Dispensing Pump Market Analysis

Product Type Segment Analysis

Manual segment is estimated to capture dispensing pump market share of around 48% by the end of 2035. The segment growth can be attributed to its growing usage of various fluids such as fuel, lubricants, paints, and others. Fuel dispensers have become a common sight at fuel stations and other places where fuel is sold. Additionally, the use of fuel dispensers is not limited to fuel stations, as dispensers are increasingly being used in industrial environments as a LNG carrier, and for liquefied petroleum gas (LPG), diesel, petrol, lubricants, engine oils, and greases.

According to a report, India had around 65,000 fuel outlets in 2019 with a previous decade growth rate of 5%, and in the next decade it is estimated to double in the next decade by 2030.

Furthermore, there is a requirement for accurate dispensing, as this ensures the proper dosage of fluids, which is crucial for industries such as healthcare & pharmaceuticals, where incorrect dosage can cause medical harm. It is also crucial for industries such as food and beverage chemicals, where incorrect dosage may result in poor-quality products. This has made the manual product a more attractive option for consumers and has also been a significant driver for the projected impact on dispensing pump market value.

Material Segment Analysis

The metal segment is set to garner a notable share with a significant CAGR and is likely to remain the second largest segment in the material of the dispensing pump market gain led by its high durability and robust material, which makes it an ideal choice for dispensing pump construction, as it is also able to withstand the intense pressures, forces, and wear and tear which these pumps had to endure during their use. According to the World Trade Organization, there has been a growth of more than 70% since 2017 in metal demand.

Additionally, metal dispensed pumps are designed with several aesthetic features such as a metal exterior, a metal handle, and many more, which makes them visually appealing. Credited to this, they are best suited for use in public spaces where their appearance matters.

Application Segment Analysis

The beauty & personal care segment is projected to hold a notable share by 2035. Using a dispensing pump offers a hygienic application of personal care and cosmetics by providing minimal direct contact with hands or fingers, this increases the shelf life of the product while preventing contamination as well. According to a report, the Beauty & Personal Care landscape is expected to be valued at a CAGR of about 8% and would cross more than 300 billion USD in 2029.

Our in-depth analysis of the dispensing pump market includes the following segments: