Global Airless Pump Market - 2023-2030
Market Overview
The global airless pump market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of XX% during the forecast period (2023-2030).
An airless pump is a kind of pump that dispenses a product by exerting pressure to the contents of a container. Instead of using air to create pressure like conventional pumps do, airless pumps employ a piston or a diaphragm to force the product out of the container. It produces a vacuum effect that pulls the product into the pump where it is subsequently released via a nozzle or spray tip. To dispense goods like lotions, creams, paints and adhesives, airless pumps are frequently used in the cosmetics, pharmaceuticals, food & beverage, paint & coating and other sectors.
Market Dynamics
The growing awareness towards personal care & hygiene
As it enables precise dosing and protect against product contamination and deterioration, airless pumps are a common packaging option. The market for personal and hygiene products is expanding quickly on a global scale due to factors like rising disposable income, shifting lifestyles and an increased focus on personal hygiene and grooming. Airless pumps are projected to be in high demand as manufacturers want to provide their products in more practical and efficient packaging as a result of the expansion. Quadpack's new line of airless solutions for the personal care industry was introduced in September 2021, with the option for customized design based on manufacturer requirements.
High costs of product
To ensure their best performance, airless pumps need routine maintenance and fixing a broken pump can be expensive. Regular maintenance is necessary for airless pumps, although it can be costly. The expense of maintenance includes changing out worn-out components, maintaining the pump and making sure it is working properly. Some businesses might decide not to use airless pumps because of these costs.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The global airless pump market is segmented based on pump, material, application and region.
The rising demand for body lotion
Over the course of the forecast time, body lotion is expected to be the most popular application. By keeping air out of the container, airless pumps guard the lotion against contamination. Natural and organic body creams, which degrade quickly when exposed to air, require this precaution in particular. The vacuum mechanism also makes sure that the entire product is used up and that no residue is left behind, reducing waste and cost.
Airless pumps also increase the shelf life of body creams. The product is maintained airtight, preventing oxidation and light exposure, which could cause the substance to degrade or lose its effectiveness. It guarantees that the lotion remains fresher for an extended timeframe, making it a more cost-effective solution.
Geographical Analysis
The rising demand in pharmaceutical industries in Asia-Pacific
Asia-Pacific is expected to have a substantial airless pump market throughout the forecasted period. The region's airless pump industry has grown as a result of customers becoming more aware of the advantages of airless packaging, such as greater product protection and a longer shelf life.
The region's expanding use of these pumps in the pharmaceutical industry is another element boosting the market for airless pumps. For the packaging and delivery of medications, especially those that call for precise dosing, airless pumps are frequently employed. In the upcoming years, demand for airless pumps is anticipated to continue to be driven by the region's sizable and expanding pharmaceutical industry.
Competitive Landscape
The major global players in the market are Graco Inc, Wagner SprayTech Corp., Titan Tool Inc., Kremlin Rexson, WIWA Wilhelm Wagner GmbH & Co. KG, Dino-power Industry & Trade Co., Ltd., Ingersoll Rand, HI-FORCE HYDRAULIC TOOLS, Tuthill Corporation and Triplex Plunger Pumps Private Limited.
Why Purchase the Report?
• To visualize the global airless pump- market segmentation based on pump, material, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of airless pump market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global airless pump market report would provide approximately 61 tables, 59 figures and 204 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
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