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Overview
The global Airless Bottle Packaging market is predicted to grow at a 5.5% CAGR over the forecast period (2017-2023), states the new Market Research Future (MRFR) report. Airless Bottle Packaging, simply put, is a type of packaging which prevents normal atmospheric air against coming in contact with the product inside, thereby increasing its shelf life. Airless Bottle Packaging has become the new future of medical, beauty, and cosmetic industry. It is available in different forms, including tubes, pouches, bags, jars, bottle, and more. Airless Bottle Packaging is convenient to use and dispose of, and above all, generate less waste.
Various factors are propelling the Airless Bottle Packaging market growth. These factors, as specified by the Market Research Future (MRFR) report, include growing demand for organic and natural products, increase in sales of homecare products, and growth in the applicability of Airless Bottle Packaging in the food and beverage, home care and personal care industry. Additional factors pushing market growth include zero wastage benefit, growing awareness about environmentally-friendly products, and government legislation and regulations to reduce pollutants. Moreover, the growing demand for Airless Bottle Packaging from the food and beverage industry to maintain product taste, crispness, and freshness is also predicted to boost the market growth.
On the contrary, intense competition limit, low product differentiation, and high manufacturing costs are factors that may deter the Airless Bottle Packaging market growth over the forecast period.
Market Segmentation
The Market Research Future report provides a wide segmental analysis of the Airless Bottle Packaging market based on end use, dispenser type, packaging type, and material type.
Based on material type, the Airless Bottle Packaging market is segmented into glass, plastic, and others. Of these, the plastic segment will have the largest share in the market over the forecast period. This is owing to the ease, elasticity, and the high flexibility with which plastic can be molded. Moreover, plastic offers a stronger storage life.
Based on packaging type, the Airless Bottle Packaging market is segmented into tubes, bags and pouches, bottles and jars, and others. Of these, the bottles and jars segment will dominate the market over the forecast period. Bottles and jars are an ideal type of packaging for various end use applications, including homecare, healthcare, and personal care products.
Based on dispenser type, the Airless Bottle Packaging market is segmented into twist and click, dropper, and pumps. Of these, the pumps segment will lead the market over the forecast period.
Based on end use, the Airless Bottle Packaging market is segmented into home care, healthcare, personal care, and others. Of these, the personal care segment will have the maximum share in the market over the forecast period.
Regional Analysis
Based on the region, the Airless Bottle Packaging market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Of these, Europe will command the market over the forecast period. The packaging industry in this region holds a stronghold. Growing demand for Airless Bottle Packaging and speedy innovation and development of products are boosting market growth here. Moreover, this region is being pushed towards offering green Airless Bottle Packaging solutions.
The Airless Bottle Packaging market in North America will have a notable growth over the forecast period owing to the massive demand for Airless Bottle Packaging in the US.
The Airless Bottle Packaging market in the APAC region will have a phenomenal growth over the forecast period. A high and increasing urban population here is predicted to ramp up the demand of Airless Bottle Packaging in the consumer goods industry for different forms of packaging, thus offering ample opportunities to the market players.
Key Players
Leading players profiled in the Airless Bottle Packaging market report include Mondi (South Africa), ABC Packaging Ltd. (UK), WestRock (US), Fusion Packaging (US), Libo Cosmetics Company, Ltd. (Taiwan), Quadpack Industries (Spain), HCP Packaging (UK), LUMSON SPA (Italy), Albéa Beauty Holdings SA (France), and AptarGroup, Inc. (US).
July 2019: Premi has announced about its latest innovation, Airglass. This new glass line will introduce cutting-edge packaging using airless technology.
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