Bag on valve technology is a cutting-edge packaging system that prevents product contamination. It is a superb dispensing system with numerous applications in the pharmaceutical, cosmetic, occupational safety, and food industries. This technology reduces product waste and ensures that the product is used to the last drop. Furthermore, because of airless packaging methods, this technology offers minimal or zero contamination by acting as a barrier between oxygen and product, preserving the fragrance and colour of the product.
Aluminum, tin plate, steel, and plastic are the most common container materials used in bag on valve technology, and cosmetics and personal care, pharmaceuticals, home care, food and beverages, and automotive and industrial are some of the major end-user industries.
Drivers
Demand for bag-on-valve technology from the cosmetic industry and a thriving cosmetic industry globally are expected to drive market growth over the forecast period. Cosmetic products such as lotions, shaving creams, gels, and so on are packaged using bag on valve technology. According to the Cosmetics Europe Personal Care Association, the European cosmetics and personal care market is the largest in the world, with a retail sales price of US$ 84.8 billion in 2018. As a result, the growing cosmetic industry is expected to boost the market growth of bag on valve technology over the forecast period.
Market Trends
The rising trend of manufacturers launching an innovative packaging solution in terms of bag-on-valve technology is expected to boost market growth over the forecast period. Aptar Pharma, for example, launched new market innovations in inhalation drug delivery for the Chinese market in May 2018 as respiratory solutions designed to help combat the effects of air pollution. Furthermore, the company has demonstrated its bag on valve (BOV) technology, which includes a wide range of advanced preservative-free dispensing systems for dermal, eye care, and nasal drug delivery routes, providing pharmaceutical professionals with flexibility and performance.
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