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-The liquid distribution pump market is expected to grow at a compound annual growth rate of 4.8% from 2020 to 2030. The increase in the use of disinfectants to prevent the spread of COVID-19 is expected to drive market growth in the near future
-Major market players increase their customer base by expanding their product portfolio to include airless pump technology and recyclable containers
Albany, New York, November 24, 2021 /PRNewswire/--
Liquid Distribution Pump Market: Overview
It is expected that during the forecast period from 2020 to 2030, participants in the global liquid dispensing pump market will witness significant sales opportunities in the personal care and healthcare industries.
Several companies are increasingly focusing on leveraging the expansion avenues of the food and beverage industry. For example, companies are developing pumps that are fixed to the main container of the product (barbecue sauce, sour cream or ketchup), which can be replaced or emptied with another pump or bag.
Transparency Market Research (TMR) analysts predict that by the end of the forecast period, the global liquid distribution pump market will be valued at more than 4.18 billion U.S. dollars.
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Liquid distribution pump market: key findings
The awareness of the importance of personal hygiene and cleanliness among major people around the world has continuously increased, which has promoted the demand and sales of various disinfection products. In turn, this factor is creating sales opportunities for the liquid distribution pump market.
With the increasing awareness of environmental issues, consumers around the world tend to use environmentally friendly products. Therefore, liquid dispensing pump manufacturers provide 100% recyclable dispensing solutions.
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Liquid distribution pump market: growth booster
The Centers for Disease Control and Prevention (CDC) emphasizes that hand washing is one of the key steps that should be done regularly to avoid contracting COVID-19. Due to the increasing awareness of this fact, the popularity of automatic liquid soap dispensing pumps has grown significantly.
Major players in the liquid dispensing pump market, including Jaguar, are promoting the use of automatic soap dispensers to avoid several issues related to bathroom disinfection and hygiene.
In the food and beverage industry, manufacturers of liquid dispensing pumps provide sterile valves for their products to avoid the possibility of bacterial contamination, thereby contributing to hygiene maintenance.
In terms of regions, due to the existence of several emerging economies such as China, India, ASEAN and Australia, manufacturers and distributors in the Asia-Pacific region are expected to gain profit opportunities.
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Liquid distribution pump market: competitive landscape
Some participants focused on the innovation of automatic soap dispenser pumps, which helped users reduce contact with convenience facilities when washing their hands.
Companies in the liquid dispensing pump market are strengthening their production capacity for compact liquid and wall-mounted dispensers that are user-friendly and avoid user contact points.
As manufacturers increasingly realize that there is no one-size-fits-all solution, market participants are providing products based on the needs of end users.
Some participants focused on the development of airless pump technology and recyclable containers. In addition, many companies are investing in R&D activities focused on pumping technology, which may help to almost empty the liquid in the container. All these factors help the company gain a competitive advantage over other participants.
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Liquid distribution pump market: major players
This report introduces the main players operating in the liquid distribution pump market. Therefore, this document provides all important data, including company overview, product portfolio, financial overview, recent developments, and business strategies of each participant in the market.
Some of the main players in the liquid distribution pump market are:
Global Liquid Distribution Pump Market: Segmentation
Liquid distribution pump market, by product type
Liquid dispensing pump market, according to pump dosage
Liquid distribution pump market, by end use
Liquid distribution pump market by region
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