Airless Pumps Market

Airless Pump Market Analysis and Review by Pump Type – Multi Chamber Airless Pumps and Handheld Airless Pumps for 2021 – 2031

Airless Pump Market Snapshot

[191 Pages Report] The airless pump market will register positive growth, with the overall valuation estimate to reach US$ 230 Mn in 2021. Future Market Insights (FMI) projects airless pump sales to increase at 5.5% CAGR between 2021 and 2031.

It has been forecast that the APAC airless pump market might turn out to be money bank for manufacturers over the assessment period. With rapid penetration of leading cosmetic brand owners and advancements in the packaging sector, APAC is expected to account for around 33% of the global market share by the end of 2031.

Base year (2020) Market Value

US$ 228 Mn

Projected year (2021) Market Value

US$ 234.6 Mn

Projected year (2031) Market Value

US$ 399.7 Mn

CAGR% (2021-2031)

5% CAGR

2015-2020 Airless Pump Market Outlook Compared to 2021-2031 Forecast

Majorly driven by the growth of the cosmetic and personal care industry across the globe, the airless pump market is anticipated to rise at 5.5% CAGR from 2021 to 2031 in comparison to the 3.3% CAGR registered during 2015 to 2020. 

In last couple of years, airless packaging, especially in the personal care and cosmetic industry has gained immense traction owing to its exceptional dispensing ability. Incorporation of airless mechanism in cosmetic pumps and dispensers has redefined the market growth.

Value added benefits of airless pumps such as extensive range of viscosities, high treatment efficiency, extended shelf life of formula, and several others have pushed the popularity of airless pumps among end users. Airless pumps dispense precise and accurate amount of product, which further reduces and avoids unnecessary waste.

These pumps allow end users to dispense the content without taking off the lid, when the content is low. All these factors not only outweigh the traditional pumps available in the market but also offer tailwinds to sales of airless pumps.

Also, availability of these pumps in luxury cosmetic packaging lures a large section of the customer base across the world. This is expected to facilitate growth of the airless pump market in developed and developing countries during the forecast period.

Leading as well as small scale manufacturers operating in the global personal care and cosmetic industry are willing to switch to advanced and alternatives in packaging formats. These manufacturers are looking for ways to offer innovative yet aesthetically attractive cosmetic packaging solutions.

Airless pumps being very effective in dispensing cosmetics products are favored by consumers as they not only dispense product contents efficiently but also significantly reduces wastage by dispensing only required amount of product.

The market for airless pump is steadily gaining pace across the globe in the packaging industry. There is a consistent increase in the number of players switching to the airless pumps, which is anticipated to significantly bolster the market demand for airless pump.

How is the Flourishing Cosmetics Industry Driving Sales of Airless Pump?

The global personal care and cosmetics industry registered high growth in the last few years and is projected to continue exhibiting impressive rise in sales through 2031. Exponential growth of the personal care and cosmetics industry is substantially driven by product innovation and rising expenditure by consumers on skin care products, fragrances, color cosmetics, and personal care products.

Besides this, remarkably increasing online sales of beauty products in emerging as well as mature markets has resulted in positive impact on the cosmetics industry. The rising demand for cosmetics and skincare products with easy to use, attractive, and sustainable packaging solutions that ensure minimum wastage of product will bode well for the market.

Why is Asia Considered a Lucrative Market for Global Manufacturers?

Highly potential Asian countries such as China, South Korea, Japan and India represent a dominant geographic segment in the global personal care and cosmetics industry. The consumption pattern of cosmetics in these countries has considerably increased in recent years, which has further led to the growth of the Asian beauty and cosmetics sector.

Asian countries such as China, Japan and South Korea have been the leading beauty cosmetics and skincare product exporters in 2019. This massive demand for personal care and cosmetics products and their production in these countries ultimately fuels the demand for airless pumps.

In addition to this, leading global cosmetics giants such as L’Oréal, Unilever, P&G and several others are entering and investing in the Asian cosmetics market to leverage the latent opportunities offered by the region.

For instance, as per the India Brand Equity Foundation, (IBEF), L’Oréal is planning on scouting for acquisitions in the skin and make-up market in India. Such business expansion actions/deals in Asian countries is accelerating the market growth of the Asian beauty and cosmetics sector.

Easy availability of raw plastic and metal material, low manufacturing and labor cost in Asia attract global airless pumps’ manufacturers to expand their business boundaries in highly potential Asian countries. In the coming years, leading manufacturers, especially European and American manufacturers operating in the global airless pumps market can absorb opportunities from the lucrative Asian region, which will help them maximize their sales and financial profitability as well.

What Is the Impact of COVID-19 Pandemic on the Global Airless Pump Market?

The global personal care and cosmetics industry has been consistently resilient in the past. However, the industry comprising of skincare, color cosmetics, fragrances, and personal care was shocked by the global spread of COVID-19. The industry witnessed weak sales in all quarters during 2020. COVID-19 outbreak disrupted the supply chain of manufacturing industries, impacting the personal care and cosmetics industry.

The global wave of the pandemic has created discontinuation in production in manufacturing plants, closures in stores, and has induced a major impact on international trade. Along with this, shutdown in hypermarkets, supermarkets and other public domains further affected the demand and supply for personal care and cosmetics products, including sales of airless pumps.

Nevertheless, recovery is on card, especially in the personal care and cosmetics industry. Coupled with this, the vaccination drives are projected to realign things till the second quarter of 2021. This, in turn, is anticipated to fuel the demand for personal care and cosmetics products that will further induce a positive impact on sales of airless pumps in the market.

Country-wise Insights

How is Growing Demand for Personal Care Products Affecting Sales of Airless Pumps in the U.S.?

North America is anticipated to remain the third largest market for airless pump holding approximately 21% of the market share by the end of 2026. According to the airless pump industry analysis, the United States is projected to hold nearly 80% of the total North American market for airless pump in the span of next ten years.

The growing number of social medial influencers and rising aging population are bolstering the market for personal care and beauty products in the country. According to Cosmeticsinfo.org, a Personal Care Products Council (PCPC) sponsored website, more than 11 billion personal care products are sold each year in the United States. The high demand for personal care and beauty products are anticipated to reinforce the growth of the airless pump market in the country.

Why is Germany Considered the Most Lucrative Market for Airless Pumps?

The airless pump market in the Germany is expected to create an incremental opportunity of ~US$ 5 Mn during 2021-2031. Germany is estimated to hold largest market share in the Europe market for airless pump market by the end of 2031. 

The cosmetics industry in Europe has consistently grown since the past 10 years. The increasing consumer preference for high-end cosmetic brands and the growing consciousness about appearance among the millennial populations are few factors bolstering the market in the region.

As stated by Cosmetics Europe, a Europe based personal care association, in the national market for cosmetics and personal care products, in 2019 Germany was the largest in Europe valuing US$ ~17 Billion of the total European market. The extensive applications of airless pumps in the personal care and cosmetics industries, besides the significant presence of airless pump manufacturers across Germany is propelling the demand to a great extent.

How is Growing Popularity of South Korean Personal Care and Cosmetics Brands Augmenting e Sales of Airless Pump?

In Asia Pacific, the South Korea market for airless pumps is projected to expand ~2 times that of its current market value by the end of 2031. The popularity of South Korean beauty brands in Asia and expansion of the industry in the past decade are positively influencing the market growth.

According to the British Chamber of Commerce in Korea, South Korea is the 10th largest beauty market in the world, representing nearly 2.9% of the global market. These factors reinforcing prospects for the growth of the beauty industry in the country. Also, the increasing number of players in the beauty market and the rising domestic production of premium cosmetics products will support sales of airless pumps in South Korea.

The high popularity of South Korean beauty brands in the Asian market is one of the factors enabling sales of airless pumps in the country during the forecast period.

Category-wise Insights

Why is the Demand for Handheld Airless Pump Continuously Rising?

The handheld airless pump segment is estimated to register a CAGR of nearly ~5% during 2021-2031. By pump type, the handheld airless pump segment is most commonly used in the airless pump market.

Handheld airless pumps are widely used for packaging of hand care lotions, body lotions and liquid soaps among others. The pump type offers users an efficient and conveniently small size packaging solution that is easy to carry around which is highly desirable for several applications.

As the handheld airless pump can be used for a wide range of applications, the segment is projected to covers maximum sales in the market by the end of 2031.

Which is the Leading Application of Airless Pumps?

Body lotion is the most lucrative application segment in the market for airless pumps. The body lotion segment followed by the make-up segment will lead market with estimated value shares of ~28% and ~21% respectively in the year 2021.

Increasing consciousness regarding appearance among the millennial population and growing popularity of following skincare routines among the ageing population are some of the factors that are propelling the demand for airless pumps in body lotion and make-up applications.

Competitive Landscape

Companies operating in the airless pump market are aiming at product launches, expansions and strategic partnerships with other manufacturers. The key players are also focusing on expanding their product manufacturing capabilities, product portfolio, and global presence. Leading airless pump manufacturers are committed to research and development initiatives and are consistently offering innovative applications of the product for many industries.

  • For instance, In July 2020, AptarGroup Inc. broadened their PCR dispensing portfolio in North America with two new airless launches.
  • In June 2020, Silgan Holdings Inc. completed the acquisition of the dispensing business of Albéa Group
  • In February 2020, Silgan Holdings Inc. announced completion of its acquisition of the dispensing systems business of Westrock.

Scope of Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2015-2020

Market Analysis

US$ Million for Value and Mn Units for Volume

Key Regions Covered

North America, Latin America, Europe,  the Middle East & Africa, Asia Pacific and Australasia

Key Countries Covered

United Stated, Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, Russia,  GCC Countries, Turkey, South Africa, China, Japan, South Korea, India and Australia

Key Segments Covered

Pump Type, Material, Application and Region

Key Companies Profiled

  • Albéa S.A.
  • AptarGroup, Inc.
  • Silgan Holdings Inc.
  • Richmond Containers CTP Ltd
  • Frapak Packaging B.V.
  • Rieke Corporation
  • Raepak Ltd.
  • Unicom International Ltd.
  • APackaging Group

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered in the Report

  • What is the current valuation of airless pump market?

    The airless pump market is estimated to surpass a valuation of US$ 230 Mn by 2021.

  • At what rate did the airless pump market expand in the last 5 years?

    The airless pump market exhibited growth at 3.3% CAGR in the last five years from 2015 to 2020.

  • What is the demand outlook for airless pump market?

    Airless pump market will register gradual rise in demand after the decreasing sales due to the impact of COVID-19 in 2020. As per FMI, the market will register a CAGR of 5.0% between 2021 and 2031.

  • What are the key trends prevailing in the airless pump market?

    Product level innovation from manufacturers is gaining traction in market. Shopping of extensive range of personal care, beauty and cosmetic product via e-commerce platforms is another trend fuelling sales of airless pumps to a great extent.

  • What are the key factors driving airless pump sales?

    Flourishing cosmetics industry is boosting the global airless pump market. Moreover, incorporation of airless packaging in cosmetic and personal care sector to uplift market growth is another factor driving the demand for airless pumps.

  • What is the North America airless pump market outlook?

    North America market is estimated to hold over ~23% value share in the global airless pump market, in 2021 and the market is projected to maintain a steady growth rate of 4.4% over the span of next 10 years.

  • What is the cumulative share of top five companies in airless pump market?

    The top five companies operating in the airless pump market are Aptar Group, Inc, Silgan Holdings, Inc, Albea S.A, Rieke Corporation and Quadpack. These players are estimated to hold nearly 30% to 35% share in the global airless pump market.

  • At what rate will airless pump market grow in Asia Pacific?

    FMI has forecast the Asia Pacific airless pump market to exhibit a CAGR of 6.8% between 2021 and 2031.

  • Which are the top 5 countries exhibiting high demand for airless pump?

    The U.S., China, India, Germany and U.K. are among leading markets for airless pump market, exhibiting consistently high demand.

  • At what rate will China airless pump market grow?

    As per FMI, the China airless pump market is expected to rise at 6.4% CAGR between 2021 and 2031

Airless Pump Market by Category

By Pump Type:

  • Multi Chamber Airless Pumps
  • Handheld Airless Pumps

By Material:

  • Plastic
    • Polyethylene (PE)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • Others
  • Metal

By Application:

  • Body Lotions
  • Hand Care Lotions
  • Make Up
  • Perfumes & Deodorants
  • Liquid Soap
  • Shampoos & Conditioners
  • Other Applications

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Australasia
  • Middle East and Africa

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