LONDON–(BUSINESS WIRE)–Technavio’s global airless packaging market research report forecasts the market to grow at a CAGR of almost 7% during the forecast period.
The rising demand for environment-friendly packaging will be one of the major trends in the global airless packaging market during 2018-2022. The airless packaging solutions are environment-friendly. The use of glass and cardboard in airless packaging solutions makes them environmentally sustainable. Therefore, many vendors have been offering recyclable packaging solutions to cater to the increasing demand for environment-friendly products from different end-user industries.
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According to Technavio’s analysts, one of the key drivers for the global airless packaging market is the rising demand for convenient packaging:
Global airless packaging market: Rising demand for convenient packaging
End-users industries such as personal care, healthcare, and home-care have been exploring appealing forms of packaging designs to attract customers. Convenience is a major purchasing criterion for such end-users and they are shifting to airless pump dispensers and other airless packaging solutions as they provide convenience in both consumption and disposal and reduce wastage.
According to a senior research analyst at Technavio, “Many vendors are offering convenient airless packaging solutions. For instance, Silgan Dispensing Systems offers an airless packaging solution which incorporates an easy-to-push button actuator that enables comfortable and controlled dispensing. It uses flexible pouches that are available in 25ml and 40ml sizes.”
Global airless packaging market: Segmentation analysis
This global airless packaging market analysis report provides market segmentation by end-user sectors (personal care, healthcare, and home-care) and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the three major end-users, the personal care segment held the largest airless packaging market share in 2017, accounting for over 54% of the market. This end-user segment will dominate the global market throughout the forecast period.
APAC held the largest share of the market in 2017, accounting for about 38% share. It was followed by the Americas and EMEA respectively. APAC is expected to dominate the market throughout the period 2018-2022.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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