Press release
The Global Liquid Dispensing Pump Market Is Projected to Expand At A CAGR Of Around 5% During The Forecast Period Of 2021 To 2031
Liquid Dispensing Pump Market
In terms of product, the market has been characterized into cosmetic liquids, soap solutions, and medicinal liquids. Medicinal liquids are anticipated to have the highest market share over the coming years. As per a new report published by Fact.MR, the global liquid dispensing pump market is anticipated to expand at a CAGR of around 5% during the forecast period of 2021 to 2031.
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Key Takeaways from Market Study
• The liquid dispensing pump market is anticipated to add 2X value by 2031.
• Cleansing & disinfectant sanitizing sprays, hand wash lotion pumps, and medicinal liquids are expected to shape market growth.
• Among the end uses, personal care and cleansing & disinfectant products has been predicted to be the fastest-growing segment, owing to increasing health precautionary actions adopted by people across the globe.
• Asia Pacific is set to dominate the market with the highest share through 2031.
• Automatic liquid soap dispensing pumps have witnessed increased popularity during the COVID-19 pandemic.
• Due to the COVID-19 crisis, demand for liquid dispensing pumps surged in 2020, which saw a sudden increment in the 1st and 2nd quarters of the year.
• Growing adoption of sensor technology and contactless amenities is generating revenue opportunities for key liquid dispensing pump manufacturers.
•
"High R&D spending on automatic liquid dispensing pumps will aid market growth over the coming years,"
says a Fact.MR analyst.
How have COVID-19 impacted sales of liquid dispensing pumps?
In 2020, the COVID-19 pandemic across the globe emerged as an opportunity for manufacturers to invest in ramping up the production of liquid dispensing pumps, with high demand for industrial, commercial, and household use, especially for hand cleaning, disinfecting, and body sanitization.
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Key Market Segments Covered
Product
• Cosmetic Liquid Dispensing Pumps
• Liquid Soap Solution Dispensing Pumps
• Medicinal Liquid Dispensing Pumps
• Toothpaste Liquid Dispensing Pumps
• Cleaning & Disinfectant Products Liquid Dispensing Pumps
• Others (Ketchup Dispensers, Paint Dispensers, etc.)
Dosage
• Up to 0.50 ml Liquid Dispensing Pumps
• 0.50 to 1.50 ml Liquid Dispensing Pumps
• 1.50 to 2.50 ml Liquid Dispensing Pumps
• Above 2.50 ml Liquid Dispensing Pumps
Design
• Liquid Dispensing Pumps With Caps
• Liquid Dispensing Pumps Without Caps
• End Use
• Liquid Dispensing Pumps for Cosmetics & Personal Care
• Liquid Dispensing Pumps for Food & Beverages
• Liquid Dispensing Pumps for Cleansing & Disinfectant Products
• Others (Multipurpose Usage, Pet Care, etc.)
Key Regions
• North America Market for Liquid Dispensing Pumps
• Europe Market for Liquid Dispensing Pumps
• Asia Pacific Market for Liquid Dispensing Pumps
• Middle East & Africa for Liquid Dispensing Pumps
• South America for Liquid Dispensing Pumps
Competitive Landscape
The aforementioned players rely on a blend of organic and inorganic strategies to deepen penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions, and strengthening of regional and global distribution networks.
Some Of the Key Market Players:
• Aptar, Inc.,
• NingBo Seng CZe Macrospray Co LTD,
• CLC Co. Ltd.
• Yoshino Kogyosho Co. Ltd.
• Knida Company Limited
• RAEPAK Ltd
• Rieke Packaging Systems Limited
• Dhiren Plastic Industry
• Indian Harness
• Redcom Packaging Private Limited
• Silgan Dispensing
• Mitani Valve
• Yuyao Shunlong Sprayer & Tech. Co. Ltd.
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Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of liquid dispensing pumps across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of liquid dispensing pumps during the forecast period. Price point comparison by region with global average price is also considered in the study.
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