The Airless Packaging Market size was USD 5.75 billion in 2022 and is expected to Reach USD 9.30 billion by 2030 and grow at a CAGR of 6.2 % over the forecast period of 2023-2030.
Market growth is expected over the forecast period as a result of increasing demand for premium cosmetic products worldwide. In recent years there has been a substantial increase in global demand for high quality cosmetic products, e.g. natural skincare creams, foundations and serums. Another key factor that contributes to the growing demand for premium cosmetic products is rising demand of natural skin care products, an increasing number of women working and product introduction throughout the world.
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Their widespread acceptance in applications industries is hindered by a number of factors, including high costs associated with airless bottles and jars as well as their sustainability issues. In April 2021, a 50 ml airless plastic bottle will cost about USD 1.50 to 2.5, whereas a 25 ml non-airless bottle costs around USD 0.25 to 0.45 prices vary by volume of procurement.
KEY DRIVERS:
Increasing demand for Hygiene Solution in the Packaging Industry
In particular with regard to the Covid 19 pandemic, hygiene and cleanliness are becoming increasingly important for consumers. Due to the pandemic, demand for products which are packaged in an environment of hygiene and cleanliness is increasing. Strict rules on the safety and hygiene of products are applied to a large number of industries such as pharmaceuticals and cosmetics.
By providing a hygienic packaging solution, airless packaging can help manufacturers to comply with these regulatory requirements. Exposure to air and bacteria may compromise the efficacy of products that are likely to be contaminated, for example skin care or cosmetic products. In order to retain the efficiency of these products it may be possible to use airless packaging in order to protect against outside contaminants.
RESTRAIN:
Compatibility with more than one product may not be possible with airless packaging
Material compatible with a wide range of product formulations is usually used in the manufacture of airlessly packaged products. However, some products may contain ingredients that are not compatible with the packaging material and can result in degradation, lysis or other issues which might have an impact on product quality and safety. The use of airless packaging is intended for products that have different characteristics. However, given the pressure that is necessary to dispense them, specific products such as thick or very viscous formulations may not work well in airless packaging.
OPPORTUNITY:
Increased demand in the area of alternatives to plastic packaging
The demand for packaging solutions which are produced from alternative raw materials such as paper or recycled metal has increased in view of increasing environmental concerns caused by plastic. With the introduction of packaging solutions as an alternative to plastic packaging, a number of competent and reliable market players responded to changing demands from the cosmetic industry for sustainability and environmental protection.
CHALLENGES:
Technological Complexity and Cost
In order to deliver the product without exposure to air, airless packaging involves complex mechanisms. Compared to traditional packaging, the complexity of these mechanisms and related production costs are likely to make airless packaging more expensive.
The war has led to shortages of basic materials such as glass, plastic and metal. For the manufacture of airless packaging, these materials are essential. Due to the disruptions, there was a shortfall of raw materials and higher prices. By 4 March, the price of aluminum that had fallen to as low as $2,885 per tonne just before the war began in early February was up to $3,825.2 per tonne. The world's largest producers of aluminium are both China and Russia, with Russia accounting for six per cent of total production.
The cost of energy has also increased as a result of the war. As the process is very energy intensive, this has made it difficult to produce Airless Packaging. The cost of the production of airless packaging has increased as a result of higher energy costs.
The volatility of energy commodity prices started rising in December 2021, when reports about the possible invasion of Ukraine by Russia reached a fever pitch. Prices of oil, coal and gas have increased by approximately 40%, 130% and 1800% respectively over the two weeks following the invasion.
The decrease in demand for consumer products is one of the major factors which are anticipated to have a negative effect on the market for insulated packaging during the recession. In particular in the pharmaceutical and personal care sectors, airless packaging has been widely used but a recession could lead to reduced demand for these products.
The increased competition for other packaging materials is another factor which is expected to have an impact on the airless packaging market. Airless packaging costs more than other forms of packaging, such as plastic and aluminium, which may be why businesses are more inclined to make use of cheaper packaging materials in times of recession.
By Material
Plastic
Metal
Glass
In 2022, plastic accounted for 65.5% of worldwide sales, and is projected to retain its dominance over the forecast period. In the production of airless containers, cups and tubes it is widely used different types of plastic resins such as PE, PET, ABS, PMMA or SAN.
By Packaging Type
Bags & Pouches
Bottles & Jars
Tubes
In 2022, bottles & jars accounted for more than 85 % of global volume and are expected to maintain their leading position until forecast period. The shape of bottles and containers makes it possible to incorporate airless pumps in them, which is also a common type of packaging due to the ease with which products can be evacuated or used from bottle & jar.
By Packaging Type
Pumps
Twist & Clicks
Dropper
By Application
Pharmaceutical
Personal & Homecare
Pet care
Others
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The segment of Personal & Home Care led the market in 2022, with a total revenue share of 80.3%. In the personal care sector, packaging of semisolids such as lotions, creams, ointments, gels and pastes are used in airless containers & jars, pouches or tubes. This product maintains the integrity of its formulations and prolongs their shelf life by preventing oxidation.
The biggest market shares are held in North America of around 38%; this region is projected to continue its dominance over the forecast period. Sustainable alternatives for airless packaging have been developed in response to increasing concerns regarding the environment, which include marine litter and a range of general impacts on packaging in North America. Furthermore, the development of airless packaging markets in North America is underlined by the presence of potential consumers who are buying luxury cosmetic and personal care products.
Europe remains the most attractive market for airless packaging, and is expected to remain in this position during the analysis period. Europe held the market share of around 28%. In order to supplement the growth of airless packaging in Europe, increasing demand for luxury packages specially formulated for personal care and beauty products is a significant factor.
The Asia Pacific region, with countries such as China, Japan, India and South Korea leading the way, is a fastest growing market for airless packaging. In China, the use of sustainable packaging solutions is gaining increasing awareness and consumers have become more aware of their environmental impact in order to seek eco-friendly alternatives. Airless packaging is an environmentally responsible solution because it reduces waste and can be easily recycled.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Airless Packaging market are APC Packaging, HCP Packaging, Silgan Holdings, Quadpack, Aptar Group Inc, Albea SA, Fusion PKG, Lumson SPA and other players.
RECENT DEVELOPMENT
The NUORI Skincare brand in Denmark has been supplied with Regula Airless Packaging by a global cosmetic packaging manufacturer Quadpack and its new line of "The One" products.
Lumson introduces APP Light, a lightweight airless solution for PCR PE
| Report Attributes | Details |
| Market Size in 2022 | US$ 5.75 Bn |
| Market Size by 2030 | US$ 9.30 Bn |
| CAGR | CAGR of 6.2 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (Plastic, Metal, Glass) • by Packaging Type (Bags & Pouches, Bottles & Jars, Tubes) • by Dispensing Systems (Pumps, Twist & Clicks, Dropper) • by Application (Pharmaceutical, Personal & Homecare, Pet care, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | APC Packaging, HCP Packaging, Silgan Holdings, Quadpack, Aptar Group Inc, Albea SA, Fusion PKG, Lumson SPA |
| Key Drivers | • Increasing demand for Hygiene Solution in the Packaging Industry |
| Key Restraints | • Compatibility with more than one product may not be possible with airless packaging |
Ans. The Compound Annual Growth rate for Airless Packaging Market over the forecast period is 6.2 %.
Ans. USD 9.30 billion is the projected Airless Packaging market size of market by 2030.
Ans. North America is the dominating region of the Airless Packaging Market.
Ans. Compatibility with more than one product may not be possible with airless packaging which can restrain the market growth.
Ans. Increasing demand for Hygiene Solution in the Packaging Industry.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Airless Packaging Market Segmentation, by Material
8.1 Plastic
8.2 Metal
8.3 Glass
9. Airless Packaging Market Segmentation, by Packaging Type
9.1 Bags & Pouches
9.2 Bottles & Jars
9.3 Tubes
10. Airless Packaging Market Segmentation, by Dispensing Systems
10.1 Pumps
10.2 Twist & Clicks
10.3 Dropper
11. Airless Packaging Market Segmentation, by Application
11.1 Pharmaceutical
11.2 Personal & Homecare
11.3 Pet care
11.4 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Airless Packaging Market by Country
12.2.2North America Airless Packaging Market by Material
12.2.3 North America Airless Packaging Market by Packaging Type
12.2.4 North America Airless Packaging Market by Dispensing Systems
12.2.5 North America Airless Packaging Market by Application
12.2.6 USA
12.2.6.1 USA Airless Packaging Market by Material
12.2.6.2 USA Airless Packaging Market by Packaging Type
12.2.6.3 USA Airless Packaging Market by Dispensing Systems
12.2.6.4 USA Airless Packaging Market by Application
12.2.7 Canada
12.2.7.1 Canada Airless Packaging Market by Material
12.2.7.2 Canada Airless Packaging Market by Packaging Type
12.2.7.3 Canada Airless Packaging Market by Dispensing Systems
12.2.7.4 Canada Airless Packaging Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Airless Packaging Market by Raw Dispensing Systems
12.2.8.2 Mexico Airless Packaging Market by Packaging Type
12.2.8.3 Mexico Airless Packaging Market by Dispensing Systems
12.2.8.4 Mexico Airless Packaging Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Airless Packaging Market by Country
12.3.1.2 Eastern Europe Airless Packaging Market by Material
12.3.1.3 Eastern Europe Airless Packaging Market by Packaging Type
12.3.1.4 Eastern Europe Airless Packaging Market by Dispensing Systems
12.3.1.5 Eastern Europe Airless Packaging Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Airless Packaging Market by Material
12.3.1.6.2 Poland Airless Packaging Market by Packaging Type
12.3.1.6.3 Poland Airless Packaging Market by Dispensing Systems
12.3.1.6.4 Poland Airless Packaging Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Airless Packaging Market by Material
12.3.1.7.2 Romania Airless Packaging Market by Packaging Type
12.3.1.7.3 Romania Airless Packaging Market by Dispensing Systems
12.3.1.7.4 Romania Airless Packaging Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Airless Packaging Market by Material
12.3.1.8.2 Hungary Airless Packaging Market by Packaging Type
12.3.1.8.3 Hungary Airless Packaging Market by Dispensing Systems
12.3.1.8.4 Hungary Airless Packaging Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Airless Packaging Market by Material
12.3.1.9.2 Turkey Airless Packaging Market by Packaging Type
12.3.1.9.3 Turkey Airless Packaging Market by Dispensing Systems
12.3.1.9.4 Turkey Airless Packaging Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Airless Packaging Market by Material
12.3.1.10.2 Rest of Eastern Europe Airless Packaging Market by Packaging Type
12.3.1.10.3 Rest of Eastern Europe Airless Packaging Market by Dispensing Systems
12.3.1.10.4 Rest of Eastern Europe Airless Packaging Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Airless Packaging Market by Country
12.3.2.2 Western Europe Airless Packaging Market by Material
12.3.2.3 Western Europe Airless Packaging Market by Packaging Type
12.3.2.4 Western Europe Airless Packaging Market by Dispensing Systems
12.3.2.5 Western Europe Airless Packaging Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Airless Packaging Market by Material
12.3.2.6.2 Germany Airless Packaging Market by Packaging Type
12.3.2.6.3 Germany Airless Packaging Market by Dispensing Systems
12.3.2.6.4 Germany Airless Packaging Market by Application
12.3.2.7 France
12.3.2.7.1 France Airless Packaging Market by Material
12.3.2.7.2 France Airless Packaging Market by Packaging Type
12.3.2.7.3 France Airless Packaging Market by Dispensing Systems
12.3.2.7.4 France Airless Packaging Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Airless Packaging Market by Material
12.3.2.8.2 UK Airless Packaging Market by Packaging Type
12.3.2.8.3 UK Airless Packaging Market by Dispensing Systems
12.3.2.8.4 UK Airless Packaging Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Airless Packaging Market by Material
12.3.2.9.2 Italy Airless Packaging Market by Packaging Type
12.3.2.9.3 Italy Airless Packaging Market by Dispensing Systems
12.3.2.9.4 Italy Airless Packaging Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Airless Packaging Market by Material
12.3.2.10.2 Spain Airless Packaging Market by Packaging Type
12.3.2.10.3 Spain Airless Packaging Market by Dispensing Systems
12.3.2.10.4 Spain Airless Packaging Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Airless Packaging Market by Material
12.3.2.11.2 Netherlands Airless Packaging Market by Packaging Type
12.3.2.11.3 Netherlands Airless Packaging Market by Dispensing Systems
12.3.2.11.4 Netherlands Airless Packaging Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Airless Packaging Market by Material
12.3.2.12.2 Switzerland Airless Packaging Market by Packaging Type
12.3.2.12.3 Switzerland Airless Packaging Market by Dispensing Systems
12.3.2.12.4 Switzerland Airless Packaging Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Airless Packaging Market by Material
12.3.2.13.2 Austria Airless Packaging Market by Packaging Type
12.3.2.13.3 Austria Airless Packaging Market by Dispensing Systems
12.3.2.13.4 Austria Airless Packaging Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Airless Packaging Market by Material
12.3.2.14.2 Rest of Western Europe Airless Packaging Market by Packaging Type
12.3.2.14.3 Rest of Western Europe Airless Packaging Market by Dispensing Systems
12.3.2.14.4 Rest of Western Europe Airless Packaging Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Airless Packaging Market by Country
12.4.2 Asia Pacific Airless Packaging Market by Material
12.4.3 Asia Pacific Airless Packaging Market by Packaging Type
12.4.4 Asia Pacific Airless Packaging Market by Dispensing Systems
12.4.5 Asia Pacific Airless Packaging Market by Application
12.4.6 China
12.4.6.1 China Airless Packaging Market by Material
12.4.6.2 China Airless Packaging Market by Packaging Type
12.4.6.3 China Airless Packaging Market by Dispensing Systems
12.4.6.4 China Airless Packaging Market by Application
12.4.7 India
12.4.7.1 India Airless Packaging Market by Material
12.4.7.2 India Airless Packaging Market by Packaging Type
12.4.7.3 India Airless Packaging Market by Dispensing Systems
12.4.7.4 India Airless Packaging Market by Application
12.4.8 Japan
12.4.8.1 Japan Airless Packaging Market by Material
12.4.8.2 Japan Airless Packaging Market by Packaging Type
12.4.8.3 Japan Airless Packaging Market by Dispensing Systems
12.4.8.4 Japan Airless Packaging Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Airless Packaging Market by Material
12.4.9.2 South Korea Airless Packaging Market by Packaging Type
12.4.9.3 South Korea Airless Packaging Market by Dispensing Systems
12.4.9.4 South Korea Airless Packaging Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Airless Packaging Market by Material
12.4.10.2 Vietnam Airless Packaging Market by Packaging Type
12.4.10.3 Vietnam Airless Packaging Market by Dispensing Systems
12.4.10.4 Vietnam Airless Packaging Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Airless Packaging Market by Material
12.4.11.2 Singapore Airless Packaging Market by Packaging Type
12.4.11.3 Singapore Airless Packaging Market by Dispensing Systems
12.4.11.4 Singapore Airless Packaging Market by Application
12.4.12 Australia
12.4.12.1 Australia Airless Packaging Market by Material
12.4.12.2 Australia Airless Packaging Market by Packaging Type
12.4.12.3 Australia Airless Packaging Market by Dispensing Systems
12.4.12.4 Australia Airless Packaging Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Airless Packaging Market by Material
12.4.13.2 Rest of Asia-Pacific APAC Airless Packaging Market by Packaging Type
12.4.13.3 Rest of Asia-Pacific Airless Packaging Market by Dispensing Systems
12.4.13.4 Rest of Asia-Pacific Airless Packaging Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Airless Packaging Market by country
12.5.1.2 Middle East Airless Packaging Market by Material
12.5.1.3 Middle East Airless Packaging Market by Packaging Type
12.5.1.4 Middle East Airless Packaging Market by Dispensing Systems
12.5.1.5 Middle East Airless Packaging Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Airless Packaging Market by Material
12.5.1.6.2 UAE Airless Packaging Market by Packaging Type
12.5.1.6.3 UAE Airless Packaging Market by Dispensing Systems
12.5.1.6.4 UAE Airless Packaging Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Airless Packaging Market by Material
12.5.1.7.2 Egypt Airless Packaging Market by Packaging Type
12.5.1.7.3 Egypt Airless Packaging Market by Dispensing Systems
12.5.1.7.4 Egypt Airless Packaging Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Airless Packaging Market by Material
12.5.1.8.2 Saudi Arabia Airless Packaging Market by Packaging Type
12.5.1.8.3 Saudi Arabia Airless Packaging Market by Dispensing Systems
12.5.1.8.4 Saudi Arabia Airless Packaging Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Airless Packaging Market by Material
12.5.1.9.2 Qatar Airless Packaging Market by Packaging Type
12.5.1.9.3 Qatar Airless Packaging Market by Dispensing Systems
12.5.1.9.4 Qatar Airless Packaging Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Airless Packaging Market by Material
12.5.1.10.2 Rest of Middle East Airless Packaging Market by Packaging Type
12.5.1.10.3 Rest of Middle East Airless Packaging Market by Dispensing Systems
12.5.1.10.4 Rest of Middle East Airless Packaging Market by Application
12.5.2. Africa
12.5.2.1 Africa Airless Packaging Market by country
12.5.2.2 Africa Airless Packaging Market by Material
12.5.2.3 Africa Airless Packaging Market by Packaging Type
12.5.2.4 Africa Airless Packaging Market by Dispensing Systems
12.5.2.5 Africa Airless Packaging Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Airless Packaging Market by Material
12.5.2.6.2 Nigeria Airless Packaging Market by Packaging Type
12.5.2.6.3 Nigeria Airless Packaging Market by Dispensing Systems
12.5.2.6.4 Nigeria Airless Packaging Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Airless Packaging Market by Material
12.5.2.7.2 South Africa Airless Packaging Market by Packaging Type
12.5.2.7.3 South Africa Airless Packaging Market by Dispensing Systems
12.5.2.7.4 South Africa Airless Packaging Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Airless Packaging Market by Material
12.5.2.8.2 Rest of Africa Airless Packaging Market by Packaging Type
12.5.2.8.3 Rest of Africa Airless Packaging Market by Dispensing Systems
12.5.2.8.4 Rest of Africa Airless Packaging Market by Application
12.6. Latin America
12.6.1 Latin America Airless Packaging Market by country
12.6.2 Latin America Airless Packaging Market by Material
12.6.3 Latin America Airless Packaging Market by Packaging Type
12.6.4 Latin America Airless Packaging Market by Dispensing Systems
12.6.5 Latin America Airless Packaging Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Airless Packaging Market by Material
12.6.6.2 Brazil Africa Airless Packaging Market by Packaging Type
12.6.6.3 Brazil Airless Packaging Market by Dispensing Systems
12.6.6.4 Brazil Airless Packaging Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Airless Packaging Market by Material
12.6.7.2 Argentina Airless Packaging Market by Packaging Type
12.6.7.3 Argentina Airless Packaging Market by Dispensing Systems
12.6.7.4 Argentina Airless Packaging Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Airless Packaging Market by Material
12.6.8.2 Colombia Airless Packaging Market by Packaging Type
12.6.8.3 Colombia Airless Packaging Market by Dispensing Systems
12.6.8.4 Colombia Airless Packaging Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Airless Packaging Market by Material
12.6.9.2 Rest of Latin America Airless Packaging Market by Packaging Type
12.6.9.3 Rest of Latin America Airless Packaging Market by Dispensing Systems
12.6.9.4 Rest of Latin America Airless Packaging Market by Application
13 Company Profile
13.1 APC Packaging
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 HCP Packaging
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Silgan Holdings
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Quadpack
13.4 Company Overview
13.4.2 Financials
13.4.3 Product/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Aptar Group Inc
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Albea SA
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Fusion PKG
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Lumson SPA
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments’
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
In 2023, the Active & Intelligent Packaging Market size was USD 25.59 billion and is expected to reach USD 50.61 billion by 2031 and grow at a compound annual growth rate of 8.9 % over the forecast period from 2024 to 2031.
The Blister Packaging Market size was USD 31.35 billion in 2023 and is expected to Reach USD 53.07 billion by 2031 and grow at a CAGR of 6.8% over the forecast period of 2024-2031.
The Jerry Cans Market size was USD 2.83 billion in 2022 and is expected to Reach USD 3.99 billion by 2030 and grow at a CAGR of 4.4 % over the forecast period of 2023-2030.
The Modular Construction Market size was valued at USD 91.2 billion in 2022 and is expected to grow to USD 143.17 billion by 2030 and grow at a CAGR of 5.8% over the forecast period of 2023-2030.
The Pallet Racking Market size was USD 11103.90 billion in 2022 and is expected to Reach USD 18376.91 billion by 2030 and grow at a CAGR of 6.5 % over the forecast period of 2023-2030.
The Stand-up Pouches Market size was USD 12.95 billion in 2022 and is expected to Reach USD 21.91 billion by 2030 and grow at a CAGR of 6.8 % over the forecast period of 2023-2030.
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