Elevated Demand For Flexible Packaging Solutions Drives Pumps And Trigger Spray Market To US$ 11 Billion By 2030

Published Via 11Press : NEWARK, Del: Global Pumps And Trigger Spray Market sales will likely grow at a favorable CAGR of about 6.7% from 2022 to 2030. This market will rise from a valuation of US$ 7 billion in 2022 to attain a value of US$ 11 billion by 2030.

As the demand for sustainable and flexible packaging solutions continues to rise so will the market prospects of the pumps and triggers sprays. Since pumps and trigger sprays are convenient and easy-to-use packaging options they are used across a wide range of industry verticals. Body lotions, shampoos, conditioners, and sun care are a few of the applications which aid the overall expansion of the pumps and trigger spray market in the upcoming years.

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Historically, the market witnessed an average growth rate of 4.7% from 2015 to 2021 whereas a more favorable CAGR is predicted for the forecast period of 2022 to 2030. In the following decade, the pumps and trigger spray market is expected to be significantly influenced by As convenience becomes increasingly important, manufacturers are concentrating on enhancing DIY trigger spray dispensers and bottles. With more and more manufacturers offering customized solutions, the market will avail of new streams of revenue. This trend is particularly evident in the pharmaceutical sector, where healthcare providers are investing in more efficient dispensing technologies to deliver medicine more effectively to patients, resulting in better treatment.

In recent years, the use of nanotechnology has been crucial in determining the effectiveness of consumer goods packaging. Manufacturers have been able to achieve cost savings by utilizing nanoparticles to create packaging materials that are highly durable and resistant to external shocks. The introduction of small trigger spray bottles has resulted in significant profits for key players and end-users in the pump and trigger spray industry. Moreover, manufacturers are increasingly adopting 3D printing technology which helps in the production of sustainable and eco-friendly materials for the development of these pumps and sprays. All these considerations propel the pumps and trigger the sprays market forward during the projected period.

Key Takeaways:

A marked preference for mini trigger spray bottles in the US will drive the pumps and spray bottles market forward in the country.
High demand for pumps and trigger sprays in the pharmaceutical sector will fuel the market growth in China.
By type, the trigger spray segment will witness higher sales than others during the assessment period.
Based on material, the HDPE category will record high demand as it is recyclable and lightweight.

Competitive Landscape

In a competitive environment, leading market players are focusing on investing in research and development efforts to expand their product portfolios. Many of the participants are keen on business expansion through mergers and acquisitions. For instance, in June 2020, Silgan Dispensing Systems Corporation acquired Albéa Group to improve its range of lotions and fragrance pumps.

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MJS Packaging, Demareis GmbH, Burkle GmbH, Silgan Dispensing Systems Corporation, AFA Dispensing, and Guala Dispensing S.p.A., among others, are a few of the key players in the pumps and trigger spray market profiled in the full version of the report.

More Insights Into Pumps And Trigger Spray Market

FMI's latest report presents an honest evaluation of the worldwide pumps and trigger spray market, encompassing past data from 2015 to 2021 and predicted statistics spanning 2022 to 2030. The report comprehensively examines the market's drivers, constraints, opportunities, and trends. The market is categorized by product type, material type, application, and region to comprehend its worldwide market potential, expansion, and reach

According to FMI estimation, based on segmentation, the body lotion packaging application category will offer the most opportunities to the market. An upsurge in demand for personal care products like body lotion will lead to greater demand for pumps and trigger spray, especially mini trigger spray bottles. In terms of material type, due to its lightweight and recyclable properties, the HDPE segment will dominate the global marketplace.

Based on region, the pumps and trigger spray market in the US will exhibit substantial growth. The target market in this country will be driven by the strong presence of the pharmaceutical and personal care sectors. Increasing demand for miniature spray bottles will also aid the growth of the pumps and trigger the spray market in the US. Other nations like the U.K. and China will also present notable growth in the market and thereby contribute to the growth of the pumps and trigger spray market.

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Pumps And Trigger Spray Market By Category

Product Type:

Pumps
Trigger Spray

Material Type:

Plastic

Polyethene (PE)

High-Density Polyethylene (HDPE)
Low-Density Polyethylene (LDPE)

Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Polypropylene (PP)

Metal
Glass

Application:

Body Lotion
Hand Care Lotions
Reagents
Pesticides/Fertilizers
Perfumes & Deodorants
Liquid Soaps
Shampoos & Conditioners
Chemicals

End Use:

Cosmetics & Personal Care
Homecare
Pharmaceuticals
Chemicals & Fertilizers
Laboratories
Automotive
Agriculture

Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage

2.2. Market Definition

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation

3.2.1. Companies Increasingly Spending on R&D and Stepping Up Innovation

3.2.2. Growing Consumer Interest in Multifunctional Products

3.2.3. Prominent Players are Now Diversifying Into other Profitable Segments

3.2.4. Evolution in Product Design

3.3. Evolution of Industry

3.3.1. Key Developments Roadmap

3.3.2. Product Launches

3.3.3. Acquisition & Mergers

3.3.4. Expansion

3.4. Future Prospects of Industry

3.4.1. Factors Fuelling Growth

3.4.2. Influx of Brands

3.4.3. Innovative Distribution & Marketing Strategies

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Impact of Covid-19 on The Market

4.1. Covid-19 The Situation Now

4.2. The Effects of National Lockdown on Various Countries

4.3. Scenarios For The Economic Impact of The Covid-19 Crisis

4.4. Industries Affected By Coronavirus Outbreak Worldwide

4.5. Projected Recovery for Hardest Hit Sectors

4.6. Coronavirus Impact on The World of Work

4.7. Impact of Covid-19 on Manufacturing Industry

4.8. Manufacturing Purchasing Managers Index, 2022

4.9. Impact of Covid-19 on Supply Chain Worldwide

4.10. Planning & Managing During Covid-19 Pandemic

4.11. Upcoming Pointers Business Leaders Should Focus On

Impact of Covid-19 on the Pumps & Trigger Spray Market

5.1. Impact of Covid-19 on the Packaging Industry

5.2. Pumps & Trigger Spray Sales Projection, Q1-Q4 2022 During Covid-19 Pandemic

5.3. Pre Covid-19 Market Forecast v/s Post covid-19 Market Forecast

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Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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Elevated Demand For Flexible Packaging Solutions Drives Pumps And Trigger Spray Market To US$ 11 Billion By 2030 | Future Market Insights, Inc.