So. Dez 4th, 2022

Growing consumer preference towards hygienic, clean superior-quality food packaging to increase shelf life and nutritional value of the products to propel the growth of the airless packaging market in India during the forecast period

According to TechSci Research report, “India Airless Packaging Market By Type, Material, By End User, Competition, Forecast & Opportunities, 2024”, India airless packaging market is projected to grow steadily during the forecast period on account of growing demand for natural and organic products, growing sales volume of homecare products and growing consumer preference towards various options under personal care and food & beverages segments. In addition to this, stringent government regulations and legislations aiming to reduce industrial pollutants in the environment and rising awareness about adoption of eco-friendly products, is anticipated to give a healthy push to the growth of India airless packaging market through 2024. Furthermore, advancements in packaging technology in need to protect the product form getting contaminated, is further anticipated to spur the India airless packaging market growth in the coming years. However, the factor that might act as major impediment to the market growth over the coming years, is the high production cost associated with the airless packaging products.

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In terms of material, the India airless packaging market is segmented into plastic, glass, and others. Among them, the plastic material segment dominated the market until 2018 in terms of largest market share and is expected to grow at a rapid pace over the next five years as well which can be attributed to its numerous properties such as low manufacturing cost, ease of availability, light weight and capability to be molded in various shapes and sizes. Based on application, food and beverage industry is projected to register high CAGR over the coming years owing to increasing demand from the respective industry where several food products require airtight packaging to maintain their taste, freshness along with crispiness.

ABC Packaging Ltd., Aptar Pharma (India) Pvt. Ltd., Fusion Packaging, Albea Betts India Pvt. Ltd. and Silgan Dispensing Systems India Private Limited etc. among others are the leading players operating in India airless packaging market.

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“Increasing need for zero wastage of products from packaging industry in the country has boosted the demand for airless packaging. Moreover, growing awareness regarding the reliable and superior-quality packaging for food items is expected to bolster the growth of India airless packaging market through 2024. Additionally, this airless packaging allows the manufacturers to minimize the use of preservatives, which in turn helps in keeping products more organic, thereby the India airless packaging market is anticipated to rev up during the forecast period”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

“India Airless Packaging Market By Type, Material, By End User, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India airless packaging market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India airless packaging market.

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