The global market for airless packaging is growing significantly with a CAGR of 4.2%. With the rise in consumer demand, manufacturers are increasingly turning to airless packaging as a way to reduce product waste and extend shelf life while also providing a more user-friendly packaging experience. Airless packaging is becoming increasingly popular in both the cosmetic and pharmaceutical industries due to its many advantages, including improved product stability, enhanced shelf life, and increased consumer convenience. In addition, airless packaging has become more widely adopted due to its significant cost savings and environmental benefits.
The growth of the global airless packaging market is attributed to the numerous advantages that airless technology provides, including improved product preservation, greater product sustainability, and tamper evidence. Airless packaging is also suitable for a wide range of industries, from cosmetics and personal care to food and beverage, making it an attractive choice for many companies.
Airless packaging has become increasingly popular in recent years, as companies and consumers alike look to maximize product shelf life and minimize waste. This type of packaging is designed to maintain the quality of a product by providing an airtight seal that prevents oxidation, contamination, and spoilage. Additionally, its sleek design allows for easy and efficient delivery, adding to its appeal for both retailers and end-users. With the global demand for airless packaging on the rise, manufacturers are looking for ways to capitalize on this growing trend.
- Some of the primary drivers of the airless packaging market are the growing demand for personal care and cosmetic products, coupled with the rising popularity of single-serve products have increased the demand for airless packaging. Moreover, the rise of e-commerce is driving the demand for airless packaging in the food and beverage industry.
- In addition, airless packaging offers many benefits for the environment, such as reduced product waste and the ability to extend product shelf life. The growing demand for natural and organic products has greatly benefited the airless packaging industry. The expanding middle class in emerging markets also presents a significant opportunity for the airless packaging market. With improving purchasing power and higher purchasing rates, many consumers in emerging economies are willing to spend more on premium products. Another key driver for the airless packaging market is the continuous shift toward online shopping.
The increasing R&D activities to fuel the market growth
Robotics and automation research and development have brought cutting-edge precision and miniaturization to the realm of surgery, and the applications are geared toward the widespread use of minimally invasive surgery. Minimally invasive surgeries have advantages such as small incisions, less pain, shorter recovery times, and a lower risk of bacterial infections, which is expected to drive the growth of the market. Robotics and automation in airless packaging are likely to attract public and private R&D funding. Furthermore, recent FDA approvals of robotic surgical treatments are encouraging the use of airless packaging.
North America dominates the global airless packaging market
North America holds a major share of the global Airless packaging market in 2021 and is expected to maintain its trend over the forecast period. This growth is attributed to the rapid adoption of new technologies and inventions. The North American airless packaging market is also fueled by a huge patient pool with urinary disorders and a sudden and sharp increase in the same in recent years.
Moreover, the rapidly growing medical & pharma market is further expected to increase the sales revenue of the global airless packaging market. The prevalence of chronic kidney disease (CKD) is rapidly growing in people aged 65 and older. In Canada, prostate cancer is the fourth most common cancer and 99% of prostate cancer cases are reported in men of age 50 and above.
While North America dominates the airless packaging market, the Asia Pacific region is expected to be the fastest-growing region owing to the increasing improvements in the healthcare sector is expected to drive the growth of the market. This growth of the Asia Pacific region is majorly due to the growing awareness regarding the various treatment of airless packaging. In addition, the European airless packaging market is expected to grow at a significant rate owing to the rising product approvals by the C.E., commission coupled with the rapid adoption of the same.
Market Structure and Competitive Landscape
The global airless packaging market is fragmented in nature and observes intense competition in the airless packaging market. Some of the prominent players that contribute significantly to the global airless packaging market include AptarGroup, Inc, Silgan Holdings Inc., Quadpack Industries, Albea S.A., HCP Packaging, Lumson S.p.A., Fusion Packaging, Westrock Company, ABC Packaging Ltd, Raepak Ltd., COSME Packaging, and Cospack America Corp. among others.
Product launches, mergers & acquisitions, joint ventures, partnerships and collaborations, and geographical expansion are key strategies adopted by the players in the global airless packaging market. These companies adopt numerous approaches to strengthen their market share and gain a competitive edge over other competitors in the market. Some of the key developments in the global airless packaging market include,
- In June 2022, Seacliff Beauty launched its metal-free Mono-Material Airless System Packaging, comprising 100% polyethylene (PE), allowing for easy disposal, collection, and recycling. The packaging is also available in sugarcane PE.
- In 2021, Aptar entered into a binding agreement to acquire Fusion Packaging I, L.P. (“FusionPKG”). FusionPKG is a leader in high-quality, prestige airless, and color cosmetics packaging, and conception-to-launch turnkey solutions for the North American beauty market.
Key Market Segmentation
RationalStat has segmented the global airless packaging market on the basis of packaging type, material, dispensing systems, end use, and region.
- By Packaging Type
- Bottles
- Jars
- Tubes
- Bags & Pouches
- By Material
- Plastic
- Glass
- Others (Aluminium)
- By Dispensing Systems
- Pumps
- Dropper
- Twist & clicks
- By End Use
- Personal Care
- Skin Care
- Hair Care
- Baby Care
- Home Care
- Health Care
- Pet Care
- Foods & Beverages
- Pharmaceutical
- Personal Care
- By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Middle East & Africa
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for food producers and suppliers, food processors, government organizations, educational organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
Frequently Asked Questions (FAQs)
The global airless packaging market is expected to grow at a CAGR of 4.2% during the forecast period 2022-2028.
North America holds a prominent share of the global airless packaging market.
The market volume of the global airless packaging market is estimated at around US$ 3.2 Billion in 2022.
The global airless packaging market is primarily driven by the growing pharmacy and beauty market.
Major companies operating in the global airless packaging market include AptarGroup, Inc, Silgan Holdings Inc., Quadpack Industries, Albea S.A., HCP Packaging, Lumson S.p.A., Fusion Packaging, Westrock Company, ABC Packaging Ltd, Raepak Ltd., COSME Packaging, and Cospack America Corp. among others.