An applicator tip is one of the most versatile products available across a wide variety of industries. Purchasing applicator tips is a good budget-friendly option for every application in the market. Due to the rise in the concern over germs and bacteria, along with the advent of covid-19, applicator tips are turning out to be one of the most important products at home.
After the covid-19 epidemic erupted, many consumers began looking for applicator tips with hygienic properties to minimize their exposure to germs and maintain cleanliness in their beauty regimens.
As a means of simplifying the application of creams to the skin, manufacturers are integrating applicator tips into their jar caps, which are easily accessible, to simplify the application process in the market. The use of integrated applicators on tubes is becoming increasingly common, but manufacturers are also looking to bring new developments in the cosmetic industry with the help of applicator tips in the market.
As DIY beauty treatments become increasingly popular, cosmetics with applicator tips become increasingly popular, which drives the growth of the industry. As a result of technological advancements, a new type of applicator tip with enhanced performance and characteristics is currently being developed to meet the demands of this product.
As awareness is being raised about these applicator tips throughout the art industry, the market demand for these applicators can be expected to grow in the paint and coatings industry. With the growing concern about disposable medical products used in the medical field, the market for dental applicator tips is booming. It is commonly used in nature to apply sealants, etchants, resins, hemostatic agents, and bonding agents using applicator tips.
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Applicator Tips Market – Key Players
The key players in the applicator tips market are
- Designetics Inc.,
- Microbrush International, Ltd.,
- James Alexander Corporation,
- TMP Technologies, Inc.,
- Ada Products Company, Inc.,
- HTI Plastics, Inc.
The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.
Applicator Tips Market – Dynamics
Some of the major drivers for the applicator tips market are: intensive use across several industrial verticals leading to the burgeoning demand for the applicator tips, continuous innovation causing production of more user friendly products resulting in increasing customer numbers reflecting in increasing demand for the product.
The manufacturers in the applicator tips market are keenly involved in developing new, attractive and user friendly products by using different materials like foam, cotton, wool, sponge, etc. The global cosmetics industry is anticipated to grow at 4% yearly which is expected to translate into the increasing demand for the allied products such as applicator tips between 2017 & 2025.
Asia Pacific has emerged as a hub for the pharmaceutical industry over past few decades. The demand for the allied products in the industry is therefore anticipated to witness a hike in terms of growth over the forecast period in the region.
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Applicator Tips Market – Region Wise Outlook
On the basis of geographical regions, the global applicator tips market is divided into following regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
The concern for cost effective and user friendly products in day to day life is expected to drive the applicator tip market throughout the forecast period.
The applicator tips are used to reduce the amount of product being applied and in parallel also allows the product to be applied at the targeted area minimizing the time consumption and product wastage. India and China, the two emerging economies of Asia Pacific, with evolving life style of its consumer reflecting in more consumption of cosmetics and allied products are anticipated to impact positively on the applicator tips market in terms of demand throughout the forecast period.
North America has been an established market for past few decades and therefore is anticipated to follow Asia Pacific in the applicator tips market over the forecast period.
Applicator Tips Market – Segmentation
Based on material type, applicator tips market is segmented into:
- Metals
- Aluminium
- Stainless steel
- Plastics
- Fibers
- Foam
- Cotton
- Wool
- Others
Based on end use, applicator tips market is segmented into
- Cosmetics & Personal Care
- Healthcare
- Automotive
- Others
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