing lifestyle, and, growing production of consumer goods. The greatest country-specific markets in this region are China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
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