The global Aerosol Actuators market is forecasted to reach USD 1,587.5 Million by 2027, according to a new report by Reports and Data. The market is distinguished by the involvement of various companies engaged in the manufacturing of high volume actuators. The growing prevalence of respiratory diseases, like asthma, especially in developed countries, is projected to drive the market for aerosol inhalers worldwide. The rising usage of relief sprays by physiotherapists and players in sports for on-field injuries treatment is anticipated to drive the aerosol demand in healthcare applications, thus driving the market growth of actuators.
The increased usage of personal grooming products due to growing inclination towards personal care and appearance is a significant factor in propelling market growth. Increasing aerosol actuators’ usage in nasal sprays, therapeutic lotion dispensers, and other easy-to-use prescription items is projected to fuel the demand for aerosol actuators in the upcoming years. Technological advancements in the design and development of actuators for improving product aesthetics and ease of usage have resulted in increased product demand, e.g., the factories in China import low-cost raw materials from the industries in the market.
Key industry players are engaged in producing personalized and regular actuators supplied via a dedicated supply chain connectivity leading aerosol producers and fillers. The majority of the company’s large-scale production runs the industry by direct partnerships with leading aerosol manufacturers. With the growing demand for respiratory devices and asthma inhalers, the industry has experienced strong demand for dose actuators in the healthcare sector over the last few years.
Key participants include Lindal Group, Aptar Group, Coster Group, Mitani Valve Co. Ltd., Summit Packaging Systems, Presspart Manufacturing Ltd., Precision Valve Corporation, E C Pack Industrial Ltd., Ultramotive Corporation, and Newman-Green Inc., among others.
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The COVID-19 impact:
As the COVID-19 crisis is rising, producers are rapidly changing their activities and purchasing strategies to meet the demands of a pandemic that has developed the need for Aerosol Actuators based on the market. A sequence of positive as well as negative shocks will arise over a few months as producers and their vendors adapt to changing customer demands. Many regions look vulnerable to export-dependent economies, with an unfortunate global situation. The impact of this pandemic will reshape the global Aerosol Actuators markets when certain manufacturers either close down or decrease their production due to a lack of downstream demand. Some nations have their production suspended by their respective governments as a precautionary measure to combat the spread of the virus. Business dynamics in Asia Pacific regions have become very unpredictable in these cases, weakening regularly and finding it impossible to stable themselves.
For the purpose of this report, Reports and Data have segmented into the global Aerosol Actuators market on the basis of Product, Type, application, and region:
Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Regional Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Further key findings from the report suggest
Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Indicative Metrics Chapter 4. Aerosol Actuators Market Segmentation & Impact Analysis 4.1. Aerosol Actuators Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing consumption of aerosol-based household & personal care products 4.2.2.2. Minimal human contact during product dispensing 4.2.2.3. Increased occurrence of respiratory disorders including asthma 4.2.3. Market restraints analysis 4.2.3.1. High volatility in the raw material price 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis 4.9. Customer Mapping 4.10. Covid-19 Impact Analysis 4.11. Global Recession Influence
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