Europe Airless Dispenser Market | Value and Size Expected to Reach USD 3,029.56 million at CAGR of 7.8%| Forecast Period 2021-2028
Market Analysis and Insights: Europe 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 7.8% in the forecast period of 2021 to 2028 and is expected to reach USD 3,029.56 million by 2028. Technological development in European region 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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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 as they need simple mechanism to work and are widely utilized in lotion pumps.
- 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 which employed manufacturing pumps, droppers and bottles as they have low manufacturing cost, easy to handle and lightweight.
- On the basis of packaging type, the airless dispenser market has been segmented into bottles, jars and tubes. In 2021, bottles segment is the commonest packaging type utilized in cosmetics, medical and food & beverage as they are easy to handle and has high storage capacity.
- 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 channel for cosmetic packaging as customers opt to buy from cosmetic stores which sell genuine products with genuine packaging which increase merchandise for shelf life.
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, Europe 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 Europe airless dispenser market.
The major players covered in the Europe airless dispenser market report are HCP Packaging, AptarGroup, Inc., Silgan Dispensing Systems (a subsidiary of Silgan Holdings Inc.), Quadpack, ALBEA, RAEPAK Ltd, Nemera, LUMSON S.p.A, Rieke (a subsidiary of TriMas), LABLABO, YONWOO.CO.,LTD. and Gaplast GmbH among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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