According to a new report published by MarkWide Research, titled, “Airless Packaging Market,” the global market for airless packaging is expected to exceed $6.7 billion by 2030, displaying a robust CAGR of 6.2% during the forecast period from 2023 to 2030.
Airless packaging systems have gained prominence in the cosmetics, pharmaceuticals, and personal care industries, offering airtight and efficient dispensing solutions for various products. The market’s growth is driven by the demand for longer product shelf life, preservation of product integrity, and sustainability goals.
Key findings from the report:
- Cosmetic Industry: Airless packaging ensures the integrity of skincare and beauty products, extending their shelf life.
- Pharmaceutical Applications: Precise and airtight dispensing is crucial in pharmaceutical packaging to maintain the efficacy of medications.
- Sustainability: Eco-friendly materials and designs align with sustainability initiatives and consumer preferences.
- Product Protection: Airless packaging prevents product contamination and oxidation, enhancing consumer safety.
- Customization: The market offers customizable solutions to meet specific product and branding requirements.
- Market Competitors: Leading players in the airless packaging market include AptarGroup, Inc., LUMSON SPA, and HCP Packaging, who continually innovate to meet evolving industry demands.
The report predicts substantial growth in the global airless packaging market as industries prioritize product protection and sustainability. MarkWide Research’s comprehensive analysis provides insights into the market’s current landscape and future trends, empowering industry stakeholders to make informed decisions and capitalize on opportunities in the airless packaging market.
MarkWide Research is a leading market research and consulting firm, providing in-depth analysis and strategic insights across various industries. With a team of experienced analysts, MarkWide Research is committed to delivering actionable intelligence, assisting clients in making informed business decisions and achieving sustainable growth.