Global Degassing Valves Market Size study, by Product Type (Filter Integrated, Non-filter Integrated) by Material (PE Valves, PP Valves, Bio-based, Silicone) by Packaging Format (Bags, Pouches) by end use industries (Coffee, Dairy, Pet Food, Fermented Food) and Regional Forecasts 2022-2028Global Degassing Valves Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. A degassing valve refers to a one-way vent that allows coffee beans and ground coffee to slowly release carbon dioxide (CO2) and other volatile gases from the packaging, without coming into contact with the outside air. Growing demand for Flexible Packaging Solutions and rising non-alcoholic beverages Sector are key drivers for the growth of Degassing Valves market. For instance, according to global database management company Statista- as of 2022, revenue in the Non-Alcoholic Drinks market estimated at USD 1.34 trillion. The market is expected to grow annually by 5.57% and would reach to USD 1.6 trillion by the year 2026. Also, with the increasing applications from end use verticals and growing per capita income in emerging economies, the adoption & demand for Degassing Valves is likely to increase the market growth during the forecast period. However, premium pricing of Degassing Valves impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Degassing Valves market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to Increasing consumption and sales of coffee in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising consumption of coffee among millennials and increasing import and export of coffee products in the region would create lucrative growth prospects for the Degassing Valves market across Asia-Pacific region.
Major market player included in this report are:
CCL Industries
Syntegon Technology GmbH
FLAIR Flexible Packaging Corporation
Goglio SpA
Amcor plc
Plitek Valves Inc
TricorBraun Flex
Wipf Holding AG
Tungyi Hardware Co., Ltd
Fres-co System USA.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Filter Integrated
Non-filter Integrated
By Material:
PE Valves
PP Valves
Bio-based
Silicone
By Packaging Format:
Bags
Pouches
By End Use Industries:
Coffee
Dairy
Pet Food
Fermented Food
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Degassing Valves Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
CCL Industries
Syntegon Technology GmbH
FLAIR Flexible Packaging Corporation
Goglio SpA
Amcor plc
Plitek Valves Inc
TricorBraun Flex
Wipf Holding AG
Tungyi Hardware Co., Ltd
Fres-co System USA.