Airless Packaging Market size is anticipated to surpass USD 10 Billion by the end of 2033, growing at a CAGR of 5% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of airless packaging was over USD 5 Billion.The growth of the market can primarily be ascribed to the higher demand for airless packaging in medicine development and distribution, rising demand for cosmetic products, and increasing awareness of skin care. For instance, it is estimated that in 2021, around USD 1.5 trillion was spent on medicines.
Global airless packaging market trends such as the significant utilization of airless packaging in the hair & care industry and growing demand in the pharmaceuticals are projected to influence the growth of the market positively over the forecast period. It is projected that in 2020, the skin care segment grew by 25% of the beauty & personal care. Moreover, the booming demand for airless packaging in the food & beverage industry is further anticipated to hike the growth of the market over the forecast period. For instance, the global food segment was estimated to generate total revenue of approximately USD 275 billion in 2022. Airless packaging evacuates the product by 95% and avoids wastage by exhibiting a high restitution rate. Therefore, all these factors are estimated to hike the growth of the market over the forecast period.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
~5% |
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Base Year Market Size (2022) |
~ USD 5 Billion |
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Forecast Year Market Size (2033) |
~ USD 10 Billion |
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Regional Scope |
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Packaging (Bottles, Tubes, Jars, Bags & Pouches)
The global airless packaging market is segmented and analyzed for demand and supply by packaging into bottles, tubes, jars, bags & pouches, and others, out of which, the bottles segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted for the rising demand for airless bottles to carry home, gym, picnic, and the possibility of getting several diseases due to using plastic bottles, the increasing preference for airless bottles and jars, and the growing trend for smaller packaging sizes. For instance, in 2020, the total production of airtight bottles across the globe was estimated to be around 700 million units.
Our in-depth analysis of the global market includes the following segments:
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By Packaging |
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By Material |
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By Dispensing System |
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By Application |
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The North America region airless packaging market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed to the growing demand in the hair & skincare industry, and the increasing growth of the beauty and personal care industry. As of 2020, the beauty and personal care segment in the USA was valued at approximately USD 300 billion. Moreover, higher penetration of major key players in the market is further projected to hike the growth of the market over the forecast period.
Albéa Services S.A.S. to receive the German Packaging Award 2022 twice for its EcoFusion Top. It is an innovative solution of Albéa for packaging that is responsible along with incomparable design, recyclable, and very convenient for online distribution.
Silgan Dispensing Systems to make an announcement about the development of ReVive 2cc and 4cc dispensers. The recyclability of these two products has been approved by the Association of Plastics Recyclers (APR). furthermore, ReVive 2cc and 4cc are both based on the LifeCycle technology.
Author Credits: Sadaf Naaz, Mohd Shadab
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