Airless packaging Market to Soar in the Near Future Owing to Growing Consumer Adoption

The substantial growth in cosmetics and skincare sector fosters the demand for airless packaging systems. Airless packaging systems are non-pressurized dispensing systems that exhibit high restitution rate and avoid wastage by evacuating almost 95% of the product.

The global airless packaging market is projected to reach around US$ 7.4 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.6% during the forecast period (2019-2027).

To meet the growing customer demand for eco-friendly products, manufacturers are turning to recyclable packaging materials. Consumers nowadays read product labels before purchasing their must-haves. Weleda, for example, introduced their antioxidant & skin softening body lotion in a recyclable airless bottle. Such advancements are projected to significantly accelerate the growth of the airless packaging market.

The need for airless packaging solutions has increased as a result of growing global demand for natural and organic products, higher sales of homecare products due to modernisation, and expanded applicability in the personal care and food and beverage industries. Furthermore, government policies and laws aimed at lowering pollution, as well as greater consumer awareness of eco-friendly products, are likely to drive market expansion. However, high production cost airless packaging products pose a threat to the market growth.

The airless packaging market is being driven by an increase in the demand for environmentally friendly products, a high rate of product use and degradation, and considerable growth in skincare and haircare products in emerging nations. Furthermore, an increase in packaged food and beverage consumption in industrialised countries' vast cities offers tremendous growth potential for the worldwide market. Furthermore, the constant inflow of new, innovative design options in the airless packaging industry provides profitable potential for market growth. High production costs, low product diversification, and severe rivalry, on the other hand, hinder market expansion.