CHICAGO, Oct. 12, 2023 /PRNewswire/ -- The report "Aerosol Cans Market by Material (Aluminium, Plastic), Product Type (1-piece cans, 3-piece cans), Type (Liquefied Gas, Compressed Gas), End-use Sector (Personal care, Healthcare, Household care), & Region-Global Forecast to 2028", size is estimated to be USD 11.2 billion in 2023, and it is projected to reach USD 13.6 billion by 2028 at a CAGR of 4.0%.
Rising population, improving living standards, and rising urbanization led to an increase in demand from end-use sectors such as personal care, household care, healthcare, automotive, and others, which drives the market of Aerosol Cans during the forecast period. Apart from this, technological advancements and increasing awareness towards sustainability also help in driving the market of Aerosol Cans during the forecast period. The availability of alternatives in terms of packaging and price is becoming the main restraining factor in this market. However, growing opportunities in emerging economies and the development of eco-friendly packaging provide lucrative opportunities for aerosol cans producers. Stringent government regulations are the major challenge of this market.
Browse in-depth TOC on "Aerosol Cans Market"
254 – Tables
50 – Figures
216 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48885732
By Material, Aluminum accounted for the largest share in 2022
The aluminum material segment held the largest market share in the global aerosol cans market throughout the forecast period. Aluminum is a highly favored material for packaging due to its extensive array of advantageous properties. It boasts attributes such as being lightweight, shatterproof, impermeable, flexible, corrosion-resistant, and recyclable. Aluminum aerosol cans effectively contain volatile components within the contents and maintain the product's integrity over an extended period, contributing significantly to its substantial market dominance in the global aerosol cans industry.
By Type, Liquefied Gas Propellant accounted for the largest share in 2022
The segment of liquefied gas propellant type held the dominant position in the global aerosol cans market for the duration of the forecast period. With liquefied gas propellants, the advantage lies in their ability to ensure a consistent pressure remains in the space above the product, even as the product level decreases. This unique feature contributes significantly to sustaining the spray's performance throughout the entire lifespan of the aerosol can, thereby underpinning the substantial market share of liquefied gas propellants.
By Product Type, 1-piece aerosol cans accounted for the largest share in 2022
Within the global aerosol cans market, the 1-piece aerosol cans product type segment secured the largest market share throughout the forecast period. This segment is experiencing an upward trajectory in its growth due to the array of benefits it provides. These advantages encompass leak-proof, airtight, and lightweight properties, the capacity to withstand elevated pressures, resistance to corrosion and heat, as well as the seamless and unbreakable nature of the cans.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=48885732
By End-use Sector, Personal Care accounted for the largest share in 2022.
During the forecast period, the personal care end-use sector segment took the lead in the global aerosol cans market. Within the personal care end-use sector, aerosol cans play a crucial role in packaging various products, including deodorants, facial and body creams, shaving foams, and perfumes. The growing disposable income in emerging economies has led to increased spending on personal care products, which, in turn, has fueled the growth of the aerosol cans market.
Asia Pacific is the fastest-growing market for the Aerosol Cans market
Asia Pacific is the fastest-growing market during the forecast period. The robust growth of the aerosol cans market in the APAC region can be attributed to multiple factors, including the rising disposable income levels in developing economies like China and India. Key drivers encompass industrialization, the expansion of the convenience food industry, increased manufacturing activities, elevated disposable incomes, heightened consumption levels, and a surge in retail sales. Furthermore, heightened spending on packaged foods and beauty care products has contributed to the escalating demand for aerosol cans within the region.
The Aerosol Cans chemicals market comprises major players such Ball Corporation (US), Trivium Packaging (Netherlands), Crown (US), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), Nampak Ltd. (South Africa), CCL Container (US), Colep Packaging (Portugal), CPMC Holdings Ltd. (China), and Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd.(China). Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Aerosol Cans market.
Browse Adjacent Market: Packaging Market Research Reports & Consulting
Related Reports:
Aerosol Valves Market - Global Forecast to 2022
Aerosol Propellant Market - Global Forecast to 2020
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/aerosol-cans-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/aerosol-cans.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO36556&Transmission_Id=202310120430PR_NEWS_USPR_____IO36556&DateId=20231012)
Share this article