Author: Vikas Kumar
12 January 2023
The global fingertip sprayers market is likely to showcase a growth of around 5% during the forecast period. Fingertip sprayer is among the preferred packaging type for both the manufacturer and consumer of the product as it helps in maintaining a considerable profit margin from one manufacturer’s end whereas easy-to-use and perfect spray properties from the consumer side is increasing the market for fingertip sprayers.
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Fingertip sprayers are quite commonly used in the space of personal care & cosmetics industry as this type of packaging helps consumers to easily handle the products. Further, it is considered an excellent choice for thin, low-viscosity liquids to be misted as a result a large number of other end-user like the food & beverage, nutraceutical, and pharmaceutical industry is increasingly offering a range of products with fingertip sprayers. Global beauty and personal care was valued at over $500 billion in 2020 and is expected that the market would showcase robust growth over the forecast period owing to rising disposable income, increasing people spending on personal hygiene, growing population, and urbanization, as a result, increase the demand for packaging products. Using fingertip sprayers, consumers can get the perfect spray every time for their health and beauty products as a result increase the product consumption duration.
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Based on material, the market is bifurcated into plastic and metal. It is expected that during the forecast period, the plastic category is likely to showcase robust growth as companies are taking various steps to cut down the production cost as a result it is expected that manufacturing companies will focus on plastic-based fingertip sprayers over metal-based as prior one is low in cost compared to metal.
Based on application, the market is categorized into personal care & cosmetics, pharmaceutical, cleaning products, and others. Among these, the personal care & cosmetics industry held a prominent position in the market and is expected to retain its position during the forecast period. Rising hygiene awareness among consumers, increasing spending on personal care and grooming products, and the growing millennial population in regions like Asia-Pacific are increasing the demand for personal care & cosmetics products, thus increasing the consumption of fingertip sprayers.
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For a better understanding of the market adoption of fingertip sprayers, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. During the forecast period, the Asia-Pacific region is likely to outpace the fingertip sprayers market growth of other regions owing to the increasing manufacturing base of personal care & cosmetics and pharmaceutical industry. Further, luring government policies to increase the foreign investment in the regional economies is likely to propel the market for fingertip sprayers.
Global Fingertip Sprayers Market Segmentation
Market Insight, by Material
• Plastic
• Metal
Market Insight, by Application
Market Insight, by Region
Top Company Profiles
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