Global Aerosol Valve Market growing at a CAGR of 3.6% from 2023 to 2031
Category : Materials And Chemicals | Published Date : Oct 2023
Key Market Overview
Consegic Business Intelligence analyzes that the aerosol valves market is predicted to grow at a compound annual growth rate of 3.6% from 2023 to 2031 and is expected to reach USD 2,936.17 million in 2031 and 2,214.22 million in 2023 which was valued at USD 2,147.50 million in 2022.
The report highlights the high demand for aerosol valves from the cosmetics and personal care industry across the globe, which is augmenting the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the Aerosol valves market.
Global Aerosol Valve Market By Overview
The aerosol valve market is bifurcated into the type, valve type, and end user. Based on the type, the market is segmented into continuous and metered. In 2022, the continuous segment dominate the overall aerosol valves market. Based on valve type, the market is segmented into vertical valve and tilt valve. In 2022, the vertical valve segment dominate the overall aerosol valves market. Based on the end user, the market is segmented into cosmetics & personal care, healthcare, food & beverage, homecare, automotive, and others. In 2022, the cosmetics & personal care segment dominate the overall aerosol valves market.
Get Free SampleMarket Dynamics
Driver:
- High demand for aerosol valves from cosmetics and personal care industry.
- Increasing demand for convenience packaging.
Restraints:
- Development of new aerosol valves that are made from more sustainable materials.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Continuous and Metered |
| By Valve Type | Vertical Valve and Tilt Valve |
| By End User | Cosmetics & Personal Care, Healthcare, Food & Beverage, Homecare, Automotive, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Summit Packaging Systems, Aptar Group, Salvalco, and LINDAL Group, which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the aerosol valves market is expected to witness substantial growth in the coming years due to development of new aerosol valves that are made from more sustainable materials in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- AptarGroup, Inc.
- Precision Valve Corporation
- Coster Group
- Clayton Corp.
- Salvalco
- KOH-I-NOOR Mlada Vozice a.s.
- Mitai Valve
- LINDAL Group
- Newman Green
- Aroma Industries
- Guangzhou Zhongpin Aerosol Valve Co., Ltd.
