CATEGORY
Lotion Pumps
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Category Alerts
Aptar Group launches its first Metal-Free Highly Recyclable Nasal Spray Pump
January 31, 2023WWP Beauty launches sustainable Lotion Pump and Airless Pump collections
September 26, 2022Albea opens new plastic packaging recycling plant in the UK
August 23, 2022Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Lotion Pumps
Lotion Pumps Market Monitoring Dashboard
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Lotion Pumps Industry Benchmarks
Savings Achieved
(in %)
The average annual savings achieved in Lotion Pumps category is 5.40%
Payment Terms
(in days)
The industry average payment terms in Lotion Pumps category for the current quarter is 45.0 days
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Category Strategy and Flexibility
Engagement Model
Supply Assurance
Sourcing Process
Supplier Type
Pricing Model
Contract Length
SLAs/KPIs
Lead Time
Supplier Diversity
Targeted Savings
Risk Mitigation
Financial Risk
Sanctions
AMEs
Geopolitical Risk
Cost Optimization
Price per Unit Competitiveness
Specification Leanness
Minimum Order Quality
Payment Terms
Inventory Control
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Lotion Pumps Suppliers

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Lotion Pumps market report transcript
Lotion Pumps Global Market Outlook:
MARKET OVERVIEW:
Global Lotion Pumps market size: $2 billion (2020)
Expected to grow at a CAGR of 4–5 percent to $2.45 billion by 2024
KEY TRENDS:
- Value-added Closures: As brands continue to switch to more functional and user- friendly closures, their value will continue to increase.
- Anti-counterfeiting closures are poised to grow at about 13–14 percent CAGR, due to regulatory mandates in many markets.
Porter's 5 Forces Analysis of Dispensing Pumps
Supplier Power
- Suppliers are mostly large chemical firms, who produce multiple products and cater to a wide range of industries
- The commoditised nature of the product balances the negotiation power
- The developers of specialty resins, like bio-based/bio-degradable resins, would hold higher negotiation power over the product
Barriers to New Entrants
- Low barrier to new entrants, due to low capital requirements and less complexity of plants
- Such new entrants would have to compete with the existing small and large players for gaining market share, the barrier is low to medium
Intensity of Rivalry
- The competition between suppliers would be in terms of innovations and offering better custom product development capabilities and increased shelf-presence
- The rivalry between converters is medium to high
Threat of Substitutes
- Newer alternatives to conventional lotion bottles such as pouch based solutions have also adopted dispensing pumps and are adding to the demand
- There are no other viable alternatives for the product that offers similar performance
Buyer Power
- Many large personal care firms have product development partnerships with converters for custom solutions. This significantly lowers the buyer power
- For standard solutions, the high volumes purchased by buyers and low switching cost result in better bargaining position for the brand owners