Press release
Pump & Dispenser Market reaching US$ 12.4 Bn by the year 2030 at a CAGR of 4.3%
Pump & Dispenser Market
Some of the key players in the pump and dispenser market are Aptar Group, Inc., Rieke Corporation, C.L. Smith Company, DARIN CO., Ltd., Richmond Containers CTP Ltd. TAPLAST S.r.l. Frapak Packaging B.V. RAEPAK Ltd. PKP Plastic Products Inc. UNICOM International Ltd. Weltrade Pty Ltd. TYH Container Enterprise Co., Ltd. Zhejiang Sun-Rain Industrial Co., Ltd. ScopeNEXT Ltd.
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Key Takeaways from Pump and Dispenser Market Report
The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2022-2030 East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics and pharmaceuticals. Rising government initiatives to improve manufacturing is also expected to contribute towards market growth Increasing sale of products on ecommerce websites has created lucrative opportunities for manufacturers Demand from cosmetics & personal care segment will continue rising through the forecast period Fluctuating raw material prices of high density polyethylene (HDPE) and polypropylene (PP) is expected to limit market growth
Pump and dispensers are usually used in packaging products like creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage while dispensing and can be reused, making them sustainable options. Increasing demand for pump and dispensers for packaging and skin care is expected to propel growth in the market.
"Consumers around the world are embracing packaging that offers superior functionality and dispensing solutions. This has been encouraging market players to focus on novel designs that offer better convenience and functionality while ensuring lesser wastage of products. For instance, Raepak and Aptar have developed a unique cap design that can measure the exact amount of liquid detergent dispensed in a single squirt," says an analyst at FMI.
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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Pump & Dispenser Market.
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Develop/modify business expansion plans by using substantial growth offering developed and emerging Pump & Dispenser Market.
Scrutinize in-depth Pump & Dispenser Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry vertical
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COVID-19 Impact Analysis
The COVID-19 pandemic has disrupted various industries including the pump and dispenser market. The lack of raw materials saw a decline in production. The market experienced a -0.4% CAGR during 2022. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.
Who Is Winning?
Companies operating in the market are focusing on developing technology and creating innovations to improve the production process. Some are even adopting more sustainable methods by using recycled materials. In 2021, Silgan Dispensing launched products created using post-consumer recycled (PCR) plastic, in order to improve sustainability and create an eco-friendly initiative.
Valuable Insights into The Pump and Dispenser Market Report
Future Market Insights (FMI) has presented a detailed analysis on the pump and dispenser market with the inclusion of an assessment for the years 2022-2030. The market has been divided into several segments in order to provide an insightful analysis.
On the basis of the product type, the market is divided into trigger pumps, lotion & cream pumps, mist spray pumps, bottle top, crimp dispenser, burette and others. Based on the application, the market is divided into body lotions, hand care lotions, reagents, perfumes & deodorants, liquid soap, shampoos & conditioners and others.
The market is segmented based on material type into plastic, metal and glass. The plastic segment is further divided into polyethylene (high density polyethylene (HDPE) and low density polyethylene (LDPE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP) and others.
On the basis of end use, the market is divided into cosmetics & personal care, homecare, pharmaceutical, chemicals & fertilizers, laboratories, automotive and others. The market is segregated based on geography into North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania.
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Key Segments Covered In Pump & Dispenser Industry Research
By Product Type :
Trigger Pumps
Lotion & Cream Pumps
Mist Spray Pump
Bottle Top
Crimp Dispenser
Burette
Others
By Material Type :
Plastic
Polyethylene (PE)
High - Density Polyethylene (HDPE)
Low - Density Polyethylene (LDPE)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Others
Metal
Glass
By Application :
Body Lotions
Hand Care Lotions
Reagents
Perfumes & Deodorants
Liquid Soap
Shampoos & Conditioners
Others
By End-use :
Cosmetics & Personal Care
Homecare
Pharmaceutical
Chemicals & Fertilizers
Laboratories
Automotive
Others
By Region :
North America Pump & Dispenser Market
Latin America Pump & Dispenser Market
Europe Pump & Dispenser Market
East Asia Pump & Dispenser Market
South Asia Pump & Dispenser Market
Oceania Pump & Dispenser Market
Middle East & Africa (MEA) Pump & Dispenser Market
Contact:
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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