North America Airless Dispenser Market size is expected to be USD 2,273.62 million by 2028
Market Analysis and Insights: North America Airless Dispenser Market
The airless dispenser 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 with a CAGR of 7.2% in the forecast period of 2021 to 2028 and expected to reach USD 2,273.62 million by 2028. Technological development is acting as major factor for the growth of the airless dispenser market.
An airless dispenser is generally used in the cosmetics industry for protecting the products that are degraded by exposure to oxygen. Airless dispenser helps in keeping air and other contaminants out of the product, this helps in extending shelf life and reducing the need for harsh chemical preservatives. Airless dispensers are widely used on cosmetics, food and beverages and pharmaceutical industries. Airless dispensers provide easy dispensing of the product and leave no product left at the bottom as other packaging containers.
The growing market of cosmetics needs to incorporate airless dispenser as an efficient option for its products thus increasing the growth of the airless dispenser market. Underdeveloped countries have low earning households that do not spend money on cosmetics and luxury items, thus the wide population of low income people can limit the growth of the airless dispenser market. The growing need of sustainable products and government initiative to reduce the carbon footprint is also creating need for use of more recycled products in airless dispensing systems thus creating opportunity for the growth of the airless dispenser market. The high presence of several other alternatives is therefore acting as a major challenge for the growth of the airless dispenser market.
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North America Airless Dispenser Market Scope and Market Size
The airless dispenser market is segmented into five notable segments which are based on the product type, material, packaging type, 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 product type, the airless dispenser market has been segmented into pumps, twist & click and droppers. In 2021, pumps segment is the dominating segment in the product type. This is mainly due to surging demand for airless dispenser pumps as it avoid wastage of product from the bottle.
- On the basis of material, the airless dispenser market has been segmented into plastic, glass, metal and others. In 2021, plastic material is the dominating material segment. This is mainly attributed to low manufacturing cost required and easy molding capacity of plastic material.
- On the basis of packaging type, the airless dispenser market has been segmented into bottles, jars and tubes. In 2021, bottles segment is dominating the market. This is mainly due to increasing adoption of bottles for cosmetic storage due to easy handling and unbreakable like jars.
- On the basis of distribution channel, the airless dispenser market has been segmented into cosmetic stores, pharmacies, supermarkets/hypermarkets, e-commerce, specialty stores and others. In 2021, cosmetic stores segment is the dominating the market. This is mainly due to customers buy most cosmetic products from cosmetic stores as they have genuine product with original packaging which increases product life.
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Competitive Landscape and Airless Dispenser Market Share Analysis
The airless dispenser 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, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to airless dispenser market.
Some of the major players operating in North America airless dispenser market are HCP Packaging, APC PACKAGING, AptarGroup, Inc., Silgan Dispensing Systems (a subsidiary of Silgan Holdings Inc.), Quadpack, ALBEA, Nemera, LUMSON S.p.A, Rieke (a subsidiary of TriMas), Qosmedix, YONWOO.CO.,LTD. among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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