Aerosol Valves Market Forecasts to 2030 – Global Analysis By Type (Continuous Valves and Metered Valves), Material, Application and By Geography
According to Stratistics MRC, the Global Aerosol Valves Market is accounted for $3.4 billion in 2023 and is expected to reach $5.2 billion by 2030 growing at a CAGR of 6.0% during the forecast period. Aerosol valves are crucial components in aerosol containers, enabling controlled release of contents. Comprising a valve stem, gasket, and actuator, they regulate product dispense through precise metering and sealing mechanisms. These valves accommodate diverse products like personal care items, household cleaners, and pharmaceuticals. Variants include continuous-spray, metered-dose, and bag-on-valve designs, each suited to specific applications. Aerosol valves ensure product integrity, convenience, and safety, facilitating efficient dispensing while minimizing waste and environmental impact. Their versatility and reliability make them indispensable in various industries, enhancing product delivery and user experience.
According to AEROBAL, the cosmetics sector remains the most important market for aluminum aerosol cans by far, accounting for nearly 85% of total production worldwide.
Market Dynamics:Driver:Rising demand for personal care products
As the demand for personal care products such as deodorants, hair sprays, and body sprays grows, manufacturers need to produce more aerosol containers equipped with valves to meet consumer needs. Manufacturers may develop valves with enhanced features such as precise dispensing, ergonomic design, and compatibility with various formulations to cater to the preferences of personal care product consumers. This leads to an increase in the production of aerosol valves to accommodate the expanding market for personal care items.
Restraint:Growing concerns about the environmental impact
Negative perceptions of aerosol products as environmentally harmful may influence consumer purchasing decisions, leading to a decline in demand for aerosol-based personal care and household products. Manufacturers may face pressure to respond to consumer preferences by phasing out aerosol packaging options and there may be a proliferation of eco-friendly alternatives to aerosol products, such as pump sprays or refillable containers. This increased competition can saturate the market and reduce the market share of aerosol valves.
Opportunity:Rising prevalence of respiratory diseases and growing adoption of metered-dose inhalers
The growing adoption of metered-dose inhalers expands the market for aerosol valves beyond traditional applications in personal care and household products. The rising prevalence of respiratory diseases, such as asthma and chronic obstructive pulmonary disease (COPD), drives the demand for MDIs, which are commonly used for delivering respiratory medications. Aerosol valve manufacturers may capitalize on the burgeoning healthcare sector by providing specialized valves designed for medical aerosol delivery systems, catering to the specific needs of patients and healthcare providers.
Threat:Adopting alternative packaging solutions
Alternative packaging solutions may be subject to different regulatory requirements compared to traditional aerosol products. Companies in the aerosol valves market will need to ensure that their products meet relevant environmental and safety standards in order to remain compliant and avoid potential penalties. For example, transitioning production lines to accommodate new packaging formats or developing new manufacturing processes can require significant capital expenditure.
Covid-19 Impact
The COVID-19 pandemic has created a favourable 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 continuous valves segment is expected to be the largest during the forecast period
The continuous valves segment is estimated to have a lucrative growth, as continuous aerosol valves offer convenience by allowing users to apply a continuous and consistent spray without the need for repeated manual pumping. This ease of use can be particularly appealing to consumers, leading to increased demand for products that incorporate these valves. Products that require even distribution, such as cosmetics, food sprays, and automotive care products, benefit from continuous aerosol valves. These valves help ensure that the product is dispensed uniformly, minimizing wastage and providing better coverage.
The automotive segment is expected to have the highest CAGR during the forecast period
The automotive segment is anticipated to witness the highest CAGR growth during the forecast period, in the automotive sector, aerosol valves find application in packaging lubricants and degreasers. In the industrial sphere, these valves play a pivotal role in the packaging of lubricants and cleaners, enabling precise application in the desired amount to designated areas. Moreover, aerosol valves also play a crucial role in the packaging of industrial paints and coatings, ensuring effortless paint application and delivering a consistent, uniform surface finish.
Region with largest share:Asia Pacific is projected to hold the largest market share during the forecast period owing to the enormous demand for industrial and pharmaceutical packaging. The infrastructural development in regions like India and China will likely expand the demand for the aerosol valves in the near future. The rising prevalence of the pharmaceutical industry will boost the demand for the aerosol valves in the market. In Asia Pacific, the china will lead the market due to the innovative packaging style of the product for the end-use consumers.
Region with highest CAGR:Europe is projected to have the highest CAGR over the forecast period, as Europe has significant demand for aerosol valves for various sectors, including healthcare, personal care, automotive, etc. A survey conducted by Global Web Index on over 2,300 web users from the United Kingdom who buy natural cosmetic and personal care products regularly indicated that about 80% did so because they care about the environment and their health. Moreover stringent government regulations surrounding the collection and recycling of used cans have made the industry follow an optimum chain of operations to comply with the regulations.
Key players in the marketSome of the key players in the Aerosol Valves Market include Akzo Nobel N.V., Aroma Industries, Beiersdorf AG, Clayton Corp., Coster Tecnologie Speciali S.p.A., Ehrensperger AG., Estée Lauder Inc., Henkel AG & Co., KGaA, Honeywell International Inc., Jinxing Aerosol Valve Manufacture Co., Ltd., Newman Green Inc., Oriflame Cosmetics Global SA, Power Container Corp., Precision Valve Corporation, Procter & Gamble, S. C. Johnson & Son, Inc., Salford Valve Company Ltd., Summit Packaging Systems, Unilever and YingBo Aerosol Valve (ZhongShan) Co., Ltd.
Key Developments:In April 2024, AkzoNobel delivers continued volume growth and margin expansion in both Paints and Coatings. Based on current market conditions and constant currencies, AkzoNobel targets to deliver between €1.5 and €1.65 billion adjusted EBITDA in 2024
In April 2024, Beiersdorf and Rubedo announce multi-year partnership to develop breakthrough anti-aging solution. Beiersdorf additionally joins Rubedo as investor, having participated in its recently closed Series A financing round through its Oscar & Paul Corporate Venture Capital Fund.
In April 2024, Tide and Walmart Team Up to Expand Adoption of Washing in Cold with Consumers: For the Love of Their Laundry, Their Wallets and the Planet, the multi-month campaign, which launch in conjunction with Earth Day.
Types Covered:
• Continuous Valves
• Metered Valves
Materials Covered:
• Aluminum
• Steel
• Plastic
• Other Materials
Applications Covered:
• Household
• Personal Care
• Food Industry
• Healthcare
• Automotive
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements