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Aerosol Valves Market Worth 3.30 Billion USD | Expectations vs. Reality

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Abhijeet W
Aerosol Valves Market Worth 3.30 Billion USD | Expectations vs. Reality

The report "Aerosol Valves Market by Type (Metered, and Continuous), End-use sector (Personal care, home care, Healthcare, Automotive), And Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Global Forecast to 2022", The aerosol valves market size is projected to grow from USD 2.71 Billion in 2017 to reach USD 3.30 Billion by 2022, at a CAGR of 4.03%.

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Browse 132 market data Tables and 23 Figures spread through 143 Pages and in-depth TOC on "Aerosol Valves Market”

North America accounted for the largest share of the aerosol valves market in 2016.

North America, with developed economies such as US and Canada, is expected to drive the aerosol valves market. Focus on reducing packaging waste would drive the growth of the aerosol valves market in North America, as they are cost-effective and reduce wastage by increasing the shelf life of the product. The US is projected to dominate the North American aerosol valves market through 2022. The growth in the personal care and home care industries is expected to drive the demand for aerosol valves in the US. In addition to this, factors such as economic growth, the rise in competition among manufacturers, consumer preference for high-quality, convenient, visually appealing, and sustainable packaging, would also drive the demand for aerosol valves in this region.

The major players include Aptar Group (US), Precision Valve Corporation (US), Coster Tecnologie Speciali (Italy), LINDAL Group Holding (Germany), Mitani Valve (Japan), Summit Packaging Systems (UK), Clayton Corp. (US), Newman Green (US), KOH-I-NOOR Mladá Vožice a.s. (Czech Republic), and SALVALCO (US). Companies have adopted strategies such as new product launches, mergers & acquisitions, expansions, and investments to cope with the increase in demand in the emerging markets.

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Based on End-use Sector, the market has been segmented as follows:

  • Personal care
  • Home care
  • Healthcare
  • Automotive
  • Others (food & beverage and electronics)

Based on Region, the market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

 

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