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Global Aerosol Valve Market to Grow at a CAGR of 4.10% During 2022-2027, Aided by the Growing Demand in the Packaging of Personal Care Products

According to a new report by EMR titled, ‘Global Aerosol Valve Market Report and Forecast 2022-2027’, the market attained a value of nearly USD 1,427.05 million in 2021. The market is further expected to grow at a CAGR of 4.10% between 2022 and 2027 to reach USD 1,816.12 million by 2027.

The aerosol valve industry is being driven by the expansion of major end use industries of the product including automotive, healthcare, home care, personal care, and cosmetics, among others. Aerosol valve is a crucial component in the manufacturing of aerosol cans that are used as packaging for shaving creams and foams, deodorants, perfumes, hair sprays, hair serums, body and face lotions, and pain-relieving sprays, among others. Hence, the rising demand for these products in the forecast period owing to the rising disposable incomes, increasing population, rapid development of supermarkets and hypermarkets, and increasing urbanisation is expected to provide profitable growth opportunities to the market.

In December 2021, Beiersdorf AG (XETR: BEI) announced the launch of an environment-friendly aerosol valve system. This technology will allow the usage of more environment-friendly inert gases, as a propellant for aerosol, which will have a low impact on the climate. This eco-friendly valve will be utilised in Nivea deodorants and shaving products for men. Such developments are anticipated to support the market in the forecast period.

In terms of region, the Asia Pacific is anticipated to witness a significant growth in the forecast period owing to the increasing demand for aerosol-based pharmaceutical products and the growing penetration of e-commerce giants like Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA) in the region. Additionally, the thriving personal and home care industry in the region, owing to the rising standards of living, is likely to propel the demand for aerosol valves in the forecast period. Moreover, the market is expected to be aided by the strong foot hold of major aerosol valve manufacturing companies in the region.

Market Breakup by Type, End-User Industry, and Region:

  • The market is bifurcated, based on type, into continuous and metered.
  • Based on end-user industry, the market has been segmented into personal care, home care, healthcare, and automotive, among others.
  • Region-wise, the global market for aerosol valve can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for aerosol valve is being driven by the thriving end use industries, including pharmaceutical, automotive, construction, and home care, among others. 
  • The rising demand for deodorants and perfumes, owing to the rising consumer awareness about hygiene and personal care, is anticipated to augment the market in the forecast period. 
  • The rapid development of supermarkets and hypermarkets and convenience stores, coupled with the increasing purchasing power of the population is likely to provide impetus to the market in the forecast period.
  • The market is expected to be aided by the rapid expansion of the e-commerce industry, which is likely to propel the demand for aerosol and spray-based products such as cleaning sprays and others.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for aerosol valve for the periods (2017-2021) and (2022-2027). 
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, end-user industries, and regions of aerosol valve.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global aerosol valve market are AptarGroup, Inc., Precision Valve Corporation., Coster Tecnologie Speciali SpA, Lindal Group Holding GmbH, Mitani Valve Co., Ltd., Summit Packaging Systems Inc., Clayton Corporation, and Newman Green Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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