Aug 19, 2020   SOURCE: BusinessWire

Global Aerosol Valve Market (2020 to 2025) - Growth, Trends & Forecasts - ResearchAndMarkets.com

The "Aerosol Valve Market - Growth, Trends, Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

The global aerosol valve market is estimated to witness healthy growth, at an estimated CAGR of 4.05%, over the forecast period (2020-2025).

The major factors driving the growth of the market studied are increasing demand for aerosol valves from the paints & coatings and automotive industry as well as increasing awareness related to hygiene & personal care.

The outbreak of COVID-19 has a positive impact on the aerosol valve industry dur to sudden increase in the demand from healthcare sector and support from regulatories bodies across the globe to maintain a steady supply. Though the demand from other sectors such as automotive has lowered due to complete hault in production activities. For instance, On April 14 2020, the U.S. Environmental Protection Agency (EPA) announced it had put into place additional measures to ensure a steady supply of safe and effective disinfectant products to help battle the novel coronavirus, SARS-CoV-2 helping the aerosol valve industry sustain through these ncritical times.

Key Market Trends

Personal Care Segment to Hold the Largest Market Share

  • An increase in disposable incomes of the population in developing countries and changes in preferences of manufacturers for convenient packaging are some of the factors that are driving the aerosol valves market. Aerosol valves are widely used in the personal care industry in aerosol cans for the packaging of different products such as deodorants, face & body creams, shaving foams, and perfumes.
  • According to AEROBAL, the cosmetics sector continues to be the most important market for aluminum aerosol cans by far, accounting for nearly 85% of total production worldwide. Deodorants and perfumes are the major products accounting for every second can produced have 60% market share followed by hair sprays, hair mousses, and other cosmetic products. The surge in aluminum aerosol cans will lead to increased demand for aerosol valves in the industry.

Europe to Hold the Largest Market Share

  • According to the 2018 data published by FEA European Aerosol Production in 2019, 5.5 billion over 16 billion units globally produced, are made in Europe. United Kingdom, Germany, and France Aerosol market share (%, 2018) provides more than 60% of the annual aerosol production in Europe in all segments boosting the growth opportunities for aerosol valves in the region.
  • The personal care segment has the largest market share of 57% in terms of aerosol production followed by paints, varnishes, food, pharmaceuticals, and chemicals. The wide application of aerosol valves in these cans results in a simultaneous growth of aerosol valves in the region.
  • Stringent government regulations surrounding the collection and recycling of used cans have made the industry follow an optimum chain of operations in order to comply with the regulations. For instance, It is mandatory for the Member States of Europe to develop systems for the return and/or collection of used packaging in order to attain, amongst other aspects, the following minimum targets for recycling: 80% of ferrous metals and 60% of aluminum contained in packaging waste. This boosts the recycling of aerosol valves and thus provides a sustainable market growth by combatting restrains such as above.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Industry Value Chain Analysis

4.3 Industry Attractiveness - Porter's Five Forces Analysis

4.3.1 Bargaining Power of Suppliers

4.3.2 Bargaining Power of Consumers

4.3.3 Threat of New Entrants

4.3.4 Threat of Substitutes

4.3.5 Intensity of Competitive Rivalry

4.4 Market Drivers

4.4.1 Strong Demand From the Cosmetic & Personal Care Industry

4.4.2 Shift Towards Easy-To-Handle and Convenient Packaging

4.5 Market Restraints

4.5.1 Availability of Alternatives in Terms of Packaging and Price

4.5.2 Stringent Government Regulations

4.6 Assessment of Impact of Covid-19 on the Industry

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Continuous

5.1.2 Metered

5.2 End-user Industry

5.2.1 Personal Care

5.2.2 Home Care

5.2.3 Healthcare

5.2.4 Automotive

5.2.5 Other End-user Industries

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 Latin America

5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Aptargroup

6.1.2 The Precision Valve Corporation

6.1.3 Coster Tecnologie Speciali

6.1.4 Lindal Group Holding GmbH

6.1.5 Mitani Valve

6.1.6 Summit Packaging Systems

6.1.7 Clayton Corp.

6.1.8 Newman Green

6.1.9 Koh-I-Noor Mlada Vozice A.S.

6.1.10 Salvalco

6.1.11 Majesty Packaging Systems Limited

6.1.12 Shanghai Sunhome Industrial Company

6.1.13 EC Pack Industrial Limited

6.1.14 C. Ehrensperger Ag.

6.1.15 Aroma Industries

6.1.16 Seugn Il Corporation

6.1.17 Yingbo Aerosol Valve (Zhongshan) Co., Ltd.

6.1.18 Guangzhou Zhongpin Aerosol Valves Co., Ltd

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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