Pump and Dispenser Market to Reach USD 14.8 Billion by 2035 with a 4.3% CAGR: Driven by Innovatio...
The UK's pump and dispenser market is projected to grow at a 4.0% CAGR. Read What Makes Pumps and Dispensers Ideal Dispensing Solutions in Cosmetics and Personal Care, Home Care, and Other Industries Globally The UK's pump and dispenser market is projected to…
The Expanding Global Pump and Dispenser Market: A Comprehensive Analysis
Drivers of Growth
The global pump and dispenser market is poised for significant growth, driven by:
- Increasing demand for efficient dispensing in cosmetics, automotive, chemical, and industrial sectors
- Rising interest in convenient and user-friendly packaging
- Growing need for advanced liquid pumping devices in the chemical industry
- Availability of heavy-duty pumps and dispensers suitable for laboratory reagents, industrial chemicals, oils, and more
- Surging demand for sanitizer and lotion dispensing pumps
- Development of novel pumps and dispensers with features like automated dispensing
- Booming e-commerce sector
- Decline in pump and dispenser prices
Market Trends
Key market trends include:
- Growing focus on convenience and hygiene
- Innovation in liquid dispensing technologies, including pumps
- Surging demand for industrial pumping systems and dispensing machinery
- Escalating popularity of automatic dispensing solutions, including automatic soap dispensers
- Rising need for sustainable and eco-friendly packaging solutions globally
- Increasing demand for automatic water dispenser pumps
- Development of novel pumps and other fluid delivery systems
According to a Lead Consultant at Future Market Insights (FMI), Ismail Sutaria, "The pump and dispenser market is witnessing robust growth, driven by increasing demand in personal care, food, and industrial sectors. With rising focus on convenience and hygiene, innovation in sustainable and smart dispensing solutions is key to future expansion."
Key Takeaways
- The global pump and dispenser market increased by 3% annually from 2020 to 2024.
- By 2024, the market size reached USD 9.3 billion.
- The UK market is expected to grow at 4.0% CAGR in the upcoming years.
- China's personal care and cosmetics sector is poised for 5.5% CAGR growth.
- Plastic dominates as the material, commanding a 61.5% market share by 2035.
- Body lotions are expected to lead among application formats, accounting for 17.3% of the market by 2035.
Key Challenges
- Technological advancements and need for integration with industry standards
- Regulatory compliance for environmental, safety, and fuel dispensing standards
- Maintenance and potential downtime of pumps and dispensers
- Consumer demand for faster transactions
Competitive Landscape
Key players in the pump and dispenser business include:
- Silgan Holdings Inc.
- AptarGroup, Inc.
- RinkeDARIN CO., Ltd
- Richmond Containers CTP Ltd
- TAPLAST S.r.l.
- Frapak Packaging B.V.
- PKP Plastic Products Inc.
Key Developments
- Richmond's launch of the Dawn Airless Range of mono-material PE airless bottles and pumps (December 2024)
- Silgan Holdings Inc.'s introduction of ReVive® 1.4cc, a fully recyclable dispenser at Luxe Pack Monaco (September 2024)
Segmentation
Product Type
- Trigger pumps
- Lotions and cream pumps
- Mist spray pumps
- Bottle top
- Crimp dispenser
- Burette
Material Type
- Plastic
- Metal
- Glass
Application
- Body lotions
- Hand care lotions
- Reagents
- Perfumes and deodorants
- Liquid soap
- Shampoos and conditioners
- Eye care
- Disinfectants and cleaning solutions
- Lubricants
- Pesticides and insecticides
- Room fresheners
End Use
- Homecare
- Cosmetics and personal care
- Pharmaceuticals
- Chemicals and fertilizers
- Laboratories
- Automotive
- Other