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Global Bag on Valve Technology Market Restraints and Key Players

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Ben Wood
Global Bag on Valve Technology Market Restraints and Key Players

BOV technology offers a regulated dosing mechanism in addition to safeguarding the product against contamination. Hence, it is anticipated that rising BOV demand from the pharmaceutical industry would fuel market expansion.


The pharmaceutical industry, in particular, has been a key contributor to the growth of the BOV technology market, with many drug manufacturers adopting BOV technology to package their products. BOV packaging is an ideal solution for pharmaceutical products such as inhalers, wound care products, and other medical devices as it provides excellent protection against contamination, oxidation, and moisture. 


Based on geography, Europe led the world market for bag-on-valve technology in 2018, with a 33% share in terms of value, followed by North America and Asia Pacific.


The following companies are the major players in the global bag on valve technology market: Coster Tecnologie Speciali S.p.A., AptarGroup, Inc., LINDAL Group Holding GmbH, Precision Valve Corporation, KOH-I-NOOR Mlada Vozice a.s, Exal Corporation, TOYO & DEUTSCHE AEROSOL GMBH, Summit Packaging System, Inc., Chicago Aerosol LLC, and Shanghai Golden Aerosol Co., Ltd.


The personal care industry is another key player in the BOV technology market. The BOV packaging system is widely used for packaging personal care products such as hairsprays, deodorants, and other aerosol-based products. BOV packaging offers numerous benefits for the personal care industry, such as improved product dispensing, longer shelf-life, and reduced risk of contamination. In addition, BOV packaging is also a more cost-effective solution compared to other packaging methods such as aluminum cans or plastic bottles.


Read More:

https://knackersblogger.blogspot.com/2023/03/bag-on-valve-technology-market-size.html


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