Manufacturing & Construction / Bag On Valve (BOV) Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players âÃÂàAptar, Precision Valve Corporation, Coster Group
Bag On Valve (BOV) Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players âÃÂàAptar, Precision Valve Corporation, Coster Group
The global Bag On Valve (BOV) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.1% during the review period (2022 to 2027)
Bag On Valve (BOV) Market Overview
The bag on valve (BOV) is an innovative packaging solution that provides a controlled dosing option. Bag on valve composed of aerosol valve and offer superior dispensing technology. Aerosol BOV, standard BOV, and non-spray/low-pressure BOV are some of the product types of the bag on valve. This recent packaging solution prevents contamination of the product as it has space between can and bag, the bag is filled by propellant. Cosmetics & personal care, pharmaceuticals, home care, food & beverages, and automotive & industrial are some of the major application areas of the bag on valve technology. Aluminum, tin plate, steel, and plastic are a major product that utilizes bag on valve technology. Bag-on-valve (B.O.V) technology is rapidly rising in packaging various pharmaceutical, personal care, home care products. Bag-on-valve technology offers an advantage for the aerosol products that require contact-free dispensing. Owing to the longer shelf-life, need of less or no preservatives, used with eco-friendly nitrogen or air, the bag-on-valve technology is being used on a large scale for cosmetics, food & beverages, and pharmaceutical packaging. Moving towards advanced and waste-reducing food packaging techniques. Major food companies are adopting bag-on-valve technology for packaging oil, sauces and other liquid and cream products. This is meeting consumer demand for convenience, easy-to-use and easy to store packaging. Increasing awareness regarding environment-friendly packaging solutions is fueling the growth of bags on the valve technology market. BOV packaging uses aluminum as raw material which can be recycled easily with no harmful chemicals left on landfills.
Industry News:
In May 2018, Aptar Pharma has launched new market innovations in inhalation drug delivery for the Chinese market as respiratory solutions designed to help fight the effects of air pollution. Moreover, the company has also showcased its Bag on Valve (BOV) technology with a wide range of advanced preservative-free dispensing systems for dermal, eye care and nasal drug delivery routes, which offer pharmaceutical professionals flexibility and performance.
What are the major Applications, Types and Regions for Bag On Valve (BOV) Market?
By Type, it is segmented into
Continuous Bag On Valve
Metered Bag On Valve
Others
By Applications it is segmented into
Industrial
Automobile
Personal Care
Others
Bag On Valve (BOV) Market Regional Analysis
The Arrival of the Asia Pacific market will be attributable to China’s progress as a manufacturing hub. Thus, China is anticipated to influence the bag on valve technology market. This country is probable to be the largest consumer as well as the key manufacturer of bag on valve technology in the coming years. Asia Pacific is expected to be the fastest-growing region during the forecast period.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Bag On Valve (BOV) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Bag On Valve (BOV) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Bag On Valve (BOV) Market Report Scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 3.1% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Bag On Valve (BOV) Report
Evaluate Bag On Valve (BOV) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Bag On Valve (BOV) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Bag On Valve (BOV) Market is studied from 2017 - 2027.
What is the growth rate of Bag On Valve (BOV) Market?
The Bag On Valve (BOV) Market is growing at a CAGR of 3.1% over the next 5 years.
What regions does this Bag On Valve (BOV) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
