Wilmington, Delaware, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Global Airless Packaging Market was valued at US$ 5.7 billion in 2023 and is predicted to rise at a substantial CAGR of 4.2% during the forecast period of 2023 and 2030 according to RationalStat analysis.
Market Definition, Market Scope, and Report Overview
Airless packaging is a type of packaging that does not dispense the product using air. Airless packaging technologies, as opposed to standard packaging methods such as pumps or squeeze tubes, use devices that prevent air from entering the container. This design aids in the preservation of the product's freshness, potency, and shelf life, which is especially important for sensitive products such as skincare, cosmetics, medications, and certain foods.
Customers like the ease of airless packaging, which frequently incorporates simple pumps or dispensers. The ease of use of these packaging systems improves the overall client experience.
- According to a deep-dive market assessment by RationalStat, the global airless packaging market has been analyzed on the basis of market segments, including packaging type, material, dispensing systems, end use and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global airless packaging market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global airless packaging market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Airless Packaging Market: Segmental and Market Share Analysis
- On the basis of packaging type, the bottles segment is expected to rise significantly during the projected period due to its choice over airless pouches and tubes, as well as its more appealing visual appearance.
- On the basis of material, due to qualities such as light weight, durability, cost effectiveness, and moisture resistance, the plastic sector dominates the worldwide airless packaging market.
- On the basis of region, North America is dominating the global airless packaging market. The US is the major user of airless packaging owing to the growing cosmetics industry in the country.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 5.7 billion |
| Market Size Forecast | US$ 7.6 billion |
| Growth Rate | 4.2% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Aptar Group and Westrock Company are two of the main competitors in the global airless packaging market. These companies use a variety of methods, such as mergers and acquisitions, partnerships, and collaborations, to move the global airless packaging market forward. 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.
Some of the prominent players and suppliers operating and contributing significantly to the global airless packaging market growth 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.
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RationalStat has segmented the global airless packaging market based on packaging type, material, dispensing systems, end use, and region
- Global Airless Packaging Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Packaging Type
- Bottles
- Jars
- Tubes
- Bags & Pouches
- Global Airless Packaging Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Material
- Plastic
- Glass
- Others (Aluminum)
- Global Airless Packaging Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Dispensing Systems
- Pumps
- Dropper
- Twist & clicks
- Global Airless Packaging Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
- Personal Care
- Skin Care
- Hair Care
- Baby Care
- Home Care
- Health Care
- Pet Care
- Foods & Beverages
- Pharmaceutical
- Personal Care
- Global Airless Packaging Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Airless Packaging Market
- US
- Canada
- Latin America Airless Packaging Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Airless Packaging Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Airless Packaging Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Airless Packaging Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Airless Packaging Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Airless Packaging Market
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Key Questions Answered in the Airless Packaging Report:
- What will be the market value of the global airless packaging market by 2030?
- What is the market size of the global airless packaging market?
- What are the market drivers of the global airless packaging market?
- What are the key trends in the global airless packaging market?
- Which is the leading region in the global airless packaging market?
- What are the major companies operating in the global airless packaging market?
- What are the market shares by key segments in the global airless packaging market?
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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.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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