Published by mark itwired
Posted on October 4, 2021
Bag-on-valve laminates market is expected to register growth at a steady pace, driven by the consistently rising demand from the personal care and healthcare sectors. According to a study by Future Market Insights (FMI), the market is expected to reach US$ 217.3 Mn in 2021.
Expansion of the personal care industry and increase in the number of consumers using products such as deodorants, antiperspirants, hair sprays, and others will fuel the demand for bag-on-valve laminates for effective packaging solution.
Personal care products are commonly packed in traditional aerosol packaging but with innovation, bag-on-valve packaging has emerged as a preferred solutions. The bag-on-valve packaging system consists of an aluminum or tinplate container, valve, laminate bag, actuator nozzle, and a pressurized propellant such as nitrogen gas or compressed air.
The use of inert gas such as nitrogen or compressed air as propellant makes the product safer by leaps and bounds compared to traditional aerosol packaging that use flammable hydrocarbons as propellants.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-10864
Bag-on-Valve laminates have emerged as safer alternatives for packaging of a variety of personal care products and are gaining popularity among consumers of those products who are averse to flammable propellants.
Several key players are using this technology to cater to the changing demand among consumers. According to FMI, the personal care industry is expected to account for nearly 33% of sales in the market in 2021. Besides this, the demand in the healthcare sector also is expected to rise.
“Besides adopting strategies to achieve their goals for expansion, the market players are focusing on offering greater recyclability. Steps taken towards adopting sustainable packaging solutions will aid the overall expansion of the market in the coming years,” said an analyst at FMI.
Manufacturers in the pharmaceutical industry offering products such as nasal sprays and wound cleaners are favoring bag-on-valve laminates packaging, as it is easy to sterilize and a comparatively hygienic form of packaging.
The nasal spray market is anticipated to grow tremendously as it is an effective drug delivery system for the increasing number of cases of asthma, respiratory diseases, and common coughs and cold.
According to the World Health Organization (WHO), out of 93 vaccine trials that are underway, 7 are based on intranasal delivery system. The demand for packaging of these nasal sprays will potentially augment the bag-on-valve laminates sales due to their ability to keep the active ingredient comparatively safer.
Ask us your Any Queries About this Report:
https://www.futuremarketinsights.com/askus/rep-gb-10864
The ongoing COVID-19 pandemic has affected many industries including the packaging sector. The bag-on-valve laminates market suffered in the pandemic majorly because of factors like shortage in supply of raw materials, logistics, and lockdown restrictions.
The decrease in demand from industries such as personal care and home care also negatively impacted the overall market. Nonetheless, the increasing application of bag-on-valve laminates in the healthcare industries for packaging of products like nasal sprays and sterile washes has helped in dampening the effect of the pandemic.
Amcor plc, Aptar Group, Precision Valve Corporation are the top players operating in the bag-on-valve laminates market. Furthermore, Tunap Group, Lindal Group, Summit Packaging Systems, Gualapack S.p.A are also some of the noticeable players in the bag-on-valve laminates market. The Tier 3 players hold 65-70% in the global bag-on-valve laminates market. Key players contribute almost 30-35% of the global market.
Future Market Insights, in its new report, offers an unbiased analysis of the global bag-on-valve laminates market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the bag-on-valve laminates market based on material (polypropylene (PP), aluminum, and polyethylene terephthalate (PET)), packaging format (bags and pouches), filling process (cold fill, aseptic fill, and ambient fill) and end-use (home care, personal care, healthcare, and others (chemical)) across seven regions.
Material
Packaging Format
Filling Process
Application
The post Bag-on-Valve Laminates Market Latest Technology and Market Trends & Forecast 2021 – 2031 appeared first on Market Research Blog.
Bag-on-valve laminates market is expected to register growth at a steady pace, driven by the consistently rising demand from the personal care and healthcare sectors. According to a study by Future Market Insights (FMI), the market is expected to reach US$ 217.3 Mn in 2021.
Expansion of the personal care industry and increase in the number of consumers using products such as deodorants, antiperspirants, hair sprays, and others will fuel the demand for bag-on-valve laminates for effective packaging solution.
Personal care products are commonly packed in traditional aerosol packaging but with innovation, bag-on-valve packaging has emerged as a preferred solutions. The bag-on-valve packaging system consists of an aluminum or tinplate container, valve, laminate bag, actuator nozzle, and a pressurized propellant such as nitrogen gas or compressed air.
The use of inert gas such as nitrogen or compressed air as propellant makes the product safer by leaps and bounds compared to traditional aerosol packaging that use flammable hydrocarbons as propellants.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-10864
Bag-on-Valve laminates have emerged as safer alternatives for packaging of a variety of personal care products and are gaining popularity among consumers of those products who are averse to flammable propellants.
Several key players are using this technology to cater to the changing demand among consumers. According to FMI, the personal care industry is expected to account for nearly 33% of sales in the market in 2021. Besides this, the demand in the healthcare sector also is expected to rise.
“Besides adopting strategies to achieve their goals for expansion, the market players are focusing on offering greater recyclability. Steps taken towards adopting sustainable packaging solutions will aid the overall expansion of the market in the coming years,” said an analyst at FMI.
Manufacturers in the pharmaceutical industry offering products such as nasal sprays and wound cleaners are favoring bag-on-valve laminates packaging, as it is easy to sterilize and a comparatively hygienic form of packaging.
The nasal spray market is anticipated to grow tremendously as it is an effective drug delivery system for the increasing number of cases of asthma, respiratory diseases, and common coughs and cold.
According to the World Health Organization (WHO), out of 93 vaccine trials that are underway, 7 are based on intranasal delivery system. The demand for packaging of these nasal sprays will potentially augment the bag-on-valve laminates sales due to their ability to keep the active ingredient comparatively safer.
Ask us your Any Queries About this Report:
https://www.futuremarketinsights.com/askus/rep-gb-10864
The ongoing COVID-19 pandemic has affected many industries including the packaging sector. The bag-on-valve laminates market suffered in the pandemic majorly because of factors like shortage in supply of raw materials, logistics, and lockdown restrictions.
The decrease in demand from industries such as personal care and home care also negatively impacted the overall market. Nonetheless, the increasing application of bag-on-valve laminates in the healthcare industries for packaging of products like nasal sprays and sterile washes has helped in dampening the effect of the pandemic.
Amcor plc, Aptar Group, Precision Valve Corporation are the top players operating in the bag-on-valve laminates market. Furthermore, Tunap Group, Lindal Group, Summit Packaging Systems, Gualapack S.p.A are also some of the noticeable players in the bag-on-valve laminates market. The Tier 3 players hold 65-70% in the global bag-on-valve laminates market. Key players contribute almost 30-35% of the global market.
Future Market Insights, in its new report, offers an unbiased analysis of the global bag-on-valve laminates market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the bag-on-valve laminates market based on material (polypropylene (PP), aluminum, and polyethylene terephthalate (PET)), packaging format (bags and pouches), filling process (cold fill, aseptic fill, and ambient fill) and end-use (home care, personal care, healthcare, and others (chemical)) across seven regions.
Material
Packaging Format
Filling Process
Application
The post Bag-on-Valve Laminates Market Latest Technology and Market Trends & Forecast 2021 – 2031 appeared first on Market Research Blog.
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