The Global Airless packaging industry is expected to witness a significant number of advancements over the forecast period, owing to constant developments in the packaging industry coupled with increasing consumer preferences for high-end features in product packaging. The market is also slated to exhibit many expansion activities by multinational market players and well-established companies.
Segmental Analysis
The global Global Airless packaging market has been segmented on the basis of the type of materials, packaging, dispenser, and the end-users.
The types of materials used in the global Global Airless packaging market are plastic, glass, and others. Among these, the plastic segment is touted to lead the market share over the review period. This can be accredited to the superior properties of plastic, such as relatively higher ease, elasticity, and flexibility for molding. Plastics also provide a longer, more durable storage life than the other packaging materials. Based on the packaging type, the Global Airless packaging market has been segmented into bottles & jars, tubes bags & pouches, and others. Bottles & Jars led the market in 2016 and is likely to grow as the fastest-growing packaging type segment for Global Airless packaging.
Regional Analysis
The global Global Airless packaging market is projected to witness phenomenal growth during the forecast period. This is due to the considerable increase in awareness about high-quality premium products, minimal wastage of products, and an increase in the shelf life of products. Europe is touted to remain the leading region in terms of demand. The packaging industry holds a steady ground in Europe, owing to augmented demand in general along with rapid rates of product innovation and development.
Competitive landscape
The major market players of global Global Airless packaging market are Albéa Beauty Holdings S.A. (France), AptarGroup, Inc. (U.S.), HCP Packaging (U.K.), LUMSON SPA (Italy), Libo Cosmetics Company, Ltd. (Taiwan), Quadpack Industries (Spain), Fusion Packaging (U.S.), ABC Packaging Ltd. (U.K.), WestRock (U.S.), and Mondi (South Africa).
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