Dropper

Dropper Market to Grow by USD 52.40 Million During 2021-2025 | Growing Need for Innovative Cosmetic Packaging to Boost Market Growth | Technavio

Retrieved on: 
Tuesday, March 30, 2021

The dropper market is expected to grow by USD 52.40 million during 2021-2025, expanding at a CAGR of about 5%.

Key Points: 
  • The dropper market is expected to grow by USD 52.40 million during 2021-2025, expanding at a CAGR of about 5%.
  • Dropper Market: Growing need for innovative cosmetic packaging to drive growth.
  • Hence, the growing need for innovative cosmetic packaging is expected to drive the growth of the market during the forecast period.
  • "Improvements in healthcare infrastructure and the need for advanced vaccinations and medicines will further boost market growth during the forecast period", says a senior analyst at Technavio.

Comar Announces Major Expansion to Meet Growing Dropper Assembly Demand

Retrieved on: 
Tuesday, January 14, 2020

Over that time, Comar built a unique and unmatched library of injection molds to produce hundreds of components and over 1,700 unique SKU combinations.

Key Points: 
  • Over that time, Comar built a unique and unmatched library of injection molds to produce hundreds of components and over 1,700 unique SKU combinations.
  • In recent months, a combination of market developments has spiked dropper demand to unprecedented levels.
  • Underpinning these growth categories are steady demand for applications of dropper assemblies in the medical diagnostics, pharmaceutical, and food & beverage segments.
  • This significant and sustained increase in demand is being felt on a global scale and manufacturers could not react fast enough.