The foamer pump market size will grow by 4.2% CAGR between 2021 and 2031. As per the latest Future Market Insights (FMI) analysis, the overall valuation of the market is estimated to reach US$ 143.7 Mn in 2021.
The global foamer pump market constituted around 7.5% of the US$ ~4.5 billion worth global cosmetic pump and dispensers industry in 2020. Despite stagnant sales amid COVID-19, foamer pump demand is expected to surge 2021 onwards, albeit gradually. As per FMI, volume of sales in the foamer pump market is forecast to reach 360 Mn Units by the end of 2021.
Competitive Landscape
Companies operating in the foamer pump market are aiming at product launches, expansion, and strategic partnerships with other manufacturers to gain competitive edge. The key players also are focusing on expanding their product manufacturing capabilities, product portfolio and global presence. Leading foamer pump manufacturers are committed to the research and development and are consistently offering innovative applications of the product for many industries.
For instance, in April 2020, Albéa S.A started manufacturing of tubes, foam and lotion pumps for hand sanitizers.
In December 2020, Silgan Dispensing Systems launched Mini NEA line of sample-size foam solutions designed for lotions and other personal care products.
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Key Companies Profiled
- Silgan Holdings Inc.
- Aptar Group, Inc.
- APackaging Group
- Albea S.A.
- Rieke Corporation
- Raepak Ltd.
- Richmond Containers CTP Ltd.
- Silgan Dispensing Systems Corporation
- Sun-Rain Sprayer Co., Ltd.
Key Takeaways from Foamer Pumps Market
- Handheld foamer pumps are most popular across the globe and are anticipated to hold 35% of the foamer pump market share in 2021.
- Due to the rising awareness regarding importance of maintaining personal hygiene, frequent sanitizing of hands has become common across the world. Amidst COVID-19 outbreak, the demand for hand sanitizers has skyrocketed, catapulting then as the largest end-use application of foamer pumps across the globe.
- Europe is expected to be the largest market for foamer pumps, accounting for almost 30% of the market share in 2021.
- Sales in Germany will continue supporting expansion in Europe. Within the U.K., the demand for foamer will grow by 4% year-on-year in 2021.
- South Korea is expected to emerge as a highly lucrative market for foamer pump in East Asia. The sales of foamer pump will grow by 2 times its current valuation in South Korea by 2031.
2015-2020 Foamer Pump Market Outlook Compared to 2021-2031 Forecast
Majorly driven by the growth of the cosmetics industry across the globe, the foamer pump market is anticipated to rise at 4.2% CAGRfrom 2021 to 2031 in comparison to the 3.6% CAGR registered during 2015 to 2020.
A foamer pump is a non-aerosol way of dispensing liquid materials. The foam pump dispenses the liquid in the form of foam. Foam is created in the foamer chamber where the liquid constituents are mixed and then discharged. The parts of the foam pump are most commonly made from polypropylene (PP).
A foaming pump often comes with a protective cap to avoid any wastage or drying of constituents in the pump mechanism. The foam pump is widely used to dispense cosmetic products and household chemicals, such as hand washing liquid, shaving cream, hand sanitizer, mousse foam cleansing, facial cleanser, and hair conditioning mousse, sun protection foam, spot removers and baby products among others.
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Increasing Sanitizers Sales Giving Tailwinds to Foamer Pumps Demand
People have become more aware about personal health and hygiene following the unprecedented COVID-19 outbreak. This also has resulted in frequent use of hand sanitizers as a common means to prevent the spread of infection. As a result, in the past year, the demand for sanitisers reached an all-time high.
Even as lockdowns and restrictions are being lifted, maximum number of public places have made it mandatory to either sanitize hands before entering or carry a personal sanitizer. This is being strictly followed by many institutions and organizations to prevent any spread of the virus.
Key Companies Profiled
- Silgan Holdings Inc.
- Aptar Group, Inc.
- APackaging Group
- Albea S.A.
- Rieke Corporation
- Raepak Ltd.
- Richmond Containers CTP Ltd.
- Silgan Dispensing Systems Corporation
- Sun-Rain Sprayer Co., Ltd.
Foamer Pump Market by Category
By Pump Type:
- Squeeze Foamer Pumps
- Dual Chamber Foamer Pumps
- Table Top Foamer Pumps
- Handheld Foamer Pumps
By Material:
- Plastic
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Others
- Metal
By Application:
- Hand Sanitizer
- Face and Body Wash
- Sunscreen
- Shampoos and Conditioners
- Other Applications
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Related Reports:
Foamer Bottle Market : Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031
Pump & Dispenser Market: The global pump & dispenser market is stipulated to grow on the linear grounds between 2022 and 2030
Pump Tubes Market: by Diameter of a Cap, Tube Capacity, Material of Caps, Material of Tubes, End User Industry & Region – Forecast 2022 – 2032
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The post Foamer Pump Market likely to surge at a vigorous 4.2% CAGR by 2031, Majorly driven by the growth of the cosmetics industry appeared first on Future Market Insights.
