Favorable government policies and expansion of online presence by leading market players are enabling growth in the pump and dispenser market, finds Future Market Insights (FMI) in a new study. Demand for pumps and dispensers has surged considerably in the last few months and the trend is likely to continue through near-term assessment period in response to the increasing sales of hand washes and spray sanitizers amid COVID-19.
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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.
Some of the key players in the pump and dispenser market are Nature Home Decor, Creative Home, Mason Jar Lifestyle, Perfume Studio, Toilet Tree Products, Youngerbaby, Rail, Hayward, Kleine Wolke, LOGAN, CJH, VCCUCINE and ZmOffers.
“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.
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 2020. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.
Key Segments
Product Type
- Trigger Pumps
- Lotion & Cream Pumps
- Mist Spray Pump
Material Type
- Plastic
- Metal
- Glass
Application
- Body Lotions
- Hand Care Lotions
- Reagents
- Perfumes & Deodorants
End Use
- Cosmetics & Personal Care
- Homecare
- Pharmaceutical
Key Takeaways from Pump and Dispenser Market Report
- The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2020-2030
- 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
Enquiry before Buying
- Is this research conducted by Future Market Insights?Yes, the report on the pump and dispenser market has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
- What research methodology is followed by FMI?FMI follows a methodology that encompasses demand-side assessment of the market and triangulates the same through supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions. Request detailed methodology.
- Who are the respondents for primary research?FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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