Aerosol Valves Market


19 Jul 2024

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Aerosol Valves Market Revenue and Opportunities

The global aerosol valves market revenue was valued at USD 1.67 billion in 2023 and is poised to grow from USD 1.75 billion in 2024 to USD 2.74 billion by 2033, at a CAGR of 5.11% during the forecast period 2024 - 2033. The growing customer awareness of personal grooming and hygiene is expected to drive the growth of the aerosol valves market.

Aerosol Valves Market Statistics

Market Overview

The aerosol valve market deals with devices mounted on equipment or containers that spray gas or liquid substances under pressure. The aerosol valves hold pressure between two fluids with the intention of forcing the product through an atomizer. This process is completed by filling the reservoir, can, or tank with two different fluids. The increasing usage of asthma, inhalers, pain relief sprays, and other spray-based solutions made for itchiness, insect bites, treating sunburn, and alleviating discomfort and rapidly increasing demand for aerosol cans as a packaging service for such products is anticipated to drive the growth of the market.

In addition, increasing uptake in the pharmaceutical sector, growing drink and food sector, growing progress in packaging technologies, growing uses in the industrial and automotive sectors, and increasing stringent environmental rules are further anticipated to enhance the growth of the aerosol valves market during the forecast period.

  • The rapidly increasing urbanization and shifting ways of life are expected to drive the growth of the aerosol valve industry.
  • The rising globalization of consumer brand brands into new markets is estimated to enhance the growth of the aerosol valve industry.
  • The rising technological progress in the design of valves and rising developments in e-commerce platforms are anticipated to drive the growth and demand for the aerosol valve industry.

Increasing demand for convenience, advancements in valve technology, and rising environmental awareness fuel market growth

The increasing choice for convenient packaging services accelerates the demand for aerosol valves, as they provide portability and easy dispensing, especially in automotive, household, and personal care applications. In addition, ongoing technological advancements in functionality and valve design, such as continuous spray and metered dose, enhanced user experience, precision, and product performance, are expected to drive the growth of the market.

Furthermore, increasing regulatory pressures and environmental concerns enhance the adoption of environmentally friendly materials which helps to address consumer preferences and sustainability goals. Aerosol products have been utilized in various ways such as furniture polish, cooking spray, hair spray, and many more. Aerosol mist products are made to be renewable, so consumers can feel safe about using them. These are the major driving factors expected to enhance the growth of the aerosol valves market.

However, supply chain disruptions, intellectual property infringement and counterfeit products, and volatility in raw material costs may restrain the growth of the market. The disturbance in global supply chains, such as geopolitical tensions, transportation delays, and raw material shortages can restrain the availability of aerosol valves, and increase lead times and production schedules impacting customer satisfaction and market stability.

In addition, the proliferation of intellectual property infringement and counterfeit aerosol valves poses threats to compromised product quality and brand dilution, leading to revenue loss and legitimate manufacturers undermining market integrity and consumer trust. Furthermore, volatility in the costs of raw materials, especially metals such as steel and aluminum in valve manufacturing can impact profit margin and production costs for aerosol valve manufacturers, affecting the growth of the aerosol valves market.

Aerosol Valves Market Highlights

Report Attribute Key Statistics
Market Revenue in 2024 USD 1.75 Billion
Market Revenue by 2033 USD 2.74 Billion
Market CAGR 5.11% from 2024 to 2033
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market Europe
Base Year 2023
Forecast Period 2024 to 2033
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Aerosol Valves Market Top Companies

  • Henkel AG & Co., KGaA
  • Salvalco
  • Estee Lauder Inc.
  • Beiersdorf AG
  • Akzo Nobel N.V.
  • Honeywell International Inc.
  • Unilever
  • Procter & Gamble
  • S. C. Johnson & Son, Inc.
  • Oriflame Cosmetics Global SA

Recent Innovation in Aerosol Valves Market by Salvalco and Procter & Gamble

  • In January 2024, with the recent collaboration with Procter & Gamble’s Old Spice brand, Salvalco launched the Eco-Valve technology. This advanced brand brought a new aluminum-free men’s total body spray to the market, which is available to purchase in America and the UK. All whilst delivering the same amazing aerosol performance that customers know and love.

Recent Innovation in Aerosol Valves Market by Aptar Beauty

  • In September 2023, the manufacturer of dispensing systems and primary packaging solutions for the pharmaceuticals and personal care markets launched a new range of aerosol actuators that reduces the need for overlap while still assuring the formula is protected. The innovation was designed, possibly dubbed twist-to-lock, unlocking technology, and intuitive locking.

Regional Insights

The Europe aerosol valves market has experienced steady growth, driven by rising demand across various end-use industries such as personal care, healthcare, and household products. The market is characterized by innovations in valve technology aimed at enhancing product performance and user convenience. Factors such as increasing consumer preference for convenient and easy-to-use packaging solutions, along with growing awareness of personal hygiene and grooming, have significantly contributed to market expansion. Additionally, the adoption of sustainable and eco-friendly aerosol products is on the rise, further propelling the market. The presence of leading manufacturers and a robust supply chain infrastructure also play a crucial role in supporting market growth across the region. Overall, the Europe aerosol valves market is poised for continued growth, driven by technological advancements, evolving consumer preferences, and a strong focus on sustainability.

Bar Chart 925461

The North America Aerosol Valves Market is experiencing significant growth, driven by increasing demand across various end-use industries such as personal care, healthcare, and automotive. The region's robust manufacturing sector, coupled with technological advancements in aerosol valve designs, enhances product efficiency and user convenience. Growing consumer preference for packaged products, particularly in personal care and household segments, fuels market expansion. Additionally, stringent environmental regulations are prompting manufacturers to develop eco-friendly aerosol solutions, further boosting market prospects. The United States and Canada are major contributors, with extensive industrial bases and high adoption rates of aerosol products, fostering a competitive and dynamic market environment.

Bar Chart 108194

Asia Pacific is expected to grow fastest during the forecast period. The growth of the market is enhanced by the enormous demand for pharmaceutical and industrial packaging in Asia Pacific. The infrastructural development in regions such as China, India, Japan, and South Korea is expected to expand the demand for the aerosol valves market. Government initiatives inspiring new investments in the market combined with rising expenditure on personal care products are estimated to enhance the region’s growth.

In China, there are 436 active Aerosol valve exporters exporting to 560 Buyers, according to Volza’s China Aerosol valve suppliers and exporters directory. Chinese manufacturers made various types of aerosol valve elements to address the demand of consumers such as automatic aerosol valve inserting machines, spray valves, aerosol valves, bag-on aerosol valves, and many others. These are the major factors accelerating the growth of the aerosol valves market in the Asia Pacific region.

Market Potential and Growth Opportunity

The increasing application of aerosol valves in the automotive industry

The rising lifestyle standards and increasing income among the population will enhance the automobile industry. Increasing demand for auto vehicles will drive the market growth for the automotive industry. The cause of reducing carbon emissions from the environment and rising concern about the environment is the population moving from diesel-petrol vehicles to hybrid and electric vehicles. This shift of consumer preferences towards sustainability will enhance the growth and demand for the aerosol valves market in the near future.

Aerosol Valves Market News

  • In October 2022, SprayPET Revolution was launched by Plastipak which claims to be a 100% polymer and fully recyclable aerosol container compatible with standard PET recycling streams. These PET aerosols contain valves of standard metal with rubber gaskets.
  • In March 2024, the manufacturers of spray caps, actuators, and valves used in aerosol products collaborated with other market players in the UK Aerosol Recycling Initiative as an investing partner. Lindal Group contributed to enhancing the initiatives of consumer engagement campaigns, pilot programs, data collection studies, and feasibility studies.

Market Segentation

By Material

  • Steel
  • Aluminum
  • Others

By Type

  • Standard
  • Bag-In-Valves

By Application

  • Personal Care
    • Deodorants
    • Hair Mousse
    • Hair Spray
    • Shaving Mousse/Foam
    • Suncare
    • Others
  • Household
    • Insecticides
    • Plant Protection
    • Air Fresheners
    • Furniture & Wax Polishes
    • Disinfectants
    • Surface care
    • Others
  • Automotive & Industrial
    • Greases
    • Lubricants
    • Spray Oils
    • Cleaners
  • Food
    • Oils
    • Whipped Cream
    • Edible Mousse
    • Sprayable Flavors
  • Paints
    • Industrial
    • Consumer
  • Medical
    • Inhaler
    • Topical Application
    • Others

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