Bag-on-valve Technology Market Trends, Forecast To 2017 – 2024

Posted by Dinesh on April 2nd, 2021

Global Bag-on-valve Technology Market: Bag-on-valve Technology to Witness Impressive Growth in Cosmetics Industry by 2024 end

Bag-on-valve (B.O.V) technology is rapidly growing in packaging various pharmaceutical, personal care, home care products. Bag-on-valve technology provides an advantage for the aerosol products that require contact-free dispensing. Owing to the longer shelf-life, need of less or no preservatives, used with eco-friendly nitrogen or air, the bag-on-valve technology is being used on a large scale for cosmetics, food & beverages, and pharmaceutical packaging. Moving towards innovative and waste-reducing food packaging techniques. Major food companies are adopting bag-on-valve technology for packaging oil, sauces and other liquid and cream products. This is meeting consumer demand for convenience, easy-to-use and easy to store packaging.

According to the Aluminum Association, recycling aluminum can save a lot of money and also reduce energy consumption. Hence, increasing number of manufacturers are producing bag-on-valve packaging using aluminum. Moreover, aluminum has high recycling value without loss of any quality. B.O.V technology also results in reduced amount of volatile organic compounds. Healthcare and other industries are also choosing sustainable packaging options. Hence, the bag-on-valve packaging is emerging as the most-preferred choice for manufacturers in various industries.

Get More Press Release by TMR: https://www.prnewswire.com/news-releases/expanding-applications-of-fiber-sensors-open-fiber-bragg-grating-amplifier-market-to-incredible-avenues-global-valuation-to-rise-at-cagr-of-9-during-2020–2030-tmr-301259646.html

Bag-on-valve Technology to be Find Large Application in Cosmetics & Personal Care Industry

Increasing number of cosmetic and personal care products including deodorants, lotions, creams, self-tanning sprays, and products for personal hygiene are using bag-on-valve technology. It eliminates the contact between propellant and product, it makes possible to dispense product in all positions. Manufacturers are also providing a sterilized bag-on-valve system to provide a sterile environment for cosmetic products, ensuring the safety of the product. Companies are also working on coming up with new methods of filling up the product in B.O.V. The bag-on-valve technology which was first originated in the cosmetic industry is moving towards the pharmaceutical industry. 

Global Bag-on-Valve Market to Grow with Advancements in Packaging Technologies

The demand within the global bag-on-valve market is slated to grow at a stellar pace in the times to follow. The use of the technology across high-end industries such as pharmaceutical packaging and cosmetics marketing has given an impetus to the growth of the global bag-on-valve market. There is little contention about the importance of seamless packaging in ye domain of marketing and promotions. Resilient and attractive packaging calls for improved designing and high utility for the product. This requirement can be fulfilled with the use of bag-on-valves across several packaging echelons. Therefore, it is safe to assert that the global bag-on-valve market would tread along a lucrative pathway in the times to follow.

Aerosol B.O.V. to Emerge as the Most Preferred Product in the Global Bag-on-valve Technology Market

Compared to the standard and non-spray B.O.V products, aerosol B.O.V. product is expected to be largely preferred product throughout the forecast period. By the end of 2024, aerosol B.O.V. is estimated to surpass US$ 300 Million in terms of revenue. Increasing number of pharmaceutical companies are producing spray products using aerosol B.O.V. The bag-on-valve includes rolled-up multi-layered pouch attached to the aerosol valve.