Airless Packaging Market Growth Analysis | 2023-2028

Market Insights

The airless packaging market was estimated at USD 4.8 billion in 2022 and is likely to grow at a CAGR of 6.10% during 2023-2028 to reach USD 6.84 billion in 2028.

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What is airless packaging?

Airless packaging dispenses contents without exposure to air. The contents are dispensed using a non-pressurized vacuum pump mechanism. It prevents oxidation, increases shelf life, decreases the need for preservatives, ensures accurate dose, and avoids cross-contamination. It is available in different forms such as jars, bottles, tubes, and syringes.

COVID-19 Impact

The airless packaging industry suffered a slow growth, following the outbreak of the pandemic. Most of the end-use industries faced supply chain disruption, cash flow constraints, and temporary shutdowns in production facilities. End-use industries' demand for airless packaging was reduced as a result of these factors.

Market Dynamics

The airless packaging market is driven by a host of factors, some of which are noted below:

• Increasing demand for premium cosmetic products such as natural skin care creams, foundations, and serums, an increase in the number of working women.
• The Introduction of new cosmetic products, and rising demand for anti-aging and anti-wrinkle products.
• Most beauty products are packaged in airless packaging because they are expensive and contain active ingredients that oxidize.

Opportunities

• Growing demand for cosmetic and personal care products: The global cosmetic and personal care market is expected to reach $700 billion by 2025, and airless packaging is a popular choice for these products due to its ability to preserve ingredients and extend shelf life.
• Increasing demand for food and beverage products: Airless packaging is also a growing trend in the food and beverage industry, as it can help to extend the shelf life of products and prevent contamination.
• Rising awareness of the benefits of airless packaging: Consumers are becoming more aware of the benefits of airless packaging, such as its ability to preserve product freshness and reduce waste. This is driving demand for airless packaging in a variety of industries.

Challenge

• High cost: Airless packaging is typically more expensive than traditional packaging. This can be a barrier to adoption for some businesses.
• Technical challenges: Airless packaging can be challenging to manufacture, and there are some technical challenges that need to be addressed in order to improve the performance of airless packaging.
• Lack of awareness: Some consumers are not aware of the benefits of airless packaging, which can slow the adoption of this technology.

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Key Players

Most of companies are deploying various strategies regarding product development & differentiation, pricing, brand, technology, and customized products to gain a competitive advantage.

The following are some of the key players in the market.

• ABC Packaging Ltd.
• Albea
• AptarGroup, Inc.
• Fusion Packaging
• HCP Packaging
• Libo Cosmetics Company, Ltd.
• Lumson SPA
• Quadpack Industries
• Raepak Lt
• Silgan Dispensing Systems

On 12 May 2023, Silgan Dispensing, a manufacturer of pumps and sprayers, expanded its production by moving its production of the Melodie fragrance pump to a new location in Wuxi, China. The Melodie pump, which offers customization choices including the company's invisible dip tube (NoC) and Melodie Forever spray, which offers sustained, fine atomization, is reportedly Silgan Dispensing's leading fragrance pump for the premium market.

Segment Analysis

By Material Type

The airless packaging market is bifurcated into glass, plastic, and metal. Plastic led the market in 2022 accounting for >50% of the global revenue share and is expected to retain its dominant position over the forecast period. Plastic resins such as PE, PET, ABS, PMMA, and SAN are widely used in the production of plastic-based airless bottles, jars, and tubes. Plastic is lightweight, easier to form, and less expensive than metal and glass. As a result, most end-user companies favor plastic-based packaging. Acrylic plastic, also known as PMMA, resembles glass in appearance. Furthermore, unlike glass, acrylic plastic is unbreakable; as a result, it is commonly used as a substitute for glass in the manufacture of airless packaging products. The increasing demand for lightweight, convenient, travel-friendly packaging from the cosmetics and pharmaceutical industries is one of the key factors driving plastic's dominance.

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By Packaging Type

The market is segmented into bottles & jars, bags & pouches, and tubes. The bottles & jars segment held a market share of more than 75% in 2022 and is expected to remain the most preferred packaging type during the forecast period. The construction of bottles and jars makes it simple to incorporate airless pumping systems. Furthermore, because of the ease with which products can be evacuated or applied from bottles and jars, they are a popular packaging form. Owing to their low cost and high aesthetic value, plastic and glass materials are commonly used in bottles and jars. Airless bottles and jars are preferred for the packaging of expensive or premium cosmetics and drugs because they have a higher aesthetic appeal than airless pouches and tubes.

By Application Type

The market is segmented as personal care & home care, pharmaceutical, pet care, and others. Among these application types, the personal care & homecare industry accounted for a market share of more than 70% in 2022 and is likely to remain the biggest demand generator for airless packaging during the forecast period. Airless packaging is used in the personal care business to package semisolid forms such as creams, lotions, ointments, gels, and pastes. The product protects the integrity of formulations and increases the shelf life of products by avoiding their oxidation. By completely isolating the formulation from external agents such as oxygen and UV light, airless packaging eliminates the need for preservatives. As a result, the rising demand for preservative-free cosmetics is expected to benefit market growth.

Regional Insights

Europe dominated the market with a share of more than 30% in 2022 and is expected to remain the largest market for airless packaging over the forecast period on account of the huge demand for premium cosmetics and the presence of cosmetics manufacturing companies.

To address the mounting concerns about sustainability and product protection from oxidation, European skincare firms are increasingly focused on sustainable airless packaging. Unicom International Ltd., LUMSON S.p.A, ABC Packaging Ltd., Quadpack Industries, and Raepak Ltd. among others are some of the key players in the market in the region.

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Critical Questions Answered in the Report

• What are the key trends in the market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The airless packaging market is segmented into the following categories.

By Material Type

• Glass
• Plastic
• Metal

By Packaging Type

• Bottles & Jars
• Bags & Pouches
• Tubes

By Application Type

• Personal Care & Homecare
• Pharmaceutical
• Pet Care
• Others

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Scandinavia, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: Australia, New Zealand, China, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Latin America, the Middle East, and Others)

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Recent Development

On 28 April 2023, Molton Brown released its first packaging made from 100% recycled aluminum. Being indefinitely recyclable and maintaining its premium polish and structural integrity, aluminum is a great material for luxury brands from the perspective of product safety. Kao's sustainability initiative, which seeks to create net zero waste for plastic packaging by 2040, includes the Infinite Bottle Empties line.

On 12 May 2022, With DEA, or "Developing the Evolution of Airless," Baralan, a consolidated leader in primary packaging for the cosmetics and beauty sectors, unveiled a new line of packaging made up of glass airless containers with a variety of uses. Because DEA lacks an interior plastic container, unlike previous airless systems, it is the first airless system in which the filled product comes into direct contact with its glass container.

On 16 December 2022, APC Packaging introduced a new sleek and modern customizable airless pump, the AWP. In order to ensure that companies stand out from the competition while still maintaining the formula, AWP’s new modern and sleek appearance is paired with airless technology. The AWP offers environmentally friendly packaging, and the new packaging has been designed to be lightweight to lower the brand's carbon impact.

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2023 to 2028.

The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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