Airless packaging is a non-pressurized high-quality packaging system that helps to prevent oxidation, increase shelf life, offer precise dosage, and avoid cross-contamination of food. Airless packaging system offers precise dosage each time when it is used and even those formula that has higher viscosity. Airless packaging comes under a variety of designed and packaging forms such as fluids, gels, creams, and pastes with the dispensing system that provide low wastage and prevent the backflow of air in the system. Personal care, healthcare, homecare, and food & beverages industries are some of the major end-users of airless packaging.
Global airless packaging market is projected to reach around US$ 5.8 Billion by the end of 2021, in terms of revenue, growing at CAGR of 5.5% during the forecast period (2022-2030).
Drivers
Rising demand of Airless Packaging for the extended shelf life of products especially in the food & beverages and personal care industries is estimated to augment the market growth of airless packaging. Many cosmetic brand owners are shifting from the conventional form of packaging to airless packaging solutions, which increases product shelf life as airless pump dispensing system preserves the products by preventing oxidation. Hence, increasing demand of Airless Packaging for the extended shelf life of the product is accelerating market growth.
Rising focus of Airless Packaging manufacturers on zero or minimal wastage of products is projected to augment the market growth of airless packaging. Airless packaging offer consumers to utilize the product up to the last drop and prevents product wastage as airless packaging has the dispensing system inside container that provides no wastage of product. Moreover, the user can also take out excess liquid for reducing wastage. Therefore, the rising focus of airless packaging manufacturers over zero or minimal wastage product is anticipated to stimulate market growth.
The COVID-19 pandemic has created a unique as well as challenging situation for the airless packaging market across the globe at personal and professional levels. Airless packaging market had a negative impact due to COVID-19. The impact of the COVID-19 is expected to slow down growth of the airless packaging market mainly due to disruption causing delays that attributes to several supply chains operations. The airless packaging manufacturers are expected to face several challenges as most of the end use industries are facing due to supply chain disruptions, cash flow constraints, and production shutdown.
On basis of the region, Europe dominated the global airless packaging market in 2021, accounting for 54.8% share in terms of volume, followed by North America and Asia Pacific, respectively.
Figure 1. Global Airless Packaging Market Value Share (%), By Region, 2021
Market Restraints
Differentiating value propositions of different kinds of product is difficult which is expected to hinder the market growth of airless packaging. Moreover, increasing strict regulations regarding the usage of plastic packaging especially in Europe due to growing concerns over negative impact of plastic on the environment is further anticipated to restrict the market growth of airless packaging.
High cost of packaging machinery as the initial cost of airless packaging machines is approximately US$ 3 billion (globally) is expected to hinder the market growth of airless packaging. Also, the cost of packing material, which comes in rolls or bags, may increase the overall cost of the packaging system. Therefore, the high cost of the packaging machinery is projected to hinder the market growth of airless packaging over the forecast period.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 5.8 Bn |
| Historical Data for: | 2017-2020 | Estimated Year: | 2022 |
| Forecast Period 2022 to 2030 CAGR: | 5.5% | Forecast Period: | 2022-2030 |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Aptar Group, Inc., Albéa Beauty Holdings S.A., LUMSON SPA, HCP Packaging, Quadpack Industries, Libo Cosmetics Company, Ltd., Fusion Packaging, WestRock, and ABC Packaging Ltd. |
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| Restraints & Challenges: |
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Market Trends
Shifting preferences of manufacturers from rigid to flexible airless packaging due to excellent properties of airless packaging such as exceptional barrier properties, extending product shelf life, convenience at use, flexibility, and softness is projected to propel the market growth of airless packaging. Moreover, the cost of airless packaging is lower cost as compared to rigid airless packaging, which is another major reason that benefits the market growth of flexible airless packaging.
Rising number of acquisitions and mergers by key players in market is expected to accelerate the market growth of airless packaging over the forecast period. For instance, in February 2020, AptarGroup, a well-known Airless Packaging company had announced plans to acquire premium airless and colour cosmetics packaging company Fusion Packaging (FusionPKG). Growing adoption of such strategies among market players will favour the market growth of airless packaging over the forecast period.
Figure 2. Global Airless Packaging Market, Revenue Share (%), By Material Type, 2021
On the basis of material type, in 2021, plastics segment accounted for the largest market share of 75.2% in terms of value, followed by glass and others respectively.
Recent Developments
In February 2020, AptarGroup has announced plans to acquire premium airless and colour cosmetics packaging company Fusion Packaging (FusionPKG).
Airless Packaging are non-pressurized dispensing systems that avoid wastage by evacuating almost 95% of the product and these dispensing systems are reliable, portable and user friendly. Dispensing is a process that combines mechanically-activated pump containers. Airless packaging finds its application in packaging of personal care products and home care products.
Market Dynamics
Global airless packaging market has witnessed significant growth from 2020, owing to the rising demand for premium luxury packages for cosmetic products among consumers. Based on end-use, the global airless packaging market is segmented into personal care, home care, healthcare, and others. The major application of airless packaging is personal care across the world, owing to the rising demand for personal care products such as skin care, hair care and body care products among consumers. This factor is estimated to foster the market growth in the forecast period.
Based on dispenser type, the global airless packaging market is divided into pumps, droppers and Twist & Click. Among these segments, dispenser pumps are widely used in personal care products. Pump dispenser is dominating the global airless packaging market since 2020, owing to the growing demand for user friendly and portable cosmetic products among consumers. This scenario is expected to boost the market growth of global airless packaging market in the forecast period.
Furthermore, Europe dominated the global airless packaging market in 2021, owing to the growing population and rising demand for personal care products among consumers from this region. As a result, this scenario is estimated to foster the growth of global airless packaging market in the forecast period.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section
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