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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Aerosol Cans Market: By Material Type ), By Product Type, By Propellant type, By End-User and Geography
Aerosol Cans Market: By Material Type ), By Product Type, By Propellant type, By End-User and Geography
Aerosol Cans Market size was valued at US$ 12,604.3 million in 2023 and is poised to grow at a CAGR of 4.1% over 2024-2030. Aerosol cans are versatile packaging solutions designed to store and dispense various products, ranging from personal care items, household cleaners, and automotive products to paints, insecticides, and food products. Aerosol cans consist of a pressurized container that holds the product, a valve mechanism, and a propellant, allowing the contents to be sprayed as a fine mist or foam when the valve is activated. The aerosol cans market is strongly driven by the factors of convenience and portability, which significantly influence consumer preferences and demand. These attributes cater to modern lifestyles characterized by on-the-go routines and the need for quick, efficient solutions. The ease of use provided by aerosol cans, with their simple press-and-spray mechanism, allows for quick and precise application of various products. The reduced mess, ease of transportation, and accessibility they offer further enhance their appeal.
Moreover, the burgeoning personal care industry plays a pivotal role in driving the sales of aerosol cans due to their integral use in packaging and dispensing a wide array of personal care products. From deodorants and hairsprays to cosmetics and body sprays, aerosol cans offer a convenient and efficient means of delivering these products to consumers. Furthermore, the portability of these cans meets the needs of consumers seeking products for on-the-go touch-ups and regular use throughout the day. Traditional aerosol cans release VOCs into the atmosphere, causing environmental pollution when they interact with nitrogen oxides and form ground-level ozone. This concern hinders the aerosol cans market. Meanwhile, research and development into novel propellant technologies that have minimal environmental impact can enhance the aerosol cans market's attractiveness. Key manufacturers are developing innovative solutions to cater to the various end-use industries. For example, in June 2022, Ball Corporation launched a new, low-carbon footprint aluminum aerosol can.
Study Period
2024-2030Base Year
2023CAGR
4.10%Largest Market
EuropeFastest Growing Market
North America
Aerosol cans is mainly characterized by light weight, unbreakable and easy to hold properties, recycled endlessly without any loss of quality. Rapidly growing demand for personal product such as shaving foam, deodorants and hair spray key players are concentrating on packaging format. Additional, Aerosol packaging as the increased its value from just being esthetics to the value making to the product for storage, transportation, and ease of use. Aluminium based aerosol cans are gaining increased attention in manufacturing industries due to their excellent properties like unbreakable, nontoxic, light weight, 100% recyclable material without losing its quality. Moreover these are also used for painting and fire extinguishers etc. Increasing in the fresh and innovative technology will boost the market growth.
Europe accounted for larger revenue share in global aerosol cans market with on side able CAGR. The growth in this region can be attributed to rising in awareness to decrease the packaging waste. U.K market is expected to grow at significant rate as they produce more number of personal care product. Moreover, France and Spain favorably to shifting fashion trends and accepted the format of aerosol cans packaging. Therefore, the growth of consumers is expected to boost the demand for aerosol cans. The emerging economies such as U.S and Canada and others regional countries is estimated to witness the fastest progress in the future.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 12,604.3 million |
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Market CAGR |
4.10% |
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By Material Type |
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By Product Type |
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By Propellant Type |
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By End User |
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The aerosol cans market size was valued at US$ 12,604.3 million in 2023
The development of sustainable packaging solutions and innovation in propellant technologies are some of the major trends in the aerosol cans market.
Growing demand from the personal care market and convenience and hygiene focus are some of the key opportunities for companies to enhance their revenue over the forecast years.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.