PUBLISHER: Orion Market Research | PRODUCT CODE: 1215834
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215834
Title:Global Airless Packaging Market Size, Share & Trends Analysis Report by Packaging Type (Bags and Pouches, Bottles and Jars, Tubes, and Others), by Material Type (Plastic, Glass, and Others), and by End-User (Personal care and Cosmetic, Pharmaceutical, Homecare, and Food & Beverages) Forecast 2022-2028.
The global airless packaging market is anticipated to grow at a substantial CAGR of 6.5% during the forecast period. Airless packaging involves a packaging method which removes air from the pre-sealing pack which eliminates the exposure to sunrays, air, and microbes and prevents the loss of volatile matter. Increasing adoption of airless packaging products is strongly boosting due to its growing utilization in personal care, food & beverages, homecare, and pharmaceutical industry. Airless packaging is majorly used in personal care and cosmetic industry for packaging of natural and organic products as it decreases the use of preservatives, which supports to keep products more organic. Airless packaging products have witnessed rapid adoption in food industry as they provide extended shelf life to the products. Due to this growing trend, many manufacturers have started redefining the packaging to make it suitable for several applications. For instance, July 2021, Baralan, introduced DEA (Developing the Evolution of Airless) which is a new series of products. This product series is composed of glass airless containers with no internal plastic container intended for numerous applications.
The global airless packaging market is segmented based on the packaging type, material type and end-user. Based on the packaging type, the market is segmented into bags and pouches, bottles and jars, tubes, and others. Based on the material type, the market is sub-segmented into the plastic, glass, and others. Based on the end-user, the market is sub-segmented into the personal care and cosmetic, pharmaceutical, homecare, food & beverages. The above-mentioned segments can be customized as per the requirements. The widespread acceptance of airless packaging for food and beverages is contributing to the growth of the market. This adoption of airless packaging for food and beverages is majorly driven due to increasing demand for the extended shelf life of products. This type of packaging may also be used to store fresh produce, such as meats and vegetables, since it can inhibit the growth of bacteria. Airless packaging is generally used to store fruits, vegetables, nutraceuticals, and dry fruits as they provide excellent properties such as extending product shelf life. This type of packaging is also used to store fresh produce, such as vegetables and meat as it can prevent the growth of bacteria.
Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to hold a considerable share after Europe in the airless packaging market. The demand in this region is driving owing to the increasing eco-friendly and sustainable concerns. Consumer interest in this region is shifting more towards recyclable, safe, and sustainable packaging. Due to this demand, major the US companies are inclining their efforts towards eco-friendly and sustainable airless packaging by using Polypropylene (PP) PCR packages. For instance, in November 2021, APC Packaging which provides manufacturing and packaging services to customers across North America launched their Polypropylene GSPP Jar and Cap Series. The GSPP is considered a mono-material as it is 100% PP PCR. Eliminating the need for disassembly as the entire jar and cap can be easily recycled by the consumer as one single unit.
The major companies serving the global airless packaging market include ABC Packaging Ltd, Albea Services S.A.S., AptarGroup, Inc., Berlin Packaging L.L.C., LUMSON S.p.A, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2021, Faca Packaging launched transparent jar of recycled PMMA for cosmetic applications. PMMA is a transparent polymer material, and the company claims to be the first company to supply PMMA for cosmetic application
Research Methodology
The market study of the global airless packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: