Report

Airless Packaging Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: Mar,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global airless packaging market was US$ 5.5 billion in 2021. The global airless packaging market is forecast to grow to US$ 8.1 billion by 2030, registering a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2022 to 2030.

A liquid dispensing container that does not allow atmospheric air to contact the formulation is known as airless packaging. This packaging helps to extend product shelf life and provides a high evacuation rate with precise dosage.

Factors Influencing the Market

The demand for airless packaging for drug packaging. In addition, the rising demand for premium cosmetic materials is driving the growth of the entire airless packaging market.

The presence of alternative low-cost packaging may limit the market's growth.

The expansion of the airless packaging industry has been propelled by an increase in demand for prestige items around the world. Furthermore, the rising demand for homecare items is expected to boost the growth of the global airless packaging market during the study period.

The rising per capita income of individuals in developing nations will benefit the global airless packaging market during the forecast period.

COVID-19 Impact Analysis

In 2020, the global sales of airless packaging have fallen to an extent. This is attributed to the drop in demand for cosmetics and personal care goods. In addition, the trend of 'work from home' and travel restrictions has declined cosmetics consumption. Despite the crisis, the pharmaceutical business is providing some growth to the airless packaging market. Thus, the global market for airless packaging has been significantly hampered due to the COVID-19 pandemic.

Regional Analysis

Europe holds the highest share of the global airless packaging industry, owing to the presence of prominent cosmetics manufacturers. Furthermore, Asia-Pacific is expected to register the highest CAGR in the global market. This is owing to expanding urbanization in emerging economies such as India and China. Furthermore, rising consumer awareness related to personal appearance is driving the growth of the regional airless packaging market. Furthermore, the population in the region is growing rapidly, which is expected to contribute to the market growth. Rising demand for natural and organic products is expected to offer ample growth opportunities for the growth of the global airless packaging market during the forecast period.

Competitors in the Market

ABC Packaging Ltd.
ALBEA S.A
Aptar Group Inc.
Ball Corporation
Fusion PKG
HCP Packaging
Libo Cosmetic Company Ltd.
Lumson S.p.An
Quadpacks
Raepak Ltd.
RPC Group Ltd
Silgan Holding Inc.
Sonoco Products Company
WestRock
Other Prominent Players
Market Segmentation

The global airless packaging market segmentation focuses on Material, Packaging, End-Users, and Region.

The airless packaging market is segmented based on material into

Plastic
Glass
Others
The airless packaging market is segmented based on packaging into

Bottles and Jars
Bags and Pouches
Tubes
The airless packaging market is segmented based on end-users into-

Pharmaceuticals
Petcare
Personal Care Products
Other End-Users
The airless packaging market is segmented based on region into-

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America