Aerosol Valves Market Share, Size, Trends, Industry Analysis Report, By Type; By Product Type (Continuous type, Metered Type); By Application (Personal Care, Household, Healthcare, Food Industry, Automotive, Others); By Region; Segment Forecast, 2024 - 2032
- Published Date:Jan-2024
- Pages: 119
- Format: PDF
- Report ID: PM1177
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The aerosol valves market was valued at USD 1,963.61 million in 2023 and is expected to grow at a CAGR of 5.3% during the forecast period.
The machinery that releases the compounds from the can or container is known as an aerosol valve. There are several uses for these aerosol valves in the packaging of food items, deodorants, personal care items, hair spray, home goods, pesticides, and other pharmaceutical products. These factors drive the aerosol market growth.
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Aerosol valves, often referred to as spraying devices, are attached to containers carrying the substance to be sprayed under pressure. People are increasingly using aerosol valves as a trend.
The main element driving up demand for aerosol valves is a rise in consumer expenditure on personal care and hygiene items. Rapid urbanization in emerging nations increased need for simple and easy-to-handle packaging, and rising concern about product safety and security are some other reasons driving the market's expansion.
The COVID-19 pandemic has created a favorable environment for the expansion of the aerosol valve industry because of the increased demand for medical supplies and medications. Demand has declined in application sectors including disrupted manufacturing, cosmetics, and the automobile industry. The usage of aerosol valves in the food, disinfection, and homecare industries as well as the medical sector has increased the market's value.
The US Environmental Protection Agency taking further safety precautions to stop the spread of COVID. As a result, there is more need for sanitizers and disinfectants. These elements have boosted the need for the manufacture of aerosol valves.
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Industry Dynamics
Growth Drivers
The industry for aerosol valves is said to be primarily driven by rising disposable income and a preference for simple packing. The growing need for personal care items like deodorants, face and body creams, sunscreens, shaving foams, and fragrances by a significant portion of the population in developed nations is also seen to be a major factor in the market expansion for aerosol valves.
Growing demand for personal care products, as well as home cleaning aerosols, is what is driving the aerosol valve market. Aerosols are used for the sale of deodorants, hairspray, shaving cream, face cream, and body cream. The availability of alternatives in terms of packaging and pricing, as well as changes in the price of raw materials, are the major restraints on the market for aerosol valves. While environmental issues and the disposal of aerosol valves are a barrier to the market's expansion for these devices.
Report Segmentation
The market is primarily segmented based on type, product type, application, and region.
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By Type |
By Product Type |
By Application |
By Region |
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Continuous product type segment accounted for the highest market share
The market for continuous type aerosol valves is anticipated to grow considerably as a result of the growing demand for stainless steel aerosol valves in the personal care industry in aerosol cans for the packaging of different products such as deodorants, face & body creams, shaving foams, and perfumes. Aerosol valves made of stainless steel have several advantages, including resistance to corrosion, heat, enhanced cleanliness, and long-term value. These valves also used in medical delivery system in pharmaceutical industry.
Personal care segment held the significant market revenue share
This is related to growing cosmetics spending in emerging nations, increased healthcare awareness, and rising pharmaceutical aerosol demand. Another market driver is predicted to be the expanding personal care industry, which is gaining from the rise in popularity of aerosol-based cosmetics. Demand for the product is anticipated to be supported by consumer preference for aerosol cans over conventional creams and foams applied by hand. The increasing uses of convenient packaging in personal care products propel the segment growth.
However, the automotive industry is expanding rapidly in emerging nations as a result of the expansion in urban population and rising income. The need for aerosol valves is being driven up by the increasing replacement rate of diesel/petrol vehicles in industrialized economies with electric or hybrid vehicles. However, limitations placed on aerosol production and product safety connected to the composition of the contents within the containers are anticipated to hinder the growth of the aerosol valve market.
North America dominated the global market in 2022
Due to the strong economies of the US, Canada, and Mexico, the market share of the Aerosol valve sector is predicted to increase in North America. Significant potential for the expansion of the aerosol valve market is also being presented by the rising demand for goods like food, healthcare, automobiles, and personal care items throughout the area.
The need for easy packaging is growing, increased rivalry among the existing market players, the adoption of new techniques and dispensing structures, and other factors are driving the expansion of the aerosol valve regional industry.
Since the Asia-Pacific area is considered as the top industrial center and supplies many parts of the world, demand for packaging services in the Asia-Pacific region h. As a result, the market for aerosol valves is growing due to expanding population and better-quality goods.
Competitive Insight
Some of the major players operating in the global market include Mitani Valve Co., Ltd., Newman Green Inc., AptarGroup, Inc., Precision Valve Corporation., Clayton Corporation, Lindal Group Holding GmbH, SALVALCO, Majesty Packaging System Limited, Aroma Industries, DS Containers, Power Container Corporation, Seung IL Corporation.
Recent Developments
In April 2022, A group of six businesses, including Foresight Williams Technology, Green Angel Syndicate, AWI Ltd, Beiersdorf, Growthdeck Ltd, and Fin. Essa, has agreed to invest Euro 2.5 million in Salvalco, a Yorkshire-based manufacturer of specialized aerosol technology, to promote expansion. The additional funds will be utilized to increase manufacturing capacity at Salvalco's Thailand facility, as well as to enhance R&D efforts and the patent portfolio.
In December 2021, The Nivea Ecodeo product range has a more environmentally friendly aerosol valve system, and Beiersdorf has switched to 100% recycled aluminum cans for all of its Nivea Men products as part of its sustainability effort. Additionally, the business said that this selection of deodorants and shaving gels will be offered for the European market in ecologically friendly packaging.
In July 2019, Aptar introduced a fan spray attachment for bag-on-valve culinary sprays, packaging that promotes more natural food preservation, such as bag-on-valve packaging, is particularly notable in the cooking spray industry.
Aerosol Valves Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 2062.97 million |
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Revenue forecast in 2032 |
USD 3,125.41 million |
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CAGR |
5.3% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments Covered |
By Type, By Product Type, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key Companies |
Mitani Valve Co., Ltd., Newman Green Inc., AptarGroup, Inc., Precision Valve Corporation., Clayton Corporation, Lindal Group Holding GmbH, SALVALCO, Majesty Packaging System Limited, Aroma Industries, DS Containers, Power Container Corporation, Seung IL Corporation. |
FAQ's
key companies are Mitani Valve Co., Ltd., Newman Green Inc., AptarGroup, Inc., Precision Valve Corporation., Clayton Corporation, Lindal Group Holding GmbH, SALVALCO, Majesty Packaging System Limited, Aroma Industries, DS Containers.
The aerosol valves market expected to grow at a CAGR of 5.3% during the forecast period.
key segments are type, product type, application, and region.
key driving factors are Growing demand for personal care products.
Aerosol Valves Market Size Worth $3,125.41 Million By 2032
