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Airless Packaging Market

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Title: Airless Packaging Market


1
  • Coherent Market Insights
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  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
AIRLESS PACKAGING MARKET ANALYSIS
  • Airless Packaging Market, By Packaging Type
    (Bottles Jars, Bags Pouches, Tubes, Others),
    By Material Type (Plastics, Glass, Others), By
    Dispenser Type (Pumps, Dropper, Twist Click),
    By End-use (Personal Care (Skin Care, Hair Care,
    Baby Care (Home Care, Health Care, Others)) -
    Size, Share, Outlook, and Opportunity Analysis,
    2019 - 2027

3
  • Airless packaging is a non-pressurized
    high-quality packaging system that helps to
    prevent oxidation, increase shelf life, offer
    precise dosage, and avoid cross-contamination.
    Airless packaging system offers precise dosage
    each time when it is used even formula that
    has higher viscosity. It comes under a variety of
    designed and packaging forms such as fluids,
    gels, creams, and pastes with the dispensing
    system that provide low wastage and prevent the
    backflow of air in the system. Personal care,
    healthcare, homecare, and food beverages are
    some of the major end-user of airless packaging.
  • The global airless packaging market is projected
    to reach around US 7.4 billion by the end of
    2027, in terms of revenue, growing at CAGR of
    5.6 during the forecast period (2019-2027).
  • Drivers
  • Rising demand for the extended shelf life of
    products especially in the food beverages and
    personal care industries is estimated to augment
    the market growth of airless packaging. Many
    cosmetic brand owners are shifting from the
    conventional form of packaging to packaging
    solutions, which increases product shelf life as
    airless pump dispensing system preserve the
    products by preventing oxidation. Hence,
    increasing demand for the extended shelf life of
    the product is accelerating market growth.

4
  • Market Restraints
  • Differentiating value propositions of product is
    difficult which is expected to hinder the market
    growth of airless packaging. Moreover, increasing
    strict regulation regarding the usage of plastic
    packaging especially in Europe due to growing
    concerns over negative impact of plastic on the
    environment is further anticipated to restrict
    the market growth of airless packaging.
  • High cost of packaging machinery as the initial
    cost of airless packaging machines is
    approximately US 3 billion is expected to
    hinder the market growth of airless packaging.
    Also, the cost of packing material, which comes
    in rolls or bags, may increase the overall cost
    of the packaging system. Therefore, the high cost
    of the packaging machinery is projected to
    augment the market growth of airless packaging
    over the forecast timeframe.

5
Figure 1. Global Airless Packaging Market,
Revenue Share (), By Region, 2018
6
  • Market Opportunities
  • Growing demand for an organic skincare product is
    expected to offer potential growth opportunities
    to the market of airless packaging over the
    forecast period. According to the 2019 Organic
    Industry Survey, the U.S. organic market in 2018
    broke through the US 50 billion mark for the
    first time, with sales hitting a record US 52.5
    billion, up 6.3 from 2017. Therefore, the rising
    demand for organic the cosmetic product is
    expected to augment the market growth of airless
    packaging over the forecast timeframe.
  • Growing demand for premium luxury packaging of
    cosmetics is gaining popularity among the
    consumer as manufacturers are continuously
    launching various luxury cosmetic products with
    airless packaging product is expected to propel
    the market growth of airless packaging. Moreover,
    rising per-capita disposable income and the
    growth of the aging- and the beauty-conscious
    population is further expected to augment the
    demand for luxury and premium packaging, this is,
    in turn, accelerating the market growth of
    airless packaging. 

7
Figure 2. Global Airless Packaging Market
Opportunity Analysis
8
  • Market Trends/Key Takeaways
  • Shifting preferences of manufacturer from rigid
    to flexible airless packaging due to excellent
    properties such as exceptional barrier
    properties, extending product shelf life,
    convenience at use, and flexibility, and softness
    is projected to propel the market growth of
    airless packaging. Moreover, the cost of airless
    packaging is lower cost as compared to rigid
    airless packaging is another major reason
    augmenting the market growth of flexible airless
    packaging.
  • The rising number of acquisitions and mergers by
    the manufacturer in the market is expected to
    accelerate the market growth of airless packaging
    over the forecast period. For instance, in
    February 2020, AptarGroup has announced plans to
    acquire premium airless and color cosmetics
    packaging company Fusion Packaging (FusionPKG).
    Growing adoption of such a strategy among players
    will favor the market growth of airless packaging
    over the forecast period. technology has also led
    to reduced consumption of energy by 40.

9
Figure 3. Global Airless Packaging Market,
Revenue Share (), By Application, in 2018
10
  • Competitive Section
  • Key players operating in global airless packaging
    market are Aptar Group, Inc., Albéa Beauty
    Holdings S.A., LUMSON SPA, HCP Packaging,
    Quadpack Industries, Libo Cosmetics Company,
    Ltd., Fusion Packaging, WestRock, and ABC
    Packaging Ltd.
  • Few Recent Developments
  • Aptar Group, Inc.
  • In February 2016, the company acquired Megaplast
    GmbH, Megaplast France s.a.r.l. and Mega Pumps
    L.P. The objective of the acquisitions is to
    manufacture all-plastic airless dispensing
    systems for beauty care.
  • In February 2020, AptarGroup has announced plans
    to acquire premium airless and color cosmetics
    packaging company Fusion Packaging (FusionPKG). 
  • Albéa Beauty Holdings S.A.
  • In July 2016, Albea and LOreal co-invented the
    first barrier laminate tube for at-home permanent
    hair color

11
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    hts.com/market-insight/airless-packaging-market-35
    19

12
About Us
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13
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14
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