Global Airless Packaging Market | COVID-19 Impact Overview
The primary factors strengthening the global airless packaging market growth include growth in the cosmetic industry and no wastage of space as well as product material. The other important factors contributing to the market growth include an increase in awareness about high-quality premium products, an increase in shelf life of products, and minimal wastage of products.
The global airless packaging market has been segmented on the basis of dispenser type, end-use, material type, packaging type, and lastly, region. In the context of dispenser type, this market has been segmented into the dropper, pumps, and twist & click. In the next five years, pumps segment can the fastest-growing dispenser type. Based on end-users, the market has been segmented into healthcare, homecare, personal care, and others. During the forecast period, the personal care segment can be the fastest-growing segment due to the benefit like zero-wastage.
The regional segmentation of the global airless packaging market has segmented the market into regional markets known as Asia Pacific, North America, Europe, and the rest of the world (RoW). In terms of demand, Europe is expected to remain the largest regional market during the forecast period. Due to high demand and rapid technological advancement, the presence of many key market players, and preference for eco-friendly packaging, the packaging industry (including airless packaging) remains strong in this region.
North America is another important regional market that is growing primarily due to the same reasons as in Europe, but also due to high demand in the USA. After the USA, Canada is the most important country-specific market in this region
During the forecast period, the demand for airless packaging is expected to grow in the Asia Pacific region due to the growing urban population, changing lifestyle, and, growing production of consumer goods. The greatest country-specific markets in this region are China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
Key Players
The key players in the global airless packaging market include ABC Packaging Ltd. (UK), Albéa Beauty Holdings S.A. (France), AptarGroup Inc. (USA), Fusion Packaging (USA), HCP Packaging (UK), Libo Cosmetics Company
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