The ‘Global Aerosol Cans Market Growth, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global aerosol cans market, assessing the market on the basis of its segments like material type, end-use, and major regions.
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 4%
|Growth Rate CAGR
|Ball Corporation, Crown Holdings, Inc., Exal Corporation, CCL Container, Can-Pack S.A., and BWAY Corporation (Mauser Packaging Solutions Holding Company), among others.
The global aerosol cans market is expected to witness growth during the forecast period on account of the recyclability of aerosol cans. The increase in disposable incomes around the world are predicted to stimulate the sales of the personal care industry. Moreover, the launch of packaging steel enables its application in aerosol can production. Haircare, fragrances, and skincare are likely to be noticeable categories of products utilising aerosol cans.
Spray paints are being adopted at a rapid rate for home décor and personalisation purposes, due to the ease of application offered as compared to traditional paint brushes and applicators. In addition, aerosol cans are extensively used within houses for disinfection, cleaning, and fragrance purposes. Healthcare sector is a major end user for aerosol cans, in the form of inhalers, anesthetic preparations, and disinfectants, as aerosol cans are fast, saving time in healthcare applications.
The three-sixty-degree flexibility of aerosol cans as well as less utilisation for relative area coverage is driving the market growth. With properties of aerosol cans like their portability, lightweight, and ease of usage, the market demand for aerosol cans is likely to escalate across the globe. However, the accessibility of alternatives for packaging coupled with strict government regulations limits the growth of the aerosol cans market.
Aerosol Cans Industry Definition and Major Segments
An aerosol can is a type of self-contained dispensing system that consists of a small metal canister that has a substance stored inside it which is pressurised. The contents are released in the form of a spray, foam, or a fine mist. Its major components are the active ingredient, solvent, propellant, cans, and valve which work together to provide consistent performance.
Based on material type, the market is segmented into:
• Tin Plate
By end-use, the market is classified into:
• Personal Care
• Household Care
• Paints and Varnishes
Based on region, the market is divided into:
• North America
• Latin America
• Asia Pacific
• Middle East and Africa
Aerosol Cans Market Trends
The rising focus on lowering packaging waste is expected to increase market demand for aerosol cans. The cost-effectiveness of aerosol cans, reduced wastage, and improved shelf life are also driving the market growth. Innovations are entering into the market as the demand for aerosol cans is soaring. The continuous expansion of aerosol cans in personal care, primarily owing to their use in antiperspirants/deodorants, shaving gels, and hair mousses, is boosting the market growth.
The Asia Pacific region is anticipated to drive the aerosol cans market growth on account of increasing consumer income, growth of the convenience food industry, and advanced manufacturing activity, which are supporting the market for aerosol cans.
Meanwhile, Europe is anticipated to gain momentum in the aerosol cans market over the coming years growth on account of the growing personal care industry. The increase in painting personalisation of automobiles in the region is likely to fuel the market growth of aerosol cans over the coming years.
Key Market Players
The major players in the global aerosol cans market report are:
- Ball Corporation
- Crown Holdings, Inc.
- Exal Corporation
- CCL Container
- Can-Pack S.A.
- BWAY Corporation (Mauser Packaging Solutions Holding Company)
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players. The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.