The global airless packaging market has been witnessing expedited demand from the end-use industries in recent years. Increasing demand for organic beauty products and a growing preference for convenient packaging are primarily driving the market. However, high packaging costs of airless packaging and growing acceptance of its alternative, modified atmosphere packaging (MAP) are anticipated to hamper the airless packaging market growth in the coming years.
Airless packaging is a non-pressurized dispensing system which combines, mechanically activated pump and container to deliver a product without any air intake inside the packaging. It avoids contact of packed products with oxygen, sunlight, and microbes, thus, increases its shelf life approximately by 15%. Airless packaging also avoids the wastage of the product as a consumer can use the packed product up to the last drop. Precision pumps employed in the airless packaging allows smooth and effective dispensation of the product, thereby consumer uses packed product completely.
In addition, airless packaging permits end-use manufacturers to reduce the use of preservatives into their products, which keeps product organic. Globally, the demand for organic skincare and beauty products has been substantially increased from the past several years, majorly due to the rising introduction of innovative organic beauty products backed by growing disposable income. Therefore, the growing organic cosmetic industry is anticipated to impact positively on the airless packaging market.
The global airless packaging market is segmented on the basis of material, packaging type dispenser type, end-use, and region. The material segment is further sub-segmented into plastic, glass, and others. Among these, the plastic material segment accounted for the largest share in 2018 and expected to dominate the material segment throughout the forecast period.
High elasticity, low cost, longer storage life are the key factors attributed to the segment's highest share in 2018. Furthermore, ease of moldability makes plastic a preferred material for the manufacturing of airless packaging. However, rising stringent regulation, especially in Europe on the use of plastic packaging, is expected to hamper segment growth during the study period.
On the basis of packaging type, the market is further divided into bags & pouches, bottles & jars, tubes, and others. Bottles & Jars held the largest share in the packaging type segment in 2018 and also expected to grow at the highest CAGR during the forecast period. Bottles and jars offer high aesthetic appeal and provide robust product protection owing to this, end-use industries. Majorly prefers bottles & jars packaging type.
Based on the dispenser type, the market is bifurcated into pumps, dropper, and twist & click. Pumps dispenser type segment accounted for the largest share in the market in 2018 and is also expected to grow at the highest CAGR from 2019 to 2025. Pumps can be incorporated into any packaging type; further, they offer convenience and increase the aesthetic appeal of the packaging, on account of these factors, end-use industries majorly prefer pump as their product dispenser.
On the basis of end-use, the airless packaging market is divided into personal care, healthcare, home care, and food & beverages. Personal care holds the largest share and is also expected to be growing at the highest CAGR over the forecast period. Wide-scale adoption of airless packaging by the personal care industry for the packaging of cosmetic products attributed to its largest share in 2018.
Furthermore, the global personal care industry has been witnessing a substantial upsurge in demand in recent years owing to increasing consumers' focus on personal hygiene. Besides, rising penetration of global beauty brands in developing countries is further cementing the global personal care industry, which in turn, expected to benefit the airless packaging manufacturers in the coming years.
On a regional basis, Europe held the largest share in the market in 2018. The region has the presence of sturdy personal care industry. In addition, consumers increasingly prefer organic beauty products in the region due to their health benefits. This trend is further expected to augment growth for the market in Europe.
Asia Pacific airless packaging market expected to grow at the fastest CAGR over the forecast period. Factor such as rising disposable income and increasing penetration of organized retail networks and global cosmetic brands across the region are attributing the growth to the market. Expanding the middle class and growing consumer focus on personal grooming has also been fueling the market growth in the region.
The key players operating in the global airless packaging market are ABC Packaging Ltd., Albéa, AptarGroup, Inc., Fusion Packaging, Libo Cosmetics Company, Ltd., and others. The market is highly fragmented with the presence of a large number of companies across the globe. In order to differentiate from each other, key players operating in the market are primarily focusing on the development of innovative airless packaging products.
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