Global Bag on Valve Technology Market Growth to Remain Sustained by 2024, Driven by the Rising Conventional Packaging
Report contains detailed historic and forecast market value data for the Valve Technology Market. The report also provides historical and forecast valuations of the industry using the Valve Technology output and value-add methods.
Albany, NY, February 08, 2017 --(PR.com)-- In a recent forecast report by Transparency Market Research, the rapidly growing market of Bag on valve technology is all set to exhibit a significant CAGR of 4.3% by the end of 2024. This forecast study has been added to the expanding research report catalog of Market Research Hub (MRH) and is entitled as “Bag On Valve Technology Market- Global Industry Analysis and Forecast 2016-2024.” According to the TMR estimations, opportunity in the global bag on valve technology market is projected to be worth US$500.1 mn until 2024.
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Initially, the report starts by defining the bag on valve technology market. In this introductory section, the report also assesses market performance in terms of revenue and volume, which is followed by the key trends, driving factors and limitations witnessed in the global market. Geographically key areas focused in the report are North America, Europe, APAC, Latin America and MEA.
Bag-on-valve technology or BoV aerosol is a superior spray dispensing system, with modern packaging solution that improves products in different industries, including pharmaceutical, cosmetics and food. As for the manufacturers, the preference for the bag on valve has only grown in the past few years as this technology provides a longer shelf life for oxygen sensitive products that contain less or no preservatives. Also, this type of packaging is 100% recyclable and offers both convenience and reliability for the consumer. There are a lot of benefits which are attached to this technology which explains its endless possibilities. This is appropriate for liquid as well as viscous products, such as gels, creams and ointments, in a number of application areas.
In order to understand and assess opportunities in this market, the report is categorically divided into six key segments such as product type, valve type, container type, capacity type, application type and region. Due to environmental concerns, North America moves away from aerosols and focused towards other packaging systems such as one of the Bag on Valve options. Currently, Europe is expected to show a moderate growth rate in the coming years. By product type, it can be categorized into:
Standard B.O.V
Aerosol B.O.V.
Non-Spray/low pressure B.O.V
Moreover, container types of BoV technology include Aluminum, Steel, Plastic and Tin Plate. Typically BoV’s are used in aluminum cans with a 1-inch opening for pressing the valve which is welded to a foil based packaging bag with multi-layer film laminate.
Browse Full Report with TOC: http://www.marketresearchhub.com/report/bag-on-valve-technology-market-global-industry-analysis-and-forecast-2016-2024-report.html
In the final section, the report describes market competitive landscape to review the leading companies in the global market along with their company profiling. Some of the key market players featured in this report are:
AptarGroup, Inc.
Shanghai Golden Aerosol Co., Ltd.
Coster Tecnologie Speciali S.p.A.
Summit Packaging System, Inc.
Chicago Aerosol LLC
TOYO & DEUTSCHE AEROSOL GMBH
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market Research Reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
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Request for Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=918675
Initially, the report starts by defining the bag on valve technology market. In this introductory section, the report also assesses market performance in terms of revenue and volume, which is followed by the key trends, driving factors and limitations witnessed in the global market. Geographically key areas focused in the report are North America, Europe, APAC, Latin America and MEA.
Bag-on-valve technology or BoV aerosol is a superior spray dispensing system, with modern packaging solution that improves products in different industries, including pharmaceutical, cosmetics and food. As for the manufacturers, the preference for the bag on valve has only grown in the past few years as this technology provides a longer shelf life for oxygen sensitive products that contain less or no preservatives. Also, this type of packaging is 100% recyclable and offers both convenience and reliability for the consumer. There are a lot of benefits which are attached to this technology which explains its endless possibilities. This is appropriate for liquid as well as viscous products, such as gels, creams and ointments, in a number of application areas.
In order to understand and assess opportunities in this market, the report is categorically divided into six key segments such as product type, valve type, container type, capacity type, application type and region. Due to environmental concerns, North America moves away from aerosols and focused towards other packaging systems such as one of the Bag on Valve options. Currently, Europe is expected to show a moderate growth rate in the coming years. By product type, it can be categorized into:
Standard B.O.V
Aerosol B.O.V.
Non-Spray/low pressure B.O.V
Moreover, container types of BoV technology include Aluminum, Steel, Plastic and Tin Plate. Typically BoV’s are used in aluminum cans with a 1-inch opening for pressing the valve which is welded to a foil based packaging bag with multi-layer film laminate.
Browse Full Report with TOC: http://www.marketresearchhub.com/report/bag-on-valve-technology-market-global-industry-analysis-and-forecast-2016-2024-report.html
In the final section, the report describes market competitive landscape to review the leading companies in the global market along with their company profiling. Some of the key market players featured in this report are:
AptarGroup, Inc.
Shanghai Golden Aerosol Co., Ltd.
Coster Tecnologie Speciali S.p.A.
Summit Packaging System, Inc.
Chicago Aerosol LLC
TOYO & DEUTSCHE AEROSOL GMBH
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market Research Reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
Contact Us
90 State Street
Albany, NY 12207
United States
Toll Free : 866-997-4948 (US-Canada)
Tel : +1-518-621-2074
Email : press@marketresearchhub.com
Website : http://www.marketresearchhub.com/
Follow us on LinkedIn : https://www.linkedin.com/company/market-research-hub
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Market Research Hub
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www.marketresearchhub.com/
Sudip Saha
866-997-4948
www.marketresearchhub.com/
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