The global aerosol valves market is expected to be valued at US$ 1,892.0 Mn in 2022 and to grow at a CAGR of 5.2% between 2022 and 2032, reaching US$ 3,149.5 Mn by 2032. Aerosol valve sales are expected to increase, with the top five nations now accounting for 35-40% of the worldwide aerosol valve market.
Rapid growth in industries such as automotive, pharmaceutical, cosmetics, and personal care, as well as rising need for sustainable and eco-friendly packaging solutions, is driving growth in the global market for aerosol valves.The continuous valve segment is likely to lead the worldwide aerosol valve market in terms of product type. FMI expects that the target segment will have a market value share of roughly 60% by the end of 2032.
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Competitive Landscape
Key manufacturers of aerosol valves are trying to capture the market by expanding their presence and launching new aerosol valves. They are also adopting collaboration or partnership strategies to expand their resources and footprint. Some of the latest developments by the key players are as follows –
- In April 2022, PRECISION, a global aerosol valve and actuator manufacturer, launched a 3D configurator to help customers visualise new products. The new 3D configurator tool, offered free of charge, is designed to avoid stress and mistakes and save money.
- In February 2021, Lindal Group partnered with technology company Alternative Packaging Solutions (APS) to develop miniMist. It is a new and globally patented continuous dispensing system that offers a reusable and sustainable alternative to the existing aerosol format.
Key Companies Profiled
- Precision Valve Corporation
- Coster Tecnologie Speciali S.p.A.
- AptarGroup, Inc
- Summit Packaging Systems
- LINDAL Group
- Mitani Valve Co., Ltd.
- Clayton Corporation
- Newman Green Inc.
- The Salford Valve Company Ltd.
- Weener Plastics
- KOH-I-NOOR Mladá Vožice a.s.
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2015-2021 Aerosol Valves Market Outlook Compared to 2022-2032 Forecast
The global sales of aerosol valves grew at 3.9% CAGR during the historical period from 2015 to 2021 and reached a total valuation of US$ 1,818.7 Mn in 2021. However, with growing adoption across various industries due to their convenient and mess-free nature, the overall demand for aerosol valves is projected to rise at 5.2% CAGR between 2022 and 2032.
The past few years have seen a significant rise in the demand for products with convenient and environmentally friendly packaging. One of the most significant advancements in the packaging sector has been aerosol valves, which are used to package a variety of personal care, home care, and healthcare products.
The purpose of the aerosol valve is to regulate the entrance of a vapour or a fluid to or from can, tank, container, etc. Aerosol valves have become increasingly popular due to their notable benefits, including their compact and convenient nature, portability, and cost-effectiveness.
What are the Major Trends Driving the Global Aerosol Valves Market?
“Booming Automotive Industry to Drive High Demand for Aerosol Valves Until 2032″The automotive sector in emerging countries is rapidly expanding due to rising urban populations and levels of luxury. In developed economies, diesel and gasoline automobiles are gradually being replaced with electric or hybrid vehicles. This, in turn, increases the demand for aerosol valves.
Despite constraints on aerosol production and product safety concerns about the composition of the components inside the containers, the market for aerosol valves is likely to grow.
Aerosol Valves Industry by Category
By Product Type:
- Metered Valve
- Continuous Valve
By Valve Type:
- Vertical
- Tilt (Toggle)
By End Use:
- Healthcare
- Cosmetics & Personal Care
- Homecare
- Automotive
- Food & Beverage
- Others (Paint, Chemical, etc.)
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
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