Global Airless Packaging Market By Product (Bags & Pouches, Bottles & Jars), By Application (Personal & Home Care, Pharmaceutical, Pet care and Other Applications), By Material (Glass, Plastic and Aluminum), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Airless Packaging Market Overview:

In 2021, the global airless packaging market was valued at USD 5,290 million with a CAGR of 5.8%. These products are usually packed in airless packaging.

This is due to the increasing demand for anti-aging products in the U.K. Market growth is expected to be driven by the growing global demand for premium cosmetics products over the forecast period. Global demand for premium cosmetics products such as foundations, serums, and natural skincare creams has increased significantly over the last few years.

Global Airless Packaging Market Scope:

Material Analysis

In 2021, plastic accounted for 64.1% of the global market share. Plastic accounted for 63.3% of the global market share in 2021. Plastics like PP are inert to acids, alkalis, and most solvents. Plastic is far less expensive than metal and glass and is lightweight, flexible, and easy to shape. As a result, end-user firms favor packaging made primarily of plastic.

PMMA, often known as acrylic plastic, resembles glass in appearance. Additionally, unlike glass, it is unbreakable, hence acrylic plastic is frequently used as a substitute for glass when producing items for airless packaging. According to estimates, the glass category holds the second-largest market share. Given that glass is 100 percent recyclable, this market is likely to increase as a result of rising consumer sustainability awareness and growing demand from end-use sectors for sustainable packaging goods.

Product Analysis

Bottles & Jars held an 83.1% market share in 2021. They will continue to dominate the global market until 2023-2032. Plastic & glass are popular because of their aesthetic appeal and low price. Bottles or jars can be carried in large quantities, making them great for traveling or for storing cosmetic or pharmaceutical formulations.

To package expensive, premium cosmetics, or drugs, airless containers and bottles are preferred to pouches & tubes because of their aesthetic appeal. Tube packaging claim is expected to increase due to smaller packaging sizes being used in the beauty and personal-care trades. The ultimatum for tube packaging kinds is anticipated to increase throughout the projected period as a result of a growing trend for smaller package sizes, particularly in the beauty and personal care sectors due to their convenience when traveling.

Application Analysis

In 2021, was the market leader in personal and home care. In 2021, This packaging method preserves product integrity and extends shelf life. This product doesn’t require any preservatives. It does not require preservatives. Semisolid formulations are most commonly used for topical and dermal medication. Semisolid formulations are extremely sensitive to light and oxygen and can be damaged by the environment. Manufacturers are now switching to airless packaging. Airless packaging can also be used to protect sensitive pet care formulas like oils used for the well-being or health of animals, such as cats and dogs.

The demand for tube packaging types is anticipated to increase throughout the projected period as a result of a growing trend for smaller package sizes, particularly in the beauty and personal care sectors due to their convenience when traveling.

Key Market Segments:

By Material

• Glass
• Plastic
• Metal

By Product

• Bottles & Jars
• Bags & Pouches
• Tubes

By Application

• Personal Care & Homecare
• Pharmaceutical
• Pet care
• Other Applications

Market Dynamics:

Many factors limit their widespread use, including the high cost of plastic bottles and jars, as well as the environmental issues. A 53ml airless plastic bottle will set you back US$ 1.50-4. While a 53ml non-airless bottle will cost you US$ 0.30-2.50. Prices may vary depending upon the quantity of the purchase. Additionally, fluctuating crude oil prices can cause uncertainty as to whether raw materials are available at lower or affordable prices.

These materials are made from crude oil. In the past few years, volatility in raw material prices has led to an increase in production costs and a wider demand-supply gap. The fluctuations in currencies, global demand, and OPEC’s actions can all be attributed to volatile crude oil prices. Declining market demand for luxury products will have a negative impact on the market. This is due to changing income patterns. This will have a negative impact on the market.

Regional Analysis:

Europe was the dominant market in 2021, accounting for over 34.8% of global revenue. North America will experience significant growth because of Mexico’s growing beauty and personal care industries, as well as the increasing number of women employed in the country. The Asia Pacific will grow the fastest between 2023-2032 due to the high demand for premium cosmetics as well as rising middle-class populations in countries such as India, China, and Indonesia.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share Analysis:

Due to the presence of major companies, the industry is relatively fragmented. Many companies have different strategies for product differentiation and pricing. Market players are likely to invest more in product development because of the increasing demand for airless packaging solutions.

Key Market Players:

• Quadpack
• AptarGroup, Inc.
• ALBEA S.A.
• Silgan Holdings Inc.
• HCP Packaging
• ABC Packaging Ltd
• Lumson Spa
• Libo Cosmetics Company
• Fusion Packaging
• Other Key Players

For the Global Airless Packaging Market research study, the following years have been considered to estimate the market size: