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Airless Packaging Market size reached USD 5.56 billion in 2023 and is anticipated to expand at over 5.1% CAGR from 2024 to 2032. The rising consumer focus on personal grooming and appearance has led to a surge in demand for premium skincare products. Airless packaging offers benefits such as extended product shelf life, better preservation of active ingredients, and controlled dispensing, making it highly suitable for high-end skincare products. Glass packaging market valuation cross USD 55 billion in 2022. Driven by a steadily increasing demand for glass packaging from the pharmaceutical sector, the market is forecasted to attain 4.5% growth from 2023 to 2032.
Consumers are becoming more conscious about the safety and hygiene aspects of the products they use. Airless packaging helps prevent contamination, oxidation, and degradation of sensitive formulations, ensuring product safety and efficacy. This heightened consumer awareness is escalating the use of airless packaging in various sectors.
Report Attribute | Details |
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Base Year: | 2023 |
Airless Packaging Market Size in 2023: | USD 5.56 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.1% |
2032 Value Projection: | USD 8.63 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 228 |
Tables, Charts & Figures: | 287 |
Segments covered: | Material Type, Packaging Type, Application, Dispensing systems and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Airless packaging systems typically involve complex design and engineering processes. Ensuring proper functionality, compatibility with different formulations, and meeting specific customer requirements can be challenging. Designing airless packaging that balances functionality, aesthetics, and cost-effectiveness requires expertise and resources.
The pandemic led to a surge in demand for personal care and hygiene products such as hand sanitizers, soaps, and disinfectants. As a result, the demand for airless packaging solutions used in these products also witnessed a significant increase. Airless packaging offers benefits such as extended shelf life and better product protection, which became crucial during the pandemic.
The trend of customization and personalization is gaining traction in the airless packaging business. Brands are looking for unique packaging designs, shapes, and functionalities that align with their product positioning and target audience. Customized airless packaging solutions allow brands to differentiate themselves in the market and create a more engaging and memorable consumer experience.
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Based on material type, the plastic segment accounted for USD 3.28 Billion in 2022. Plastic airless packaging offers excellent protection for sensitive products such as skincare, cosmetics, and pharmaceuticals. It prevents exposure to air, light, and contaminants, helping to maintain product integrity, extend shelf life, and preserve the efficacy of formulations. This enhanced product protection is a key driver for the increasing demand for plastic airless packaging.
Based on packaging type, the airless packaging market is segmented as Bottles & Jars, Bags & Pouches, Tubes. Among These the Bottles & Jars segment exceeded USD 4.10 Billion in 2022. Airless packaging in bottles and jars provides excellent protection to sensitive products, such as skincare, beauty, and personal care items. It creates an airtight environment that minimizes exposure to air, light, and contaminants, helping to preserve the product's quality, efficacy, and extend its shelf life. The ability to maintain product integrity is a significant growth driver for airless packaging in bottles and jars.
Based on application, the airless packaging market is segmented as personal care & homecare, pharmaceutical, pet care, others. The personal care & homecare held approximately 73.92% of the market share in 2022 and is likely to observe tremendous growth by 2032. Airless packaging provides excellent protection for sensitive formulations in personal care and homecare products. It prevents exposure to air, light, and contaminants, which helps maintain the product's integrity, extend its shelf life, and preserve its effectiveness. The ability of airless packaging to protect and preserve the quality of products is a significant growth driver in these industries. Pharmaceutical packaging market size was valued at over USD 102.6 billion in 2021 and is estimated to register over 6.2% CAGR during the forecast timeline.
Based on Dispensing systems, the airless packaging market is segmented as Pumps, Dropper, Twist & Clicks. The pumps segment captured around 56.01% of the market share in 2022 and is expected to grow at a lucrative pace by 2032. Airless packaging in pumps dispensing systems offers controlled and precise product dispensing. The mechanism ensures that the desired amount of product is dispensed with each pump, allowing for accurate dosing and reducing product wastage. Consumers appreciate the convenience and efficiency of airless packaging in pumps, leading to increased demand.
U.S airless packaging market surpassed USD 1.74 billion in 2022 and is predicted to witness significant growth in the forecast period. North America has a thriving market for premium skincare and cosmetics products. Airless packaging is highly suitable for these high-end products as it helps preserve the integrity of active ingredients, extends product shelf life, and offers controlled dispensing. The demand for airless packaging in the premium segment is propelled by the desire for luxury and effective packaging solutions.
Major companies operating in the airless packaging market are:
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
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