Find Out More About Bag On Valve Products Market Global Growth With Rising CAGR And Forecast Till 2025|Grand View Research, Inc.
The global bag on valve products market size is expected to reach USD 9.55 billion by 2025, registering a 6.8% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for personal care, household care pharmaceutical, and other products coupled with advanced packaging offered by the product is likely to benefit the industry growth.
Factors such as changing lifestyle, growing disposable incomes are likely to boost the demand for personal care products including deodorants, liquid soap & shampoo, hair gels & shaving, and cosmetics. In addition, the demand for advanced packaging solutions and minimum product wastage is projected to propel the market.
Prominent players of the industry include LINDAL Group, Coster Group, Aptar Group, Summit Packaging Systems, Precision Valve Corporation, KOH-I-NOOR Mlada Vozice, Exal Corporation, and others. The companies are increasingly investing in R & D to develop customer specific solutions and gain stronger market position.
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The bag on valve packaging offers superior benefits such as benefits such minimum product wastage, ease in usage and convenience in carrying. In addition, the bag on valve packaging technology helps in achieving a zero amount of product contamination, which is likely to stimulate the demand for the products leading to growth over the next seven years.
Further key findings from the report suggest:
- The bag on valve products in pharmaceutical sector accounted for a share of 37.9% in terms of revenue in 2018, owing to wide range of applications in products such as nasal spray, wound cleaners, among others
- The food & beverage application segment is anticipated to grow at a CAGR of 7.6% from 2019 to 2025 and is projected to reach USD 2,295.9 million in 2025 owing to widespread adoption of the product drive by ease in dispensing
- Asia-Pacific bag on valve products market is estimated to grow at a CAGR of 8.2% from 2019 to 2025 on account of rapid expansion of the manufacturing sector coupled with increased spending power of the consumers in the region
- The technological advancements in North America coupled with the demand for convenient packaging solutions is anticipated to benefit the regional market growth which is expected to exhibit a CAGR of 7.2% over the forecast period
- Market participants across the globe have increased their R&D spending in order to develop highly efficient products for various applications in a bid to facilitate product adoption by the consumer industries
Benefits of the bag on valve products including safety, contact-free dispensing, consumer convenience, product protection, and controlled discharge of the product are estimated to propel the market growth over the forecast period. In addition, longer shelf life and less preservative, this is likely to further augment the industry growth.
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The pharmaceutical application segment accounted for the highest market share of 37.98% in terms of revenue in the year 2018. In addition, the industry is expected to register notable gains on account of the ease of sterilization of pharmaceutical products such as wound cleaners and nasal sprays, in the bag on valve products packaging.
Grand View Research has segmented the global bag on valve products market on the basis of application:
Bag On Valve Products Application Outlook (Volume, Million Units; Revenue, USD Million; 2014 - 2025)
- Personal Care
- Liquid Soap & Shampoo
- Hair Gels & Shaving Products
- Cosmetic Products
- Household Care
- Household Cleaner
- Insecticides
- Air Fresheners
- Others
- Pharmaceutical
- Nasal Sprays
- Wound Cleaners
- Others
- Food & Beverage
- Whipped Cream
- Toppings & Dressings
- Others
- Automotive & Industrial
- Waxes
- Cleaning Products
- Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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