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Aerosol Packaging Market

Aerosol Packaging Market Forecasts to 2028 – Global Analysis By Product Type (Bottles, Cans, Jars), End User (Home Care, Lawn, Personal Care, Food and Beverages, Automotive, Industrial, Healthcare, Electronics), and By Geography

4.2 (41 reviews)
Published: July 2021 ID: SMRC20807
4.2 (41 reviews)
Published: July 2021 ID: SMRC20807

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aerosol Packaging Market is accounted for $1.99 billion in 2020 and is expected to reach $3.37 billion by 2028 growing at a CAGR of 6.8% during the forecast period. Some of the key factors propelling the market growth include growing utilization of personal care and grooming products including deodorants, hair sprays, and other related products among the young populace, growing usages of products such as hair spray, deodorants, and other by the young population across the globe, rising number of advancement in packaging technologies, and easy storage as well as containment of the aerosol. However, the volatile raw material cost and regulations regarding VOC emissions may hamper growth of the target market.

aerosol-packaging-fig-138.png

The aerosol may be defined as a disperse phase system in which liquid droplets or fine solid particles, in the air or another gas get dispersed. The aerosol packaging refers to storing the substance or ingredient to a specific pressure point and released as a fine spray through propellant gas. This packaging is majorly used for packaging of consumer goods including hair sprays, deodorants, and other related products. Aerosol packaging is also used for packaging of lubricant products which are used for automotive, agricultural application which turns in growth of the global market. Aerosol packaging allows manufacturers to aesthetically amplify the appearance of a product, making it attractive to consumers.

By material, the aluminum segment is expected to be the significant-growing segment during the forecast period, as it offers robust packaging and significantly enhances the aesthetic appeal of products. Aluminum is an environmentally friendly material and can be recycled multiple times. Aluminum holds the capacity of 100% recyclability and is easily available as a raw material. Also, aluminum is light in weight, corrosion resistance, and is easy to handle. These factors make it attractive for aerosol packaging. 

On the basis of geography, Asia-Pacific region is expected to hold the largest growth rate in the forecast period, due to a strong base of manufacturing industry. In addition, the availability of raw materials and labor at a competitive price is other factors anticipated to propel the target market growth in the region. Rapid urbanization, rising disposable income, and industrialization, along with increasing popularity of cosmetics and personal care products are some additional factors expected to fuel growth of the target market in the region. Governments of China and India have been focusing on promoting favourable investments, which is expected to create lucrative growth opportunities over the forecast period.

Some of the key players in Aerosol Packaging Market include Ball Corporation, CCL Industries Inc., Ardagh Group S.A., Akzo Nobel N.V., Nampak Limited, Berry Global, Inc., Crown Holdings, Inc., Aptar Group Inc., Honeywell International Inc., Precision Valve Corporation, Lindal Group Holding GmbH, Summit Packaging Systems, Inc., Aero pack Industries Inc., ArceloMittal Group, Bharat Containers Pvt. Ltd., TUBEX Group, and Coster Tecnologie Speciali S.p.A.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 1.99 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

6.8%

Predicted 2028 Value:

USD 3.37 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

423

Chapters Covered:

Material, Product Type, Propellant Type, Type, Volume, Cap Type, Distribution Channel, Can Type, End User and Region

Core Drivers and Opportunities:

  • Innovation in design as well as shape of aerosol packaging
  • Rising demand for aerosol packaging in the cosmetic and personal care industry
  • Easy storage as well as containment of the aerosol

Restraining Factors & Market Threats:

  • Volatility in prices of raw material
  • Excess use of aerosol products may cause allergic reactions and arise other severe health issues


 Materials Covered:
• Steel
• Aluminum
• Plastic
• Glass
• Coated Glass
• Metal

Product Types Covered:
• Bottles
• Cans
• Jars
• Cylinders

Propellant Types Covered:
• Liquefied Gas Aerosol Packaging
• Compressed Gas Aerosol Packaging

Types Covered:
• Refrigerated Liquid Creamers
• Shelf-Stable Creamers

Volumes Covered:
• More Than 500 ml
• 251 ml – 500 ml
• 100 ml – 250 ml
• Less Than 100 ml

Cap Types Covered:
• Trigger Sprayer
• Fine Mist Sprayer
• Actuators
• Dispensing Caps

Distribution Channels Covered:
• Convenience Stores
• Supermarkets/Hypermarkets

Can Types Covered:
• Shaped Wall
• Necked In
• Straight Wall

End Users Covered:
• Home Care/Household
• Pet Care
• Lawn and Garden
• Personal Care & Cosmetics
• Paints & Coatings
• Food and Beverages
• Hardware
• Agriculture
• Automotive
• Industrial
• Healthcare
• Electronics
• Other End Users (Pharmaceuticals)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea   
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Aerosol Packaging Market is majorly driven by growing number of advancement in packaging technologies, rising utilization of personal care and grooming products including hair sprays, deodorants, and other related products among the young populace.

The aluminum segment is growing at a highest CAGR owing to its properties such as light-weight, durability, corrosion resistance, 100% recyclability, and is easy to handle.

Asia Pacific dominated with a significant market share due to rapid urbanization, a strong base of manufacturing industry, growing popularity of cosmetics and personal care products, and the availability of raw materials and labor at a competitive price.

North America market is growing at a highest CAGR owing to rising spending on grooming products coupled with a high disposable income of the population and growing demand for personal care products.

Key players in Aerosol Packaging Market include Ball Corporation, CCL Industries Inc., Ardagh Group S.A., Akzo Nobel N.V., Nampak Limited, Berry Global, Inc., Crown Holdings, Inc., Aptar Group Inc., Honeywell International Inc., Precision Valve Corporation, Lindal Group Holding GmbH, Summit Packaging Systems, Inc., Aero pack Industries Inc., ArceloMittal Group, Bharat Containers Pvt. Ltd., TUBEX Group, and Coster Tecnologie Speciali S.p.A.

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