Pune, India, September 2023, /MRFR Press Release/- Market Research Future published a half-cooked research report on global aerosol valves market. The global aerosol valves market is expected to grow at a CAGR of approximately 5.2% during the forecast period 2018 to 2023.
Market Research Future (MRFR) has published a cooked research report on the “Aerosol Valves Market” that contains information from 2018 to 2032. The Aerosol Valves Market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Aerosol Valves Market — Aptar Group (US), Precision Valve Corporation (US), Coster Tecnologie Speciali (Italy), LINDAL Group Holding (Germany), Mitani Valve (Japan) and others.
The global Aerosol Valves Market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 2.84 Billion by 2032.
The aerosol valves market is a segment within the broader aerosol packaging industry. Aerosol valves are crucial components of aerosol containers that control the release of the product when the container is pressed or triggered. These valves ensure that the contents, such as cosmetics, personal care products, household cleaners, automotive products, and pharmaceuticals, are dispensed effectively and efficiently.
The global Aerosol Valves Market has been segmented based on product type, Type, and Application.
The Aerosol Valves market segmentation, based on product type includes stainless steel, carbon steel, and others. The stainless-steel segment dominated the market. The expanding demand for stainless steel aerosol valves in the personal hygiene industry for aerosol cans containing various products including deodorants, face & body creams, shaving foams, and fragrances. Aerosol valves made from stainless steel have numerous benefits, including resistance to corrosion, heat, improved hygiene, and durability. These valves are also utilized in the pharmaceutical industry's medical delivery systems.
The Aerosol Valves market segmentation, based on type, includes continuous type, and metered type. It is anticipated that the category for continuous type will expand significantly. Aerosol valves comprised of stainless steel offer a number of advantages, including resistance to corrosion and heat, enhanced hygiene, and long-term value. The growing use of constant aerosol valves in deodorants, spray paints, and other items for personal use is anticipated to drive the segment's growth over the forecast period.
The Aerosol Valves market segmentation, based on application, includes healthcare sector, automotive, industrial sector, personal care sector, household sector, and food industry. The market is being driven by the increasing use of aerosol valves in medicine. This is attributable to increasing demand for pharmaceutical aerosols, increased medical care knowledge, and rising healthcare expenditures in emerging economies. In addition, the expanding personal care industry, which is benefiting from a growing preference for aerosol-based cosmetics, is expected to be a market driver. The preference of consumers for aerosol cans as opposed to hand-applied traditional lotions and foams is anticipated to boost product demand.
The global Aerosol Valves Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. The North American Aerosol Valves market area will dominate this market. The market for aerosol valves in North America is driven by the increasing consumption of cosmetics and personal care products, as well as the demand for simpler and more convenient packaging solutions in the pharmaceutical and automotive industries. Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe Aerosol Valves market accounts for the second-largest market share due to the high concentration of aerosol manufacturers in the region. Further, the German Aerosol Valves market held the largest market share, and the UK Aerosol Valves market was the fastest growing market in the European region
The Asia-Pacific Aerosol Valves Market is expected to grow at the fastest CAGR from 2023 to 2032. Due to population growth and improved product quality, the market for aerosol valves is increasing. Moreover, China’s Aerosol Valves market held the largest market share, and the Indian Aerosol Valves market was the fastest growing market in the Asia-Pacific region.
Key Findings of the Study
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