Global Market Scope
Market Research Future (MRFR) expects the aerosol can market 2020 to touch a valuation of USD 7,644.6 million by 2025-end. The market is also projected to attain a CAGR of 4.27% during the review period (2019 to 2025).
The aerosols are known as the colloidal systems that help the collision of either solid or liquid particles suspended freely in gas. There is a huge variety of applications available as a part of the aerosol can market that is inclusive of individual care, industrial, food, and paints, medical and automotive sectors, apart from the household one
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Primary Drivers and Top Challenges
A noteworthy growth booster in the aerosol can market includes the surge in the modern retail formats. The upward trajectory of the modern retail has prompted the FMCG companies to concentrate more on the packaging format, in an attempt to expand their customer reach within the restricted shelf space. Another equally important factor that induces market growth is the easy portability of aerosol cans give their light weight, easy to hold and unbreakable properties during the transport.
The recyclable nature of aerosol cans also add to its appeal among end-users and consumers in the market. The rapidly increasing demand for aluminum aerosol cans is touted to be a prevalent trend among manufacturers in the aerosol cans market during the estimation period.
With the surging disposable income of people across the emerging regions and the subsequent increase in their purchasing power has also led to substantial market growth. More and more companies are now compelled to indulge in activities like research and development along with technological advancements to achieve a better position in the aerosol cans market.
Market Segmentation
The market for aerosol cans has been exhaustively researched and the primary segments listed in the report are material, product type, propellant type and application.
The different types of materials based on which the aerosol can market has been segmented include plastic, steel, aluminum, and others. Between these, the aluminum segment leads the market, thanks to the material’s rising use in the personal care industry.
The product types enlisted in the report are necked-in, shaped and straight wall. The largest share in the market belongs to the straight-wall segment because of the rapidly mounting demand generated in the beauty and personal care sector.
Various propellant types are liquefied gas propellant as well as compressed gas propellant, with liquefied gas propellant recognized as the top segment in the market.
The primary applications of aerosol cans are industrial, personal care, automotive, pharmaceutical, and more. Personal care industry has forged ahead of other application-based segments in the aerosol can market, thanks to the increasing focus on personal hygiene as well as beautification. The application areas of aerosol cans in the industry include foams & gels, hair care, deodorants & antiperspirants, skin care products and gel toothpaste.
Regional Analysis
By region, the global aerosol can market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, Europe will be driving force in the market over the forecast period. The region being the leading producer of aerosol cans, increasing need from the personal care industry, high demand for cosmetics, increased growth of the fragrance industry, and increasing purchasing power of consumers are adding to the global aerosol can market growth in the region.
In the APAC region, the global aerosol can market is predicted to have promising growth over the forecast period for the governments in China and India giving a push to favorable investments.
In North America, the global aerosol can market is predicted to have healthy growth over the forecast period. The developed economies of US and the growing adoption in different end use industries such as healthcare, automotive, and personal care are adding to the global aerosol can market growth in the region.
In the RoW, the global aerosol can market is predicted to have notable growth over the forecast period for the population spending a good amount on hair care products and skincare regimes.
The notable players profiled in the global aerosol can market report include AkzoNobel N.V., Crabtree & Evelyn, Ltd, Thymes, LLC, S. C. Johnson & Son, Inc., Reckitt Benckiser Group plc, Henkel AG, Unilever PLC, Proctor & Gamble, Nussbaum Matzingen AG, TUBEX GmbH, Presspart GmbH & Co. KG, Exal Corporation, CPMC Holdings Ltd., Kian Joo Can Factory, Crown Holdings Inc., and The Ardagh Group, among others.
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Industry Updates
April 2021- LINDAL Group has launched its 3D Aerosol Configurator that will offer customers access to a suite of design and editing tools for creating 3D aerosol packaging. This tool will enable customers in selecting any overcaps and standard actuators of the company with the commonly used aerosol cans.
Read more related insights:
https://www.marketwatch.com/press-release/aerosol-can-market-synopsis-and-highlights-key-findings-major-companies-analysis-and-forecast-to-2027-2021-08-18 https://medium.com/@gazalsharma1993/aerosol-can-market-rapid-growth-dynamic-forecast-to-2027-1f6a1eb6d8ef https://onlinebeststor.com/aerosol-can-market-2021-industry-size-share-trends-growth-analysis-development-status-top-companies-competitive-landscape-and-forecast-by-2023/amp/ https://articles.abilogic.com/372742/aerosol-market-size-share-analysis.html https://marketresearchglobal.wordpress.com/2019/06/07/aerosol-can-market-sales-revenue-worldwide-analysis-competitive-landscape-future-trends-industry-size-and-regional-forecast-to-2022/ https://www.aggregateresearch.com/qanda/question/aerosol-can-market-2021-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2027?tab=answers&sort=oldest#sabai-inline-content-answers
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