Global Dropper Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The dropper is a short glass or plastic with a tiny hole at one end and a rubber bulb at another end. It is generally used to measure the drops of medicine or other liquids or to draw a liquid from the bottle and expelling it in drops. It is available in various sizes, types, and designs.
Market Overview:
The latest research study on the global Dropper market finds that the global Dropper market reached a value of USD 258.86 million in 2022. It’s expected that the market will achieve USD 381.25 million by 2028, exhibiting a CAGR of 6.67% during the forecast period.
Influence of COVID-19 Outbreak on Dropper Industry Development
The COVID-19 pandemic forced governments to implement strict lockdown measures, which in turn stopped the operations and processes of many companies and manufacturing plants, thereby affecting the global economy. In addition, due to the outbreak of diseases, many companies around the world have witnessed labor shortages and insufficient raw materials. It is estimated that this will affect the growth of the global dropper market in the next few years. However, as long as the dropper can continuously update its product performance and attract the attention of consumers, the development opportunities of the industry will become more and more optimistic. When the epidemic is under control, various downstream market industries of dropper will usher in a strong rebound, especially in the medical & pharmaceutical market, and dropper sales will also increase.
Due to the COVID-19 outbreak, many factories have been closed. The production of dropper is also affected. The supply chain and downstream application industries have been affected by the epidemic, and production has stagnated, which has also adversely affected the development of the dropper industry. Although COVID-19 currently has a long-term possibility, its subsequent impact depends on the development of the epidemic and related measures taken by the government.
Due to the impact of COVID-19, market transportation has been restricted and trade liquidity has weakened, resulting in a large shortage of raw materials. At the beginning of the epidemic, the market inventory was not high, the overall supply was tight, and prices rose in various places. After the epidemic was brought under control, the production chain of the enterprise gradually recovered as before, and most downstream users began to consume inventory. Due to insufficient raw materials, prices will rise. On the whole, the current dropper market is in short supply and the cost is high, and manufacturers are reluctant to conduct low-price transactions. Despite sluggish demand, overall trading downside is relatively limited.
Dropper Opportunities and Drivers
The vaping trend has grown globally, with the use of e-cigarettes, vape pens, and other technical vaporizers called MODS. Glass and plastic containers with droppers are the oft-chosen medium for packaging vape juice or e-liquid, and this has also given an impetus to the droppers' industry.
In conjunction with tamper-proof and child-resistant packaging, the demand for dropper bottles is increasing as vaping rises in popularity. Many vape juice bottles use dropper tip plugs to refill the vape liquid with greater accuracy, and this is fueling the growth of the droppers' market. Manufacturers are likely to use opaque dropper bottles that come with advanced UV protection capability to preserve the quality of the vape juice and protect it from contamination. Such advanced features provide innovative alternatives to key manufacturers who are looking at brainstorming newer solutions in the arena of the droppers' market.
Technology has given an impetus to a cheaper and biodegradable alternative for the materials used in droppers. Traditional plastic such as PET is a derivative of petroleum, which makes it not only exorbitant but also increases the emission of greenhouse gases. Though bioplastics are costlier than petroleum-based plastics, manufacturing bioplastics at low temperatures with a consistent supply of biomass can reduce their cost, making them a potential material for manufacturing environment-friendly as well cost-efficient droppers.
Sugarcane ethanol has emerged as a formidable substitute for conventional plastics, and an alternative to petroleum-derived plastics, making its foray into the droppers' market. Reduced carbon emissions are giving droppers manufactured using bioplastics an edge, and this could be seen as an eco-friendly strategy for manufacturers. So, these factors have brought many new opportunities to the dropper market.
The need for safe and secure dispensing of toxic liquids in the pharmaceutical and healthcare industry is fueling the demand for droppers. The liquid content, such as ear drops, nose drops, eye drops, oil, and tinctures, must be applied smoothly with the right volume. In the healthcare industry, the dropper is used to facilitate the withdrawal of liquid or oils from the bottle and container without contacting a hand or finger there avoiding contamination. Patients or healthcare services need to provide to adhere to the exact dosage of medicine to the targeted place as any changes in the volume can put their life to risk.
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
The top three companies are Virospack, Dynalab Corp and Comar with the revenue market share of 8.72%, 4.73% and 4.16% in 2019.
Known for our long professional trajectory and for our quality in production and service as The Dropper Company, VIROSPACK is the world´s leading manufacturer of cosmetic dropper packs for skin care, hair, nails and liquid make-up.
Dynalab Corp was founded in 1957. The company's line of business includes distributing professional equipment, such as drafting instruments, laboratory equipment, and scientific instruments.
Segmentation Overview:
Among different product types, Plastic Dropper segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Medical & Pharmaceutical segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Dropper market covered in Chapter 3:
Albea
Andon Brush Company, Inc.
REMY AND GEISER
Bharat Rubber Works Pvt Ltd
The Plasticoid Company
UD Pharma Rubber Products
Walter Stern, Inc.
Virospack
International Crystal Laboratories
Topfeel
Adelphi Healthcare Packaging
Das Enterprises
Pacific Vial Manufacturing Inc.
ShyaHsin
Texen
MEDICOS
Dynalab Corp
Space Age Plastic Industries
Comar
In Chapter 4 and Chapter 14.2, on the basis of types, the Dropper market from 2018 to 2029 is primarily split into:
Glass Dropper
Plastic Dropper
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dropper market from 2018 to 2029 covers:
Medical & Pharmaceutical
Laboratory
Cosmetic
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook