The latest market report published by Constancy Researchers “Global Bag-on-Valve (BoV) Aerosol Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Bag-on-Valve (BoV) Aerosol Market: Overview
The global bag-on-valve (BoV) aerosol market was valued at US$ XX Million in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global bag-on-valve (BoV) aerosol market is anticipated to witness lucrative growth in the years to come due to the rapid industrialization in the emerging economies across the globe along with the rising demand for bag-on-valve (BoV) aerosol from the personal care sector. Furthermore, the growing urbanization and enhanced demand for bag-on-valve (BoV) aerosol in the automotive industry are some other key factors for the growth of the bag-on-valve (BoV) aerosol market during the forecast period. Moreover, the emergence of new technologies coupled with increased demand for eco-friendly products are some of the key opportunities for the global bag-on-valve (BoV) aerosol market over the upcoming years. Besides, the volatile raw material cost is one of the key factors estimated to hamper the global bag-on-valve (BoV) aerosol market growth in the years to come.
Global Bag-on-Valve (BoV) Aerosol Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global bag-on-valve (BoV) aerosol market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global bag-on-valve (BoV) aerosol market, the demand for bag-on-valve (BoV) aerosol has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
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Global Bag-on-Valve (BoV) Aerosol Market: Report Highlights
- Based on material, the aluminum category had a major share in the global aerosol market in 2020 and is presumed to continue its dominance over the forecast period. The growing demand for aluminum from the packing industry is the key factor for its dominance.
- On the basis of application, in the bag-on-valve (BoV) aerosol market, the personal care category had a major share in the global market in 2020 and is estimated to continue its dominance over the forecast period. Besides, the household category is estimated to witness substantial growth during the forecast period.
- Based on the regional analysis, Europe dominated the market in 2020 and is projected to witness substantial growth over the upcoming years. This is majorly due to Europe being the leader in producing bag-on-valve (BoV) aerosol along with the rapid growth of the fragrance industry in the region. On the other flip, Asia Pacific is estimated to witness lucrative growth during the forecast period owing to the rising personal care industry in the region and growing urban population in the emerging economies.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global bag-on-valve (BoV) aerosol market.
- As per the research by Constancy Researchers Private Limited, the global bag-on-valve (BoV) aerosol market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Bag-on-Valve (BoV) Aerosol Market
- Henkel
- Reckitt Benckiser
- C. Johnson & Son Inc.
- Protector & Gamble
- Unilever
- Crabtree & Evelyn
- Akzo Nobel N.V.
- Beiersdorf AG
- Estee Lauder
- Oriflame Cosmetics S.A.
- Others
Global Bag-on-Valve (BoV) Aerosol Market: Segmentation
Constancy Researchers Private Limited has segmented the global bag-on-valve (BoV) aerosol market on the basis of material, product type, propellant type, application, and regional analysis-
Global Bag-on-Valve (BoV) Aerosol Market: By Material
- Steel
- Aluminum
- Plastic
- Glass
Global Bag-on-Valve (BoV) Aerosol Market: By Product Type
- Dimethyl Ether (DME)
- Hydrocarbons
- Nitrous Oxide & Carbon Dioxide
Global Bag-on-Valve (BoV) Aerosol Market: By Propellant Type
- Liquified Gas
- Compressed Gas
GlobalBag-on-Valve (BoV) Aerosol Market: By Application
- Personal Care
- Household
- Automotive & Industrial
- Food
- Paints
- Medical
- Others
Global Bag-on-Valve (BoV) Aerosol Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
