Global Airless Packaging Market is estimated to be valued at US$ 5.8 Billion in 2021, according to the Airless Packaging Market Report, by Packaging Type (Bottles & Jars, Bags & Pouches, Tubes, Others), by Material Type (Plastics, Glass, Others), by Dispenser Type (Pumps, Dropper, Twist & Click), by End-use (Personal Care (Skin Care, Hair Care, Baby Care (Home Care, Health Care, Others), and by Region(North America, Europe, Asia Pacific, Latin America, Middle East & Africa), published by Coherent Market Insights.
Global airless packaging market was valued at US$ 5.8 Billion in 2021. Airless packaging market is expected to register a CAGR of 5.5% over the forecast period (2022–2030), to reach US$ 9.4 Billion by 2030. Airless packaging is mostly used in the packaging of cosmetic products in order to prevent the product from contamination and extend the shelf life of the product, as it restricts the flow of oxygen to the product inside the packaging. It is a non-pressurized system that has a mechanical pump with a sealed and filled container. Airless packaging is suitable for all types of products such as liquids, creams, fluids, gels, and pastes. Airless packaging comes in various forms such as jars, tubes, bottles, and syringes as there are many design options for manufacturers. Moreover, airless packaging reduces the wastage of product as it allows the consumer to use the product up to the last drop.
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.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/airless-packaging-market-3519
Browse 45 market data tables* and 30 figures* on "Airless Packaging Market” - Forecast to 2030.
Key Trends and Analysis of the Airless Packaging Market:
- Increasing focus of manufacturers to introduce innovation in airless packaging solutions is projected to propel the market growth of airless packaging over the forecast period. For instance, in October 2021, APR Packaging, an airless packaging company had updated and improved version of the APR Design Guide for Plastics Recyclability for PE Film Packaging.
Key Takeaways of the Airless Packaging Market:
- On the basis of end-use, the personal care market dominated the global airless packaging market in 2021 with a 72.8% market share in terms of value, followed by health care and home care, respectively.
- Europe will be the largest market for airless packaging market growth and will be complemented by surging airless packaging adoption in Asian countries. Airless pumps are likely to surge in popularity, attributed to their nearly 100% dispensing rate. For instance in June 2022, Quadpack, an airless packaging company launched a recyclable stick for solid formulas.
New product launches, merger & acquisitions, strategic partnership expansion, and research & development for the airless packaging products are key strategies adopted by players in the global Airless Packaging market. For instance, in May 2022, Aptar Food & Beverage has launched an online ordering platform in Colombia, South America, designed specifically to serve two markets poised for sustained long-term growth in all the region.
