Bag-On-Valve Laminates Market Share, Size, Analysis, Growth & Trends- By Material Insights (Aluminum & Polypropylene ,Polypropylene (PP), Cast Polypropylene (CPP), Aluminum, Orientated Polypropylene (OPP)), By Application Insights (healthcare, personal care, food & beverage, home care and Industrial packaging),By Process Insights (ambient fill, aseptic fill and cold fill process) and By Region - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Bag-On-Valve Laminates Market size was valued at USD 35.6 million in 2020 and is projected to reach USD 66.9 million by 2030 growing with the CAGR of 6.5% during the forecast period 2020 to 2030. Bag-On-Valve (BOV) goods have been promoted and sold as non-aerosol items for more than two decades. BOV products are classified as Aerosol BOV, Standard BOV, and Low Pressure or Non-Spray BOV, according to the National Institute of Standards and Technology (NIST). To compress stored goods, the mass-produced Aerosol BOV employs hydrocarbons or another suitable liquid gas propellant. Hydrocarbons are added to the product mix in some models to generate a post-foaming variety of goods. Because the container is recyclable, Aerosol BOV is ecologically beneficial. The BOV system is compressed using air or nitrogen in the Standard BOV.

The aggressive marketing and expansion of the worldwide personal care and pharmaceutical sectors are responsible for a large portion of the industry's growth. The pharmaceutical use of BOV packaging is projected to increase steadily in the future years due to the popularity of sterilized goods such nasal sprays and wound cleaners, in addition to generating the greatest proportion of income. Many health goods, such as throat spray and medical adhesive remover, have been inspired by technological advancements. The food and beverage industry is another area that uses bag on valve filling packaging on a regular basis.

Market Segmentation:

• Material  Insights

Bag on Valve Technology Market is segmented By Material Type into Aluminum & Polypropylene, Polypropylene (PP), Cast Polypropylene (CPP), Aluminum, Orientated Polypropylene (OPP), and Polyethylene Terephthalate are some of the materials used to make Bag-on-Valve laminates (PET and nylon). Aluminum acts as a barrier against the elements, such as moisture, odors, and fumes. PET is frequently utilised as an external layer because of its capacity to maintain laminate integrity and mechanical resistance while also providing Alfold protection. Aluminum’s use is increasing at a faster rate than that of other materials. Manufacturers have been forced to expand their use of aluminum for bag-on-valve laminates as a result of increasing limits and regulations imposed internationally on the use of plastics.

Aluminum is a good choice since it has a greater barrier strength and can sustain the pressure from the propellants between the laminate and the outer container.

• Application Insight

Based on application, the bag on valve market is segmented into healthcare, personal care, food & beverage, home care and Industrial packaging,The availability of a sterile and safe line of storage goods has prompted pharmaceutical firms to use BOV products.

Many pharmaceutical companies involved in the production of burn gels, aerosolized antibiotics, and wound sprays have embraced the new bag on valve technology because it allows them to segregate propellants from the product. The increasing need for safe and efficient packaging of a variety of healthcare goods, as well as increased use of over-the-counter items such as nasal sprays and wound wipes, are driving this segment's rise.Because traditional packaging exposes food to the oxygenation process, an increasing number of food and beverage companies are resorting to aerosol BOV cans. Products like as oils and spices can also be kept in aerosol BOV cans, in addition to drinks such as juices, tea, and coffee. Winemaking is seeing a similar drive. BOV technology is currently being used by winemakers to keep wine fresh for longer periods of time.

• Process Insights

The filling process type segment of the bag on valve market is divided into ambient fill, aseptic fill and cold fill process. The aseptic fill method has risen to the top of the market thanks to the continual support of the rapidly changing healthcare industry. In the bag-on-valve laminates market, the aseptic filling process segment is leading the filling process segment.

The growth of the healthcare and personal care sectors has fueled the market's need for aseptic filling processes. In this procedure, the packaging materials are sterilised before the content is filled into the container in a sterile environment. This expands its applicability in the healthcare and personal care industries significantly. In terms of market share, the aseptic fill method is projected to occupy more than half of the overall market share.

Geographical Analysis

The United States controls the bag-on-valve laminates market in North America, with an outstanding market share of 89 percent in 2020. According to FMI's study, demand for bag-on-valve laminates is expected to rise in the United States during the next ten years. High healthcare spending and consumer awareness are expected to offer attractive prospects for bag-on-valve laminates to expand in the nation.The great demand for an excellent healthcare system in the United States, as well as favourable state legislation, have aided the country's healthcare industry's expansion. According to the Organization for Economic Co-operation and Development (OECD), the United States had the greatest spending growth rate in 2019 on healthcare.

Due to a number of reasons, the bag-on-valve laminates industry in Europe has a lot of promise. In Europe, consumers are compelled to utilise high-end personal care and home care goods. In the last five years, the country has seen a boom in consumer goods consumption, and this trend is expected to continue. Consumers are receptive to bag-on-valve packaging, and as a consequence, numerous companies from across the world are releasing products in Europe that are bag-on-valve packed.

Asia Pacific has the largest market share in the bag-on-valve laminates market due to rapid industrial and infrastructure development. China's packing machinery infrastructure is modern, and it is recognized for its ease of adapting to new technologies in a short period of time. Manufacturers from a wide range of sectors are interested in the Chinese market for two primary reasons: production costs are substantially lowered, and the growing population provides a large customer base for a wide range of products. China provides low-cost labour and lower-cost raw materials. Several producers in the bag-on-valve laminates industry are looking to China to take advantage of these advantages.

In the Middle East and Africa, need for bag-on-valve laminates is increasing as the popularity of safe packaging for natural and herbal cosmetics grows. As a result, the production of bag-on-valve laminates is speeding up, providing prospects for the Middle East and Africa. The region's expanding healthcare infrastructure, both in urban and rural regions, is allowing the industry to expand.Manufacturers of bag-on-valve laminates have revenue-generating potential thanks to the constantly changing healthcare business and attractive government legislation.

Key Companies Insights

Companies are engaged in various strategies, such as mergers &acquisitions, product launches, partnerships, and joint ventures to gain a greater market share. For Instance, In July 2021 LINDAL Group, a global aerosol dispensing business, has launched an enhanced spray imaging technology to assist clients get new levels of spray performance knowledge. LINDAL Group, a global aerosol dispensing business, has launched an enhanced spray imaging technology to assist clients get new levels of spray performance knowledge. LINDAL already conducts extensive spray analysis on their regular product line, as well as the customized solutions they work on with their innovation partners, in the form of flow, particle size, spray angle/shape, and spray pattern performance.

• Amcor
• Wipf Doypak
• Doctors Kline and Green
• Lindal Group
• Chicago Aerosol, LLC
• Wipf Doypak
• Farrag Packaging
• BOV Solutions
• Uflex
• Coster Group
• Aveflor
• Gualapack Group

Bag-on-Valve Laminates Market Report Scope