As per a new report by Future Market Insights, the global Foaming Pump Market is projected to surpass US$ 239.9 million in 2033 and showcase considerable growth at a CAGR of 4.4% in the forecast period (2023 to 2033). The market is anticipated to be valued at US$ 155.6 million in 2023.
Germany is showcasing exponential demand for foamer pumps, primarily driven by the rising popularity of foam-based products in the cosmetics and personal care industry. The market is expected to grow at a CAGR of 2.1% from 2023 to 2033, with Germany considered one of the leading markets for cosmetics and personal care products. The industry’s market valuation reached US$ 15 billion in 2021, and it is projected to continue growing, particularly with the increasing demand for high-end cosmetics among millennials. This surge in the cosmetics and personal care sector is a significant driver of the foamer pump market in Germany.
In the USA, foamer pump manufacturers are finding an ideal hub due to the increasing demand for over-the-counter hair care, sun care, and hand sanitizers. Over-the-counter sales of hand sanitizers, for instance, increased from US$ 191 million in 2017 to US$ 563 million in 2021. Similarly, retail sales of hair care products and sun care products also witnessed growth. These factors are set to boost the demand for foamer pumps in the USA, making it a lucrative market for manufacturers in this industry.
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Personal care industry across the globe has significantly established in the past decades. This growth is mainly attributed to increasing consciousness regarding one’s external appearance. High importance of taking care of skin and hair among the millennial population is another factor positively influencing expansion of the personal care industry. The personal care industry is also set to be propelled on the back of several social media influencers promoting the importance of following skincare and hair care routines.
Social media influencers generally have numerous followers. These influencers tend to collaborate with existing and new brands in the personal care industry to promote their products. These collaborations are expected to result in escalating demand for personal care products in the global market.
Foaming Dispenser Pump are still in the evolving stage with a consistent surge in terms of their applications and end uses. Numerous manufacturers are launching innovative foam-based products for body wash, face wash, and shampoo or conditioners to attract a large consumer base. As the personal care industry is expanding, demand for foamer pumps is anticipated to rise in the next ten years.
Key Takeaways from the Foamer Pump Market Report
- China foamer pump market is expected to generate a share of 7% by 2033.
- Japan foamer pump market is anticipated to hold a share of 9% in 2033.
- The USA foamer pump market is likely to capture around 88% of the North America market share by 2023.
- Based on material, the plastic segment is anticipated to expand 6x the current market value from 2023 to 2033.
- In terms of application, the hand sanitizers segment is projected to hold about 26% of the global foamer pump market share during the assessment period.
“High demand for foam-based products in personal care, cosmetics, and homecare industries is set to accelerate the demand for foamer pumps. Availability of advanced foamer pumps and surging trend for environmentally responsible packaging solutions are a few other factors boosting sales in the market,” says a lead analyst at Future Market Insights.
Surging Demand for Hand Sanitizers to Bolster Foamer Pumps Sales
The pandemic has drastically raised awareness regarding the importance of using hand sanitizers frequently. In the past five years, demand for hand sanitizers reached an all-time high as they help not only in reducing the chances of getting infected by viruses, but also in removing most of the harmful germs that might cause viral or bacterial diseases.
Till date, public places in several parts of the world have made it mandatory to either sanitize one’s hands before entering or even carrying a personal sanitizer. Few alcohol-based sanitizers available in the market are not very good for the skin, especially for children if used frequently.
This has been a cause of concern for several consumers. To solve this problem, numerous key players in the industry have started offering alcohol-free foam-based sanitizers. Key brands in the field of hand sanitizers such as PURELL, Palm Safe, and Hygiene Labs among others offer foam-based hand sanitizers. Surging popularity of foam-based sanitizers is expected to boost demand for foamer pumps in the global market.
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Competition Landscape: Foamer Pump Market
Key players operating in the foamer pump market are
- AptarGroup, Inc.,
- Silgan Holdings Inc.,
- Rieke Corporation (Trimas Packaging),
- Frapak Packaging B.V.,
- Richmond Containers CTP Ltd.
Few of the other noticeable players in the market include
- Weltrade Pty Ltd.,
- APackaging Group,
- SGC Closures,
- Matsa Group Ltd.,
- ScopeNEXT Ltd.,
- Quadpack, Apollo Industries Co.,
- others.
A few of the recent industry developments by leading players in the market are:
- In August 2022, Takemoto Yohki Co., Ltd introduced a new bottle for a foamer pump manufactured from plant-based polyethylene terephthalate material.
- In September 2021, Silgan Holdings Inc. announced the acquisition of Unicep Packaging, a renowned manufacturer of dispensing solutions for skincare, personal care, and other market segments.
- In July 2021, Trimas Packaging announced that the company’s Rieke brand has developed and patented a unique fully recyclable dispenser pump, which is manufactured from an individual polymer grade resin.
Burgeoning Demand for Foam-based Personal Care Products for New Born Babies to Boost Sales
The baby care product market has become an attractive industry for the application of foamer pumps. Foamer pump application in baby care products such as body wash, soaps, and shampoo is expected to create new growth opportunities for the foamer pump market.
Considering the rising rate of births, foamer pump sales are expected to increase in the next ten years. Preference for foaming bathing products for babies due to easy convenience in handling would help the foamer pump market to grow.
Foaming pumps help during the application of products on babies efficiently and they can control the amount of product applied on skin. Attractive packaging of foaming bathing products for babies due to the application of foamer pumps is set to propel the market value.
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Foamer Pump Market Outlook Segmentations-
By Pump Type:
- Squeeze Foamer Pumps
- Dual Chamber Foamer Pumps
- Table Top Foamer Pumps
- Handheld Foamer Pumps
By Material:
- Plastic
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Metal
By Application:
- Hand Sanitizer
- Face & Body Wash
- Sunscreen
- Shampoos & Conditioners
- Other Applications (Paint, Polish, Coating)
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Get Exclusive Insights into the Foamer Pump Market Report
Future Market Insights, in its new report, offers an unbiased and thorough analysis of the global foamer pump market, analysing historical demand from 2015 to 2022 and forecast statistics for 2023 to 2033. The study reveals market growth projections for the foamer pump market based on pump type (squeeze foamer pumps, dual chamber foamer pumps, table top foamer pumps, handheld foamer pumps), material (plastic, metal), application (hand sanitizer, face & body wash, sunscreen, shampoos & conditioners), and regions.
About the Packaging Division at Future Market Insights
The packaging divisi on at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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.
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