Bag-on-valve Technology Market: Size, Share, Growth, Trends, and Forecast, 2016–2024

Sarasota, FL -- (SBWire) -- 06/05/2018 --Global Bag-on-valve Technology Market: Overview

Bag-on-valve (B.O.V) technology is considered to be rapidly increasing in packaging different personal care, pharmaceutical, home care products. This technology also offers a significant benefit for the aerosol products that need contact-free dispensing. Due to the longer shelf life, requirement for less or no preservatives, the bag-on-valve technology is used on a huge scale in the food & beverages, cosmetics, and pharmaceutical packaging. Several key food companies are implementing bag-on-valve technology for packaging sauces, oils, along with other liquid as well as cream products. This is likely to meet customer demand and requirement for convenience, easy to store, and easy-to-use packaging.

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Global Bag-on-valve Technology Market: Growth Factors

The bag-on-valve technology is considered to be first originated in the cosmetic sector and now gradually moving towards the pharmaceutical sector. Growing number of personal care and cosmetic products including lotions, deodorants, self-tanning sprays, creams, and several products for personal hygiene are likely to utilize bag-on-valve technology. As it eliminates the contact between product and propellant, it makes achievable to dispense product in every position. Producers are also offering a sterilized bag-on-valve to present a sterile atmosphere for cosmetic items, ensuring the protection of the product, thus these significant factors are propelling the growth of the global bag-on-valve technology market.

Global Bag-on-valve Technology Market: Segmentation

The global bag-on-valve technology market is classified into major segments in terms of the valve type, container type, application type, product type, and capacity type. In terms of product type, the global bag-on-valve technology market is classified into aerosol B.O.V., standard B.O.V., and low-pressure B.O.V./non-spray. In terms of valve type, the global bag-on-valve technology market is categorized into the female valve and male valve. Male valve is projected to be utilized on a huge scale in comparison to the female valve. Based on container type, the global bag-on-valve technology market is fragmented into aluminum, tip plate, steel, and plastic. In terms of capacity type, the global bag-on-valve technology market comprises 30ml, 30ml-100ml, 275ml to 500ml, 100ml-275ml, as well as above 500ml. In terms of application, the market is further divided into cosmetics & personal care, pharmaceuticals, automotive & industrial products, food & beverages, and home care. Bag-on-valve technology is projected to find large application in personal care & cosmetics products in the coming years.

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Global Bag-on-valve Technology Market: Regional Analysis

Europe is projected to lead the global bag-on-valve technology market in the coming years. Bag-on-valve packaging is likely to see a rapid development in Europe for products which comprises wound eyewash sprays and cleaning sprays. Latest product development, particularly in the pharmaceutical sector is implementing innovative packaging by utilizing bag-on-valve technology. On the other hand, North America is also projected to see impressive development in the global bag-on-valve technology market. A significant development in the market growth will be witnessed in the Asia Pacific in the future.

Global Bag-on-valve Technology Market: Competitive Players

Some of the most important market players in the global bag-on-valve technology market are Coster Tecnologie Speciali S.p.A., LINDAL Group Holding GmbH, AptarGroup, Inc., Precision Valve Corporation, Chicago Aerosol LLC., Summit Packaging System, Inc., Shanghai Golden Aerosol Co., Ltd, KOH-I-NOOR Mlada Vozice a.s, and Exal Corporation, among others.

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Global Bag-on-valve Technology Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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