Global Airless Packaging Market Size To Worth USD 10.98 Billion By 2033 | CAGR of 5.50%
Category: Chemicals & MaterialsGlobal Airless Packaging Market Size To Worth USD 10.98 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Airless Packaging Market Size is Expected to Grow from USD 6.43 Billion in 2023 to USD 10.98 Billion By 2033, at a CAGR of 5.50% during the Forecast Period 2023-2033.
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Browse key industry insights spread across 220 pages with 95 Market data tables and figures & charts from the report on the "Global Airless Packaging Market Size, Share, and COVID-19 Impact Analysis, By Packaging Type (Bags & Pouches, Bottles & Jars, and Others), By Application (Personal & Home Care, Cosmetics, Pharmaceuticals, Food & Beverages, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/airless-packaging-market
The global airless packaging market encompasses the production, distribution, and use of airless packaging solutions to protect items from air exposure, contamination, and oxidation. Airless packaging methods, such as bottles, jars, tubes, and dispensers, do not require external air intake, resulting in product integrity, longer shelf life, and less waste. These packaging materials are widely utilized in a variety of industries, including cosmetics, pharmaceuticals, food and beverage, and personal care, because of their ability to maintain the efficacy and freshness of sensitive formulations. Furthermore, the growing demand for premium and high-performance packaging, particularly in skincare and cosmetic products, is propelling market expansion. Technological improvements in airless dispensing systems, combined with the expansion of e-commerce and shifting customer lifestyles, are propelling market growth. Furthermore, leading manufacturers' increased attention to reducing packaging waste is driving market growth. However, one of the biggest impediments to the growth of the airless packaging market is the high initial investment necessary to adopt airless packaging technology.
The bottles & jars segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the packaging type, the airless packaging market is divided into bags & pouches, bottles & jars, and others. Among these, the bottles & jars segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This dominance stems from their versatility, visual appeal, and ability to maintain product integrity by preventing contamination and oxidation, making them ideal for high-end cosmetic and skincare products.
The personal & home care segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the airless packaging market is divided into personal & home care, cosmetics, pharmaceuticals, food & beverages, and others. Among these, the personal & home care segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This is due to an increasing demand for product protection, extended shelf life, and premium packaging solutions. Airless packaging protects against oxidation, contamination, and formulation degradation, making it ideal for skincare, cosmetics, and household cleaning products.
Europe is estimated to hold the largest share of the airless packaging market over the forecast period.
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Europe is estimated to hold the largest share of the airless packaging market over the forecast period. Europe is a driving force behind the growth of the airless packaging market, with a strong emphasis on premiumization, sustainability, and innovation. With environmental awareness and regulations aimed at reducing plastic waste, countries in Europe are adopting green packaging solutions, including airless packaging, in various industries.
Asia-Pacific is predicted to have the fastest CAGR growth in the Airless Packaging market over the forecast period. This is owing to the rapid expansion of the beauty and personal care sectors in countries such as China, Japan, South Korea, and India. A growing middle-class population, increased disposable income levels, a preference for premium products, and the strong influence of K-beauty and J-beauty trends have all boosted bottom-of-the-pyramid capabilities.
Major key players in the Airless Packaging market include SR Packaging, APackaging Group, Albéa Group, HCP Packaging, O.Berk, Eurovetrocap, The Packaging Company, Evergreen Resources, AptarGroup Inc., Cosme Packaging, LUMSON S.p.A, Silgan Holdings Inc., PrimePac, Quadpack, Hangzhou ABC Packaging Co. Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the airless packaging market based on the below-mentioned segments:
Global Airless Packaging Market, By Packaging Type
- Bags & Pouches
- Bottles & Jars
- Others
Global Airless Packaging Market, By Application
- Personal & Home Care
- Cosmetics
- Pharmaceuticals
- Food & Beverages
- Others
Global Airless Packaging Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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