Transparency Market Research delivers key insights on the global liquid dispensing pump market. In terms of revenue, the global liquid dispensing pump market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global liquid dispensing pump market.
The global liquid dispensing pump market is broadly affected by several factors, such as rising demand for disinfectant products and improved product offerings, which are the factors propelling the global market for liquid dispensing pumps.
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Liquid Dispensing Pump Market: Dynamics
In terms of product type, the liquid dispensing pump market has been bifurcated into cosmetic liquids, soap solutions, medicinal liquids, toothpaste, and others. Medicinal liquids dominates the liquid dispensing pump market, as it is easy to control the portion of the high viscosity liquid as per consumer need. On the basis of pump dosage, the liquid dispensing pump market is divided into up to 0.50 ml, 0.50 to 1.50 ml, 1.50 to 2.50 ml, and above 2.50 ml. Liquid dispensing pump with pump dosage of 0.50 to 1.50 ml is most popular in various parts of the globe, as large number of commercial spaces are installing contactless sanitizers and other soap solution dispensing pumps in their entry point. Most companies prefer to install dispensing pumps with 0.50 to 1.50 ml size. Based on end use, the market is divided into cosmetics & personal care, food & beverages, cleansing & disinfectant products, and others. Cleansing & disinfectant products segment is expected to remain popular across different regions. Cleansing & disinfectant sanitizing spray, hand wash lotion pump, and medicinal liquids are expected to influence the growth of the liquid dispensing pump market due to rising awareness of end users about their usage.
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Liquid Dispensing Pump Market: Prominent Regions
Globally, Asia Pacific holds major share of the liquid dispensing pump market followed by Europe. The Asia Pacific region is expected to continue its dominance during the forecast period, since countries such as India, China, ASEAN, and Australia are anticipated to create significant opportunities for producers and distributors of liquid dispensing pumps in the near future.
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Liquid Dispensing Pump Market: Key Players
Key players operating in the global liquid dispensing pump market are Aptar, Inc., NingBo Seng CZe Macrospray Co LTD, CLC Co., Ltd., Yoshino Kogyosho Co. Ltd., Knida Company Limited, RAEPAK Ltd, Rieke Packaging Systems Limited, Silgan Dispensing, Mitani Valve, Yuyao Shunlong Sprayer & Tech. Co., Ltd. etc.
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