Asia-Pacific Airless Packaging Market, By Packaging Type (Rigid Plastic 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 (Japan, China, Malaysia, Indonesia, Singapore, Philippines, South Korea, India, Australia, Thailand and Rest of Asia-Pacific) Industry Trends and Forecast to 2028
Market Analysis and Insights: Asia-Pacific Airless Packaging Market
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 7.3% in the forecast period of 2021 to 2028 and expected to reach USD 3,569.87 million by 2028.
Increasing demand in food and beverages and personal care and homecare industry and increase in demand of packaging solution food packaging are the factors for the market growth.
Airless packaging is a type of packaging type that helps in the reduction of contamination from environment such as volatile matter and oxygen that reduce the growth of bacteria or fungi keeping the product inside safe and in good quality. Airless packaging is used in application such as food and beverages, personal care and homecare, healthcare and others. The airless packaging is highly preferred to keep natural products.
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 market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Airless Packaging Market Scope and Market Size
The airless packaging market is categorized into five notable segments which are based on the basis of material type, packaging 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 segments are dominating due to increase in demand of cosmetic products with rise in income level of people in rural areas along with urban areas.
- On the basis of material type, the airless packaging market is segmented into plastic, glass and others. In 2021, plastic segments are dominating due to increase in demand in cosmetic and personal care and with rise in demand of homecare products.
- On the basis of category, the airless packaging market is segmented into premium and mass. In 2021, mass segments are dominating due to rise in demand in shipment of cosmetics products which require more shipment of products with no or less degradation of the product.
- On the basis of distribution channel, the airless packaging market is segmented into supermarkets, hypermarkets, specialist retailers, convenience stores and e-commerce. In 2021, supermarket segments are dominating due to increase behaviour of buying of goods at a single place with large variety of products.
- 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 is dominating the segment with change in lifestyle and increase in number of aged population in countries such as India and China.
Airless Packaging Market Country Level Analysis
The airless packaging market is analysed and market size information is provided by country, material type, packaging type, category, distribution channel and end-user as referenced above.
The countries covered in the airless packaging market report are Japan, China, Malaysia, Indonesia, Singapore, Philippines, South Korea, India, Australia, Thailand and Rest of Asia-Pacific.
Japan in Asia-Pacific airless packaging market is dominating due to the increasing usage of packaging solution in cosmetic segment to fulfil the growing demand of cosmetic and personal care products.
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 airless food packaging
Asia-Pacific 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
Asia-Pacific 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, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the airless packaging market.
The major players covered in the report are BALL CORPORATION, Viva Group, Silgan Holdings Inc., Amcor plc, Sonoco Products Company, ALBÉA, AptarGroup, Inc., FUSIONPKG, HCT Group, East Hill Industries, LLC., Rieke (A subsidiary of TriMas), HCP Packaging, Ningbo Gidea Packaging Co.,Ltd., TricorBraun, WWP, RPC Group Plc and RAEPAK LTD, among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In October 2020, Sonoco announced an increase in price of all grade of uncoated recycled paperboard (URB). This will increase the effectiveness in shipping of the materials. This will help increase in value of sales and revenue of Sonoco.
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