Airless Packaging Market Size, Share & Trends Report

Airless Packaging Market Size, Share & Trends Analysis Report By Application (Personal & Home Care), By Product (Bags & Pouches, Bottles & Jars), By Material (Glass, Plastic, Aluminum), By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: Aug, 2020
  • Base Year for Estimate: 2019
  • Report ID: GVR-4-68038-924-1
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 89

Report Overview

The global airless packaging market size was valued at USD 5.0 billion in 2019 and is expected to grow a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027. The growing demand for premium cosmetic products globally is expected to drive market growth over the forecast period. The global demand for premium cosmetics products, such as natural skin care creams, foundations, and serums, among others, has been substantially growing during the past few years. Rising demand for natural skin care products, an increasing number of working women, and the introduction of cosmetic products across the world are several other key factors contributing to the demand for premium cosmetic products. The market in the U.K. is expected to exhibit significant growth on account of the rising demand for anti-aging and anti-wrinkle products. Most of these products are expensive and premium, containing active ingredients that are prone to oxidation and thus, are majorly packed in airless packaging. The growing demand for anti-aging creams is expected to fuel the market growth in the U.K.

The U.K. airless packaging market size

Several factors, such as high cost of airless bottles or jars, and their sustainability issues are limiting their widespread penetration within the application industries. As of April 2020, an airless plastic bottle of 50 ml capacity costs around USD 1.50 to 2, whereas a non-airless bottle with a capacity of 50 ml costs approximately USD 0.20 to 0.40 (prices vary as per the volume of procurement).

Furthermore, continuous fluctuations in crude oil prices lead to uncertainty concerning the availability of raw materials at lower or economical prices. Key raw materials required for producing airless packaging bottles, jars, and pouches include PP, PET, and acrylic, which are derived from crude oil.

The sudden volatility in raw material prices has led to an increase in the production cost as well as the widening of the demand-supply gap of various polymers and resins over the past few years. Volatility in crude oil prices is mainly observed due to the global demand and supply gap of crude oil, fluctuations in currencies, and OPEC (Organization of the Petroleum Exporting Countries) actions.

Declining demand for luxurious products due to changing income pattern is expected to negatively impact the market. Furthermore, many personal care manufacturers are opting for low-cost packaging over airless packaging, which, in turn, is likely to have a negative impact on the market.

Material Insights

Plastic led the market in 2019 accounting for 63.3% of the global revenue share and is expected to retain its dominant position over the forecast period. Various types of plastic resins, including PE, PET, ABS, PMMA, and SAN, are widely utilized for manufacturing plastic-based airless bottles, jars, and tubes.

Plastic is light in weight, easy to mold, and considerably cheaper than metal and glass. Therefore, end-user companies majorly prefer plastic-based packaging. Acrylic plastic, also known as PMMA, has an appearance similar to the glass. Besides, it is unbreakable unlike glass; thus, acrylic plastic is widely utilized as an alternative to the glass for manufacturing airless packaging products.

Plastics, such as PP, have inertness toward acids, alkalis, and most solvents. As a result, the formulation packed inside the PP airless container remains unadulterated. Increasing demand for convenience, lightweight, travel-friendly packaging from cosmetics as well as pharmaceutical industries is expected to augment the growth of the plastic material segment in the coming years.

The glass segment is estimated to account for the second-largest market share. Increasing demand for sustainable packaging products by end-use industries, owing to the rising sustainability awareness among consumers is expected to drive the growth of this segment as glass is 100% recyclable.

Product Insights

Bottles & jars accounted for over 81% of the global share in 2019 and are expected to retain its leading position until 2027. The structure of bottles & jars allows easy incorporation of airless pumping mechanisms in them; besides ease of product evacuation or application from bottles & jars also makes them a favored packaging type.

Plastic and glass materials are primarily utilized to make bottles & jars owing to their low -cost and high aesthetic appeal. The bottle & jars offer convenience in use as they come in multiple volume capacities, which can be carried while traveling or for on-the-go application of packed cosmetic or pharmaceutical formulations.

Airless bottles & jars are preferred over airless pouches and tubes for the packaging of expensive or premium cosmetics and drugs as the former packaging format offers higher aesthetic appeal. Furthermore, airless tubes are majorly utilized for the packaging of smaller volumes of cosmetic or pharmaceutical formulations.

An increasing trend of smaller packaging sizes, especially in the beauty & personal care industries, owing to their ease of carrying while traveling, is expected to bolster the demand for tubes packaging type over the forecast period.

Application Insights

The personal care & home care segment led the market and accounted for 79.3% of the global revenue share in 2019. In the personal care industry, airless bottles & jars, pouches, and tubes are utilized for packaging semisolid forms, such as lotions, creams, ointments, gels, and pastes. The product maintains the integrity of formulations and extends the shelf life of products by avoiding their oxidation.

The product eliminates the need for preservatives as it provides complete isolation to the formulation from external influences, such as oxygen and UV light. This factor is expected to increase the popularity of the product within the personal care & cosmetic industry. In addition, the growing demand for preservative-free cosmetic products is expected to benefit the market growth.

Global airless packaging market share

Most of the topical skin medications or dermal drugs are available in semisolid formulations and extremely sensitive to environmental influences, owing to which, their performances often degrade when exposed to oxygen and sunlight. Therefore, manufacturers of such drugs are opting for airless packaging to maintain product integrity and to prevent oxidation.

Furthermore, sensitive pet care formulations, such as oils, used for the wellbeing of pet animals, including cats and dogs, are being packed in airless packaging. The packaging protects the formulation from oxidation and also offers precise, uniform, and targeted dispensation.

Regional Insights

Europe led the market and accounted for over 34.2% share of global revenue in 2019, owing to the high demand for premium cosmetics coupled with a strong presence of cosmetics manufacturing companies. The skincare brands in Europe are increasingly focusing on sustainable airless packaging to address the rising concerns pertaining to sustainability and product protection from oxidation. In February 2020, Ren Clean Skincare, a Unilever-owned skincare brand, introduced its skincare product in an airless bottle made of recycled plastic.

North America is projected to register a significant growth owing to the rapidly expanding beauty & personal care industry in Mexico and the increasing number of working women in the country.

Asia Pacific is expected to be the fastest-growing regional market from 2020 to 2027 due to the high demand for premium cosmetic products and rising middle-class populations in countries, such as China, India, Indonesia, and Vietnam. Moreover, the growing penetration of organized retail sector is opening new avenues for premium cosmetic manufacturers, which is expected to favorably impact the market growth over the coming years.

Key Companies & Market Share Insights

The industry is moderately fragmented owing to the presence of major players. Most of the companies adopt various strategies regarding product development & differentiation, pricing, brand, technology, and customized products to gain a competitive advantage. In addition, increasing demand for airless packaging solutions is anticipated to encourage market players to invest significantly in product development, which is likely to intensify the market competition. Some of the prominent players in the airless packaging market include:

  • AptarGroup, Inc.

  • Silgan Holdings Inc.

  • Quadpack

  • ALBEA S.A.

  • HCP Packaging

Airless Packaging Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 5.3 billion

Revenue forecast in 2027

USD 8.1 billion

Growth Rate

CAGR of 6.0% from 2020 to 2027

Base year for estimation

2019

Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Material, product, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

The U.S.; Canada; Mexico; Germany; The U.K.; France; China; India; Japan; Thailand; Brazil

Key companies profiled

AptarGroup, Inc.; Silgan Holdings Inc.; Quadpack; ALBEA S.A.; HCP Packaging

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. Grand View Research has segmented the global airless packaging market report on the basis of material, product, application, and region:

  • Material Outlook (Revenue, USD Million, 2016 - 2027)

    • Glass

    • Plastic

    • Metal

  • Product Outlook (Revenue, USD Million, 2016 - 2027)

    • Bottles & Jars

    • Bags & Pouches

    • Tubes

  • Application Outlook (Revenue, USD Million, 2016 - 2027)

    • Personal Care & Homecare

    • Pharmaceutical

    • Pet care

    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • The U.K.

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • Thailand

    • Central & South America

      • Brazil

    • Middle East & Africa

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