Airless packaging refers to a container designed to protect its contents from air exposure, thereby preserving the product’s integrity and extending its shelf life. This type of packaging typically uses a vacuum mechanism to dispense the product without letting air back in.
Sizing and Forecast
The airless packaging market size has grown strongly in recent years. It will grow from $5.41 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to product preservation, consumer demand for natural products, technological advancements, regulatory standards, and environmental concerns.
The airless packaging market size is expected to see strong growth in the next few years. It will grow to $7.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rising consumer demand for preservative-free products, growth in the cosmetics and personal care industries, increased focus on product shelf life, advancements in packaging technology and sustainability, and environmental concerns. Major trends in the forecast period include sustainability and eco-friendly materials, premiumization and luxury appeal, personalization and customization, smart packaging integration and miniaturization, and travel-friendly sizes.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/airless-packaging-global-market-report
Segmentation & Regional Insights
The airless packaging market covered in this report is segmented –
1) By Packaging Type: Rigid Plastics, Bottles, Jars, Tubes, Bags, Flexible Plastics
2) By Category: Premium, Mass
3) By Dispensing Systems: Pumps, Dropper, Twist And Clicks
4) By Distribution Channel: Supermarkets, Hypermarkets, Specialist Retailers, Convenience Stores, E-Commerce
5) By End-User: Personal Care And Home Care, Healthcare, Food And Beverages, Other End-Users
North America was the largest region in the airless packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airless packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16582&type=smp
Major Driver Impacting Market Growth
Rising demand in the food and beverage industry is expected to propel the growth of the airless packaging market going forward. The food and beverage industry encompasses the production, processing, distribution, and sale of edible goods and non-alcoholic drinks. The expansion of the food and beverage industry is driven by factors such as changing consumer preferences, population growth, globalization, and technological advancements. Airless packaging in the food and beverage industry extends product shelf life by preventing oxidation and contamination, ensuring fresher and safer consumption. This technology also enhances the preservation of flavor, nutrients, and the quality of perishable items. For instance, in May 2021, according to the Australian Bureau of Statistics, an Australia-based government statistical agency, sales of food and non-alcoholic beverages in Australia’s supermarkets, grocery stores, convenience stores, and specialty food stores amounted to 15.1 million metric tons in the fiscal year 2021–22, showing a surge compared to the 14.8 million metric tons sold in the preceding fiscal year of 2020–21. Therefore, the rising demand in the food and beverage industry is driving the growth of the airless packaging market.
Key Industry Players
Major companies operating in the airless packaging market are WestRock Company, Berry Global Company, Albea Group, AptarGroup Inc., RPC Group Plc, Silgan Dispensing Systems, HCP Packaging, TricorBraun, Raepak Ltd, Quadpack Group, Libo Cosmetics Co. Ltd., Lindal Group, FusionPKG, AFA Dispensing Group, JSN Cosmetic Packaging, Yonwoo Co Ltd., Frosted Glass Bottles, ABC Packaging Ltd., LUMSON S.p.A., Neville and More, Cospack America Corporation, Guangzhou Zhongkai Packaging Technology Co Ltd.
The airless packaging market report table of contents includes:
1. Executive Summary
- Airless Packaging Market Characteristics
- Airless Packaging Market Trends And Strategies
- Airless Packaging Market – Macro Economic Scenario
- Global Airless Packaging Market Size and Growth
.
32. Global Airless Packaging Market Competitive Benchmarking - Global Airless Packaging Market Competitive Dashboard
- Key Mergers And Acquisitions In The Airless Packaging Market
- Airless Packaging Market Future Outlook and Potential Analysis
- Appendix
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
