Foamer Pump Market will grow by 4.2% CAGR as Demand Increases in Cosmetics and Personal Care Industries
According to the latest report published by Future Market Insights (FMI), the sales of foamer pumps is anticipated to grow 1.5 times between 2021 and 2031. Growing usage of foamer pumps for packaging in cosmetics and personal care industries is expected to drive sales in the global foamer pumps market.
Foamer Pump Market
A recent market report published by FMI on the foamer pump market provides global industry...
Currently, the maximum market share in the foamer pump market is covered by the atmospheric foam dispensers. These foam dispensers are very effective in dispensing contents evenly, however, airless foam dispensers are considered more efficient. Airless foamer pumps can dispense around 95% of the content from the packaging without any hassle, which is considerably higher than atmospheric foam pumps.
As many of the personal care and cosmetic products, which are available in the foam-based form, are premium and generally more expensive, airless foam pumps are highly desirable for packaging because they dispense maximum contents. Furthermore, as airless systems prevent the exposure to air, the quality of the product remains intact for a longer period.
Steered by aforementioned benefits, consumers are shifting towards the airless foam dispensers. Manufacturers in the foamer pump market have the opportunity to expand their product portfolio by covering airless foam dispensers and capitalize on their elevating demand in the market.
Key Takeaways from Foamer Pumps Market
- Handheld foamer pumps are most popular across the globe and are anticipated to hold 35% of the foamer pump market share in 2021.
- Due to the rising awareness regarding importance of maintaining personal hygiene, frequent sanitizing of hands has become common across the world. Amidst COVID-19 outbreak, the demand for hand sanitizers has skyrocketed, catapulting then as the largest end-use application of foamer pumps across the globe.
- Europe is expected to be the largest market for foamer pumps, accounting for almost 30% of the market share in 2021.
- Sales in Germany will continue supporting expansion in Europe. Within the U.K., the demand for foamer will grow by 4% year-on-year in 2021.
- South Korea is expected to emerge as a highly lucrative market for foamer pump in East Asia. The sales of foamer pump will grow by 2 times its current valuation in South Korea by 2031.
“Expansion of cosmetics & personal care industry will fuel the demand for foamer pumps. Besides this, application is expected to increase in the healthcare and pet care industries, enabling growth in the market through the assessment period,” says FMI analyst.
Increasing Sanitizers Sales Giving Tailwinds to Foamer Pumps Demand
People have become more aware about personal health and hygiene following the unprecedented COVID-19 outbreak. This also has resulted in frequent use of hand sanitizers as a common means to prevent the spread of infection. As a result, in the past year, the demand for sanitisers reached an all-time high.
Even as lockdowns and restrictions are being lifted, maximum number of public places have made it mandatory to either sanitize hands before entering or carry a personal sanitizer. This is being strictly followed by many institutions and organizations to prevent any spread of the virus.
Rising sales of sanitizers has compelled manufacturers to offer user-friendly and convenient packaging to offer easier dispensing of liquid and minimum wastage. This has in turn fuelled the application of foamer pump in packaging of hand sanitizers.
Foamer Pumps Market Landscape
Some of the key players dominating the global foamer pumps market are Albéa S.A., AptarGroup, Inc., Silgan Holdings Inc., Richmond Containers CTP Ltd, Frapak Packaging B.V., Raepak Ltd., Unicom International Ltd., Weltrade Pty Ltd., APackaging Group, Rieke Corporation, Sun-Rain Sprayer Co., Ltd., ScopeNEXT Ltd., Luencheong Dispensing Pump Ltd. (CLC), Matsa Group Ltd. And O. Berk Company, LLC.
Foamer Pumps Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the foamer pumps market, analysing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the foamer pumps market based on pump type (squeeze foamer pumps, dual chamber foamer pumps, table top foamer pumps, handheld foamer pumps), material (plastic (polyethylene, polyethylene terephthalate, polyvinyl chloride, polypropylene and others), metal), application (hand sanitizer, face and body wash, sunscreen, shampoo and conditioners and other applications), across six regions.
About Packaging Division at Future Market Insights
The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ 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 (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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