Press release
Exploring Aerosol Valves Market 2024: Size, Share, Growth, Trends, and Forecast to 2033
Aerosol Valves Market
The aerosol valves market size is expected to see strong growth in the next few years. It will grow to $2.63 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to shift towards sustainable packaging, customization and branding opportunities, expansion of pharmaceutical inhalers, demand for homecare and cleaning products, globalization of cosmetic and personal care brands, rise in e-commerce and online retail. Major trends in the forecast period include development of low-impact propellants, innovation in valve designs, digital printing on aerosol cans, technological advancements in valve design.
Market Overview -
Aerosol valves are devices used in aerosol containers to control the product's release. The aerosol valve typically consists of a housing or body, a stem or actuator, a gasket or sealing mechanism, and a dip tube.
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Personal Care Product Boom Fuels Growth In The Aerosol Valve Market
The rising demand for personal care products is expected to propel the growth of the aerosol valve market going forward. Personal care products refer to a wide range of products used for maintaining personal hygiene, enhancing appearance, and promoting overall well-being. Aerosol valves in personal care products provide controlled and efficient dispensing, ensuring precise application, convenient usage, and longer shelf life. For instance, in 2023, according to Cosmetics Europe, a Belgium-based personal care association, every day,500 million consumers use personal care products to enhance their well-being and protect their health. Additionally, the personal care industry involves approximately USD 31.23 billion (€29 billion) annually to the European economy. Therefore, the rising demand for personal care products drives the aerosol valve market.
Competitive Landscape -
Major companies operating in the aerosol valves market report are Procter & Gamble Co, Honeywell International Inc., Henkel AG & Co. KGaA, Estée Lauder Inc., Akzo Nobel N.V, Beiersdorf AG, Aroma Industries, Aptar Group Inc., Maruichi Co. Ltd., Kendrion (Mishawaka) LLC, Weener Plastics Group, Bespak PLC, Coster Group, Seaquist Perfect Dispensing Ltd., Seung-il Corporation, Summit Packaging Systems Inc., IGS Aerosols GmbH, DS Containers Inc., LINDAL Group Holding GmbH, Clayton Corporation, Packaging Concepts Associates LLC, Shanghai Metal Corporation, Pacific Bridge Packaging Inc., Precision Valve Corporation, Salvalco, Mitani Valve Co Ltd., LINDAL Group Holding GmbH, Newman-Green Inc., KOH-I-NOOR Mladá Vožice a.s., EC Pack Industrial Limited.
Innovative Products Shaping The Aerosol Valves Market
Innovation in aerosol valves is a key trend gaining popularity in the aerosol valves market. Major companies operating in the aerosol valve market are focused on innovation in valves to sustain their position in the market. For instance, in October 2022, Plastipak, a US-based plastic fabrication company launched SprayPET Revolution, an all-polymer aerosol. This product is 100% polymer aerosol, with valves and is fully recyclable. The valve seals with novel polymers other than PET that have a molecular density of less than 1g/cm3. This implies that during the recycling process, the valve can be easily processed with the PET container.
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Key Segments -
The aerosol valves market covered in this report is segmented -
1) By Product Type: Metered, Continued
2) By Material: Steel, Aluminum, Other Materials
3) By Application: Medical, Personal Care, Household, Automotive And Industrial, Foods, Paints, Other Application
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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