Bag-on-valve Technology Market - Global Industry, Size, Share, Growth, Trends, and Forecast 2017 - 2024
Albany, NY -- (SBWIRE) -- 06/19/2018 -- Bag-on-valve (B.O.V) technology is rapidly growing in packaging various pharmaceutical, personal care, home care products. Bag-on-valve technology provides an advantage for the aerosol products that require contact-free dispensing. Owing to the longer shelf-life, need of less or no preservatives, used with eco-friendly nitrogen or air, the bag-on-valve technology is being used on a large scale for cosmetics, food & beverages, and pharmaceutical packaging.
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Moving towards innovative and waste-reducing food packaging techniques. Major food companies are adopting bag-on-valve technology for packaging oil, sauces and other liquid and cream products. This is meeting consumer demand for convenience, easy-to-use and easy to store packaging.
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According to the Aluminum Association, recycling aluminum can save a lot of money and also reduce energy consumption. Hence, increasing number of manufacturers are producing bag-on-valve packaging using aluminum.
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Secondary research is conducted to calculate the size of the market. The report also offers segment-wise and region-wise analysis and forecast on the global bag-on-valve technology. The primary research was also conducted to provide qualitative data and also to arrive at an appropriate estimate on the global market for bag-on-valve technology.