The airless packaging market is estimated to be valued at USD 6.72 Bn in 2024 and is expected to reach USD 10.18 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 6.72 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
6.10% |
2031 Value Projection: |
US$ 10.18 Bn |
Figure. Airless Packaging Market Share (%), By Region 2024
Airless packaging or bag-in-box packaging is a novel liquid packaging system wherein the product remains protected from outside environmental factors such as oxygen, moisture, and microbes within an inner flexible bag contained in a rigid outer carton. This packaging type provides various advantages over traditional packaging systems such as enhanced barrier properties, compact size allowing efficient space utilization, improved shelf life of products, and ease of handling. Rising consumer preference for sustainable and durable packaging along with increasing demand from end-use industries like food & beverages, personal care & home care, and pharmaceuticals is expected to propel the demand for airless packaging in the coming years.
Market Dynamics:
The global airless packaging market is driven by factors, such as growing demand for compact and lightweight packaging from consumers, increasing awareness about hygienic and aseptic packaging, and rising adoption across various industries including cosmetics, food, and pharmaceuticals. However, high costs associated with advanced technology and manufacturing processes is a major challenge for market players. Moreover, regulations regarding the usage of plastic are also restraining the market growth. Key opportunity lies in the development of sustainable and eco-friendly airless packaging solutions using recyclable materials like aluminum and glass. Market players are focusing on new product launches catering to industry specific requirements which is further expanding the market reach.
Key Features of the Study:
- This report provides in-depth analysis of the global airless packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global airless packaging market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cosmopack Industries, Aptar Group Inc., Albea Beauty Holdings S.A., HCP Packaging, Quadpack Industries, Libo Cosmetics Company Ltd., Fusion Packaging, WestRock, ABC Packaging Ltd., Silgan Holdings Inc., Fusion PKG, Lumson S.p.A, Syscom Packaging Company, APG Packaging, O.Berk, Impacked Packaging, and TYH Container Enterprise Co., Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global airless packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global airless packaging market
Detailed Segmentation-
- By Packaging Type:
- Bottles & Jars
- Bags & Pouches
- Tubes
- Others
- By Material Type:
- By End-User
- Personal Care
- Skin Care
- Hair Care
- Baby Care
- Home Care
- Healthcare
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Cosmopack Industries
- Aptar Group Inc.
- Albea Beauty Holdings S.A.
- HCP Packaging
- Quadpack Industries
- Libo Cosmetics Company Ltd.
- Fusion Packaging
- WestRock
- ABC Packaging Ltd.
- Silgan Holdings Inc.
- Fusion PKG
- Lumson S.p.A
- Syscom Packaging Company
- APG Packaging
- O.Berk
- Impacked Packaging
- TYH Container Enterprise Co., Ltd