Global Airless Packaging Market: By Material (Glass, Plastic & Metal), By Packaging (Bottles & Jars, Bags & Pouches & Tubes), By End User (Pharmaceuticals, Personal & Home Care, Pet & Pet Care) others) and by Region – Sizing, Growth, Trend, Opportunity and Forecast of the global industry (2021-2027)
The Airless Packaging Market report covers an in-depth analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by key market players operating at scale world. It involves an in-depth analysis of factors influencing the global market and market statistics indicating market share/growth analysis by region and segment. The report study will present one of the most comprehensive analyzes in the market, capturing all aspects of the Airless Packaging industry.
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Airless Packaging Industry Outlook
Airless Packaging Market was valued at USD 5.4 Billion in 2020, and is projected to reach USD 6.8 Billion by 2027, registering a CAGR of 5.7% over the forecast period (2021-2027) . Airless packaging is liquid dispensing packaging that prevents atmospheric air from encountering the formulation. This packaging helps to increase the shelf life of products and achieve a high evacuation rate with precise dosing. Zero waste is an important parameter in the world of packaging to guarantee low waste. Most high-end products are expensive, contain active ingredients prone to oxidation, and are therefore mostly packaged in airless packaging.
Factors affecting the airless packaging market over the forecast period:
Rising demand for airless packaging from skin drug manufacturers and increasing demand for high-end cosmetic products are driving the growth of the airless packaging market across the globe.
Many personal care manufacturers are adopting low cost packaging rather than airless packaging, which is impacting the growth of the market.
Crude oil price volatility is mostly seen due to gaps in global crude oil demand and supply, currency fluctuations and OPEC (Organization of the Petroleum Exporting Countries). The availability of raw materials is affected by the continuous fluctuation of crude oil prices, which leads to uncertainty in the supply and demand of airless packaging. The main raw materials required for the production of bottles, jars and airless packaging pouches include PP, PET and acrylic, which are derived from crude oil.
Impact of COVID-19 on the Airless Packaging Market:
The COVID-19 pandemic is expected to drive down global sales of airless packaging in 2020. This is due to lower demand for cosmetics and personal care products amid the pandemic. “Work from home” in the IT sector of major economies has led to a drop in demand for cosmetics. However, some growth is being brought to the pharmaceutical industry airless packaging market amid the crisis. However, the decline in cosmetics will severely hamper the growth of the airless packaging market across the globe.
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The report outlines the global Airless Packaging market research based on materials, packaging, and end-users.
The Airless Packaging Market is segmented on the basis of Material into –
The airless packaging market is segmented on the basis of packaging into –
- Bottles and jars
- Bags and pouches
The airless packaging market is segmented on the basis of end users in-
- Take care of an animal
- Personal care products
- Other end users
Airless Packaging Market: Regional Outlook
The airless packaging market has been segmented into five geographical regions: North America, Asia-Pacific, South America, Europe, Middle East and Africa. In 2019, Europe held the largest share of the global airless packaging market, supported by leading cosmetic manufacturing companies in the region. Additionally, Asia-Pacific is expected to project the highest CAGR in the global market during the forecast period. This is due to the demand for high-end cosmetic products due to increasing urbanization in emerging economies, such as India and China.
Key Airless Packaging Market Competitors include-
The airless packaging market is highly fragmented, with a large number of smaller players across the world. Key Airless Packaging players operating in the global market include–
- ABC Packaging Ltd.
- ALBEA S.A.
- Aptar Group Inc.
- ball company
- Fusion Set
- HCP packaging
- Libo Cosmetic Company Ltd.
- Lumson SpAn
- Raepak Ltd.
- RPC Group Ltd.
- Silgan Holding Inc.
- Sonoco Product Company
- West Rock.
The Airless Packaging Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.
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The Airless Packaging Market Report Covers Comprehensive Analysis on:
- Market Segmentation and Regional Analysis
- 10 year market size
- Price analysis
- Supply and demand analysis
- Product life cycle analysis
- Porter’s Five Forces and Value Chain Analysis
- Analysis of developed and emerging economies
- PEST analysis
- Factor analysis of the market and forecasts
- Opportunities, risks and market trends
- Conclusion and recommendation
- Regulatory landscape
- Patent Analysis
- Competition Landscape
- More than 15 company profiles
Airless Packaging Market Regional Analysis Includes:
- North America (United States, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA
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Airless Packaging Market: Target Audience
- Airless Packaging Market Suppliers
- Suppliers, distributors and resellers of airless packaging market solutions and services
- End users from various segments of the airless packaging market
- Government agencies and intellectual institutions
- Industry associations and organizations
- Research and advisory service providers
- Research and development organizations
- Investment banks and private equity firms