The global trigger spray bottle market is anticipated to garner a market value of US$ 2,400 million in 2023 and is expected to harness a market value of US$ 3,990 million by reflecting a CAGR of 5.2% in the forecast period 2023 to 2033. The market for Trigger spray bottle market registered a CAGR of 3.6% in the historical period 2018 to 2022.
Changing lifestyles and growing interest of consumers toward innovative and convenient products is propelling the growth of trigger spray bottle market. The availability of extensive range of spray bottle for variety of applications has increased the demand for the product. Customization of the spray bottles according to the need of the customers has increased the application of the product for different purposes. The convenience, reliability, and safe nature offered by trigger spray bottles has given traction to the sales of this product. Fluids can easily be stored in spray bottles without spillage, which provides the spray bottle product an edge over other bottle types. The supply of cheap plastics is also a key element that has surged the demand for spray bottles, which in turn is driving the market growth.
Growing consumer preference for personal care and cosmetic products especially in the emerging economies and rising personal disposable income are also fostering growth in the market. Furthermore, increasing demand for sanitizers owing to the coronavirus spread, growing demand for household products that assist in cleaning the areas, expansion of e-commerce platforms especially in the developing economies are also expected to augment market growth. Rising innovative product launches, growth in commodity trade in developing nations, shifting consumer lifestyle and increasing globalization and westernization will also create lucrative prospects for market growth in the long run.
On the other hand, Manufacturers are focusing on enhancing DIY trigger spray dispensers and bottles as convenience becomes a priority. This trend is mainly noticeable in the pharmaceutical industry, where better medicine delivery to patients is driving healthcare providers to invest in more effective dispensing technologies for providing better treatment.
The arrival of mini trigger pumps in the market is another latest advancement in the trigger sprayer bottle industry. Mini trigger pumps work with thousands of liquid products around the world. They are designed in such a way to make it easier for applications to be distributed over all types of surfaces. Various commercial and domestic applications can be used for mini trigger pumps. Antibacterial sprays, Oil-based substances, cleaning solutions, and hundreds of alternative household products are the most common.
On the regional end, North America is expected to dominates the trigger sprayer market by accumulating 37.4% market share by end of the forecast period due to the increasing use of personal care and hygienic products. Increasing cosmetics demand in the region is also propelling growth in this region. Furthermore, rising expenditure on improving personal appearance, rapid lifestyle changes, and rising adoption of natural products would fuel the product demand in the forthcoming years. The coronavirus's global outbreak has severely affected the United States population, which has positively influenced hand sanitisers' growth in 2020. Surging demand for hand sanitisers is more likely to trigger the market of trigger spray bottles in the region. The market is projected to maintain its momentum in the forecast period. The widely spread consumer goods sector is another factor propelling the growth of trigger bottle sprayers in the region.
Likewise, the market of trigger spray bottle in Asia-Pacific is expected to register highest CAGR of 5% during the forecast period. Increasing personal disposable income, rapid globalization, modernization, westernization and surging demand for household consumer goods especially in countries like China and India are some major factors stimulating growth in this region.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | US$ 2400 million |
Projected Market Value in 2033 | US$ 3990 million |
Growth Rate (2023 to 2033) | 5.2% CAGR |
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Latest developments in technology, mergers, acquisitions, tie-ups and partnerships within the companies involved in manufacturing trigger spray bottles are expected to create lucrative opportunities for market growth during the forecast period.
Global trigger spray bottles market is all set to rise in the coming years, as the use of plastic-packaged liquids is expanding rapidly. It allows different commercial and domestic liquids to be used economically. Trigger spray bottles find their application in various segments such as surface cleaners, stain removers, barbershop, car care, frying oil, metal restorers, and many more.
Trigger spray bottles are commonly used in various end-use industries like food, cosmetics, pharmaceutical, chemicals, and automotive for their ease of usage. Moreover, these bottles are widely accepted due to its characteristics like an incorporated lock to prevent accidental activation, free revolving ends for adjustment on the bottle, and high-quality performance.
These functions of trigger spray bottles prevent the leakage of chemicals or essential liquids from leaking out of the bottle during shipment or application. Trigger spray bottles offer an excellent range of dosage, including spray, jet, mist, and stream.
Trigger spray bottles are available widely in the number of sizes, designs, and shapes, making them a used to product of everyday life. Besides this, depending upon your product line, you may choose a classical, modern, technical, or futuristic trigger spray bottle. Other features like perfect finishes, ease of use, air sealed, and durable nature making them accessible globally.
Based on the end-use industry, cosmetics and household sectors are among the highest user of trigger spray bottles as global demand, personal care, and domestic cleaning products are rising very rapidly. Besides, the rising standard of living, cleanliness campaigns, and hygiene awareness in the emerging economies are thriving the trigger spray bottle market in the regions.
New fashion and personal care trends are fueling developments in the cosmetic industry globally, which is also rising the demand of trigger spray bottles all around the world. Some of the key manufacturers are focusing on making sterilizable, chemically inert, heat resistant, and reusable trigger spray bottles for all-purpose use, which is expected to boost the demand of the trigger spray bottles globally.
Even though all the plastic material used in the manufacturing of these bottles are recyclable, one should not be careless about disadvantages like global organizations are making stringent rules and regulations towards the usage of plastic in the packaging industry.
So, to be a part of this competitive market, packaging producers should come up with new alternative materials like sugar cane PE, hemp, paperboard, and others. Overall, the global outlook of trigger spray bottles is expected to remain positive over the forecast period.
Geographically, the trigger spray bottle market can be divided into seven key regions, including North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East and Africa (MEA) and Japan. In Asia Pacific region utilization of trigger spray bottles is increasing rapidly due to the rising population in the developing countries of the region like India, China, and Thailand. Also, there is huge space for growth in this region as people are migrating to urban and semi-urban areas resulting in increasing urban population.
Opportunities for trigger spray bottle market are also expected to go high as per capita consumption of packaged consumer goods is on the top priority in North America and Europe region. A good response to the trigger spray bottle market is proposed to increase in emerging countries like China, Brazil, Japan, India, and Thailand.
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