PUNE, India, March 29, 2018 /PRNewswire/ --
The report "Aerosol Valves Market by Type (Metered, and Continuous), End-use sector (Personal care, home care, Healthcare, Automotive), And Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Global Forecast to 2022" published by MarketsandMarkets™, the Aerosol Valves Market size is projected to grow from USD 2.71 Billion in 2017 to reach USD 3.30 Billion by 2022, at a CAGR of 4.03%.
Browse 132 market data Tables and 23 Figures spread through 143 Pages and in-depth TOC on "Aerosol Valves Market"
Early buyers will receive 10% customization on this report
The demand for aerosol valves is expected to be driven by factors such as ease-of-use, portability, recyclability, safety & strength, and the increased aesthetic appeal of aerosol cans. Furthermore, the growth in the personal care industry and increase in demand for cosmetic products present growth opportunities for this market in the future.
Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=203131656
The continuous aerosol valves segment is projected to dominate the market through the forecast period.
The Aerosol Valves Market, on the basis of type, has been segmented into continuous and metered. The continuous segment accounted for the largest share in 2017 due to its numerous benefits such as high durability, high recycling rates, and high standards of safety & hygiene.
The personal care segment is projected to be the largest segment through the forecast period.
The personal care segment is projected to be the largest in the Aerosol Valves Market on the basis of end-use industry, and this trend is projected to continue through the forecast period. Factors such as rising disposable incomes, change in consumer lifestyles, product presentation & differentiation, and rising demand for personal care products such as deodorants, hair sprays, and face & body creams will increase the consumption of aerosol valves. The retail industry, which is currently witnessing a shift from unorganized to organized retail, will also drive the growth of this market.
North America accounted for the largest share of the Aerosol Valves Market in 2016.
North America, with developed economies such as US and Canada, is expected to drive the Aerosol Valves Market. Focus on reducing packaging waste would drive the growth of the Aerosol Valves Market in North America, as they are cost-effective and reduce wastage by increasing the shelf life of the product. The US is projected to dominate the North American Aerosol Valves Market through 2022. The growth in the personal care and home care industries is expected to drive the demand for aerosol valves in the US. In addition to this, factors such as economic growth, the rise in competition among manufacturers, consumer preference for high-quality, convenient, visually appealing, and sustainable packaging, would also drive the demand for aerosol valves in this region.
The major players include Aptar Group (US), Precision Valve Corporation (US), Coster Tecnologie Speciali (Italy), LINDAL Group Holding (Germany), Mitani Valve (Japan), Summit Packaging Systems (UK), Clayton Corp. (US), Newman Green (US), KOH-I-NOOR Mladá Vožice a.s. (Czech Republic), and SALVALCO (US). Companies have adopted strategies such as new product launches, mergers & acquisitions, expansions, and investments to cope with the increase in demand in the emerging markets.
Know more about Aerosol Valves Market:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/packaging
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets