Aerosol Cans Market Size Worth $13.21 Billion By 2028 | CAGR: 3.8%
The global aerosol cans market size is expected to reach USD 13.21 billion by 2028 according to a new study by Polaris Market research. The report “Aerosol Cans Market Share, Size, Trends, Industry Analysis Report, By Material (Aluminum, Steel, Plastic); By End-Use (Personal Care, Household Care, Automotive, Healthcare); By Type; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Personal care industries across the globe are booming accounted for increasing disposable income among the working class, product benefits, and customer targeting by several players according to their needs and better consumer reach through e-commerce. This is anticipated to boost the demand over the forecast period.
Plastic aerosol cans packaging is expected to witness demand owing to its use in several applications such as air fresheners, sun care products, edible oils, sanitizing spray, furniture polish, etc. It aids in reducing fossil fuel consumption, greenhouse gases, and water usage, thus have promising potentials.
The household care segment has significant growth opportunities in the coming years accounted for the growing demand for products such as bug spray, mosquito repellents, and furniture cleaners. Consumers are shifting towards easy-to-use anti-bug sprays which are expected to increase the demand for aerosol cans in the forecast period.
Europe is projected to registered growth in the coming years accounted for the developed economies with industries shift towards reducing packaged waste and forming a sustainable ecosystem in the manufacturing and packaging sector. Consumer adoptions for innovative personal care products are expected to drive the industry in the forecast period.
Key players operating in the global market for aerosol cans are Ball Corporation (US), Trivium Packaging (US), Crown Holding (US), Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd. (China), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), CCL Container (US), Nampak Ltd. (South Africa), CPMC Holdings Ltd. (China), Colep (Portugal), etc.
Major market players are entering into partnerships, forming mergers, innovating high-end products, and investing in R&D to increase reach and capture larger market share. On the 22nd of April 2021, Mauser Packaging Solutions acquired Global Tank SRL by a joint venture with NCG maider in Italy to expand in the region.
Where is the Aerosol Cans Market Headed?
According to our study on the aerosol cans industry, rising demand for personal care products such as hair sprays, face and body creams, and attractive presentations will create lucrative opportunities during the forecast period. Based on end use, the household care segment will have significant opportunities in the coming years. The growing demand for products such as bug spray, mosquito repellents, and furniture cleaners will fuel the segment growth. According to geographical analysis, the Asia Pacific aerosol cans market is projected to register significant growth in the coming years. Rapid industrialization in India and China and the expansion of industries from local markets to the global consumer base will drive the regional market expansion in the future.
What Does the Aerosol Cans Report Reveal?
- What is the global market size, opportunities, emerging trends, and CAGR for the market through 2028?
- Which factors are contributing to the industry's expansion?
- Who are the key industry players, and what is their relative position in terms of competitive positioning?
- How do different types, such as liquefied gas propellant and compressed gas propellant, influence the market landscape?
- How does the market differ in terms of material, type, end-use industry, and geography, and which is the leading end-use industry?
- What are the key trends in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa?
- Where do new opportunities arise in the market?
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Polaris Market research has segmented the aerosol cans market report on the basis of material, type, end-use industry, and region:
Aerosol Cans, Material Outlook (Revenue - USD Million, 2016 - 2028)
- Aluminum
- Steel
- Plastic
- Others
Aerosol Cans, Type Outlook (Revenue - USD Million, 2016 - 2028)
- Liquefied Gas Propellant
- Compressed Gas Propellant
Aerosol Cans, End-Use Outlook (Revenue - USD Million, 2016 - 2028)
- Personal Care
- Household Care
- Automotive
- Healthcare
- Others
Aerosol Cans, Regional Outlook (Revenue - USD Million, 2016 - 2028)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
