Bag-on-Valve Laminates Market is estimated at US$ 371 Mn in 2031

Press Release from Future Market Insights

Between 2022 and 2031, the market for bag-on-valve laminates is expected to develop significantly at a CAGR of 5.4%, reaching US$ 372 Mn. The personal care and pharmaceutical industries are expected to support the market for bag-on-valve laminates, which is expected to rise at an astounding CAGR of 5.5% over the course of the forecast period and reach a market value of over US$ 219 Mn in 2019.

In the last five years, the personal care and pharmaceutical businesses have experienced astounding growth. These industries’ markets are fiercely competitive, which leads to continual production.

Key Takeaways from the Market for Bag-on-Valve Laminates

  • The market for bag-on-valve laminates will grow at a 5.4% CAGR between 2022 and 2031 due to the increasing need for sustainable and alternative packaging options.
  • In the personal care and healthcare sectors, increased demand for innovative packaging solutions will enable the United States to account for more than 88% of sales in North America in 2021.
  • Over the forecast period, government rules targeted at reducing carbon footprint across numerous industries would promote growth in the U.K. at a 1.9% CAGR.
  • Bag-on-valve laminates will be in great demand throughout the European market, especially in France, Italy, and Benelux.
  • Growth potential for the Chinese market will result from the expansion of the industrial sector.

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Demand for Safe Packaging of Sterilized Products to Shape Bag-on-Valve Laminates Market

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.

Competitive Landscape

Leading bag-on-valve manufacturers are committed to offering innovative applications of the product for many industries. For instance, Amcor Plc., one of the top tier companies in the bag-on-valve laminates market through constant innovation, is offering the product to a large number of industrial applications like pharmaceutical, skin and hair care, cosmetics, home care, etc. This has also opened doors for many other consumer products in the market for packaging in the bag-on-valve.

Furthermore, packaging manufacturers across the continents are also trying to increase their market share across the globe by forming strategic partnerships with the other companies and increasing their market presence across the seven regions.

Key Companies Profiled

  • Aptar Group
  • Amcor plc
  • Precision Valve Corporation
  • TUNAP Group
  • Lindal Group
  • Summit Packaging Systems
  • Gualapack S.p.A.
  • Coster Tecnologie Speciali S.p.A
  • Chicago Aerosol, LLC
  • Wipf Doypak
  • Farrag Packaging

Key Segments Covered in Bag-on-Valve Laminates Industry Research

Material:

  • Polypropylene (PP)
    • Oriented Polypropylene (OPP)
    • Cast Polypropylene (CPP)
  • Aluminum
  • Polyethylene terephthalate (PET)

Packaging Format:

  • Bags
  • Pouches

Filling Process:

  • Cold Fill
  • Aseptic Fill
  • Ambient Fill

Application:

  • Home care
  • Personal care
  • Healthcare
  • Others (Chemical)

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Companies Mentioned in this Press Release: