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According to the latest report by IMARC Group, titled “Airless Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global airless packaging market reached a value of US$ 5.4 Billion in 2021. Airless packaging is a type of packaging and dispensing system. It utilizes the environmental pressure difference to create a vacuum and eliminate the contact between air and the product, thereby preventing contamination. As compared to traditional aerosol packaging, airless packaging does not require a propellant as it is built with a natural pressure equilibrium. Other than this, it is light in weight, versatile, and chemical-free and enables minimal oxidization. On account of these properties, airless packaging is commonly utilized to store vegetables, fruits, nutraceuticals, cosmetics, pharmaceuticals and personal care products.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Airless Packaging Market Trends:
A significant expansion in the skincare industry and the increasing preference toward premium-quality cosmetic products are majorly driving the global airless packaging market growth. Premium cosmetics contain active ingredients that are prone to oxidization, due to which manufacturers are widely adopting airless packaging to store these products. In line with this, the extensive utilization of airless plastic packaging for storing food and beverages is further contributing to the growth of the market. Moreover, various product innovations, such as sustainable airless packaging solutions in aesthetically appealing bottles, tubes, and jars, are creating a positive outlook for the market. Looking forward, the market is expected to grow at a CAGR of 5.5% during 2022-2027.
Market Summary:
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