As per a new report by Future Market Insights, the global foamer 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.
Foamer pumps have emerged as the go-to choice for dispensing hand sanitizers and soaps, offering unparalleled convenience and user-friendliness. Renowned for their ability to create visually pleasing foams, these pumps are becoming increasingly popular in the realm of personal hygiene. Their widespread adoption is fueled by a myriad of benefits, including ease of use and a longer product lifespan.
With growing awareness surrounding personal hygiene and safety, consumers are gravitating towards hand cleansing products, further propelling the demand for foamer pumps in this segment.
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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.
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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.
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.
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., and 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., and others.
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)
About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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