Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.2 Billion | USD 15.1 Billion | 11.1% | 2022 |
The global one-way degassing valve market size was evaluated at $10.2 billion in 2022 and is slated to hit $15.1 billion by the end of 2030 with a CAGR of nearly 11.1% between 2023 and 2030.
The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketspace. The one-way degassing valve industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the one-way degassing valve market report explores the investor and stakeholder space to help companies make data-driven decisions.
A one-way degassing valve is also referred to as a coffee valve. It helps coffee and ground coffee beans slowly release carbon dioxide & other volatile gases from the bag without any contact with the atmosphere. The product ensures that carbon dioxide discharged from the roast of coffee beans helps in preventing oxygen from entering the coffee bag as oxygen causes oxidation of coffee, thereby minimizing its taste and quality. This helps in the preservation of coffee from losing its freshness and aroma. The product was manufactured by Goglio S.p.A., a firm offering high barrier & flexible laminates in reels, valves, and spouts for food products.
The growing penetration of the product in food products to boost the global market trends
The surge in the use of the product in pasta, sauerkraut, brine olives, and cheese will steer the expansion of the one-way degassing valve market across the globe. Rising awareness about the safety and quality of food products is predicted to impel the growth of the market globally. A prominent increment in the use of a one-way degassing valve in fertilizers, coffee, pet food, and grass seeds will embellish the global market trends. Moreover, new product & technology launches will expedite the growth of the market across the globe. Escalating penetration of one-way degassing valves in medical equipment, pharmaceuticals, and biotechnology sectors will prop up the expansion of the global market.
A rise in the focus of the manufacturers to produce eco-friendly products will embellish the growth of the market across the globe. In April 2019, PLITEK®, a key U.S.-based player in the one-way degassing valve business, declared that it will launch a new oil-free one-way degassing valve. The initiative will expedite the scope of the growth of the global market. Humungous popularity of disposable products in a slew of applications due to their low maintenance needs and ease of disposal will embellish the global market surge.
Easy access to substitute products is predicted to hinder the expansion of the global industry
The easy availability of new substitutes will put brakes on the growth of the global one-way degassing valve industry. In March 2023, NuZee, Inc., a coffee & tea manufacturing firm based in the U.S., launched patented Japanese technology referred to as TiMELESS® in the countries such as Mexico and the U.S. Reportedly, the new technology is likely to reduce the demand for one-way plastic degassing valves utilized in the packaging of coffee and pet foods.
Moreover, growing labor costs and high costs of raw materials will further restrict the global industry surge.
Growing demand for vacuum packaging systems to open new facades of growth for the global market
Surging acceptance of vacuum packaging systems in a slew of end-use industries will open new growth opportunities for the global one-way degassing valve market. Apart from this, the launching of a completely compostable coffee packaging bag referred to as evalv® will open new growth avenues for the market across the globe. Technological breakthroughs have led to the massive popularity of the new one-way degassing valves as it improves the performance of the product, thereby shaping new growth horizons for the global market.
Stringent laws pertaining to GHG emissions to put a big challenge for the global industry over 2023-2030
Strict laws restricting the use of products emitting carbon materials for curbing the greenhouse effects on the environment have put up a big challenge in the growth path of the one-way degassing valve industry across the globe. In November 2022, the EU decided to reduce plastic & packaging waste in European countries by reducing the use of plastics in packaging. Such moves will put brakes on the use of one-way plastic degassing valves for packaging of coffee products, thereby proving to be a major challenge in the growth path of the global industry.
The global one-way degassing valve market is sectored type, application, and region.
In type terms, the global one-way degassing valve market is segregated into polyethylene (PE) check valve and polypropylene (PP) one-way degassing valve segments. In addition to this, the polyethylene (PE) check valve segment, which accrued more than 45% of the global market share in 2022, is slated to record the fastest CAGR in the forecasting timeline. The segmental growth in the forecasting years can be subject to the ability of the product in restricting the flow of gas in a single direction. Apart from this, the humungous demand for high-performing, as well as cost-efficient materials in a slew of industrial applications, will prop up the scope of the product in the upcoming years. On June 2023, ITC Limited, a key player in the packaging sector, introduced Engage L’amante Luxury Perfume Sprays with Bag on Valve technology. Such moves are likely to encourage polyethylene (PE) check valve manufacturers to launch innovative products.
On the basis of application, the one-way degassing valve industry across the globe is sectored into coffee, specialty powders & rock salt, pet foods, cheese, dry powder chemicals, and fertilizers & grass seeds segments. Furthermore, the coffee segment, which accrued a major share of the global industry in 2022, is slated to lead the segmental surge in the upcoming years. The segmental growth in the forecasting timeline can be owing to the escalating demand for fresh ground coffee across the globe. Additionally, coffee is one of the popular drinks in European countries and North America. Furthermore, the growing demand for one-way degassing valves in coffee packaging will steer the segmental surge.
Report Attributes | Report Details |
---|---|
Report Name | One-Way Degassing Valve Market Research Report |
Market Size in 2022 | USD 10.2 Billion |
Market Forecast in 2030 | USD 15.1 Billion |
Growth Rate | CAGR of 11.1% |
Number of Pages | 216 |
Key Companies Covered | Fres-co System USA, Chemvalve, WITT-GASETECHNIK GmbH & Co KG, Goglio S.p.A., TedPack, Flexis, Chemvalve, CCL Industries, NuZee Inc., Pacific Bag, PBFY Flexible Packaging, Swiss PAC, Plitek, Witt Gas, Amarama Engineers, Jordan Valves & Regulators, and Wojin Plastic Product Factory. |
Segments Covered | By Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North American One-Way Degassing Valve market to establish a dominant position over the forecast timeframe
North America, which amassed more than two-thirds of the global one-way degassing valve market revenue in 2022, is anticipated to record a notable surge over the projected timeline. The regional market expansion over 2023-2030 can be due to a prominent demand for check valves in farming applications in the countries such as the U.S. and Canada. Apart from this, escalating use of fertilizers and pesticides are a few of the key application domains of the valves. The surge in the number of food processing units and strict laws implemented by the U.S. FDA will scale up the expansion of the market in the region. Furthermore, in May 2018, Illycafe, an Italy-based roasting firm, recalled nearly 65,000 cans of coffee missing one-way degassing valves sold to the U.S. In addition to this, in October 2020, Tchibo, a European coffee brand, entered the U.S. market by announcing a distribution deal with Rainmaker Food Solutions, a U.S.-based distributor.
Furthermore, the one-way degassing valve industry in the Asia-Pacific zone is anticipated to register the highest CAGR in the assessment timeline. The factors that are likely to influence the growth of the regional industry include swift industrialization witnessed in the countries such as India, Japan, China, and Indonesia along with the environmental awareness witnessed in these countries.
The one-way degassing valve market profiles key players such as:
By Type
By Application
FrequentlyAsked Questions
A one-way degassing valve is also referred to as a coffee valve. It helps coffee and ground coffee beans slowly release carbon dioxide & other volatile gases from the bag without any contact with the atmosphere. The product ensures that carbon dioxide discharged from the roast of coffee beans helps in preventing oxygen from entering the coffee bag as oxygen causes oxidation of coffee, thereby minimizing its taste and quality.
The global one-way degassing valve market growth is owing to the surge in the use of the product in pasta, sauerkraut, brine olives, and cheese.
According to a study, the global one-way degassing valve market size was $10.2 billion in 2022 and is projected to reach $15.1 billion by the end of 2030.
The global one-way degassing valve market is anticipated to record a CAGR of nearly 11.1% from 2023 to 2030.
The Asia-Pacific one-way degassing valve market is set to register the fastest CAGR over the forecasting timeline subject to swift industrialization witnessed in the countries such as India, Japan, China, and Indonesia along with the environmental awareness witnessed in these countries.
The global one-way degassing valve market is led by industry players such Fres-co System USA, Chemvalve, WITT-GASETECHNIK GmbH & Co KG, Goglio S.p.A., TedPack, Flexis, Chemvalve, CCL Industries, NuZee, Inc., Pacific Bag, PBFY Flexible Packaging, Swiss PAC, Plitek, Witt Gas, Amarama Engineers, Jordan Valves & Regulators, and Wojin Plastic Product Factory.
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