The bag on valve products market size experienced substantial growth in recent years. It is projected to escalate from $8.71 billion in 2024 to $9.39 billion in 2025, at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period is primarily attributed to the utilization in various industries such as food and beverage, pharmaceutical and medical industry, and cosmetics and personal care, along with enhanced product shelf life and consumer demand for convenience.
Moreover, the bag on valve products market size is predicted to continue its strong growth in the following years, reaching $12.72 billion in 2029 at a CAGR of 7.9%. Factors contributing to this growth include integration with IoT and smart packaging, penetration into emerging markets, an uptick in e-commerce and direct-to-consumer channels, and demand for clean, sterile applications.
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What Factors Are Stimulating the Bag On Valve Products Market Growth?
One significant driver of the bag-on-valve product market is the growing demand for personal care products. The bag-on-valve (BOV) technology improves product protection, providing controlled dispensing and extended shelf life, making it an ideal choice for personal care products. Remarkable growth in the retail sales of personal care products exemplifies its increased demand, creating a positive influence on the bag-on-valve products market.
How Is The Global Bag On Valve Products Market Segmented?
The bag on valve products market report covers these major segments:
1) By Product Type: Standard, Aerosol, Low Pressure And Non-Spray
2) By Type: Child Use, General Use
3) By Container Type: Aluminum, Steel, Tin Plate, Plastic
4) By Application: Personal Care, Household Care, Pharmaceutical, Food And Beverage, Automotive And Industrial
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What Major Companies Operate In The Bag On Valve Products Market?
Prominent companies in the bag on valve products market include Amcor plc, CCL Industries Inc., Aptar Group Inc., Constantia Flexibles, Plastipak Packaging Inc., Tekni-Plex Inc., Everton, Exal Corporation, TUNAP Group, Gualapack S.p.A, Precision Valve Corporation, Summit Packaging Systems Inc., DS Containers Inc, Lindal Group Holding GmbH, Chicago Aerosol LLC., Wipf Doypak A.S, Toyo And Deutsche Aerosol GmbH, B.O.V. Solutions Inc., InSpec Solutions LLC, KOH-I-NOOR Mlada Vozice a.s, Farrag Packaging, Aurena Laboratories AB, Colep Consumer Products, Coster Tecnologie Speciali S.p.A, Shanghai Golden Aerosol Co. Ltd.
What Are The Emerging Trends In The Bag On Valve Products Market?
Noteworthy companies in the bag-on-valve product market are focusing on creating innovative solutions such as perfumes utilizing Bag-on-Valve technology to enhance product delivery and consumer experience.
Which Region Dominates The Bag On Valve Products Market?
Asia-Pacific region held the most substantial share in the bag on valve products market in 2024. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Bag On Valve Products Market Report 2025 Offer?
Bag-on-valve (BOV) products are packaging products that utilize a bag and a valve to dispense a product; they are ideal for liquid or viscous materials where the propellant fills the space between the bag and the can as the product is put into the bag. The Bag On Valve Products Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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