The global airless packaging market is predicted to register a CAGR of 4.7% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 5.9 billion in 2023 to US$ 9.5 billion by 2033 end.
The airless packaging industry has high scope for expansion in the forecast period. This can be attributed to the ground-breaking innovations taking place in the market. Companies are now developing sustainable airless packaging that help reduce environmental impact and carbon footprint. For instance, APC PACKAGING has come up with a patented airless refillable system. The newest innovation incorporates a replaceable and disposable inner cartridge, thereby taking a significant move towards sustainability. This innovation is cost-effective and easy to use, which, in turn, is expected to boost its adoption among various brands.
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The rising adoption of airless packaging for better functionality and extra value to the consumer experience is expected to push market growth. Airless technology helps eliminate the risk of contamination, loss of fragrance, prevents evaporation, and financial waste as the product construction allows consumers to utilize 98%+ of the product. This technology is gaining prominence in the packaging of beauty products, from cosmetics to skincare. Even leading dermatologists are in favor of this technology. As a result, brands in huge numbers are turning towards airless technology for its user-friendly design methods.
Top Highlights from the FMI’s Analysis of the Airless Packaging Market:
- The United States airless packaging industry is projected to witness significant market share over the oncoming years. The market in the region is being driven by the thriving beauty and personal care industry. Along with this, surging population of working women is also showcasing purchasing pattern that reflects preference for premium quality cosmetics.
- The China market is projected to assume rapid pace over the forthcoming years. The market is being propelled by the inflating levels of GDP in the country. Growing inclination towards natural and organic products is also catalyzing demand for airless packaging.
- The plastic-made airless packaging, on the basis of materials, is expected to maintain its market dominance in the years to come. Leading share of plastic can be credited to its favorable attributes, such as easy to mold, affordable, and light weight.
- Based on packaging type, bottles and jars hold sizeable share of the market. The structure of these products helps easy integration of airless pumping mechanisms. Jars and bottles are highly preferred due to their low cost and significant aesthetic appeal.
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Stay Up-to-date with Recent Market Developments as Observed by FMI
- In June 2022, Seacliff Beauty launched mono-material airless packaging, which is metal-free, consisting of 100% polyethylene (PE) that allows easy collection, recycling, and disposal. The sugarcane PE is another option for packaging. This innovation comes in three variations.
- In December 2022, APC PACKAGING introduced in-stock airless AWP pump to meet the surging demand for custom version.
- In October 2022, LUMSON S.p.A and PUSTERLA collaborated to develop XPaper, an airless pouch technology. This system is made of cardboard and is 100% recyclable.
Airless Packaging Market Outlook by Category
By Packaging Type:
- Bottles
- Jars
- Tubes
By Material:
- Plastic
- Glass
By Dispensing Systems:
- Pumps
- Dropper
- Twist & Clicks
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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