Pune, India -- (SBWIRE) -- 04/05/2019 -- The report on Bag on Valve Technology Market by product type (non-spray / low-pressure b.o.v.), valve (male, female valve), container type (tin plate, steel), capacity type (below 30ml, 100ml - 275ml, 275ml - 500ml, and above 500ml), application (food & beverages) trends analysis and forecasts up to 2024 studies the market sizes, key trends Global Industry Analysis, Trends, Size, Share and Forecasts to 2024 and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. The growth in the world market is primarily driven by a significant contribution by North America (Leading region) region to this market. According to the report, the global bag on valve technology market is projected to grow at a CAGR of 4.5% over the forecast period of 2018-2024.

For More Details Get FREE Sample Pages of this Research Report@ https://www.infiniumglobalresearch.com/reports/sample-request/4876

Bag on Valve Technology Market: Industry insights

Bag on the valve is modern packaging technology designed to improve cosmetic and beauty products, food products and pharmaceutical products. This technology offers significant benefits for the aerosol product that needs a contact-free dispensing system. Moreover, this product suitable for liquid as well as most viscous products like creams and lotion in a number of application areas. There are three types of a bag on valve products includes Aerosol B.O.V, Standard B.O.V and Non-spray/low-pressure B.O.V.'s.

Bag on Valve Technology Market: Driver and Restraints

The various benefits offered by bag on valve technology such as longer shelf-life, cost-effectiveness and need of less or no preservatives, used with eco-friendly nitrogen or air. Thus, bag on valve technology is significantly used for cosmetics and personal care, medical, pharmaceutical and food & beverages packaging. Moreover, implementation of a bag on valve technology by major food companies for packaging oils, sauces and other liquid, as well as creams products, has a positive impact on the growth of bag on valve packaging. Moreover, a number of manufacturers are preferring aluminum as packaging, recycling of aluminum can save a lot of money and also reduce energy consumption. Compared to traditional aerosol spray technology BoV aerosols have several benefits, for manufacturers, consumers as well as the environment. However, the availability of substitutes may hamper the growth of bag on the valve technology market. Furthermore, the packaging industry continues to innovate new ways to utilize Bag on Valve technology is anticipated creates the growth opportunities for the bag on valve technology market during the forecast period.

Request a Discount on Standard Prices of this Premium Report @ https://www.infiniumglobalresearch.com/reports/sample-request/4876

Bag on Valve Technology Market: Segmentations

The global bag on valve technology market bifurcated into product type, valve, container type, capacity type, and application. On the basis of product type, the global market segmented into standard B.O.V., aerosol B.O.V., and non-spray / low-pressure B.O.V. Furthermore, the valve segment includes male valve and female valve. On the basis of container type, the bag on valve technology market bifurcated into a tin plate, plastic, aluminum, and steel. Aluminum Containers is expected to hold the largest growth in the global Market for Bag-on-valve Technology owing to its benefits includes cost-effectiveness and reduction of energy consumptions. The capacity type segment includes below 30ml, 30ml - 100ml, 100ml - 275ml, 275ml - 500ml, and above 500ml. On the basis of application, the bag on valve technology market includes pharmaceuticals, food & beverages, cosmetics & personal care, and automotive & industrial products.

Bag on Valve Technology Market: Regional Analysis

Geographically, Europe region dominates the global bag on the valve technology market. The growth in cosmetic and personal care products is augmenting the growth of bag on the valve technology market. Moreover, development of the pharmaceuticals industry is fulfilling innovative packaging by utilizing bag-on-valve technology has a positive impact on the growth of the market in the Europe region. Furthermore, North America is expected to witness a significant growth rate during the forecast period. The growth of Asia Pacific's market is attributed to owing growth in adoption of the bag on technology from emerging countries such as China, India, and Japan. The Asia Pacific is anticipated to be the fastest growing region during the forecast period in a bag on valve technology market.

Browse Detailed TOC and Description of this Exclusive Report@ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-bag-on-valve-technology-market

Bag on Valve Technology Market: Competitive Analysis

Some of the key players operating in the global bag on valve technology market are LINDAL Group, Summit Packaging Systems, Exal Corporation, Coster Tecnologie Speciali S.p.A, PREVAL, KOH-I-NOOR Mladá Vožice a.s., Precision Valve Corporation, Shanghai Golden Bridge Infotech Co., Ltd., AptarGroup, Inc., and TOYO & DEUTSCHE AEROSOL GMBH.

Aptar Pharma Introduced A New Respiratory Drug Delivery Device

In October 2018, Drug delivery systems provider Aptar Pharma has introduced a new portable, drug delivery device called PureHale to help relieve the symptoms of upper respiratory system disorders. Using the company's Bag-on-Valve technology, PureHale is designed to generate a continuous fine mist of 20-30µm that will cleanse, moisturise and soothe the upper respiratory tract.

Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the bag on valve technology.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.