Liquid Dispensing Pump Market
Liquid Dispensing Pump Market By Product (Cosmetic Liquids, Soap Solutions, Medicinal Liquids), By Dosage (Up to 0.50ml, 0.50 to 1.50 ml), By Design (With cap, Without cap), By End Use (Cosmetic & Personal Care, Food & Beverages)- Global Market Insights 2021 to 2031
About the Report
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.
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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.
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.
An Adaptive Approach to Modern-day Research Needs
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.
Historical Data Available for
US$ Mn for Value
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Customization & Pricing
Available upon Request
Key Market Segments Covered
- 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.)
- 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
- Liquid Dispensing Pumps With Caps
- Liquid Dispensing Pumps Without Caps
- 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.)
- 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
- FAQs -
Fact.MR projects the market to register a CAGR of around 5% across the 2021-2031 assessment period. Higher penetration in personal care, cleansing, and disinfectant products will bolster demand over the coming years.
As per Fact.MR’s projections, the Asia Pacific region is anticipated to play a pivotal role in driving demand for liquid dispensing pumps. Countries such as India, China, ASEAN, and Australia are anticipated to create significant opportunities fo
Prominent liquid dispensing pump manufacturers include 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
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary 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 Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR 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.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
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