Airless Packaging Market Overview | Growth, Trends, COVID-19 Impact, Application, Revenue and Forecasts (2021 - 2027)
Overview
The Global Airless
Packaging Market is expected to gain an unprecedented value
of USD 5,658.3 Million by 2025, with 4.53% CAGR during
the forecast period (2019–2025). The report provides insights into the
segmentation and market dynamics for a better glimpse of the market in the
coming years. Airless packaging a liquid dispensing packaging that prevents
normal atmospheric air from coming in contact with the formulation inside. Such
packaging products are mainly used to avoid product contamination.
Competitive
Analysis
Prominent players
profiled in the airless packaging market are Aptar Group, INC. (US),
SilganHoldings Inc (US), Quadpack (Spain), Albea S.A. (France), Fusion PKG
(Texas), HCP Packaging (Shanghai), Lumson S.p.An (Italy), and APC Packaging
(Florida).
Acquisitions &
mergers and collaborations are some of the strategies that these companies have
adopted to stay ahead of their peers.
In August 2018, AptarGroup,
Inc. acquired CSP Technologies a leader in active packaging technology based on
proprietary material science expertise for the pharma and food service markets.
The company aims to
grow CSP Technologies’ existing business in the pharma and food safety markets
and leverage their active packaging and material science in other end markets.
In September 2019, Quadpack
acquired the cosmetics packaging operations and the commercial rights to the
patented bi-injection blow molding (BIBM) process of German plastic parts
manufacturer, Inotech.
The companies will
use the BIBM technique to jointly research and develop new beauty packaging
solutions.
Segmental Analysis
The Global Airless Packaging Market Overview is
segmented based on material, Packaging Type, Dispenser Type and End-Use.
By material, the
plastics segment dominated the global market as they create aesthetically appealing
packages, helping in the promotion and marketing of the airless packaged
cosmetic products. The plastic airless packaging bottles provide tight seals,
which prolong the life of the products.
Based on packaging
type, the global airless packaging market overview is divided into bottles
& jars, bags & pouches, tubes, and others. The bottles and jars
are available in attractive styles and colors and usually have a lock and twist
action of pump. The cosmetic industries, which involve a primary use of airless
bottle packaging, impact their growth. Luxury brands maximizing their use of
airless bottles to improve the aesthetic appeal of the product drive the growth
of the bottles & jars segment.
Based on dispenser
type, the market is segmented as pumps, dropper and twist & click. A pump
dispenser holding the highest market share is used on airless containers for
dispensing liquid and semi-liquid products is primarily used for dispenser
systems in airless packaging.
Regional Analysis
The geographic
analysis of the Global Airless Packaging Industry spans across North America,
Europe, Asia-Pacific (APAC) and the rest of the world. In 2018,
Europe was the leading market with a market valuation of USD 1,443.3
Million. The value of the regional market is expected to reach USD1,920.4
Million by 2025, with an impressive 4.26% CAGR during the
forecast period.
Europe is also the
fastest-growing region in the global airless packaging market, with Germany,
France, the UK,
Italy being the major markets. The region is the home to several luxurious
cosmetic brands, which supports the growth of the market for airless packaging.
Also, the growing demand for sustainable packaging products in the food &
beverage industry is leading to the escalation in demand for eco-friendly
storage and airless packaging solutions in the region.
In 2018, North
America held the second largest share of the airless packaging market.
The market is
expecting significant growth due to witnessed increased investments in
R&D and growing focus on incorporating innovation in packaging methods in
region. Such factors are expected to increase the market share of the
region during the forecast period. In 2018, the regional market was valued
at USD 1,211.7 million, which is expected to reach USD 1,588.3 million by 2025
with a 4.04% CAGR during the forecast period.
The growing
personal care & home care industry along with the rising demand for plastic
material, bottles & jars packaging and pump dispensers are anticipated to
raise the demand for airless packaging in the region.
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