Market Overview
In the recent publication of Market Research Future (MRFR), on the Airless Packaging Global Market industry, our proficient analysts reasons out the potential changes in the market for the forecast period. As per MRFR study, the global market for airless packaging can expand at 4.53% CAGR by 2027. The airless packaging market worth is estimated at USD 5,658.3 Mn by 2027. The airless packaging market 2020 can experience a sharp rise as their implications in the pharmaceutical sector is surging.
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Airless packaging, the liquid dispensing packaging technology to prevent normal atmospheric air interaction with the formulation inside is gaining high popularity across pharmaceuticals, food & beverages, and personal care & home care. Considering unpredictable changes in climate and presence of other air contaminants, are causes for the high promptness for using airless packaging for most materials to avoid product contamination. The growth of the airless packaging market can be driven by increase in the demand for premium range products and the need to reduce wastage of products. Airless packaging can extend the shelf lives, registering a high evacuation rate with accurate dosing. Thus, can spur the growth of the market. Minimal wastage is an important parameter for the choice of packaging in the packaging sector. Airless packaging ensures low wastage of the original content. Thus, impel the market growth.
Key Competitors
MRFR registered some well-established airless packaging vendors. They are; HCP Packaging (Shanghai), Fusion PKG (Texas), APC Packaging (Florida), Lumson S.p.An (Italy), Silgan Holdings Inc (US), Aptar Group, INC.(US), Albea S.A.(France), and Quadpack (Spain).
Segmentation:
The global airless packaging market is segmented on the basis of material, packaging type, dispenser type, end use, and region.
By material, the global airless packaging market is segmented into plastic, glass, and others.
By packaging type, the global airless packaging market is segmented into bottles and jars, bags and pouches, and tubes.
By dispenser type, the global airless packaging market is segmented into pumps, dropper, and twist and click.
By end use, the global airless packaging market is segmented into personal care and home care, pharmaceutical, and food and beverages.
Regional Analysis
The pharmaceutical sector, followed by the packaging sector in Europe, are reputed to contribute significantly to the GDP of the region. The implication of automation trends in the packaging sector has considerably benefitted the production of airless packaging. Extensive attention is given to the manufacturing of airless packages to prevent contamination. In addition, the high number of medicine dealers present in the region can boost the expansion of EU airless packaging market in the study period. In North America, the airless packaging market can register a substantial CAGR by 2025. The growing need to substitute plastic packaging can improve the regional market growth. Germany can dominate EU airless packaging market due to increase the demand for airless packaging. In Asia Pacific, the airless packaging market can rise owing to the intensifying stringency of food safety policies.
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