The market for aerosol valve is expected to be driven by numerous factors such as rising demand for aerosol based products in homecare, personal care, and healthcare sectors as it offers ease of handling and occupies less space. In addition to this, rising concerns about personal hygiene and ease of use also influence the market for Aerosol Valves Market positively during the forecast period. High growth in the emerging economies and increasing demand for cosmetic products can be attributed to the growth of the market. Aerosol valves are witnessing a steady consumption in the packaging of deodorants, hairsprays, shaving creams, and face & body creams.
The raw materials such as springs and dip tubes, required for manufacturing the product are procured from low-cost suppliers. In the healthcare sector, the rising demand for asthma inhalers and respiratory equipment has triggered the demand for metered valves. Introduction of product innovation involving aerosol valves in food and FMCG products is expected to act as an opportunity for the market of aerosol valves. In the light of features such as durability, ease of use, and high recycling rate, the market segment for continuous valves is accounted for the largest market share in term of both volume and value.
However, fluctuations in the prices of raw material and availability of other options in term of packaging and price are a few factors that hinder the growth of the Aerosol Valves Market Growth. Disposal of aerosol valves, the presence of stringent regulations regarding waste reduction, and rising environmental concerns are some of the factors which act as a challenge for the market growth of aerosol valves.
Market Research Analysis:
Asia Pacific is expected to be the fastest-growing market during the forecast period. China is the largest consumer of aerosol valves in Asia Pacific owing to growth and expansion of personal care and healthcare industries in the country which is expected to impact the market for aerosol valves positively. Furthermore, in Japan, the increasing inclination of consumers toward convenient products is expected to drive the aerosol valves market in Asia Pacific.
On the other hand, due to the presence of mature economies like U.S. and Canada, the purchasing power of consumers North America is expected to be high, which will fuel the demand from personal care, automotive, healthcare and food products in the region. As a result, the demand for aerosol valves in the application areas mentioned above is expected to increase substantially. North America accounted for the largest share in 2016, whereas, U.S. is anticipated to dominate the North American aerosol valves market according to MRFR projections. Factors such as economic growth, intense competition among manufacturers, consumer preference for high-quality and convenient packaging are few factors responsible for the increasing demand for aerosol valves in this region.
This study provides an overview of the global aerosol valves market, broadly categorized into two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aerosol valves market by its type, and application, and region.
For More Details On this Report: https://www.marketresearchfuture.com/reports/aerosol-valves-market-6219
- Personal Care
- Automotive & Industrial
- North America
- Asia Pacific
- Rest of the World
The key players of Global Aerosol Valves market include Aptar Group (U.S.), Precision Valve Corporation (U.S.), Coster Tecnologie Speciali (Italy), Seung IL Corporation (South Korea), LINDAL Group Holding (Germany), Mitani Valve (Japan), Summit Packaging Systems (U.K), Clayton Corp. (U.S.), Newman Green (U.S.), KOH-I-NOOR Mladá Vožice a.s. (Czech Republic), Majesty Packaging System Limited (China) and Salvalco (U.S.).
Browse Related Reports:
Confectionery Packaging Market Information by Material, by Type, by Confectionery items and Region – Forecast to 2027
Converted Flexible Packaging Market Information: By Material, Product, Application, and Region – Forecast till 2027
Corrugated and Paperboard Boxes Market Report by Material, by Product, by Application and by Region – Global Forecast to 2027
Corrugated Boxes Market Research Report: Information, by Type, by Wall Construction, by Application and by Region – Forecast till 2028
Corrugated Handle Box Market Research Report: Information by Material, Capacity, End User and Region – Forecast till 2027
Corrugated Packaging Market Research Report: Information, by Type, By Wall Construction, by Materia, By Application, and by Region – Forecast till 2027
Cosmetic Bottle Packaging Market, By Material, By Application and Region – Forecast To 2027
Cosmetic Packaging Market Report Information By Materials, Product, Application, & Region- Forecast 2027
Cups & Lids Market: By Raw Material, Products, Application and Region – Forecast to 2027
Dairy Packaging Market Information: By Material, Type, End-Use and Region – Forecast till 2027
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
+1 646 845 9312