Aerosols are colloidal systems of solid or liquid phases suspended in the gas. This bag & bag aerosol can uses nitrogen or compressed air as a propellant, to reduce the carbon footprint to a large extent. Also, the technology inhibits the contact between the product and oxygen, which keeps the fragrances and colors stable for a longer duration.
The demand for the product has been improved and it is thus salable for a longer period whereas, the development of the pharmaceutical industry in North America region due to rising health problems among the people is likely to result to increase the sales. According to the latest study by Fact.MR, the global bag & bag aerosol can market size is estimated to grow at a significant rate of more than 5% over the forecast period.
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Key Segments
· By Product Type
-
- Aerosol Bag on Valve
- Standard Bag on Valve
- Non-Spray Bag on Valve
· By Container Type
-
- Aluminum
- Tin Plate
- Steel
- Plastic
· By Capacity
-
- Below 30 ml
- 30 ml – 100 ml
- 100 ml – 500 ml
- Above 500 ml
· By Valve Type
-
- Male Valve
- Female Valve
· By Application
-
- Cosmetic & Personal Care
- Pharmaceutical
- Homecare
- Food & Beverages
- Automotive
North America Bag & Bag Aerosol Can Market Outlook
North America holds the highest amount of global share.The regional share is mainly attributable by the personal care industry whereas the factors such as the rapid growth in the fragrance industry, the rise in spending of consumers and the high consumption of cosmetics are boosting regional growth.
In North America, the USA is expected to witness noticeable growth in demand during the forecast period, owing to the growth in furniture production & exports, increase in demand from the automotive industry, and increasing architectural and construction projects, which is further likely to grow the demand for coatings and paints.
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Who are the Key Manufacturers and Suppliers of Bag & Bag Aerosol Can?
The prominent players in the market are
- KOH-I-NOOR Mlada Vozice
- Lindal Group Holding GmbH
- Coster Tecnologie Speciali S.p.A.
- Aptar Group Inc
- Exal Corporation
- Summit Packaging Systems
- Precision Valve Corporation
- Chicago Aerosol.
These key players resolute in North America and other developed regions conquer a momentous share worldwide. Major producers are expected to shift their industries in developing regions such as Central and South America, Middle East & Africa and the Asia Pacific. This change is expected at looking at their improved sales and service branches in these regions in order to increase global share.
Additionally, manufacturers are investing considerably in improving their R & D competencies as well as are focusing on getting pertinent insights and consumer inclinations that subsidize to building commercial strategies. For instance, in 2019, Aptar Group Inc. had launched fan spray insert technology for bag aerosol cooking sprays.
However, regional clusters including North America and Asia Pacific region aiding the local manufacturers are presenting defies to global manufacturers posing their products at composite points which in turn is favorably disturbing the overall bag & bag aerosol can market revenues.
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Bag & Bag Aerosol Can Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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