Global Aerosol Valve Market Size study & Forecast, by Type (Continuous, Metered), End-user Industry (Personal Care, Home Care, Healthcare) and Regional Analysis, 2022-2029
Global Aerosol Valve Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. The aerosol Valve regulates the moment and flow of the fluid and other gaseous substances from the point of origin to the point of dispersion. The Aerosol Valve market is expanding because of factors such as Increasing demand from the automotive industry, paints & coatings, personal care, and cosmetics industries and the shift towards Easy-To-Handle and Convenient Packaging. The market is anticipated to grow soon, owing to the Rapidly growing urban population and rising disposable income, globally.
According to Beauty Industry Trends & Cosmetics Marketing, the beauty industry is expected to go from USD 483 billion, in 2020 to USD 511 billion, in 2021. Thus, with an increase in the demand from the cosmetics industry, there will be an ultimate increase in demand for Aerosol Valves. Further, according to Smart car, a total of 30 million new connected vehicles were sold in 2020 and the sales of connected cars are expected to reach 115 million, by the year 2025 globally. Whereas, according to Statista, global car sales are expected to hit 71.4 million units by 2021, up from 63.8 million units in 2019. Further, According to Automobile from Ultima Media 2019, sales of automotive power trains of all types are predicted to skyrocket. However, Stringent government policies toward aerosol manufacturing and fluctuations in the raw material prices may halt market growth.
The key regions considered for the Global Aerosol Valve Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the marketin terms of revenue, owing to rapidly growing demand in the personal care segment. According to Statista, the Beauty & Personal Care Market, in Europe is expected to go to USD 145.77 Billion, by the year-end of 2026 from USD 119.7 Billion, in the year 2022. The Asia Pacific is expected to grow with the highest CAGRduring the forecast period, owing to rising disposable income in the region.
Major market players included in this report are:
Salvalco
Aptargroup Inc
The Precision Valve Corporation
Coster Tecnologie Speciali S.P.A
Lindal Group Holding GmbH
Mitani Valve Co Ltd
Summit Packaging Systems Inc
Clayton Corp
Newman Green
Koh-I-Noor Mlada Vozice A.S
Recent Developments in the Market:
April 2022 – Salvalco acquired the funding of USD 2.46 million funding. This funding was made from a packet of Green Angel Syndicate, Beiersdorf, Foresight Williams Technology, AWI Ltd, Fin. Essa and Growthdeck Ltd. the major objective of this funding was to support the development and growth of the Aerosol Valves in the market. The new funding will be used to expand the manufacturing of the company’s plant based out of Thailand. Further, this will be invested in the R&D department developing the patent portfolio, in the forecast period.
Williams Advanced Engineering and Salford Valve Company Ltd. began working together in July 2021 with the primary objective of advancing disruptive aerosol valve innovation. Over the past few years, Salvalco has received funding totalling more than Euro 3 million from an investment account run by Williams Advanced Engineering and Foresight Group LLP (WAE).
Global Aerosol Valve Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, End-User Industry and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By End User Industry:
Personal Care
Home Care
Healthcare
By Type:
Continuous
Metered
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Salvalco
Aptargroup Inc
The Precision Valve Corporation
Coster Tecnologie Speciali S.P.A
Lindal Group Holding GmbH
Mitani Valve Co Ltd
Summit Packaging Systems Inc
Clayton Corp
Newman Green
Koh-I-Noor Mlada Vozice A.S
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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