The market for aerosol cans is extensive and covers a wide range of industries, including personal care, household cleaning, automotive, and industrial products. The global aerosol cans market is expected to grow due to the increasing demand for convenient and easy-to-use products, as well as the growing demand for eco-friendly packaging solutions. The market is also influenced by factors such as technological advancements in aerosol can production, increasing consumer awareness, and changing consumer preferences. Key players in the market include Crown Holdings, Ball Corporation, and Rexam, among others.
What is the projected market size & growth rate of the Aerosol Cans Market?
The Aerosol Cans Market is projected to reach USD 12.2 billion by 2026, with an expected CAGR of 3.7% between 2021 and 2026. The aerosol cans market size is projected to grow from USD 10.2 billion in 2021 to USD 12.2 billion by 2026, at a CAGR of 3.7%. The aerosol cans market is witnessing growing demand from end-use industries such as personal care, household care, automotive, healthcare, and others. The market research report indicates a point-wise outline of market share, market size, aerosol cans market growth industry partakers, and regional landscape along with statistics, diagrams, and charts elucidating various noteworthy parameters of the industry landscape.
Aerosol can is a self dispensing pressurized packaging form, with a permanently attached continuous or metering valve that dispenses the required product formulation in the form of aerosol sprays, streams, gels, foams, lotions or gases, as the contents are introduced and contained in the cans under high pressure and are released with the help of a valve that forces them out through a small orifice.
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Aerosol Cans Market Key Players
The aerosol cans market has thousands of companies which thrive in their domestic as well as global market. A few of the major manufacturers are Ball Corporation (US), Trivium Packaging (US), Crown (US), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), Nampak Ltd. (South Africa) CCL Container (US), Colep (Portugal), CPMC Holdings Ltd. (China), Guangdong Sihai Iron-Printing and Tin-Making Co.,Ltd. (China), amongst others. These players have adopted various growth strategies, such as acquisitions, expansions, new product developments, and partnerships/collaborations/agreements to increase their market shares and enhance their product portfolios.
The key driving factors for the growth of the Aerosol Cans Market are:
- Increased demand for convenience and easy-to-use products
- Growing popularity of aerosol packaging in various end-use industries, such as personal care, household, and automotive
- Advances in technology leading to improved product performance and cost-effectiveness
- Increased demand for eco-friendly packaging options
- Growing demand for portable and compact packaging solutions in emerging markets
- Rising awareness about the benefits of aerosol packaging, such as controlled dispensing and improved shelf life.
Aluminum material segment accounted for the largest share in the global aerosol cans market during the forecast period. Aluminum is one of the most preferred materials for packaging due to its wide range of properties. It is lightweight, shatterproof, impermeable, flexible in nature, corrosion-resistant, and recyclable. Aluminum aerosol cans prevent high volatile constituents of the contents from escaping and preserve the contents for a long time. These factors attributes to the large market share of aluminum in global aerosol cans market.
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Liquefied Gas Propellant is the largest type segment of the aerosol cans market.
Liquefied Gas Propellant type segment accounted for the largest share in the global aerosol cans market during the forecast period. In case of liquefied gas propellant, even when the product level drops, more propellant evaporates to maintain a continuous pressure in the space above the product. This helps to maintain the performance of the spray throughout the lifespan of the aerosol can. This attributes to the large market share of liquefied gas propellant.
1 piece aerosol cans is the largest product type segment of the aerosol cans market.
1 piece aerosol cans product type segment accounted for the largest share in the global aerosol cans market during the forecast period. This segment is witnessing growth due to the advantages it offers, such as it is leak, light & air proof, can sustain higher pressures, is unbreakable, resistant to corrosion and heat, and seamless.
Personal Care is the largest end-use sector segment of the aerosol cans market.
The personal care end-use sector segment accounted for the largest share in the global aerosol cans market during the forecast period. For the personal care end-use sector, aerosol cans are used for the packaging of different products such as deodorants, face & body creams, shaving foams, and perfumes. The increasing disposable income of people in developing economies allows them to spend more on personal care products, thereby helping the aerosol cans market to grow.
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APAC is the fastest-growing market for aerosol cans market.
APAC is projected to be the fastest growing market for aerosol cans during the forecast period and is projected to register the highest CAGR among all the regions. The growth in aerosol cans market in APAC region is attributed to increasing disposable income in the developing economies such as China and India. Key factors such as industrialization, growth of the convenience food industry, rise in manufacturing activities, increase in disposable income, rise in consumption level, and the growth in retail sales have contributed to the growth of the aerosol cans market during the forecast period in the region. Moreover, the spending on packed food and beauty care has increased, which is driving the demand for aerosol cans in the region.
Table of Contents:
- Executive Summary
- Scope/opportunities of the Aerosol Cans Market Report
- Research Methodology
- Aerosol Cans Market Landscape
- SWOT Analysis
- Market Sizing
- Aerosol Cans Market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Aerosol Cans Market Key Trends
- Players Landscape
- Players Analysis
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