Aerosol Valves Market Overview and Key Players: Lindal Group, Summit Packaging Systems Inc, Newman Green Inc, DS Containers, Coster Group, Precision Valve Corporation, Power Container Corp., Clayton Corporation, Majesty Packaging International Limited, Ehrensperger AG
Global Aerosol Valves
Market, By End-Use Sector (Personal Care, Home Care, Healthcare, Automotive,
Others), Type (Continuous, Metered), Geography (North America, South America,
Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to
2025
The Global Aerosol Valves Market is expected to
reach USD 3.56 billion by 2025, from USD 2.60 billion in 2017 growing at a CAGR
of 4.01% during the forecast period of 2018 to 2025. The upcoming market report
contains data for historic year is 2016, the base year of calculation is 2017
and the forecast period is 2018 to 2025.
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Market
Definition:
Aerosol valves comprises of
five major parts that are: valve, container, propellant, actuator and product
concentrate. Aerosol is suspension of particles which are present in the
atmosphere. Aerosol is the equipment that releases the substances in the form
of spray from the pressurized containers. The nozzle is used to control the
spread of the aerosol spray. Aerosol valves has wide application in packaging
of food products, hair spray, deodorants, pharmaceutical, insecticides,
personal care products and other house hold products. According to the NDP
Group, in 2017, the U.S. beauty industry reached to USD 14.7 billion which was
6% more than 2016. The skincare sales grew by 9% and contributed 45% of the
industry total gain followed by 6% growth increase in sales in makeup and 4% by
fragrance. Thus, the above factor shows that the food industry and beauty
industry or personal care industry is growing and will derive the demand of
aerosol valves.
Major Market Competitors/Players:
Some of the major players operating
in the global encryption software market are:-
·
Lindal Group
·
Summit Packaging Systems Inc.
·
Mitani Valve Co. Ltd
·
The Salford Valve Company Ltd.
·
Newman-Green Inc.
·
DS Containers,
·
Coster Group,
·
Precision Valve Corporation,
·
YingBo
·
Aerosol Valve Co., Ltd,
·
Newman-Green Inc.,
·
Power Container Corporation,
·
Seung-il Corporation Ltd.,
·
Clayton Corporation,
·
Majesty Packaging Systems Limited,
·
Guangzhou Zop Aerosol Valves Co., Ltd.,
·
Ehrensperger AG,
·
Jinxing Aerosol Valve Manufacture Co., Ltd.
·
Seung-il Corporation Ltd. and other.
Competitive
Analysis:
The global aerosol valves
market is highly fragmented and the major players have used various strategies
such as new product launches, expansions, agreements, joint ventures,
partnerships, acquisitions, and others to increase their footprints in this
market. The report includes market shares of Aerosol Valves market for global,
Europe, North America, Asia Pacific, South America and Middle East &
Africa.For instance, as per the Food drink Europe, in 2016, the EU food and
drink export increased by €102 billion.
Major Market Drivers
and Restraints:
·
Raising demand in shift
towards easy-to-handle and convenient packaging
·
Increasing demand from
the cosmetic & personal care industry
·
Growing concerns about
product safety and security
·
lack of availability of
alternatives in terms of packaging and price
·
Stringent government
regulations
Market
Segmentation:
By End-Use Sector
·
Personal Care,
·
Home Care,
·
Healthcare,
·
Automotive,
·
Others
Type
·
Continuous,
·
Metered
Geography
North America,
South America,
Europe,
Asia-Pacific,
Middle East and Africa
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