Cosmetics industry to drive growth of global airless packaging market

According to a new report by Transparency Market Research, the global airless packaging market is expected to grow at a CAGR of 5.5% from 2016 to 2024 in terms of value. The overall value of the market is estimated to US$4.13 billion in 2016 and it is expected to reach US$6.34 billion by the end of 2024. As you can see in the image below, the personal care industry plays a key role in the growth of the demand. About countries, Europe will be the place to watch out for in terms of the competitive landscape of the global airless packaging market.