About the Report
The pump and dispenser market is witnessing impressive growth. The demand for pump and dispenser has surged considerably in response to the increasing sales of hand wash and sanitizers amid COVID-19. With governments around the world issuing guidelines for proper sanitization to contain the spread of the virus, sales of pumps and dispenser are poised to increase significantly in the coming years. Besides this, the market will capitalize on rising demand in homecare, automotive, pharmaceutical, cosmetics & personal care, and other industries.
Driven by rising demand from end-use industries such as cosmetics and personal care, homecare, pharmaceutical, chemicals, and fertilizers, automotive, the pump and dispenser market is exhibiting significant growth.
Dispensing solutions often enable brands to offer extra functionality to their packaging. Consequently, an increasing number of brands are seeking to capitalize on value capture opportunities by offering innovative dispensing solutions with better functionality and convenience. This also is helping brands to build equity in highly saturated markets for consumer goods.
Future Market Insights (FMI) has forecast the market for pumps and dispensers to grow at a CAGR of 4.3% between 2020 and 2030.
Product Usability and Convenience Spurring Growth Opportunities
Brand owners from the fast-moving consumer goods sector are seeking out pumps and dispensers to add value to their products through convenient packaging. There is immense focus on packaging solutions that offer brands owners a scope for differentiation through dispensing functionalities such as easy press, twist, pull, or push mechanism, and others.
To cater to this rising demand, manufacturers of pumps and dispensers are forging partnerships with applied science faculties to guarantee that the best scientific data is employed for the design of dispensers. For example, Guala Dispensing relies on collaborations with research institutes in Italy for designing their products. This is emerging as an active strategy for small- or medium-sized dispenser manufacturers and is paving the way for the exponential growth of the market.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Rising Demand for Airless Dispensers
With growing awareness regarding how crucial it is to use uncontaminated products, the market is witnessing a surge in demand for airless dispensers. Besides this, the increasing demand for premium range products across various sectors including cosmetics, homecare, and pharmaceuticals is creating growth opportunities for the market.
Furthermore, rising demand for zero wastage packaging solutions from end-use industries, particularly from cosmetics and personal care and pharmaceutical, is fuelling the demand for airless packaging.
COVID-19 Results in Sluggish Growth
The COVID-19 pandemic has posed a mixed impact on the overall outlook of the pump and dispenser market. From supply chain disruptions to lack of machine operators due to restrictions imposed by governments to ensure the safety of employees, the market is dealing with several short-term challenges.
Owing to transportation restrictions, pumps and dispensers manufacturers reported a shortage of raw materials. Additionally, during the initial phases of the pandemic, major end-use industries were shuttered during extended period of lockdown. As a result, there was a fall in demand which hit the market severely.
On the flip side, rising awareness regarding hygiene due to the pandemic is further expected to augment the growth of the pump and dispenser market during the forecast period. The increasing use of liquid soap and spray sanitizers is forecast to create numerous growth opportunities market.
In February 2020, a U.K. based online pharmacy Medino reported that it registered a whopping 1000% increase in number of people buying hand sanitizers between November 2019 and February 2020. This trend has surged exponentially since then, creating lucrative prospects for the market’s expansion during COVID-19.
High initial cost of the products such as mist spray pumps is expected to hamper the growth of the market. Besides, lack of product awareness amongst the rural users is another critical factor that is restraining the market. Also the fluctuating cost of raw materials could hamper the growth of the market to an extent.
East Asia Pump and Dispenser Market
East Asia accounts for the largest share in the market in terms of value. Growth witnessed in the region is due to the expansion of the cosmetics and personal care industry in the region. According to a new report by J. P. Morgan, beauty sales in China has increased by 12.9% in 2018. This statistics represents improved scope for the growth of pumps and dispenser market in East Asia.
Besides this, the market in East Asia is gaining immense popularity globally due to the frequent launch of innovative products by leading players. For instance, in September 2020, Japan-based Kao Corporation produced the Raku-raku Switch, which dispenses a fixed quantity of liquid content with a single gentle push. This packaging design also decreases plastic use by nearly 50% in contrast to conventional plastic bottles with a pump dispenser.
Furthermore, the growing population of middle-income consumers in the region is augmenting the growth of several end-use industries such as cosmetics and personal care, automotive, chemicals and fertilizers, and pharmaceuticals. This is directly posing a positive impact on the growth of the market in East Asia. For instance, in China, as the population is highest, consistent efforts are undergoing to satisfy the rising food demand of the growing population.
The United Nations Food and Agricultural Organization (FAO) earlier stated that global fertilizer use will rise by 1.4% each year between 2014 and 2018, with China holding 18% of that growth. Consequently, the rising use of fertilizers in countries with a growing population will fuel the demand for pumps and dispensers during the forecast period.
Europe Pump and Dispenser Market
Europe is a lucrative market for pumps and dispensers. According to the European Aerosol Production, in 2019, about 1.8 billion aerosol unit cans were manufactured for deodorants in Europe, which were highest amongst all the personal care units. As a result, large-scale orders for pumps and dispensers were recorded, which led to the remarkable growth of the market in Europe.
Besides this, the implementation of various measures by countries to contain and prevent the spread of the COVID-19 pandemic is also benefitting the market. For instance, GripHero bagged the contract for the installation of its dispensers across 96 EKO Cyprus forecourts to prevent the spread of COVID-19.
North America Pump and Dispenser Market
North America is one of the attractive markets for pumps and dispensers. The region is home to some of the leading home care and cosmetics brands. These companies often focus on designing exclusive packages for their products to gain traction amid competition.
The market is currently witnessing a rise in demand for recyclable packaging. As a result, leading players from several end-use industries are partnering with pumps and dispensers manufacturers. For instance, in 2019, P&G owned haircare brand, Herbal Essences, collaborated with TerraCycle to formulate a recyclable packaging made with 25% beach plastic for shampoo and conditioner.
Mist Spray Pump Emerges Dominant
Triggers pumps are leading the market in terms of product type. However, FMI has projected that the mist spray pump segment will emerge dominant by the end of the year 2030. As mist spray pumps are available in the market in various shapes, sizes, and materials, they are gaining immense popularity among others. Owing to their design, mist sprays are often used for various type of bottles to offer a leak-proof packaging solution.
Plastic Remains Lead
Based on material type, the demand for plastic is significantly high. Driven by high demand for polypropylene, the plastic segment is expected to remain lead during the forecast period. Growth registered in this segment is attributable to the various advantages of plastic over other segments.
Plastic is more durable and lighter, which make its transportation easier and cheaper. As a result, pump and dispenser manufacturers prefer plastic. Besides bthis, consistent researches are being carried by manufacturers to develop and produce recyclable plastic. This is also benefitting the market.
Liquid Soap Leads by Application
The liquid soap category will continue exhibiting high demand for pumps and dispensers. The segment is forecast to remain dominant through the assessment period, which is attributable mainly to the rising awareness of the importance of hygiene.
The COVID-19 pandemic is creating positive opportunities for the growth of this segment since the sales of liquid soaps has exponentially surged amid the crisis. According to the NPD Group, the sales of prestige and luxury hand soaps have increased exponentially amid COVID-19.
As the U.K. citizens follow government guidelines on hand washing, the demand for hand soaps and liquid soaps are unlikely to subside anytime soon. Similar trend is recorded worldwide, which is enabling growth in the category.
Cosmetics and Personal Care Dominates by End Use
By end use, the cosmetics and personal care segment is projected to lead the market during the forecast period. Changing lifestyle of the consumers is leading to a rise in demand for beauty products is enabling growth in the market. FMI has forecast the industry to account for over 30% of the market in 2020.
Growth trends in the segment will remain positive through the forecast period. However, FMI has projected growth to happen at a higher pace in homecare and automotive sectors.
Competition in the market for pumps and dispensers is getting fiercer. The market offers immense scope for the entry of new players, which is making it more competitive. Companies operating in the market are therefore focusing on strategic collaborations to gain competitive edge.
For instance, in August 2017, HCP Packaging (US-based) acquired RUSI Cosmetic GmbH & Co. KG (Germany-based) which is a cosmetic packaging solution provider company. This acquisition strengthened the production capacity of the company in Europe and presented opportunities to expand its product portfolio for airless packaging.
In today's scenario when eco-friendly products are on top of the list and manufacturers are trying to produce recyclable products to establish their stronghold in the market. For instance, in March 2020, Aptar (US-based), after thorough research, manufactured the world's first certified recycled plastic beauty packaging. The product was approved by the International Sustainability and Carbon Certification (ISCC). It is also employed in the relaunch of REN Clean Skincare's moisturizer, EVERCALM Global Protection Day Cream. This plastic is prepared in a way so that it is fit for both packaging for food and cosmetics.
Players are also focusing on partnerships to offer unique packaging. For instance, Aptar Beauty + Home partnered with hair care brand MONAT to produce a unique dispensing of Studio One Strong Flexi-Hold Hairspray. The product also received the 2019 ADF Innovation Award.
Some of the leading players operating in the market include
- 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.
The list is only indicative – a full list of pump and dispenser market key players is available upon request
Pump and Dispenser Market Report: Scope
Historical Data Available for
Growth Rate (2020-2030)
US$ Mn for Market Value and Units for Volume
Key Regions Covered
North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa, Oceania
Key Segments Covered
Product Type, Material Type, Application, End Use
Key Companies Profiled
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.
Market Forecast, Competitive Landscape, Country-wise and Category-wise Insights, COVID-19 Impacts, Key Trends, Key Challenges
Customization & Pricing
Key Questions Answered by the Report
- At what rate the pump and dispenser market is forecast to grow?
According to FMI, the market is expected to rise at 4.3% CAGR between 2020 and 2030.
- Which is the largest market for pump and dispenser?
East Asia is the leading market for pumps and dispensers. Growth registered in the region is driven by growing cosmetics and personal care industry. Besides this, growing population in the region is augmenting the growth of several end-use industries such as cosmetics and personal care, automotive, chemicals and fertilizers, and pharmaceuticals. This is directly posing a positive impact on the growth of the market in East Asia.
- Which are the top companies in the pump and dispenser market?
Some of the leading companies operating in the pump and dispenser market are 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., and ScopeNEXT Ltd. among others.
- What are the key challenges witnessed in the pump and dispenser market?
High initial cost of the products such as mist spray pumps is expected to hamper the growth of the market. Lack of awareness about the product among consumers located in remote areas is another critical factor that is restraining the market
- Which is the most lucrative product in pumps and dispensers market?
According to FMI, the trigger pumps segment is leading the market in terms of product. However, the demand for mist spray pumps is expected to rise at a higher pace in the coming years.
Enquiry before Buying
- Is this research conducted by Future Market Insights?
Yes, the report on the pump and dispenser market has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
- What research methodology is followed by FMI?
FMI follows a methodology that encompasses demand-side assessment of the market and triangulates the same through supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions. Request detailed methodology.
- Who are the respondents for primary research?
FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.
- What are the sources of secondary research?
FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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- Trigger Pumps
- Lotion & Cream Pumps
- Mist Spray Pump
- Bottle Top
- Crimp Dispenser
- Polyethylene (PE)
- High – Density Polyethylene (HDPE)
- Low – Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polyethylene (PE)
- Body Lotions
- Hand Care Lotions
- Perfumes & Deodorants
- Liquid Soap
- Shampoos & Conditioners
- Cosmetics & Personal Care
- Chemicals & Fertilizers
- North America - U.S., Canada
- Latin America - Mexico, Argentina, Brazil, Rest of Latin America
- Europe – Germany, Italy, France, U.K., Spain, BENELUX, Russia, Rest of Europe
- Middle East and Africa – GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA
- East Asia - China, Japan, South Korea
- South Asia - India, Thailand, Malaysia, Indonesia, Rest of South
- Oceania – Australia, New Zealand