Dual Dispensing Technology Market: Recent Industry Analysis and Forecast 2016 – 2024
Dual dispensing technology is used to deliver two different formulations which can be mixed simultaneously or mixed after actuation. This technology can be used for standard as well as customized dispensing solutions in cosmetic creams, high end lotions, oil, glues and even food applications. End users’ benefit from complete customization of perfumes and colors, changeable strengths and intensities, separation of ingredients and more. Now a days, consumers are more tech savvy and ready for advanced customers packaging which brings optimal results and satisfy the needs.
Browse through the full “Dual Dispensing Technology Market” Report @ http://www.persistencemarketresearch.com/market-research/dual-dispensing-technology-market.asp
Increasing demand for compact and easy to carry products is increasing among the consumers. Consumers are looking for cost effective product with multiple options for its applications. This accounts among the few important drivers for this market. The dual dispensing technology market is driven by increase in demand for smart and innovative dispensing systems and equipment in developing countries such as India and China. Dual dispensing technology offers the user multiple ratio option which allows for multiple settings between formulas. A variety of marketplace aspects have combined to shoot sales of compact beauty and skin care products. Cosmetics market is expected to experience a high impact due to this technology. Redken has already started offering dual dispenser custom blending technology in professional hair care products. This market is expected to grow with a rapid pace. Today there is a need to show packaging functionality and appealing ergonomics in various consumer products which in turn anticipated to drive dual dispensing technology market. Global skin care market is estimated to grow at a CAGR of 3.96% from 2015-2016 in terms of value. Dual dispensing technology has a wide scope in skin care market and the growth of skin care market will ultimately account for the growth of dual dispensing technology.
High cost of the equipment for dual dispensing could act as a restraint for this market. In addition to this, well-established manufacturers can lead a monopoly in this market acting as a barrier to entry for new players.
Based on the material used type, the global dual dispensing technology market is segmented into:
Based on the nozzle type, the global dual dispensing technology market is segmented into:
Based on the end-use industry, the global dual component packaging machine is segmented into:
•Hair care industry
•Oral care industry
In terms of geography, the global dual dispensing technology market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global dual dispensing technology market is expected to register healthy CAGR during the forecast period. Currently Europe is leading the market followed by North America. Asia-Pacific is anticipated to experience higher growth for dual dispensing technology market. Factors such as urbanization, increasing standard of living along with an increase in sales of skin care, hair care and oral care products will stimulate the demand for the dual dispensing technology market globally.
Request for Sample Report and Table of content @ http://www.persistencemarketresearch.com/toc/11995
Some of the key players in the global dual dispensing technology market are DEMA Engineering Company, Dispense Park Inc., Exact Dispensing System, Fisnar Inc., Graco, Inc., Henkel AG and Company, Jensen Global Dispensing, Kleerblue Solutions, Nordson Corporation System, Sulzar Mixpac Inc., Toyo Aerosaol Industry, Versadail.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
The report covers exhaustive analysis on:
•Supply & Demand
•Competition & Companies involved
Regional analysis includes
•Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.
•Detailed overview of parent market
•Changing market dynamics in the industry
•In-depth market segmentation
•Historical, current and projected market size in terms of volume and value
•Recent industry trends and developments
•Strategies of key players and products offered
•Potential and niche segments, and regional markets exhibiting promising growth
•A neutral perspective on market performance
•Must-have information for market players to sustain and enhance their market footprint