Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.90 Billion | USD 10.29 Billion | 6.38% | 2023 |
The global airless packaging market size was worth around USD 5.90 billion in 2023 and is predicted to grow to around USD 10.29 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.38% between 2024 and 2032.
Manufacturers are choosing recyclable packaging materials to meet consumer demand for environment-friendly products that are free from harmful by products that can cause physical health concerns. Airless packaging enables to avoidance of air contact and contamination during filling, storage, and use, thus improving longevity and quality preservation.
A significant rise in the global airless packaging market is anticipated owing to increased awareness of high-quality premium goods, minimal wastage, and an increase in product shelf life. Rapid growth in the cosmetics and pharmaceutical industries would make a massive contribution to increased demand for airless packaging products. However, the high cost of airless packaging products is expected to be a challenge to the airless packaging market.
The global airless packaging market by packaging type has been segmented into bottles & jars, bags & pouches, tubes, and others. The bottles & jars segment, among all other packaging type segments, dominated the global airless packaging market in 2018 because bottles & jars are most commonly used in end-use applications such as personal care, healthcare, and food and beverages.
The global airless packaging market by material type has been segmented into plastic, glass, and others. Plastic is lightweight and easy to handle hence is widely used as packaging material in healthcare, personal care, and food and beverages. Plastic is anticipated to experience the fastest growth over the forecast period.
The global airless packaging market by end-user has been segmented into personal care, healthcare, homecare, and food and beverages. Increasing urbanization, elevated consumer income, and consumer inclination towards using organic products will boost the growth of products, such as personal care, healthcare, home care, and food and beverages, eventually significantly increasing the global airless packaging market.
Report Attributes | Report Details |
---|---|
Report Name | Airless Packaging Market |
Market Size in 2023 | USD 5.90 Billion |
Market Forecast in 2032 | USD 10.29 Billion |
Growth Rate | CAGR of 6.38% |
Number of Pages | 110 |
Key Companies Covered | AptarGroup, Inc., HCP Packaging, Albéa Beauty Holdings S.A., LUMSON SPA, ABC Packaging Ltd, Fusion Packaging, Quadpack Industries, Libo Cosmetics Company, Ltd., WestRock, and Mondi |
Segments Covered | By Packaging Type, By Material, By End-User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Due to the high demand for airless packaging, combined with rapid levels of product innovation and growth, the airless packaging market has a powerful base in Europe. Europe's airless packaging industry is also looking for greener solutions to standardize airless plastic packaging thus the region will experience substantial growth in the coming years. It is also probable that North America will continue to invest in the airless packaging market, mainly owing to massive demand for personal and healthcare products.
Moreover, Asia Pacific will record a phenomenally elevated growth rate for airless packaging. It is anticipated that a large and still growing urban population in the Asia Pacific region will increase its demand for several packaging requirements. Additionally, rising income and an increase in demand for natural and organic products are expected to boost the growth of airless packaging products in the Middle East and Africa region.
The global airless packaging market is led by players like:
Global Airless Packaging Market: Packaging Type Segment Analysis
Global Airless Packaging Market: Material Segment Analysis
Global Airless Packaging Market: End-User Segment Analysis
Global Airless Packaging Market: Regional Segment Analysis
FrequentlyAsked Questions
Airless packaging is a form of packaging that is intended to keep products fresh and uncontaminated for the duration of their shelf life by shielding them from air exposure. A non-pressurized vacuum pump or a dispensing system is typically included in this packaging to prevent air from re-entering the container after use. It is frequently employed in the production of pharmaceuticals, cosmetics, skincare, and other sensitive products that may degrade or loose their effectiveness when exposed to air.
In the cosmetics and skincare industry, airless packaging is frequently employed to maintain the quality of products such as serums, lotions, and creams, which can degenerate when exposed to air. The adoption of airless packaging is driven by the increasing demand for high-quality, long-lasting cosmetic products.
The global airless packaging market size was worth around USD 5.90 billion in 2023 and is predicted to grow to around USD 10.29 billion by 2032.
The global airless packaging market a compound annual growth rate (CAGR) of roughly 6.38% between 2024 and 2032.
Asia Pacific will record a phenomenally elevated growth rate for airless packaging. It is anticipated that a large and still growing urban population in the Asia Pacific region will increase its demand for several packaging requirements. Additionally, rising income and an increase in demand for natural and organic products are expected to boost the growth of airless packaging products in the Middle East and Africa region.
AptarGroup, Inc., HCP Packaging, Albéa Beauty Holdings S.A., LUMSON SPA, ABC Packaging Ltd, Fusion Packaging, Quadpack Industries, Libo Cosmetics Company, Ltd., WestRock, and Mondi
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