12.22.16
The global airless packaging market is likely to progress at a CAGR of 5.5% from 2016 to 2024 - and grow to reach $6.34 billion. The cosmetics industry will play a key role in the proliferation of demand, analysts at Transparency Market Research say.
Aptar Group, Inc., Westrock, LUMSON SPA, and HCP Packaging have been the key players in the global airless packaging market till 2015. A lot of the prominent players at the time are expected to continue being key proponents in this market for the foreseeable future.
Photo above: Ailrless bottles by Cospack America, featured in the story, New Options in Airless Packaging
According to the research report released by Transparency Market Research, Europe will be the place to watch out for in terms of the competitive landscape of the global airless packaging market.
A large proportion of the key players in this market are based in Europe or hold large manufacturing capabilities in the region. Additionally, a greater number of manufacturers are expected to adopt plastics over other material types in the global airless packaging market, owing to the superiority of plastics in terms of physical and mechanical properties.
Massive Scope for Incorporation of Airless Packaging into Cosmetics Industry
The global airless packaging market thrives off its superiority in terms of packaging quality over conventional methods. Airless packaging can provide a great way for distributors to save space as well as overall packaging material used, thus helping them cut costs down to a large extent over time.
Additionally, the use of airless packages for products, such as airless pumps, allows a user to use up at least 95% of the contents in a bottle, which is much higher than conventional pumps. As stated by a TMR analyst, "The zero-wastage advantage presented by airless packaging alone is expected to revolutionize several industry verticals, especially the cosmetics industry. Several of the leading producers of cosmetics and personal care products, such as L'Oreal, Olay, Nivea, and Oriflame, are indulging in airless packaging and are gaining a highly positive feedback from users in terms of usable volume available in a given package."
Download a sample of the report here.
Aptar Group, Inc., Westrock, LUMSON SPA, and HCP Packaging have been the key players in the global airless packaging market till 2015. A lot of the prominent players at the time are expected to continue being key proponents in this market for the foreseeable future.
Photo above: Ailrless bottles by Cospack America, featured in the story, New Options in Airless Packaging
According to the research report released by Transparency Market Research, Europe will be the place to watch out for in terms of the competitive landscape of the global airless packaging market.
A large proportion of the key players in this market are based in Europe or hold large manufacturing capabilities in the region. Additionally, a greater number of manufacturers are expected to adopt plastics over other material types in the global airless packaging market, owing to the superiority of plastics in terms of physical and mechanical properties.
Massive Scope for Incorporation of Airless Packaging into Cosmetics Industry
The global airless packaging market thrives off its superiority in terms of packaging quality over conventional methods. Airless packaging can provide a great way for distributors to save space as well as overall packaging material used, thus helping them cut costs down to a large extent over time.
Additionally, the use of airless packages for products, such as airless pumps, allows a user to use up at least 95% of the contents in a bottle, which is much higher than conventional pumps. As stated by a TMR analyst, "The zero-wastage advantage presented by airless packaging alone is expected to revolutionize several industry verticals, especially the cosmetics industry. Several of the leading producers of cosmetics and personal care products, such as L'Oreal, Olay, Nivea, and Oriflame, are indulging in airless packaging and are gaining a highly positive feedback from users in terms of usable volume available in a given package."
Download a sample of the report here.
