The mono material pump industry is projected to reach a value of USD 108.2 million in 2023, with expectations to surpass USD 186.6 million by 2033, achieving a steady compound annual growth rate (CAGR) of 5.6%. This growth is driven by increasing emphasis on plastic recyclability in response to rising concerns over plastic pollution.
The beauty and personal care sector is experiencing significant demand for cosmetic mono material pumps. Traditional pumps used in cosmetic packaging often pose recycling challenges, but mono material pumps offer a more sustainable alternative. These pumps are designed to facilitate easy dispensing of products like shampoos, lotions, and shower gels, allowing consumers to place the empty packaging directly into recycling bins.
The integration of mono material pumps in cosmetic packaging is poised to transform the beauty and personal care industry. Recyclable packaging has become a prevalent trend, and the innovation of mono material pumps is set to enhance this movement. Brands and retailers can leverage these developments to differentiate their products and strengthen their sustainability credentials.
Overall, the expanding beauty and personal care market is fueling growth in the mono material pump sector. Factors such as the rise in cosmetics and self-care products, an increase in brick-and-mortar stores, the growth of online sales channels, and the e-commerce boom are all contributing to this trend.
Key Takeaways:
- The polyethylene segment dominates the market with the highest value share in an estimated year. PET and PP are also mostly used in the market after PE. With a CAGR of 5.8% from 2022 to 2033, the PE segment is expected to dominate the mono material pumps market
- Haircare, skincare, and hair care products are the major users of mono material pumps. Increased demand for these products and rising focus on hygiene supplement the demand for the segment. With a CAGR of 4.9% from 2022 to 2033, the beauty & personal care industry segment is expected to dominate the mono material pumps market.
- The mono material pumps market in the United States is predicted to increase at a 4.5% CAGR.
- The mono material pumps market in India is estimated to expand at a CAGR of 7.0% by 2033.
- During the forecast period, the mono material pumps market in China is expected to secure a 6.5% CAGR.
- The mono material pumps market in the Japan is predicted to increase at 4.2% CAGR.
Key Players:
- APackaging Group
- AptarGroup, Inc.
- SeaCliff Beauty
- Rieke Packaging Corp. (TriMas Packaging)
- Albéa Beauty Holdings S.à.r.l. (Fasten)
- CVP Packaging
- Yuyao Caiyun Cosmetics Packaging Co., Ltd.
- HANA Innovation
- Berk Company
- DTS-EUROPE (Wista Packaging)
- ZHEJIANG UKPACK PACKAGING CO. LTD.
- SR Packaging
Key Segmentations of the Mono Material Pump Market
By Material Type:
- Polyethylene
- Polypropylene
- Polyolefin
- Polyethylene terephthalate
- Poly Vinyl Chloride
- Metal
- Others (Glass, etc.)
By Dispense Capacity:
- Up to 1 cc
- 1 to 2 cc
- Above 2 cc
By End-use Industry:
- Beauty & Personal Care
- Homecare
- Food & Beverage
- Pharmaceutical
- Others (Chemical & Fertilizer, Automotive, etc.)
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan & Baltic Countries
- Middle East & Africa
Report Preview: https://www.futuremarketinsights.com/reports/mono-material-pump-market
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