Airless packaging market size was $4,046.0 million in 2016, and is projected to reach $5,938.0 million in 2023, growing at a CAGR of 5.9%. Airless packaging systems offer precise dosage, high evacuation rate, low wastage & contamination of the content, improved product shelf life, restricts backflow of air due to the presence of pump dispensing system.
Factors such as increase in cosmetics products, rise in sales of homecare products, growth in demand for high end products, and surge in demand for high quality products propel the demand for airless packaging products. Moreover, the low wastage & less contamination attributes of airless packaging have stimulated the growth of global airless packaging market. In addition, government regulations for reducing pollutants and increased awareness about natural & organic products have supplemented the expansion of the airless packaging market. However, high cost of manufacturing these products is a major challenge faced by the players operating in the industry.
Major Key Players of the Airless Packaging Market are:ABC Packaging, Albea, AptarGroup, Fusion Packaging, HCP Packaging, Libo Cosmetics Company, Lumson SPA, Quadpack Industries, Raepak Ltd., Silgan Dispensing Systems
Read More @ https://www.openpr.com/news/2025665/airless-packaging-market-prospects-outlook-2017-2023-and-top
Factors such as increase in cosmetics products, rise in sales of homecare products, growth in demand for high end products, and surge in demand for high quality products propel the demand for airless packaging products. Moreover, the low wastage & less contamination attributes of airless packaging have stimulated the growth of global airless packaging market. In addition, government regulations for reducing pollutants and increased awareness about natural & organic products have supplemented the expansion of the airless packaging market. However, high cost of manufacturing these products is a major challenge faced by the players operating in the industry.
Major Key Players of the Airless Packaging Market are:ABC Packaging, Albea, AptarGroup, Fusion Packaging, HCP Packaging, Libo Cosmetics Company, Lumson SPA, Quadpack Industries, Raepak Ltd., Silgan Dispensing Systems
Read More @ https://www.openpr.com/news/2025665/airless-packaging-market-prospects-outlook-2017-2023-and-top
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