The market situation of spray pumps in the cosmetic packaging industry

About the Report
The pump and dispenser market is witnessing impressive growth. The demand for pump and dispenser has surged considerably in response to the increasing sales of hand wash and sanitizers amid COVID-19. With governments around the world issuing guidelines for proper sanitization to contain the spread of the virus, sales of pumps and dispenser are poised to increase significantly in the coming years. Besides this, the market will capitalize on rising demand in homecare, automotive, pharmaceutical, cosmetics & personal care, and other industries.

Introduction
Driven by rising demand from end-use industries such as cosmetics and personal care, homecare, pharmaceutical, chemicals, and fertilizers, automotive, the pump and dispenser market is exhibiting significant growth.
Future Market Insights (FMI) has forecast the market for pumps and dispensers to grow at a CAGR of 4.3% between 2020 and 2030.
Product Usability and Convenience Spurring Growth Opportunities
Brand owners from the fast-moving consumer goods sector are seeking out pumps and dispensers to add value to their products through convenient packaging. There is immense focus on packaging solutions that offer brands owners a scope for differentiation through dispensing functionalities such as easy press, twist, pull, or push mechanism, and others.

To cater to this rising demand, manufacturers of pumps and dispensers are forging partnerships with applied science faculties to guarantee that the best scientific data is employed for the design of dispensers. For example, Guala Dispensing relies on collaborations with research institutes in Italy for designing their products. This is emerging as an active strategy for small- or medium-sized dispenser manufacturers and is paving the way for the exponential growth of the market.

The liquid soap category will continue exhibiting high demand for pumps and dispensers. The segment is forecast to remain dominant through the assessment period, which is attributable mainly to the rising awareness of the importance of hygiene.