The global mist sprayer pumps market is anticipated to reach a valuation of US$ 1.47 billion in 2023, driven by rise in personal care and cosmetics. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2023 and 2033, and reaching a total valuation of approximately US$ 2.3 billion by 2033.
The Mist Sprayer Pumps Market is a segment of the broader packaging and dispensing industry. Mist sprayer pumps are mechanical devices used to create a fine mist or spray when dispensing various liquid products. These pumps find applications in industries such as cosmetics, personal care, healthcare, and household products, among others.
The rapid growth of e-commerce has significantly impacted the retail landscape, including the beauty and personal care sector. Brands are prioritizing packaging that not only protects products during shipping but also contributes to a memorable unboxing experience. Mist sprayer pumps play a vital role in this sensory experience, enhancing the perceived value of products and fostering positive consumer perceptions.
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Key Highlights:
- Growth Drivers: The market has experienced growth due to increasing demand for products like perfumes, skincare, haircare, and disinfectants that require precise and controlled dispensing in the form of a mist or spray.
- Customization: Manufacturers offer various designs and sizes of mist sprayer pumps to cater to the specific requirements of different industries and product types.
- Material Considerations: Mist sprayer pumps are often made from materials like plastic, glass, or metal. Material selection depends on factors such as the type of product being dispensed and branding considerations.
- Technology and Innovation: Advancements in sprayer pump technology have led to improved spray patterns, control, and efficiency. Manufacturers continually innovate to meet evolving customer needs.
- Regulations: Depending on the products being dispensed, mist sprayer pumps may need to meet specific regulatory requirements, such as those related to healthcare or personal care products.
- Sustainability: Increasing awareness of environmental concerns has prompted some companies to explore eco-friendly materials and designs for mist sprayer pumps.
- Market Players: The market includes both established manufacturers and smaller companies specializing in sprayer pump production. Competition often centers around quality, price, and innovation.
- Global Reach: The market serves industries worldwide, with demand coming from various regions. Key markets include North America, Europe, Asia-Pacific, and emerging markets.
- Consumer Preferences: Consumer preferences for convenience and ease of use, especially in products like skincare and haircare, have driven the adoption of mist sprayer pumps.
- COVID-19 Impact: The pandemic has led to increased demand for disinfectant products, which often rely on mist sprayer pumps for efficient and even distribution.
- Online Retailing: The growth of e-commerce and online retailing has influenced packaging decisions, including the choice of mist sprayer pumps that enhance the consumer experience.
Key Market Players:
- Bans Group of Companies
- Easter Cosmetic Packaging
- Aptar Group, Inc.
- Visann Spraytech
- Rieke Corporation
- Vitrag Corporation
- Aroma Ind.
- Frapak Packaging
- TriMas Corporation
- Guala Group
- Knida Company Limited
- Yuyao Shunlong Sprayer & Tech. Co. Ltd.
- Taixing K.K. Plastic Co., Ltd.
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Key Takeaways from the Market Study:
- Global mist sprayer pumps market was valued at US$ 1.4 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.1%.
- Europe is expected to hold a dominant CAGR of 4.7% during the forecast period.
- By type, diaphragm pumps segment is expected to constitute a CAGR of 4.7% in 2033.
- On the basis of sales channel, online segment is expected to dominate the market with a CAGR of 4.7% in 2033.
- From 2023 to 2033, mist sprayer pumps market is expected to flourish at a CAGR of 4.8%.
- By 2033, the market value of mist sprayer pumps is expected to reach US$ 2.3 billion.
“Sustainability and eco-friendly packaging, across the globe, is a major factor that is expected to propel the growth of the mist sprayer pumps market in the near future,” remarks an FMI analyst.
Competitive Landscape
Key players in the mist sprayer pumps market are strongly focusing on profit generation from their existing product portfolios along while exploring potential new applications.
Players are emphasizing on increasing their mist sprayer pumps production capacities, to cater to the demand from numerous end use industries. Prominent players are also pushing for geographical expansion to decrease the dependency on imported mist sprayer pumps.
Recent Developments:
- In 2022, Coster Tecnologie launched a new line of metal mist sprayer pumps for the agricultural and industrial markets.
- In 2021, Zhejiang JM Industry launched a new line of plastic mist sprayer pumps for the household and industrial markets.
- In 2020, Silgan Holdings Inc. announced the acquisition of the dispensing business of the Albéa Group for US$ 900 million to expand the beauty and personal care segments.
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Market Segmentation:
By Type:
- Diaphragm Pumps
- Centrifugal Pumps
By Application:
- Cosmetics
- Agriculture
- Pharmaceuticals
- Food & Beverages
- Industrial
- Cleaning & Disinfecting
- Personal Care
By Sales Channel:
- Online
- Retail
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
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About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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