Report Overview
The France foam pumps market size was estimated at USD 3.3 million in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 3.2% from 2020 to 2027. Rising consumer purchasing power and awareness about various personal care and cosmetic products are likely to fuel market growth.
The product benefits such as easy dispensing, attractive looks, ease in storing and carrying are projected to result in the growing popularity of foam pumps in the cosmetics & skincare, and personal care application segments. In addition, improved standards of living and the introduction of various cosmetics and personal care products are likely to drive the market for foam pumps.
The market for foam pumps is expected to exhibit slow growth in France due to the continuous changes and improvements in the existing packaging of products. The changing consumer preferences coupled with the demand for convenient packaging solutions for cosmetics, skincare, personal care, and kids care products are anticipated to boost the demand for foam pumps.
Increasing tourism in France has promoted the demand for easy to carry packaged products including face wash, shampoo, hand wash, and face scrubbers. The consumers prefer to use handy and easy to store and carry products over bulky products. The bottle packaging with foam pumps allow easy dispensing of the product, which is likely to boost industry growth.
Consumers give high emphasis on ease of access, storage, and reusability of products. Rising focus on the development of product packaging as per the consumer requirements is projected to fuel market growth. Brands are increasingly seeking opportunities in utilizing innovative dispensing solutions with improved convenience functionality.
The fast-moving consumer goods market is increasingly focusing on enhancing the consumer product experience by adding levels of convenience. The manufacturers and the brands are investing in the development of enhanced consumer control that provides an easy dispensing mechanism. This is projected to benefit the expansion of the France foam pumps market.
Application Insights
The cosmetics and skincare application segment accounted for a revenue share of 83.3% in 2019. Foam pumps help in easy dispensing and provide an attractive look, which is likely to propel demand among consumers. In addition, the rising demand for cosmetics and skincare products among the consumers is likely to further benefit segment growth.
The cosmetics and skincare brands are increasing their product offering that caters to various consumer needs. In addition, consumers demand convenient packaging solutions. The brands are increasingly investing in the development of innovative packaging solutions, in order to cater the consumer needs.
The cosmetics industry in France has witnessed growth over the years owing to the presence of multiple well-established beauty care brands in the country. In addition, rising awareness related to the benefits of hygienic products such as face cleansers, pore cleansers, shampoo, and shaving foam is likely to benefit the demand for new and innovative packaging solutions.
Changing lifestyles among the consumers coupled with rising health and hygiene concerns among the consumers is projected to boost the demand for personal care products. In addition, the increasing number of personal care product manufacturers in France is anticipated to boost the demand for packaging, thereby driving the foam pump market over the forecast period.
Key Companies & Market Share Insights
The market for foam pumps is competitive in nature owing to the presence of multinational players and a large number of domestic manufacturers engaged in the business. In addition, the wide availability of raw materials coupled with a huge demand from application industries has surged the market positively.
Mergers and acquisitions, joint ventures, third party agreements, and other strategic initiatives are also considered by the players to stay competitive in the market. The establishment of a dedicated supply channel and distribution network for the products has played a crucial role in enhancing the business, thus, the emerging players are following the same trends. Some of the prominent players in the France foam pumps market include:
JVD Group
Siligan Dispensing Systems
Aptar Group, Inc.
Rieke
Albea
Guala Closures S.p.A.
Raepak Ltd.