The metered dose squeeze dispenser market size was estimated at US$ 4.56 billion in 2022 and is anticipated to increase to US$ 9.14 billion by 2032, advancing at a CAGR of 7.2%.
Attributes | Details |
---|---|
Metered Dose Squeeze Dispenser Market CAGR | 7.2% |
Metered Dose Squeeze Dispenser Market Size 2022 | US$ 4.56 billion |
Metered Dose Squeeze Dispenser Market Size 2032 | US$ 9.14 billion |
The demand for precise dosage placed upon the pharmaceutical and cosmetics industries is one of the major factors contributing to the demand for metered dose squeeze dispenser. Another factor that is anticipated to contribute to the market expansion for metered dose squeeze dispensers is its practical characteristic of being simple to transport.
The rising consumer expenditure on more efficient and effective products as a result of greater disposable income is another significant factor contributing to the metered dose squeeze dispenser market growth. In addition, the expansion of the supermarket and hypermarket sectors of the retail sector is anticipated to fuel the growth of the market for metered dose squeeze dispenser globally.
Packaging has engrave itself as a major solution in order to protect and preserve the product from any type of harm such as contamination, leakage, damage, etc. during the transportation, consumption and storing. In order to protect the product, manufacturers are required and consumers are willing to adopt a packaging solution that possesses the feature of preserving and protecting.
Moreover, the precise amount of required dosage is considered as an important aspect for the user, therefore the product requires a packaging solution that dispenses required quantity product. The metered dose squeeze dispenser is a type of solution that dispense exact or required quantity product.
The key reason towards the design of the metered dose squeeze dispenser is that the liquid can be dispensed in any direction, from vertical to completely horizontal, while retaining an accurate dose. It consist of non-flexible trap chamber which is used to predetermined volume and a one way valve system that permits only a required dose of fluid to flow from the bottle. Moreover, these metered dose squeeze dispenser a suitable for any liquid where accurate metered dispensing is required or beneficial.
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The widespread availability and consumer preference for a traditional kind of squeeze dispensing solution, however, are limiting factors for the metered dose squeeze dispenser market growth.
The high cost of packaging is another issue impeding the growth of the global market for metered dose squeeze dispensers. This prevents producers from investing in packaging and discourages consumers from buying the product in large quantities at high prices.
The market expansion for metered dose squeeze dispensers is anticipated to be hampered by the strict regulations on the usage of plastic. Due of a problem with waste disposal, these metered dose squeeze dispensers are one-way dosing bottles, which raise environmental concerns.
Additionally, not only is the environment being harmed by the toxic waste coming from the metered dose squeeze dispenser manufacturing facilities, but also the homes close by.
The global market for metered dose squeeze dispenser is divided based on end users, including the food, pharmaceutical, and cosmetics industries. Due to the high demand for precise dosage solutions, the pharmaceutical industry is anticipated to be the largest contributor to the global metered dose squeeze dispenser market.
Due to the broad expansion of the retail industry and the on-going transition away from traditional forms of dosing packaging in the emerging nations such as India & China, the market for metered dose squeeze dispenser in Asia Pacific is predicted to experience an improvement in terms of sales.
Aside from this, North America is anticipated to be the region with the highest adoption of metered dose squeeze dispensers due to rising disposable income and rising consumer expenditure on more efficient goods.
Europe is expected to rank second globally in the market for metered dose squeeze dispenser. The growing worldwide geriatric population has resulted in an increase in chronic diseases and a significant volume of medicine dispensing. As a result, pharmacies and hospitals are beginning to implement cutting-edge pharmacy for metered dose squeeze dispenser in order to save money and improve patient safety.
The market for metered dose squeeze dispenser is fragmented, with a large number of competitors contending for a majority of market share. DeJonge Associates, Inc. is one of the leading players identified globally.
The global metered dose squeeze dispenser market is segmented on the basis of end user, such as cosmetics industry, pharmaceutical industry and food industry. The pharmaceutical industry is expected to be the largest contributor in the global metered dose squeeze dispenser market due to the heavy requirement of the exact dosage solution.
One of the significant factors towards the growth of the global metered dose squeeze dispenser market is the requirement of exact dosage subjected to pharmaceutical and cosmetics industry. Moreover, convenient feature of easy to carry is expected to be another reason towards the growth of the global metered dose squeeze dispenser market.
Another prominent cause towards the growth of the global metered dose squeeze dispenser market is the rising consumer spending towards more efficient and effective product due to increased disposable income. In addition to this, the growth of retail industry in terms of hypermarket/supermarket is also expected to drive the growth of global metered dose squeeze dispenser market.
However, the restraining factor towards the growth of the global metered dose squeeze dispenser market is the wide availability and consumer inclination towards a conventional form of squeeze dispensing solution. Another obstructing factor towards the growth of the global metered dose squeeze dispenser market is the high packaging cost, which hinder the manufacturers to spend on packaging and consumers to purchase the product in less quantity with high price.
Moreover, the stringent regulation towards the use of plastic is expected to hamper the growth of metered dose squeeze dispenser market. These metered dose squeeze dispensers are one way dosing bottle which is an environmental concern due to waste disposal issue. Furthermore, the toxic waste from the manufacturing units of metered dose squeeze dispenser is not only affecting the environment, but also the household those are residing around these units.
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Geographically, the global metered dose squeeze dispenser market is segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The global metered dose squeeze dispenser market is expected to witness a healthy CAGR over the forecast period of 2016-2026.
Asia Pacific is expected to witness an improvement in the metered dose squeeze dispenser market in terms of sales, due to the extensive evolution of the retail sector and the steady shift towards an innovative and useful packaging solution from traditional form of dosing packaging in the growing economies such as India & China. Apart from this, North America is expected to be the largest consumer of metered dose squeeze dispenser due to the rise in the disposable income and increase consumer spending towards more effective products.
One of the major players identified across the globe is DeJonge Associates, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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