The global cosmetic packaging industry has constantly evolved along with the changing consumer demands. Cosmetic packaging manufacturers are particularly focusing on the innovative packaging solutions to cater to the ever-chaging packaging standards. Cosmetic products such as lotions, foundation, toners and serums are packged in airless cosmetic bottles. Airless bottles enable airtight sealing, due to which content is protected from the harmful UV rays, resutling in minimized oxidation. Airless bottles are preferred as they are effective in enhancing the shelf life of the content. Airless bottles are generally used in the cosmetics industry, for products which are prone to microbial attacks and damage due to chemical sensitivity.
Global Airless Bottles Market: Dynamics
The spontaneous innovation in cosmetic formulation, coupled with cosmetic innovation in the beauty industry has led to increased demand for innovative and safe packaging solutions from the cosmetic industry. The requirement of airless bottles is fueled both from the supply and demand side. Demand for packaging solutions which offer protection against UV rays with minimal wastage of the product, is a key factor fueling the demand for airless bottles. Increasing consciousness about looks among people of all age groups, particularly the younger demographic, has led to the growing demand for cosmetics, which in turn has stoked demand in the market for cosmetic packaging. Yet another prominent growth driver in the market is the constant thrust on innovation by the success-hungry players. They are seen investing in research and development of superior products that not just have enhanced functionality but also attractive appearance.
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Global airless bottles market: Segmentation
On the basis of capacity, the global airless bottles market has been segmented as:
- 5 ml – 15 ml
- 15ml- 40 ml
- 40ml -50 ml
- Above 50 ml
On the basis of end use industry, the global airless bottles market has been segmented as:
- Personal care & cosmetics
- Chemical Industry
On the basis of region, the global airless bottles market has been segmented as:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Middle East & Africa
The demand for airless bottles is expected to be generated mostly from regions such as North America and Western Europe. However, owing to fast-changing consumer lifestyles, countries in regions such as India and China, along with the ASEAN countries are projected to witness the highest CAGRs, during the forecast period.
A unique methodology was adopted to calculate airless bottles market
The collected numbers are obtained from key airless bottles manufacturers in the world, their product offerings, sales revenue in each market verticals. Sales revenue from airless bottles was estimated after comphrehensive product mapping. Various market and industry experts, which includes sales and marketing heads of airless bottles manufacturers, independent consultants and distributors, were contacted to validate the penetration of airless bottles in the global bottles market. Several sources were cited for the research. Paid databases such as Factiva, Avention, and Bloomberg were referred to track the revenues of the key manufacturers.
The overall end use and market size has been determined and the penetration of the airless bottles is determined and the penetration of airless bottles was determined in each of the end uses. The total value and demand of airless bottles was mapped in each end use industry, across the world.
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Global Airless Bottles Market: Key Players
Examples of some of the key players operating in the airless bottles market are as follows:
- Morgan Container Corporation
- Levis Industry Co.,Ltd
- TYH Container Enterprise Co., Ltd.
- EASTAR COSMETIC PACKAGING
- The Dalica Packaging.
- Ningbo Gidea Packaging Co.,Ltd
- Ningbo Lux New Material Technology Co.,Ltd.
- Attop Packaging Inc.
- Shaoxing Jinte Packaging Co.,Ltd
- Yuyao Longway Commodity Co., Ltd.