Market demand for foam pumps will surpass $239.9 million by 2033 as millennials embrace personal care and new beauty products

NEWARK, DE / ACCESSWIRE / January 24, 2023 / According to a new report from Future Market Insights, the global froth pump market is expected to outperform $239.9 million in 2033 and show significant growth at a CAGR of 4.4% in the forecast period (2023 to 2033). The market is expected to be valued at $155.6 million in 2023.

The personal care industry around the world has established itself significantly in recent decades. This growth is mainly attributed to an increasing awareness of one’s outward appearance. The high importance of skin and hair care among the millennial population is another factor positively influencing the expansion of the personal care industry. The personal care industry will also be propelled by several social media influencers promoting the importance of following skin care and hair care routines.

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Social media influencers generally have a lot of followers. These influencers often collaborate with existing and new brands in the personal care industry to promote their products. These collaborations are expected to result in increased demand for personal care products in the global market.

Foamer pumps are still in the development phase with a consistent rise in terms of their applications and end uses. Numerous manufacturers are launching innovative foam-based products for body wash, face wash, and shampoo or conditioners to attract a large consumer base. As the personal care industry grows, the demand for foam pumps is expected to increase over the next decade.

Key points from the Foamer Pump market report

  • The foam pump market in China is expected to reach a share of 27.7% by 2033.
  • The foam pump market in Japan is expected to have a share of 4.9% in 2033.
  • The foam pump market in the US is likely to be captured around 88% of North America’s market share by 2023.
  • Based on material, the plastics segment is expected to grow 1.6x the current market value from 2023 to 2033.
  • In terms of application, the hand sanitizer segment is expected to hold about 26% of the global market share of foam pumps during the period considered.

“High demand for foam based products in personal care, cosmetics and home care industries will accelerate the demand for foam pumps. Availability of advanced foam pumps and rising trend for eco-friendly packaging solutions are some other factors driving sales in the market.” says a chief analyst at Future Market Insights.

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Rising demand for hand sanitizers to drive foam pump sales

The pandemic has dramatically increased awareness about the importance of regular use of hand sanitizers. In the past five years, the demand for hand sanitizers has reached an all-time high, as they not only help to reduce the chance of getting infected with viruses, but also remove most of the harmful germs that can cause viral or bacterial illnesses.

To date, public places in various parts of the world have made it mandatory to sanitize hands before entering or even to carry personal sanitizer. Few alcohol-based sanitizers available in the market are not very good for the skin, especially for children if used frequently.

This worries several consumers. To solve this problem, many key players in the industry have started offering alcohol-free foam-based sanitizers. Major hand sanitizer brands such as PURELL, Palm Safe, and Hygiene Labs offer foam-based hand sanitizers, among others. The rising popularity of foam-based sanitizers is expected to boost the demand for foam pumps in the global market.

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Growing demand for foam-based personal care products for newborns to drive sales

The baby care market has become an attractive industry for the application of foam pumps. Application of foam pumps in baby care products such as body wash, soap and shampoo is expected to create new growth opportunities for the foam pump market.

Given the rising birth rate, foam pump sales are expected to increase over the next decade. The preference for foaming bath products for babies due to its ease of use would help the foam pump market grow.

Foam pumps help to efficiently apply products to babies and they can control the amount of product on the skin. Attractive packaging of foaming bath products for babies through the application of foam pumps will drive up the market value.

Competitive Landscape: Foamer Pump Market

The key players in the froth pump market are AptarGroup, Inc., Silgan Holdings Inc.,

Rieke Corporation (Trimas Packaging), Frapak Packaging BV and Richmond Containers CTP Ltd. Some of the other notable players in the market include Weltrade Pty Ltd., APackaging Group, SGC Closures, Matsa Group Ltd., ScopeNEXT Ltd., Quadpack, Apollo Industries Co., and others.

Foamer Pump Market Outlook by Category

By pump type:

  • Squeeze Foam Pumps
  • Foam pumps with two chambers
  • Foam pumps for the table
  • Manual foam pumps

By material:

  • Plastic
  • Polyethylene (PE)
  • Polyethylene terephthalate (PET)
  • Polyvinyl chloride (PVC)
  • Polypropylene (PP)
  • Metal

On request:

  • Hand sanitizer
  • Face and body wash
  • Sunshade
  • Shampoos and conditioners
  • Other applications (paint, polish, coating)

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Index

1. Summary

1.1. Global Market Outlook

1.2. Trends on the demand side

1.3. Trends on the supply side

1.4. Technology Roadmap Analysis

1.5. Analysis and recommendations

2. Market overview

2.1. Market Coverage / Taxonomy

2.2. Market definition / scope / limitations

3. Market background

3.1. Market dynamics

3.1.1. Drivers

3.1.2. limits

3.1.3. Opportunity

3.1.4. trends

3.2. Cased screenplay

3.2.1. Question in optimistic scenario

3.2.2. Question in probable scenario

3.2.3. Question in conservative scenario

3.3. Macro factors and forecast factors

Click here for Foamer Pump Market 191 Pages TOC Report

About the Packaging Division at Future Market Insights

Future Market Insights’ packaging division provides in-depth historical analysis and projections for the next decade and covers the competitive landscape through a unique dashboard. Ranging from packaging materials and packaging machines to packaging designs and formats, Future Market Insights has an extensive database covering these industry verticals and serves clients with unique research offerings and strategic recommendations. With a repository of over 1,000 reports, the team has extensively analyzed the packaging industry in over 50 countries. The team evaluates each node of the value chain and provides end-to-end research and advisory services; get in touch to explore how we can help.

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About us:

Future Market Insights Inc. is an ESOMAR Certified Business Consulting and Market Research Firm, a member of the Greater New York Chamber of Commerce and headquartered in Delaware, USA. As a recipient of the Clutch Leaders Award 2022 for the high customer score (4.9/5), we partner with global enterprises on their business transformation journey and help them achieve their business ambitions. 80% of the largest Forbes 1000 companies are our customers. We serve global customers in all leading and niche market segments in all major industries.

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Market demand for foam pumps will surpass $239.9 million by 2033 as millennials embrace personal care and new beauty products

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