The pump & dispenser market is poised for steady growth from 2022 to 2030, with a projected Compound Annual Growth Rate (CAGR) of 4.3%, propelling its value to US$ 12.4 billion by 2030.
The packaging industry is witnessing a swift rise in the popularity of pump and dispenser systems, driven by their efficacy as cost-effective dispensing solutions for liquid cosmetics and personal care products. Manufacturers are increasingly drawn to pump and dispenser technologies for their ability to minimize production costs and enhance profit margins, making them a focal point in the market.
In the global pump & dispenser market, trigger pumps are expected to lose market share only by 10 BPS of current market share as they are already at the matured side of the market. However, nearly 21% of the pump & dispenser market share is already captured by the trigger pumps segment. This is attributable to the robust demand for liquid soap applications in the different industries where trigger pumps are highly used.
The global pump and dispenser market is poised for growth, with North America taking the lead, closely followed by Europe and the Asian subcontinent. These regions are expected to drive the demand for pump and dispenser systems due to various factors, including industrial expansion, technological advancements, and increasing consumer awareness of hygiene and convenience.
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Even in regions like Latin America (LATAM) and the Middle East and Africa (MEA), there is a growing interest in pump and dispenser solutions, particularly in the context of maintaining cleanliness, hygiene, and efficient liquid or product dispensing.
The worldwide appeal of pump and dispenser systems is on the rise, as businesses and consumers alike recognize the advantages of these technologies. The convenience, accuracy, and cleanliness offered by pump and dispenser systems make them a sought-after solution in various industries, from healthcare and food services to manufacturing and retail. As a result, the global pump and dispenser market is anticipated to witness widespread demand and adoption in the forecast period.
The global demand for pump and dispenser systems is expected to surge across the board, reflecting a worldwide emphasis on cleanliness, hygiene, and convenience. As the global population becomes increasingly conscious of hygiene and the efficient distribution of various liquids and products, the pump and dispenser market is likely to see robust growth. This trend transcends geographical boundaries, making it a highly sought-after commodity worldwide during the forecast period.
Competitive Landscape
The global pump & dispenser market has key manufacturers focusing on providing customized solutions. The leading manufacturers operating in the global pump & dispenser market are focusing on maximizing production volume, expanding their reach globally, and providing sustainable pump & dispenser solutions.
- Aptar, in March 2020, came up with the very first certified recycled plastic beauty packaging approved by ISCC (International Sustainability and Carbon Certification).
- Aptar, in the year 2019, entered into partnership with MONAT for producing an exclusive dispensing of Studio One Strong Flexi-Hold Hairspray. It was also the recipient of 2019 ADF Innovation Award.
Key Players:
- Aptar Group, Inc.
- Rieke Corporation
- C.L. Smith Company
- DARIN CO., Ltd.
- Richmond Containers CTP Ltd.
- TAPLAST S.r.l.
- Frapak Packaging B.V.
- RAEPAK Ltd.
- PKP Plastic Products Inc.
- UNICOM International Ltd.
- Weltrade Pty Ltd.
- TYH Container Enterprise Co., Ltd.
- Zhejiang Sun-Rain Industrial Co., Ltd.
- ScopeNEXT Ltd.
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Key Takeaways from the Pump and Dispenser Industry Report:
- The pump and dispenser market is projected to grow at a CAGR of 4.3% between 2022 and 2030.
- East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics, and pharmaceuticals. Rising government initiatives to improve manufacturing are also expected to contribute to market growth.
- The increasing sale of products on e-commerce websites has created lucrative opportunities for manufacturers.
- Demand from the cosmetics and personal care segment will continue to rise throughout the forecast period.
- Fluctuating raw material prices of high-density polyethylene (HDPE) and polypropylene (PP) are expected to limit market growth
Pumps and dispensers are commonly used in packaging products such as creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage during dispensing and can be reused, making them sustainable options. The increasing demand for pump and dispensers for packaging and skincare is expected to drive market growth.
Pump & Dispenser Demand Analysis (2015 To 2021) Vs Market Outlook (2022 To 2030)
Trigger pumps have gained recognition as the leading product in this category, thanks to their lightweight nature, child-safe features, and user-friendly design, making them an economical choice for various commercial and household liquids. This widespread utilization of trigger pumps contributes significantly to the growth of the pump and dispenser market.
Furthermore, the cosmetics and personal care industries maintain a steady demand for pump and dispenser solutions, further propelling market expansion. The consistent need for efficient and precise dispensing in these sectors has a positive impact on the overall market.
In 2022, Europe is expected to account for around 33% of the global pump and dispenser market value share, primarily due to the presence of key industry players specializing in pump and dispenser technology within the region. This concentration of expertise in Europe cements its position as a major contributor to the global pump and dispenser market.
Smart Packaging Gaining Popularity
Capturing the attention of customers and prompting impulsive purchases, luxury packaging for beauty cosmetics and products like perfumes remains a focal point for manufacturers. Cosmetic and perfume brands prioritize premium packaging, often incorporating materials such as silk, leather, canvas, or wood to elevate buyer satisfaction and foster repeat purchases.
In the global market, the demand for luxury packaging in cosmetics and perfumes experienced a noteworthy year-on-year growth of 9.5% during the period from 2020 to 2021. This surge has a substantial impact on the sales of smart pumps and dispensers, integral for ensuring quality packaging that delivers the desired luxury aesthetic. Key players in the industry are actively expanding their product lines to incorporate innovative features such as matte varnishes, glitter coatings, pearlescent coatings, metallic sheens, and soft-touch effects in pump and dispenser systems, further enhancing the allure of luxury cosmetic packaging.
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Key Segments Covered In Pump & Dispenser Industry Research
By Product Type :
- Trigger Pumps
- Lotion & Cream Pumps
- Mist Spray Pump
- Bottle Top
- Crimp Dispenser
- Burette
- Others
By Material Type :
- Plastic
- Polyethylene (PE)
- High – Density Polyethylene (HDPE)
- Low – Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Others
- Metal
- Glass
By Application :
- Body Lotions
- Hand Care Lotions
- Reagents
- Perfumes & Deodorants
- Liquid Soap
- Shampoos & Conditioners
- Others
By End-use :
- Cosmetics & Personal Care
- Homecare
- Pharmaceutical
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