DUBLIN, April 20, 2018 /PRNewswire/ —
The “Aerosol Valves Market by Type (Metered, and Continuous), End-use Sector (Personal Care, Home Care, Healthcare, Automotive) and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Global Forecast to 2022″ report has been added to ResearchAndMarkets.com’s offering.
The research projects that the aerosol valves market size will grow from USD 2.71 Billion in 2017 to USD 3.30 Billion by 2022, growing at a CAGR of 4.03% between 2017 and 2022.
Growing demand for aerosol-based products in the home care, personal care, and healthcare sectors are driving the market growth for aerosol valves which offers ease of handling and occupies less space. Furthermore, the growing demand for easy to use products due to widening consumer acceptance is expected to drive the growth of the aerosol valves market.
The aerosol valves market has been segmented on the basis of type, end-use sector, and region. On the basis of type, continuous aerosol valves accounted for a larger market share in 2017, in terms of both volume and value due to its wide range of application in various end-use sectors. For instance, in personal care, continuous aerosol valves are used in deodorants, hairsprays, and shaving creams; in the automotive sector they are used for spray paints and in lubricants dispensing aerosol cans; and in the food & beverage industry, aerosol valves due to their easy dispensing mechanism are widely used for whipped cream dispensing aerosol cans.
On the basis of end-use sector, the personal care segment accounted for the largest market share, in terms of both volume and value. Increase in disposable incomes of the population in developing countries and change in preferences of manufacturers for convenient packaging are some of the factors that are driving the aerosol valves market. Aerosol valves are widely used in the personal care industry in aerosol cans for the packaging of different products such as deodorants, face & body creams, shaving foams, and perfumes
On the basis of key regions, the market for aerosol valves has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America accounted for the largest share among all the regions in 2016. This is mainly due to the developed economies of the US and Canada, coupled with growth in applications of aerosol valves in the personal care, automotive, and healthcare industries.
Availability of alternatives in terms of packaging and price are the restraining factors for the growth of the aerosol valves market. Disposal of the aerosol valves and environmental concerns also pose a challenge to aerosol valves manufacturers
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Developing Economies to Witness Higher Demand for Aerosol Valves
4.2 Aerosol Valves Market, By Type
4.3 Aerosol Valves Market, By End-Use Sector
4.4 Aerosol Valves Market: Regional Snapshot
5 Market Overview
5.2 Market Dynamics
126.96.36.199 Strong Demand From the Cosmetic & Personal Care Industry
188.8.131.52 Shift Towards Easy-To-Handle and Convenient Packaging
184.108.40.206 Concerns About Product Safety and Security
220.127.116.11 Availability of Alternatives in Terms of Packaging and Price
18.104.22.168 Emerging Economies Offer High Growth Potential
22.214.171.124 Stringent Government Regulations
6 Aerosol Valves Market, By Type
7 Aerosol Valves Market, By End-Use Sector
7.1.1 Personal Care
7.1.2 Home Care
8 Aerosol Valves Market, By Region
9 Competitive Landscape
9.2 Market Ranking of Key Players
9.3 Competitive Scenario
9.3.1 Expansions & Investments
9.4 Production Capacity Analysis
10 Company Profiles
10.2 The Precision Valve Corporation
10.3 Coster Tecnologie Speciali
10.4 Lindal Group Holding GmbH
10.5 Mitani Valve
10.6 Summit Packaging Systems
10.7 Clayton Corp.
10.8 Newman Green
10.9 Koh-I-Noor Mlad Voice A.S.
10.11 Majesty Packaging Systems Limited
10.12 Shanghai Sunhome Industrial Company
10.13 EC Pack Industrial Limited
10.14 C. Ehrensperger Ag.
10.15 Aroma Industries
10.16 Seugn Il Corporation
10.17 Yingbo Aerosol Valve (Zhongshan) Co., Ltd.
10.18 Guangzhou Zhongpin Aerosol Valves Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/research/5gg2xh/aerosol_valves?w=5
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SOURCE Research and Markets