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1024634

Global Bag on Valve Laminate Market - 2021-2028

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Global Bag on Valve Laminate Market - 2021-2028
Published: August 20, 2021
DataM Intelligence
Content info: 180 Pages
Delivery time: 2 business days
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  • Table of Contents
Description

Bag on Valve Laminate Market Overview

The bag-on-valve laminated films arrive at the BOV component manufacturers in large rolls. In the bag-on-valve generation process, the laminate is folded and welded into a pouch, then welded to the aerosol valve. This creates a hermetically sealed BOV package. Each BOV is then leak tested in the generation line before being shipped to the consumers for product filling. Moreover, the BOV is a barrier packaging technology for liquid or viscous products. The product is separated from the eco-friendly air or nitrogen propellant. This division keeps the product pure. BOV packaging is 100% recyclable and provides both reliability and convenience for the consumer.

Typically, BOV is used in aluminum cans with a one-inch opening for crimping the valve, which is welded to a foil-based packaging bag with multi-layer film laminate. Once the valve has been compressed air, crimped, or nitrogen is filled into the area between the can and bag. This method is called under the cup gassing and keeps the product and fuel separate at all times.

The global bag on valve laminate market is estimated to reach US$ XX million by 2028 from the recorded market size of worth US$ XX million in 2020, growing at a CAGR of XX% during the forecast period (2021-2028).

Bag on Valve Laminate Market Dynamics

The increasing inclination of consumers towards personal care and pharmaceutical industries is triggering the demand for bag on valve laminate in recent times. Growing demand from real estate and developing countries creates a strong opportunity for the bag on valve laminate market growth.

Expansion of pharmaceuticals & personal care industries is expected to drive the market growth

A huge component of the increase being witnessed in the industry is attributed to the dynamic marketing and expansion of the global personal care and pharmaceutical industries. In addition to producing the highest percentage of revenue, the pharmaceutical application of BOV packaging is anticipated to record constant growth over the coming years due to the popularity of sterilized products like wound cleansers and nasal sprays.

In North America, the increasing use of bags on valve filling products is boost by growing concern about health and medical-technological innovations. The pharmaceutical industry is responsible for the R&D, production, and distribution of medications. The market has undergone significant growth during the past two decades, and pharma revenues global approx. US$ 1.24 trillion in 2019.

Moreover, technological advances have sparked many health products, i.e., medical adhesive and throat spray remover. The other segment of the industry witnessing perpetual use of bag-on-valve filling packaging is the food & beverage sector. The industry application is slated to grow considerably at the rate of 6.9% between 2019 and 2025. In 2018, the household care industry estimated US$ 950 million of the entire BOV industry output. Buoyed by growing demand for insecticides, air fresheners and cleaning products, the industry is slated to grow significantly between 2019 and 2025.

Growing utilization of bag on valve laminate in real estate sector and developing countries is expected to boost the market growth

Increasing the real estate sector and demand for BOV products in developing countries will also add to the growth impetus. As things stand, the most significant selling points for bag-on-valve filling products include high protection & safety levels, long shelf life and fewer preservatives for stored products. There are plans to introduce multi-medium BOV operations separated by a tiered chamber and a metering dosage BOVs for pharmaceutical applications.

Moreover, the demand for the bag on valve technology utilizes compressed nitrogen or air as a propellant, decreasing carbon footprint to a large extent. Also, the technology limits contact between oxygen and the product, which keeps the fragrances and colors stable for a longer period.

The product is enhanced, and it is thus marketable for a longer period. Thus, the bag-on-valve technology is perceived as the "value for money" packaging solution among consumers and manufacturers, which is expected to grow globally during the forecast period. The bag-on-valve filling technology provides optimal protection to an array of products stored in aerosol cans. The level of protection is improved with the use of a germ-proof bag of valve packaging.

High protection expenses and availability of alternatives of BOV laminates is expected to hinder the market growth

Despite the packaging advances and high safety standards, the following limitations still stand in the way:

  • Limitations concerning the approved types of bags on valve filling bags
  • Competition from the generally available traditional packaging products
  • The technology is inappropriate for certain product ranges
  • High production expense due to the use of costly valve bag filling machines
  • Undue pressure can cause the bag to burst

Bag on Valve Laminate Market Segment Analysis

By end-user, the market is segmented into healthcare, personal care, chemical, food, home care, veterinary products and others.

For over two decades, BOV products have been sold and marketed as non-aerosol items. According to the National Institutes of Standards and Technology (NIST), BOV products are broadly segregated into standard BOV, aerosol BOV and non-spray or low-pressure BOV. The mass-produced Aerosol BOV uses hydrocarbons or other appropriate liquid gas propellants to compress stored products. In certain models, hydrocarbons are added to the product mix to create a post-foaming range of products. Aerosol BOV is environmentally friendly since the container is recyclable. The standard BOV reduces the BOV system using air or nitrogen.

Moreover, the main components of a typical BOV system are the valve, propellant, bag, bag-on-valve can, product and bag on valve actuator. One great thing about today's BOV systems is the flexibility to forge different shapes. The valve installed on a BOV can either be female or male, depending on the manufacturer's preference. The propellant used in the system is strictly separated from the stored products. In addition, the actuator used in BOV systems also comes in different sizes to match different needs. The most solicited BOV system bags in the market are FDA-approved. A standard laminated aluminum bag comes in 3-4 layers. Different types of products can be packaged on the BOV system; the most common application areas include the packaging of personal care products such as ointments, gels, and lotions. Due to the advances in packaging technology, BOV systems have gained many footholds in oxygen-sensitive and storing sterile pharmaceutical products.

Bag on Valve Laminate Market Geographical Analysis

Based on the geography, the bag on valve laminate market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for bag on valve laminate in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.

Asia-Pacific is expected to dominate the bag on valve laminate market during the forecast period

Asia-Pacific is expected to dominate the global bag-on-valve laminates market during the forecast period. Thus, China is expected to influence the bag on the valve technology market. This country is predicted to be the key manufacturer and the largest consumer of the bag on valve technology during the forecast period. Moreover, the region is expanding in the global bag on the value technology market due to growing awareness about the importance of usage patterns and the environment & contamination-free packaging. India is expected to contribute to the high revenue of the overall market during the forecast period. According to a global survey conducted in 2020, the common overall public support in Asia and the Pacific region for all climate policies was 38%. Nearly six climate policies had support from over 40% of the respondents.

Europe's bag value technology market is anticipated to show tremendous progress in the forecast period. Between 2021 and 2026, paper packaging used in e-commerce is anticipated to report rising volumes in Europe. Five-years-time forecasts for Central and Western Europe showed that by 2026, normal slotted containers of low-cost distribution packaging were anticipated to increase to 1,524.89 million m2 compared to 2021. Die-cut trays packaging in the same market segment will follow with a likely growth of 554.87 million m2. On the opposite, two formats of shelf-ready packaging mainly used in supermarkets and hypermarkets are expected to report negative trends.

Bag on Valve Laminate Market Competitive Landscape

The bag on valve laminate market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Amcor plc, Aptar Group, Precision Valve Corporation, TUNAP Group, Lindal Group, Summit Packaging Systems, Gualapack S.p.A., Chicago Aerosol, LLC, Wipf Doypak, Farrag Packaging are the major player in the chemical market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the bag on valve laminate market globally.

Amcor plc

Overview: The company is a growing global organization producing and developing responsible packaging for beverage, food, medical, pharmaceutical, home & personal care and other products. The company has 230 sites with approx. 47,000 employees in more than 40 countries and had sales of US$ 12.5 billion.

Product Portfolio:

  • The company offers various significant features for this product, such as

Very good sealability against the valve

Drop resistance

Chemical resistance (alcohol fat acidic or alkaline substances)

High seal strength

Great barrier against gas moisture aroma and light

  • Moreover, the company offer significant customer benefits, including

Product Safety: No requirement for flammable propellants

More Sustainable: The decreased need for preservatives

Excellent Seal Properties: aminated pouch provide a superior barrier and permeation properties

  • In addition, the company also offer significant-end consumer benefits, including

More Sustainable - Up to 100% product emptying without residual waste

Product Safety - Total division of propellant and product

Convenience - No pumping motion required used at all angles even and controlled spray patterns

Why Purchase the Report?

  • Visualize the composition of the bag on valve laminate market segmentation by material, filling process, application, end-user and region highlighting the key commercial assets and players.
  • Identify commercial opportunities in bag on valve laminate market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of bag on valve laminate market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global bag on valve laminate market report would provide an access to an approx. 69 market data table, 75 figures and 180 pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
  • Distributors
Table of Contents
Product Code: DMOT3970

Table of Contents

1. Global Bag on Valve Laminate Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Bag on Valve Laminate Market- Market Definition and Overview

3. Global Bag-on-Valve Laminate Market- Executive Summary

  • 3.1. Market Snippet by Material
  • 3.2. Market Snippet by Filling Process
  • 3.3. Market Snippet by Application
  • 3.4. Market Snippet by End-User
  • 3.5. Market Snippet by Region

4. Global Bag on Valve Laminate Market-Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
      • 4.1.1.1. Expansion of pharmaceuticals & personal care industries
      • 4.1.1.2. Growing utilization of bag on valve laminate in real estate sector and developing countries
    • 4.1.2. Restraints
      • 4.1.2.1. High protection expenses and availability of alternatives of BOV laminates
      • 4.1.2.2. XX
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Bag on Valve Laminate Market- Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis
  • 5.4. Pricing Analysis
  • 5.5. Trade Analysis

6. Global Bag on Valve Laminate Market - COVID-19 Analysis

  • 6.1. Analysis of COVID-19 on the Market
    • 6.1.1. Before COVID-19 Market Scenario
    • 6.1.2. Present COVID-19 Market Scenario
    • 6.1.3. After COVID-19 or Future Scenario
  • 6.2. Pricing Dynamics Amid Covid-19
  • 6.3. Demand-Supply Spectrum
  • 6.4. Government Initiatives Related to the Market During Pandemic
  • 6.5. Manufacturers Strategic Initiatives
  • 6.6. Conclusion

7. Global Bag-on-Valve Laminate Market- By Material

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 7.1.2. Market Attractiveness Index, By Material
  • 7.2. Aluminum*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 7.3. CPP
  • 7.4. OPP
  • 7.5. PET
  • 7.6. PP
  • 7.7. Others

8. Global Bag-on-Valve Laminate Market- By Filling Process

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 8.1.2. Market Attractiveness Index, By Filling Process
  • 8.2. Cold Fill*
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 8.3. Aseptic Fill
  • 8.4. Ambient Fill
  • 8.5. Others

9. Global Bag-on-Valve Laminate Market- By Application

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 9.1.2. Market Attractiveness Index, By Application
  • 9.2. Ophthalmic*
    • 9.2.1. Introduction
    • 9.2.2. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 9.3. Cooking Oils
  • 9.4. Diagnostics
  • 9.5. Skin & Hair Care
  • 9.6. Polishing
  • 9.7. Air Fresheners
  • 9.8. Make-up
  • 9.9. Others

10. Global Bag-on-Valve Laminate Market- By End-User

  • 10.1. Introduction
    • 10.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
    • 10.1.2. Market Attractiveness Index, By End-User
  • 10.2. Healthcare*
    • 10.2.1. Introduction
    • 10.2.2. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 10.3. Personal Care
  • 10.4. Chemical
  • 10.5. Food
  • 10.6. Home Care
  • 10.7. Veterinary Products
  • 10.8. Others

11. Global Bag-on-Valve Laminate Market- By Region

  • 11.1. Introduction
    • 11.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 11.1.2. Market Attractiveness Index, By Region
  • 11.2. North America
    • 11.2.1. Introduction
    • 11.2.2. Key Region-Specific Dynamics
    • 11.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 11.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 11.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
    • 11.2.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 11.2.7.1. United States
      • 11.2.7.2. Canada
      • 11.2.7.3. Mexico
  • 11.3. Europe
    • 11.3.1. Introduction
    • 11.3.2. Key Region-Specific Dynamics
    • 11.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 11.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 11.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
    • 11.3.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 11.3.7.1. Germany
      • 11.3.7.2. United Kingdom
      • 11.3.7.3. France
      • 11.3.7.4. Italy
      • 11.3.7.5. Spain
      • 11.3.7.6. Rest of Europe
  • 11.4. South America
    • 11.4.1. Introduction
    • 11.4.2. Key Region-Specific Dynamics
    • 11.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 11.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 11.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
    • 11.4.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 11.4.7.1. Brazil
      • 11.4.7.2. Argentina
      • 11.4.7.3. Rest of South America
  • 11.5. Asia Pacific
    • 11.5.1. Introduction
    • 11.5.2. Key Region-Specific Dynamics
    • 11.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 11.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 11.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
    • 11.5.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 11.5.7.1. China
      • 11.5.7.2. India
      • 11.5.7.3. Japan
      • 11.5.7.4. Australia
      • 11.5.7.5. Rest of Asia Pacific
  • 11.6. Middle East and Africa
    • 11.6.1. Introduction
    • 11.6.2. Key Region-Specific Dynamics
    • 11.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
    • 11.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Filling Process
    • 11.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.6.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User

12. Global Bag-on-Valve Laminate Market Competitive Landscape

  • 12.1. Competitive Scenario
  • 12.2. Market Positioning/Share Analysis
  • 12.3. Mergers and Acquisitions Analysis

13. Global Bag-on-Valve Laminate Market Company Profiles

  • 13.1. Amcor plc*
    • 13.1.1. Company Overview
    • 13.1.2. Product Portfolio and Description
    • 13.1.3. Key Highlights
    • 13.1.4. Financial Overview
  • 13.2. Aptar Group
  • 13.3. Precision Valve Corporation
  • 13.4. TUNAP Group
  • 13.5. Lindal Group
  • 13.6. Summit Packaging Systems
  • 13.7. Gualapack S.p.A.
  • 13.8. Chicago Aerosol LLC
  • 13.9. Wipf Doypak
  • 13.10. Farrag Packaging

LIST NOT EXHAUSTIVE

14. Global Bag on Valve Laminate Market - Premium Insights

15. Global Bag on Valve Laminate Market- DataM

  • 15.1. Appendix
  • 15.2. About Us and Services
  • 15.3. Contact Us