Liquid Dispensing Pump Market

Market Outlook for Liquid Dispensing Pump

The global liquid dispensing pump market size is projected to expand at a CAGR of around 5% during the forecast period of 2021 to 2031. Demand for automated liquid dispensing pump has been rapidly rising across regions over the years.

In terms of product, the market has been characterized into cosmetic liquids, soap solutions, and medicinal liquids. Medicinal liquids are anticipated to have the highest market share over the coming years.

Additionally, various end-use industries such as cosmetic and pharmaceutical industries have numerous applications of liquid dispensing pumps, which will complement market expansion as the years go by. Liquid dispensing pumps are also being widely used across hotels, restaurants, cafes across the world, besides rising adoption of non-commercial liquid dispensing pumps.

The foremost objective of the report by Fact.MR on the liquid dispensing pump market is to pitch insights on the market scenario, demand generators, and technological advancements in this space. The report provides a taxonomy elaborating on key market segments.

The report also outlines visionary insights on the dynamics of the market, including the drivers, restraints, opportunities, trends, and pricing analysis, along with key success factors. Market trends have been tracked in 20+ high-growth countries, pointing towards countries in Asia Pacific holding bulk of the market share.

Historical Trends Vs. Future Sales Projections for Liquid Dispensing Pumps

The market exhibited a low CAGR of around 3% over the historical period of 2016–2020. Rising demand for disinfectant products among end users is expected to boost sales of liquid dispensing pumps during the forecast period. In FY2020, due to the COVID-19 pandemic, market growth flourished owing to increment in demand from hand cleaning, disinfecting, and body sanitization industries.

Demand over the long-term forecast period can be estimated by breaking the forecast timeline into three parts.

• Short-run: High demand for liquid dispensing pumps will be observed in this time period.
• Medium-run: Demand and price normalization are set to be observed over this period.
• Long-run: The market is predicted to adopt automation technology, and price of the product will experience a hike in this period.

All in all, the liquid dispensing pump industry is expected to expand at a CAGR of around 5% through 2031, providing a promising stance for investors in the market.

What are the Primary Reasons Generating Demand for Liquid Dispensing Pumps?

• In 2020, increase in the number of COVID-19 cases across the globe has emerged as an opportunity for manufacturers to invest in products such as liquid dispensing pumps, owing to rising demand from industrial, commercial, and household sectors for hand cleaning, disinfecting, and body sanitization.
• Surging demand for hair care and skincare products on account of increasing consumer awareness about healthy lifestyle habits is expected to increase industry expansion.
• Rising consumption of perfumes, aftershaves, and shampoo is expected to fuel demand.
• Rapid industrialization leading to the establishment of numerous cosmetic manufacturing units, particularly in India and China, is expected to stimulate industry growth.

Which Region Offers Great Potential for Liquid Dispensing Pumps?

Globally, Asia Pacific holds a major share of the global market for liquid dispensing pumps, followed by Europe. The Asia Pacific region is anticipated to dominate the market during the forecast period as well. Countries such as India, China, ASEAN, and Australia are anticipated to create significant opportunities for producers and distributors of liquid dispensing pumps in the near future.

Country-wise Analysis

Why are Asian countries huge markets for liquid dispensing pumps?

Continuous awareness and recommendation of healthcare organizations about using sanitizers, disinfectant lotions, and liquid to prevent the risk of COVID-19 is an opportunity for liquid dispensing pump manufacturers. In addition, end users are attracted toward innovative designs of liquid dispensing pumps, which also can be viewed as an opportunity for manufacturers to invest in research & development activities in the region.

Which end use product is more likely to penetrate the market in GCC countries?

Liquid dispensing pumps used in healthcare & personal care products are predicted to dominate GCC Countries because of the increasing chronic health disorders such as diabetes, blood pressure, heart problems, and obesity, which are expected to create awareness regarding cleanliness and personal hygiene on a domestic level among people.

Furthermore, increasing occurrence of infections through transmitted diseases such as COVID-19 will further drive disinfectant sales, thereby bolstering sales of liquid dispensing pumps across these countries.

Category-wise Insights

Which liquid dispensing pump type accounts for highest demand?

Medicinal type liquid dispensing pumps accounts for highest demand because of rising awareness and recommendations of healthcare organizations about using sanitizers, disinfectant lotions, and cleaning liquids. The risk of the COVID-19 pandemic is an opportunity for liquid dispensing pump manufacturers. In addition, innovative designs of liquid dispensing pumps will heighten the sales of manufacturers as they invest in research & development activities.

Why are 0.50 to 1.50 dosage liquid dispensing pumps most sought-after?

The market is divided into 4 categories as per dosage of pumps - 0.50 ml, 0.50 to 1.50 ml, 1.50 to 2.50 ml, and above 2.50 ml. The dosage of 0.50 to 1.50 ml is most popular because all commercial spaces across the globe are installing contactless sanitizers and other soap solution dispensing pumps at their entry points. Due to COVID-19, high health awareness will be witnessed in the short-term period, and therefore, there will be always be the need for hand sanitization solutions.

How have COVID-19 impacted sales of liquid dispensing pumps?

In 2020, the COVID-19 pandemic across the globe emerged as an opportunity for manufacturers to invest in ramping up the production of liquid dispensing pumps, with high demand for industrial, commercial, and household use, especially for hand cleaning, disinfecting, and body sanitization.

Competitive Landscape

The aforementioned players rely on a blend of organic and inorganic strategies to deepen penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions, and strengthening of regional and global distribution networks.

Report Scope

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	US$ Mn for Value
Key Regions Covered	North America Europe Asia Pacific Middle East Africa South America.
Key Countries Covered	U.S. Canada Venezuela Germany U.K. France Russia India China Japan Brazil GCC Countries.
Key Segments Covered	Product Dosage Design End Use Region
Key Companies Profiled	Aptar, Inc., NingBo Seng CZe Macrospray Co LTD, CLC Co. Ltd. Yoshino Kogyosho Co. Ltd. Knida Company Limited RAEPAK Ltd Rieke Packaging Systems Limited Dhiren Plastic Industry Indian Harness Redcom Packaging Private Limited Silgan Dispensing Mitani Valve Yuyao Shunlong Sprayer & Tech. Co. Ltd.
Customization & Pricing	Available upon Request

Key Market Segments Covered

• Product

  • Cosmetic Liquid Dispensing Pumps
  • Liquid Soap Solution Dispensing Pumps
  • Medicinal Liquid Dispensing Pumps
  • Toothpaste Liquid Dispensing Pumps
  • Cleaning & Disinfectant Products Liquid Dispensing Pumps
  • Others (Ketchup Dispensers, Paint Dispensers, etc.)

• Dosage

  • Up to 0.50 ml Liquid Dispensing Pumps
  • 0.50 to 1.50 ml Liquid Dispensing Pumps
  • 1.50 to 2.50 ml Liquid Dispensing Pumps
  • Above 2.50 ml Liquid Dispensing Pumps

• Design

  • Liquid Dispensing Pumps With Caps
  • Liquid Dispensing Pumps Without Caps

• End Use

  • Liquid Dispensing Pumps for Cosmetics & Personal Care
  • Liquid Dispensing Pumps for Food & Beverages
  • Liquid Dispensing Pumps for Cleansing & Disinfectant Products
  • Others (Multipurpose Usage, Pet Care, etc.)

• Key Regions

  • North America Market for Liquid Dispensing Pumps
  • Europe Market for Liquid Dispensing Pumps
  • Asia Pacific Market for Liquid Dispensing Pumps
  • Middle East & Africa for Liquid Dispensing Pumps
  • South America for Liquid Dispensing Pumps