The powder dispenser market is likely to record a promising CAGR of 5.8% during the forecast period. The market is currently valued at USD 413 Million and is likely to reach USD 686 Million by 2032.
Attributes | Details |
---|---|
Powder Dispenser Market CAGR (2022 to 2032) | 5.8% |
Powder Dispenser Market Value (2022) | USD 413 Million |
Powder Dispenser Market Value (2032) | USD 686 Million |
The power dispenser machine’s function can be easily explained as it dispenses a limited amount of powder once clicked. Its use in various industries is known as it saves time and divides the powder equally and precisely. Its aesthetic looks and durability also make it the first choice for end users.
The high sales of powder dispenser machines are driven by its hygienic approach, especially in the time of Covid-19. The coronavirus pandemic has fueled the demand for power dispensers, as it has provided a barrier for moisture and gases. The power dispenser’s capability of convenient usage and refilling the powder with ease is what makes it very useful for the end user, increasing the sales of the power dispensers.
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The driving force for increasing demand for powder dispensers in the global market is to deliver the calibrated amount of powder. However, the fueling factor for increasing sales of powder dispensers in the market is avoiding wastage during the filling of the product.
Extending to this, increasing implementation of high-end technologies and automation in industries drives the global sales of powder dispensers. Also, to reduce processing time, powder dispensers are widely adopted in many industries.
The global market of powder dispensers is growing exponentially against the backdrop of parent markets such as food & beverages; and pharmaceuticals.
Due to patient-specific dosing, pharmaceutical powder dispensers are in huge demand in; health care, the pharmaceutical sector, and pathologies. In the food and beverages industries, the demand for powder dispensers is increasing in multiples for getting an exact number of additives and preservatives for increasing the life of the product.
Besides this, the powder dispenser market is boosting across the world because of the high-end technologies used in the chemicals, paint, and coating industries. Following these sectors, the powder dispenser market has potential growth because of other sectors like cosmetics, textiles, and personal care products. With the changing trends, powder dispensers with artistic templates are also used in retail coffee shops.
The small-capacity powder dispensers are available at a low cost. However, industrial powder dispensers are very costly. This might slow down the growth of the powder dispenser market.
With advanced technologies and increased awareness about health and hygiene maintenance, the preference for powder dispensers is increasing potentially. It is witnessed that, in the Asia Pacific region, the demand for powder dispensers is rising due to the expansion of the food and beverages industries. Soaring demand for powder dispensers is expected in North America, increasing the demand for powder dispenser machines.
The production of chemicals and fertilizers increased in 2018 in North America due to Hurricane Harvey in 2017. This might give a positive impact on the market of powder dispenser market for dispensing powdered chemicals and fertilizers.
Europe is the second-largest market for pharmaceuticals and nutraceuticals, followed by the USA It’s a mature market with the maximum market share from the past few years. Hence the sluggish growth of this market is expected in Europe, increasing the sales of powder dispenser machines in the region.
The key players in the Powder dispenser market are focusing on durability, advanced technology, and quick dispensing. The competitor's focus on better functioning and efficiency drives the demand for the Powder dispenser business. This drives the sales of Powder dispensers.
Key players in the powder dispenser market include IDM Ltd, Capsugel, COROB, FTA Inc, 3P Innovation, Corporation GmbH, Gironex, Ferry Industries, Autodose, and BioDot Inc
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5.8% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments Covered | Product Type, Size, Dispensing Mode, Powder Dispensing Capacity, End Use. |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
Key companies profiled | IDM Ltd; Capsugel; FTA Inc; 3P Innovation; Corporation GmbH; Gironex; Ferry Industries; Autodose; and BioDot Inc |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Pharmaceuticals are the biggest segment for the powder What Segment is the Prominent Powder
dispenser market by power dispensing capacity and is expected to hold a big portion of the market in the forecast period as new pharmacies grow in developing countries.
Key competitors holding substantial powder dispenser market share are IDM Ltd, Capsugel, FTA Inc, 3P Innovation, Corporation GmbH, Gironex, Ferry Industries, Autodose, and BioDot Inc
Demand for powder dispensers is likely to rise with the factors like advent of coronavirus, and spreading awareness about powder dispensing machines. This increases the demand for powder dispensers.
Market Value (2022) | USD 3 Billion |
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Market Value (2032) | USD 7.10 Billion |
Market CAGR (2022 to 2032) | 9% |
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