North America Airless Packaging Market, By Packaging Type (Rigid Plastics and Flexible Plastics), Material Type (Plastic, Glass and Others), Category (Premium and Mass), Distribution Channel (Supermarkets, Hypermarkets, Specialist Retailers, Convenience Stores and E-Commerce), End-User (Personal Care and Home Care, Healthcare, Food & Beverages and Others), Country (US, Canada and Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Airless Packaging Market
The airless packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 3.8% in the forecast period of 2021 to 2028 and is expected to reach USD 1475.90 million by 2028. Increasing demand in healthcare and personal care industry and rise in demand of airless packaging of food are the factors driving the airless packaging market growth.
Airless packaging is a packaging solution which is designed in such a way that the product is safe from normal air by maintaining the quality and shelf life of the product. The airless packaging is designed to keep the product dry for longer duration of time. The applications in which airless packaging is used are food and beverages, personal and home care, health and among others. The most common type of material used in airless packaging is plastic and glass respectively.
Airless packaging is one of the most acceptable packaging approaches for various industries, due to this it act as a driver for the airless packaging market growth. Strengthening the government regulations regarding the airless packaging materials used for packing premium cosmetic products will restrict the airless packaging market. Airless packaging protects the cosmetics products from contamination and that is why airless bottles, jars and tubes have become the most satisfactory packaging approaches for products related to healthcare and skincare. All the features act as an opportunity for the growth of the airless packaging market. The less availability and the whole process of manufacturing of airless packaging products is time consumable that resulted in increasing of cost of raw material as well as the final product, it becomes quite challenging for the airless packaging market.
This airless packaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the airless packaging market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Airless Packaging Market Scope and Market Size
The airless packaging market is segmented on the basis of packaging type, material type, category, distribution channel and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of packaging type, the airless packaging market is segmented into rigid plastics and flexible plastics. In 2021, rigid plastics segment is dominating due to increase in demand of personal care and home care products.
- On the basis of material type, the airless packaging market is segmented into plastic, glass and others. In 2021, plastic segment is dominating due to increase in demand of plastics in packaging solution in industry such as chemicals, food and personal care products.
- On the basis of category, the airless packaging market is segmented into premium and mass. In 2021, mass segment is dominating due to rise in demand of food and beverage products in the region.
- On the basis of distribution channel, the airless packaging market is segmented into supermarkets, hypermarkets, specialist retailers, convenience stores and e-commerce. In 2021, supermarkets segment is dominating due to rise in demand of variety of packed food with high nutrients value.
- On the basis of end-user, the airless packaging market is segmented into personal care and home care, healthcare, food & beverages and others. In 2021, personal care and home care segment is dominating with rise in number of individuals suffering from disease with change in lifestyle of the individuals in the region.
North America Airless Packaging Market Country Level Analysis
North America airless packaging market is analysed and market size information is provided by the country, packaging type, material type, category, distribution channel and end-user as referenced above.
The countries covered in North America airless packaging market report are the U.S., Canada and Mexico.
North America airless packaging market is dominating the market with increase in usage of packaging solution in cosmetic, personal care, home care and healthcare segment to fulfil the growing demand of consumers to no or limited deviation in the quality of the products. The U.S. is dominating in the North America airless packaging market due to growing demand of the airless packaging is due to increase in awareness about environment friendly packaging solutions in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increase in Demand of Prestige Products in North America Airless Packaging Market
The airless packaging market also provides you with detailed market analysis for every country growth in installed base of different kind of products for airless packaging market, impact of technology using life line curves and changes in requirement of cosmetic products, regulatory scenarios and their impact on the airless packaging market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Airless Packaging Market Share Analysis
The airless packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America airless packaging market.
The major players covered in the North America airless packaging market report are O.Berk Company, LLC, Sonoco Products Company, ALBEA, Silgan Holdings Inc., AptarGroup, Inc., HCT Group, East Hill Industries, LLC, Cospack America Corp, Viva Group, LUMSON SpA, Rieke (a subsidiary of TriMas), HCP Packaging, FUSIONPKG, RPC Group Plc, TricorBraun, WWP, RAEPAK LTD, BALL CORPORATION, Amcor plc among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of airless packaging market.
- In October 2020, BALL CORPORATION undergone a partnership with KROENKE SPORTS & ENTERTAINMENT. With this partnership, BALL CORPORATION ensures sustainability in the field of sports and entertainment with the introduction of aluminium beverage packaging with improved recycling program. This will increase the value of sales and revenue for BALL CORPORATION.
Production expansion, new product development and other strategies enhance the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for airless packaging.