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Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Aerosol Valve Industry Market size was valued at US$ 1,434.6 million in 2022 and is poised to grow at a CAGR of 4.09% from 2023 to 2029. Aerosol valves are devices that release products in spray mode from containers under pressure. It finds a wide range of application in the fields of hair sprays, personal care, households, food products, and insecticides. This further drives the market growth. Most aerosol valves are continuous spray mode. In addition, metered dose aerosol valves are used for unambiguous applications, chiefly for air fresheners and pharmaceutical sector. This has a positive impact on the market growth. Key players in aerosol valve industry market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, September 26, 2018: Precision Global has expanded its bag-on-valve system production line capacities in order to meet the growing customer demand for this innovative aerosol solution. However, stringent government regulations and lack of availability of alternatives in terms of packaging and price dampens the growth of market. The report studies global aerosol valve industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global aerosol valve industry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Study Period
2024-2030Base Year
2023CAGR
4.09%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Spray painting is the leading segment and is anticipated to register a significant CAGR in the coming years. Spray paintings are widely used on commercial scale which is expected to bolster the demand for aerosol valves. Infrastructure advancements and rapid urbanization is anticipated to upsurge the demand in construction segment. Automotive and industrial segment is expected to be one of the leading segment during the forecast period. This can be attributed to the rising disposable income for the automotive manufacturing. High replacement rate of the petrol/diesel care with hybrid or of electric cars in the developed economies is also expected to drive the segment growth. Rapid use if aerosols in food industries is projected to boost the food sector during the forecast period.
Europe offers a lucrative growth in the global market. It is projected to contribute a notable CAGR during the forecast period. Germany, UK, and France has positively impacted the global aerosol valves industry market. The growth in this region can be attributed to the large presence of aerosols manufactures. Asia Pacific is one the potential market. Rising expenses of the consumers for the personal care products coupled with government ingenuities boosting new investments is expected to drive the growth in Asia Pacific. North America is expected to witness the second highest CAGR due to rising demand of aerosols valves in personal care products.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 1,434.6 million |
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Market CAGR |
4.09% |
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By Type |
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By Application |
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Download Free Sample Report
The aerosol valve industry market size was valued at US$ 1,434.6 million in 2022
Strong Demand From the Cosmetic & Personal Care Industry
Asia Pacific is the fastest-growing for aerosol valve industry market
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.