The global mist sprayer pumps market is poised to achieve a valuation of US$1.47 billion in 2023. The market’s growth prospects are further enhanced by customization and branding, contributing to an anticipated Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033. By 2033, the market is predicted to reach approximately US$2.3 billion. This growth is underpinned by the rising popularity of functional and versatile packaging in the beauty and personal care industry.
In response to consumers’ demand for convenience and efficiency, the industry is embracing multi-purpose packaging. Mist sprayer pumps are pivotal in this shift, enabling brands to innovate packaging designs that accommodate multiple formulations in one container. This trend resonates with modern consumers leading busy lives, as it simplifies beauty routines. A single bottle with mist sprayer technology can encompass toner, essence, and setting spray, streamlining application and minimizing the number of products.
For travelers, mist sprayer pumps integrated into multi-functional packaging provide a compact solution. Such packaging consolidates toner, serum, and moisturizer into a single, spill-resistant container, optimizing space in luggage and ensuring easy access to essential skincare or cosmetic items during travel.
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Key Takeaways from the Market Study
- The global mist sprayer pumps market was valued at US$ 1.4 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.1%.
- Europe is expected to hold a dominant CAGR of 4.7% during the forecast period.
- By type, diaphragm pumps segment is expected to constitute a CAGR of 4.7% in 2033.
- On the basis of sales channel, online segment is expected to dominate the market with a CAGR of 4.7% in 2033.
- From 2023 to 2033, mist sprayer pumps market is expected to flourish at a CAGR of 4.8%.
- By 2033, the market value of mist sprayer pumps is expected to reach US$ 2.3 billion.
“Sustainability and eco-friendly packaging, across the globe, is a major factor that is expected to propel the growth of the mist sprayer pumps market in the near future,” remarks an FMI analyst.
Competitive Landscape
Prominent players in the mist sprayer pumps market are Bans Group of Companies, Easter Cosmetic Packaging, Aptar Group, Inc., Visann Spraytech, Rieke Corporation, Vitrag Corporation, Aroma Ind., Frapak Packaging, TriMas Corporation, Guala Group, Knida Company Limited, and Yuyao Shunlong Sprayer & Tech. Co., Ltd., among others.
Recent Developments:
- In 2022, Rieke Packaging launched a new line of high-precision mist sprayer pumps for the pharmaceutical and medical markets.
- In 2021, AptarGroup launched a new line of high-performance mist sprayer pumps for the beauty and personal care markets.
- In 2020, Tri-Seal, which operates under Tekni-Plex India Pvt. Ltd., invested US$ 1 million in a new closure liner manufacturing facility of about 8000 sq. meters in Greater Noida, India.
Market Segmentation:
On the basis of type:
- Diaphragm Pumps
- Centrifugal Pumps
On the basis of Application:
- Cosmetics
- Agriculture
- Pharmaceuticals
- Food & Beverages
- Industrial
- Cleaning & Disinfecting
- Personal Care
On the basis of Sales Channel:
- Online
- Retail
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