December 24, 2024

Airless Packaging Market Size is Expanding to USD 9.46 Billion by 2032

The global airless packaging market size is anticipated to reach around USD 9.46 billion by 2032 from USD 5.79 billion in 2022 and is poised to grow at a CAGR of 5.03% during the forecast period from 2023 to 2032.

Airless Packaging Market Revenue 2023 To 2032

The airless packaging market has experienced notable growth driven by several key factors. Airless packaging technology offers a range of benefits, including extended product shelf life, improved preservation of product integrity, and precise dosage control. These features make airless packaging particularly popular in the cosmetics, skincare, and pharmaceutical industries, where maintaining product efficacy and freshness is crucial.

Moreover, the rise of premium and luxury beauty products has spurred the demand for upscale packaging solutions, further driving the adoption of airless packaging. Additionally, consumer preferences for hygienic and convenient dispensing methods have contributed to the market’s expansion. Furthermore, advancements in materials and design innovations have enhanced the sustainability and recyclability of airless packaging, aligning with industry trends towards eco-friendly solutions. As industries continue to prioritize product protection, convenience, and sustainability, the airless packaging market is expected to witness sustained growth and continued innovation.

Key Takeaways

  • While the jar category is anticipated to rise significantly during the projected period, the bottles segment now holds the greatest market share.
  • The pump system has the most market share, and it will continue to dominate the market for the foreseeable future. During the anticipated time, the dropper segment is anticipated to exhibit a notable increase.
  • The pharmaceuticals area is anticipated to experience notable growth in the near future, while the personal care and cosmetics section currently maintains the greatest market share.

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Report Scope of the Airless Packaging Market:

Report Coverage Details
Market Size in 2023 USD 6.08 Billion
Market Size by 2032 USD 9.46 Billion
Growth Rate from 2023 to 2032 CAGR of 5.03%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Packaging Type, By Dispensing System, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Read More: Packaging Material Market Size to Surpass USD 1.35 Trillion By 2032

Airless Packaging Market Dynamics

Driver

The airless packaging market is witnessing a notable surge in demand, driven by the increasing need for hygienic solutions in packaging. As consumers become more conscious of hygiene and safety standards, particularly in the wake of global health concerns, there is a growing preference for packaging solutions that offer enhanced protection and cleanliness.

Airless packaging, known for its ability to prevent contamination and preserve product integrity, is increasingly sought after in various industries, including skincare, cosmetics, and personal care products. The airless design of these packaging solutions eliminates the need for traditional pumps or tubes, reducing the risk of bacterial growth and product spoilage.

Restraint

One of the significant challenges in the airless packaging market is ensuring compatibility with multiple products. Airless packaging systems are designed to preserve the integrity and efficacy of various products by minimizing exposure to air and contaminants.

However, achieving compatibility across a diverse range of formulations, viscosities, and ingredients can be complex. Different products may have unique requirements in terms of packaging materials, dispensing mechanisms, and barrier properties. Ensuring that airless packaging solutions effectively accommodate different product types without compromising stability, shelf life, or performance is essential. To address this challenge, stakeholders in the airless packaging market must invest in research and development to design versatile packaging systems that can accommodate a wide array of products while maintaining product integrity and safety. Collaboration between packaging manufacturers, product formulators, and regulatory bodies is crucial to develop standardized guidelines and testing protocols to verify compatibility and ensure consumer safety across various product categories.

Opportunity

The airless packaging market is witnessing a surge in demand driven by the increasing preference for alternative solutions to traditional plastic packaging. This trend reflects growing concerns about plastic pollution and environmental sustainability, prompting consumers and businesses to seek more eco-friendly packaging options. Airless packaging offers a viable alternative by eliminating the need for external propellants or pumps, reducing plastic usage, and improving product preservation and dispensing efficiency.

Additionally, airless packaging solutions often utilize recyclable or biodegradable materials, further aligning with sustainability goals. As awareness of environmental issues continues to grow, the demand for airless packaging as an alternative to plastic packaging is expected to rise, driving innovation and market growth in the airless packaging sector.

Recent Developments

  • The LVMH Group and Stella McCartney Skin Care Line announced in January 2023 that they would be working together to revamp their refillable glass airless packaging solution. The brand provides a large selection of vegan face care products with attractive and recyclable packaging, such as cleansers, moisturisers, and serums.
  • Taiwan-based EPOPACK announced in March 2023 the introduction of a sustainable airless packaging solution specifically made for cosmetics. PET is used in the production of EPOPACK’s packaging solution, which also comes with a variety of pump dispenser choices.
  • APC, a major competitor in the global industry, announced the release of an airless AWP pump in December 2022. In response to the growing market need for sleek and contemporary packaging, the company has expanded to include pump packaging in quantities of 15, 30, and 50 millilitres.

Airless Packaging Market Players

  • Aptan Group
  • Silgan Hoings Inc
  • Albea S. A.
  • HCP Packaging
  • Quadpack
  • COSME Packaging
  • Cospack America Group
  • Fusion Packaging
  • Eastar Cosmetic Packaging

Segments Covered in the Report:

By Packaging Type

  • Bottles
  • Jars
  • Tubes

By Dispensing System

  • Pump
  • Dropper
  • Twist & Clicks

By Application

  • Personal care and cosmetics
  • Home care
  • Pet care
  • Pharmaceuticals
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
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