The Aerosol Can Market is likely to touch USD 7,644.6 million at a 6.5% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. Aerosol cans, put simply, are packaging products that includes the use of propellants with the mixture of contents or products of the packaging like paints, coatings, and deodorants which make a suspension of mixture and hence gives rise to aerosol particles in the packaging product. Such containers are mostly hand-held and safeguard the contents of the package against external conditions like protection from contamination and heat.
Various factors are fuelling the global aerosol can market share. As per the recent MRFR market estimates, such factors include reusability and recyclability of aerosol cans, growing need from end use industries like healthcare, food and beverage, and cosmetic and personal care, increasing disposable income, consumer’s change in lifestyle, product differentiation and presentation, growing demand for personal care products, rapidly increasing need for aerosol cans across developing countries, growing need for easy to use portable products in household sprays, increasing need of products like furniture cleaners, bug sprays, and mosquito repellents, rising modernization, rising RD activities, and increasing technological advances.
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On the contrary, environmental and health concerns resulting from disposal of aerosol cans, adverse effect of the COVID-19 pandemic due to lockdowns, restrictions, pausing of production units and manufacturing, and unavailability of labor, and the availability of alternatives in terms of price and packaging may limit the global aerosol market growth over the forecast period.
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.
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.
Top Market Participants
The top market participants profiled in the MRFR report are Al-Can Exports Pvt Ltd. (India), CPMC Holdings Ltd (China), Kian Joo Can Factory Berhad (Malaysia), Toyo Seikan Group Holdings, Ltd (Japan), Ardagh Group (Luxembourg), Ball Corporation (US), Crown Holdings Incorporated (US), Shanghai Sunhome Industrial Company (China), CCL Industries (Canada), Exal Corporation (US), to mention a few.
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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.
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