According to FMI, the airless pumps market is projected to reach over US$ 422 million by 2033, with a compound annual growth rate (CAGR) of 5.3% between 2023 and 2033. This surge in demand is expected to generate total sales of approximately US$ 251.5 million in 2023.
Germany’s prominence in the airless pumps market is undeniable, with a substantial 3.6% share of the global market in 2022. Forecasts indicate that by 2033, Germany will continue to be a key player in the European airless pumps market.
The driving force behind this growth is the thriving cosmetics industry in Europe, which has consistently expanded over the past decade. Consumer preferences for high-end cosmetic brands, coupled with the growing emphasis on appearance among millennials, are contributing significantly to the industry’s success.
As reported by Cosmetics Europe, a prominent personal care association, in 2019, Germany’s contribution to the European cosmetics and personal care products market stood at a remarkable US$17 billion. This is a testament to the nation’s pivotal role in the industry.
Furthermore, the wide-ranging applications of airless pumps in the personal care and cosmetics sectors, combined with the presence of key airless pump manufacturers in Germany, continue to fuel robust demand. These factors together underscore the vital position of Germany in the thriving airless pumps market.
Request Free Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13418
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Airless Pumps market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global Airless Pumps market. Some of the players in the global Airless Pumps market are
- Albéa S.A.
- Richmond Containers CTP Ltd
- Frapak Packaging B.V.
- Rieke Corporation
- Raepak Ltd.
- Unicom International Ltd.
- APackaging Group
Key Airless Pumps Market Takeaways and Projections
- The U.S. is expected to lead the North America Airless Pumps market, projecting the fastest growth in the region between 2023-2033
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2033.
Latest Developments-
- In January 2023, APF Futurity is the first metal-free, multi-dose nasal spray pump created by Aptar Pharma, a division of AptarGroup, Inc. It is developed to administer nasal saline and other equivalent over-the-counter (OTC) formulations.
- In July 2020, AptarGroup Inc. broadened its PCR dispensing portfolio in North America with two new airless pump launches.
Report Benefits & Key Questions Answered
- Airless Pumps Historical Market Analysis: The detailed survey by FMI, examines key factors in the Airless Pumps market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Airless Pumps market for the forecast period 2023-2033.
- Airless Pumps Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
- Airless Pumps Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Airless Pumps for the assessment period. As per the study, the demand for Airless Pumps will grow at a robust CAGR between 2023-2033.
- Airless Pumps Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Airless Pumps market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
- Airless Pumps Market Trend Analysis: The latest study by FMI on the Airless Pumps market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-13418
Airless Pumps Market: Market Segmentation
By Pump Type:
- Multi Chamber Airless Pumps
- Handheld Airless Pumps
By Material:
- Plastic
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Others
- Metal
By Application:
- Body Lotions
- Hand Care Lotions
- Makeup
- Perfumes & Deodorants
- Liquid Soap
- Shampoos & Conditioners
- Other Applications
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube