Airless Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Airless Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Airless Packaging Market

The airless packaging market size was valued at USD 7.50 billion in 2022, and the market is now projected to grow from USD 7.96 billion in 2023 to USD 12.45 billion by 2030, exhibiting a CAGR of 6.60% during the forecast period of 2023-2030.

The COVID-19 occurrence impacted numerous end-use industries globally. The quick emergence of the infection managed to the closure of businesses and manufacturing units in the packaging industry. Despite the crucial impact caused by the COVID-19 virus, the airless packaging sector recorded the rise of many profitable progression opportunities. During lockdowns, the rising demand for hand care and skin care products and the prompt development in the e-commerce industry enhanced the sales of personal care & cosmetic products, further supporting the market progression.

There is an enhancing demand for superior cosmetic products among the functioning and Gen Z people globally. The demand for such products in current years has enforced producers to pursue ecological and major packaging solutions such as airless products. The promptly rising demand for cosmetic products such as serums, skin care creams, lotions, and foundations is motivating the need for operative packaging solutions that can guard the products inside. Such demand from producers and customers is motivating the universal airless packaging market growth.

The rising customer shift and demand for viable packaging solutions is developing as a major trend for market progress globally. The growing ecologically conscious customers are enhancing the demand for airless packaging products, which are packed in a way that reduces waste and decreases their global ecological effect. Such kinds of packaging solutions are usually manufactured from recyclable materials, which is helpful in dropping packaging waste and is well situated to help in the approaching years.

Comprehensive Analysis of Airless Packaging Market

The market can be segmented in various ways, depending on the focus of analysis such as by material, by product type and by application. Based on material, the market is segmented into plastic, glass, aluminum, and others. Based on product type, the market is segmented into bottles & jars, tubes, and others. Based on application, the market is segmented into personal care & cosmetics, pharmaceuticals, food & beverages, and others.

Europe region is dominating the airless packaging market share due to booming beauty and cosmetics industry and the presence of leading manufacturers.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include AptarGroup Inc. (U.S.), Silgan Holdings Inc. (U.S.), Quadpack (Spain), HCP Packaging (China), APackaging Group (U.S.),LUMSON S.p.A (Italy), Hangzhou ABC Packaging Co. Ltd. (China), Albéa Group (France), PrimePac (Australia), The Packaging Company (U.S.), O.Berk (U.S.), SR Packaging (China), Evergreen Resources (U.S.), Eurovetrocap (Italy), Cosme Packaging (China) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In February 2023, Quadpack declared the launch of a new refillable airless pen, Light Me Up. The refillable airless pen has several tips and can be utilized in both the skincare and makeup sectors. The refill system is also convenient and intuitive.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate CAGR of 6.60% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Material

Plastic

Glass

Aluminum

Others

By Product Type

Bottles & Jars

Tubes

Others

By Application

Personal Care & Cosmetics

Pharmaceuticals

Food & Beverages

Others

By Region

North America (By Material, Product Type, Application, and Country)

U.S. (By Application)

Canada (By Application)

Europe (By Material, Product Type, Application, and Country)

Germany (By Application)

U.K. (By Application)

France (By Application)

Italy (By Application)

Spain (By Application)

Russia (By Application)

Poland (By Application)

Romania (By Application)

Rest of Europe (By Application)

Asia Pacific (By Material, Product Type, Application, and Country)

China (By Application)

India (By Application)

Japan(By Application)

Australia (By Application)

South Korea (By Application)

Southeast Asia (By Application)

Rest of Asia Pacific (By Application)

Latin America (By Material, Product Type, Application, and Country)

Brazil (By Application)

Mexico (By Application)

Argentina (By Application)

Rest of Latin America (By Application)

Middle East & Africa (By Material, Product Type, Application, and Country)

Saudi Arabia (By Application)

UAE (By Application)

Oman (By Application)

South Africa (By Application)

Rest of the Middle East & Africa (By Application)

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