Market Overview:
The global bag on valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aerosol products, rising awareness about personal hygiene, and growing pharmaceuticals industry. In terms of type, the standard BOV segment is expected to hold the largest share of the global bag on valve market in 2018. However, the non-spray/low pressure BOV segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030. This can be attributed to its growing applications in cosmetics & personal care and home care industries.
Product Definition:
A bag on valve (BoV) is a device that is placed between the pump and the hose to keep air from entering the line and spoiling the fluid being pumped. The BoV also keeps debris from entering the pump and hose.
Aerosol BOV:
Aerosol BOV is a vapor compression system that uses a bag on the end of a valve to contain and compress the vapor before it reaches the spray gun. The compressed air or nitrogen stream forces out the contents of the bag, thereby creating an aerosol. This process enables even distribution of liquid across large areas with minimum wastage.
Standard BOV:
The standard BOV is a device that is used to control the air flow and pressure in an automobile. It helps maintain constant cabin pressure, thereby preventing oxygen depletion in passengers. The market for bag on valve technology has been growing at a steady pace owing to its increasing application scope in various end-use industries such as oil & gas, chemical processing, power generation and automotive among others.
Application Insights:
The others application segment includes food & beverages, chemical, petrochemical and pharmaceutical industries. The demand for the product in this segment is expected to grow at a significant rate owing to its use in various applications including medical devices and equipment. In addition, the rising number of hospitals across the globe is also likely to propel growth over the forecast period.
The increasing geriatric population across various regions coupled with growing health concerns has led people towards adopting healthier lifestyles which has subsequently resulted in an increased demand for sports nutrition products globally. This trend is projected to positively influence market growth over the forecast period as sports nutrition products are widely consumed by athletes and gym professionals worldwide.
In terms of revenue, home care emerged as one of the largest application segments accounting for 23% share of total volume in 2017 due to increasing government initiatives encouraging consumers towards using natural ingredients when purchasing home care products locally manufactured thereby benefitting market players such as Birlasoft Technologies Pvt Ltd., Dabur India Ltd.
Regional Analysis:
North America dominated the global bag on valve market in 2017. The region is expected to witness moderate growth over the forecast period owing to increasing demand for cosmetic products and pharmaceuticals. In addition, growing environmental concerns have led manufacturers in North America to develop more sustainable packaging solutions such as BOVs.
Asia Pacific is anticipated to be one of the fastest-growing regions due to factors such as improving economic conditions, expanding population base, and rising consumer disposable income levels that are fueling cosmetics industry growth in countries like China and India. Moreover, rapid urbanization has resulted in an increased demand for home care products which will further propel market growth over the forecast period.
The Middle East & Africa (MEA) region is projected grow at a significant rate owing its large population base coupled with high unmet needs pertaining personal care products especially cosmetics across countries like Saudi Arabia.
Growth Factors:
- Increasing demand from end-use industries such as food, beverage, and pharmaceuticals
- Growing popularity of bag on valve technology among small and medium-sized enterprises (SMEs)
- Rising investments in research and development (R&D) for innovative bag on valve products
- Proliferation of online retail platforms that offer a wide range of bag on valve products
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Bag on Valve Market Research Report
By Type
Aerosol BOV, Standard BOV, Non-Spray/Low Pressure BOV
By Application
Cosmetics & Personal Care, Pharmaceuticals, Home Care, Others
By Companies
Coster, AptarGroup, LINDAL Group Holding, Precision Valve Corporation, KOH-I-NOOR Mlada Vozice, Summit Packaging System, Exal Corporation, Chicago Aerosol, TOYO & DEUTSCHE AEROSOL, Shanghai Golden Aerosol
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Bag on Valve Market Report Segments:
The global Bag on Valve market is segmented on the basis of:
Types
Aerosol BOV, Standard BOV, Non-Spray/Low Pressure BOV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics & Personal Care, Pharmaceuticals, Home Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coster
- AptarGroup
- LINDAL Group Holding
- Precision Valve Corporation
- KOH-I-NOOR Mlada Vozice
- Summit Packaging System
- Exal Corporation
- Chicago Aerosol
- TOYO & DEUTSCHE AEROSOL
- Shanghai Golden Aerosol
Highlights of The Bag on Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aerosol BOV
- Standard BOV
- Non-Spray/Low Pressure BOV
- By Application:
- Cosmetics & Personal Care
- Pharmaceuticals
- Home Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bag on Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bag on Valve is a program that helps users manage their Steam games and libraries. It provides an overview of your games, allows you to add new games, and keep track of your playtime.
Some of the key players operating in the bag on valve market are Coster, AptarGroup, LINDAL Group Holding, Precision Valve Corporation, KOH-I-NOOR Mlada Vozice, Summit Packaging System, Exal Corporation, Chicago Aerosol, TOYO & DEUTSCHE AEROSOL, Shanghai Golden Aerosol.
The bag on valve market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bag on Valve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bag on Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bag on Valve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bag on Valve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bag on Valve Market Size & Forecast, 2020-2028
4.5.1 Bag on Valve Market Size and Y-o-Y Growth
4.5.2 Bag on Valve Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aerosol BOV
5.2.2 Standard BOV
5.2.3 Non-Spray/Low Pressure BOV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cosmetics & Personal Care
6.2.2 Pharmaceuticals
6.2.3 Home Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bag on Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bag on Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aerosol BOV
9.6.2 Standard BOV
9.6.3 Non-Spray/Low Pressure BOV
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cosmetics & Personal Care
9.10.2 Pharmaceuticals
9.10.3 Home Care
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aerosol BOV
10.6.2 Standard BOV
10.6.3 Non-Spray/Low Pressure BOV
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cosmetics & Personal Care
10.10.2 Pharmaceuticals
10.10.3 Home Care
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aerosol BOV
11.6.2 Standard BOV
11.6.3 Non-Spray/Low Pressure BOV
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cosmetics & Personal Care
11.10.2 Pharmaceuticals
11.10.3 Home Care
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aerosol BOV
12.6.2 Standard BOV
12.6.3 Non-Spray/Low Pressure BOV
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cosmetics & Personal Care
12.10.2 Pharmaceuticals
12.10.3 Home Care
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aerosol BOV
13.6.2 Standard BOV
13.6.3 Non-Spray/Low Pressure BOV
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cosmetics & Personal Care
13.10.2 Pharmaceuticals
13.10.3 Home Care
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bag on Valve Market: Competitive Dashboard
14.2 Global Bag on Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coster
14.3.2 AptarGroup
14.3.3 LINDAL Group Holding
14.3.4 Precision Valve Corporation
14.3.5 KOH-I-NOOR Mlada Vozice
14.3.6 Summit Packaging System
14.3.7 Exal Corporation
14.3.8 Chicago Aerosol
14.3.9 TOYO & DEUTSCHE AEROSOL
14.3.10 Shanghai Golden Aerosol
