Aerosol Cans Market By Product Type (Straight Wall Aerosol Cans, Necked-In Aerosol Cans, Shaped Aerosol Cans), Material (Aluminum, Steel, Plastic), Propellant (Compressed Gas Propellant, Liquefied Gas Propellant), Capacity (<100ml, 100-250 ml), Application (Personal Care Products, Household Products
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Aerosol Cans Market By Product Type (Straight Wall Aerosol Cans, Necked-In Aerosol Cans, Shaped Aerosol Cans), Material (Aluminum, Steel, Plastic), Propellant (Compressed Gas Propellant, Liquefied Gas Propellant), Capacity (<100ml, 100-250 ml), Application (Personal Care Products, Household Products
Aerosol Cans Market Valuation – 2024-2031
Aerosol Cans Market value at USD 6 Billion in 2023. The demand for aerosol cans, which are used to package products like hair sprays, deodorants, body sprays, and shaving foams, is fueling as a result of the expansion of personal care and beauty sector. Thus, the consumer lifestyles and tastes is enabling the Aerosol Cans Market gain momentum owing to its visual attractiveness and reach USD 13 Billion by 2031, witnessing growth at a (CAGR) of 13.47% from 2024 to 2031.
Aerosol Cans MarketDefinition/ Overview
An aerosol can is a type of container that holds liquid or fine particles, typically under pressure, which can be released as a spray or mist when the valve is activated. These cans are commonly used for packaging products such as hairspray, deodorant, paint, and household cleaners.
The cans are manufactured with materials that are easy to recycle, and consumers can conveniently dispose of them in recycling programs. This eco-friendly feature aligns with the increasing global focus on sustainability and environmentally responsible packaging solutions.
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What Factors are Driving the Rapid Growth of the Personal Care and Cosmetics Sector?
The personal care and cosmetics sector is experiencing rapid growth due to rising disposable income and evolving consumer habits. Thus, the rise in consumers’ preference for styling and personal care products with appealing packaging options , such as sprays, dry shampoos, and showers, is expected to spur the sales of aerosol cans in the coming years.
Also, the growing importance on external appearance among both the aged and younger populace is surging the use of haircare, fragrances, and other beauty products. Thus, the cosmetic products is projected to create lucrative opportunities for the current market.
The global trend towards environmentally friendly packaging is gaining momentum, with the market for metal aerosol packaging solutions becoming increasingly competitive. As a result, packaging suppliers and brand owners are striving to create environmentally responsible packaging services that stand out on store shelves. The introduction of aluminium aerosol cans is expected to impact the global market, as recycled aluminium production uses less energy and contains only recyclable materials. Aluminium aerosol cans are becoming increasingly popular due to their ability to be recycled indefinitely without compromising quality.
High prevalence of asthmatic and other respiratory ailing patients, especially among the older generation, is stirring the application of metered-dose inhalers. Thus, the need to combat these respiratory diseases is creating a strong demand for aerosol cans. Besides these, the mess-free, portability, convenience, and value for money offered by these cans in efficiently dispensing various products is making it an ideal option for travel, helping the market witness continuous growth.
What are the Barriers Impeding the Growth of the Aerosol Cans Market?
The presence of strict guidelines for controlling the disposal of hazardous waste such as volatile organic compounds (VOCs) due to the use of traditional propellants. The contribution to air pollution or health risks is increasing demand for eco-friendly alternatives, challenging the demand for aerosol cans. Similarly, the growing concerns associated with microplastic pollution is shifting the focus of the consumers and manufacturers toward recyclable aluminum or steel materials, affecting the business as well as the global growth prospects.
Lack of consumer awareness regarding the on-the-go benefits offered by the aerosol cans is projected to impact the growth of aerosol cans. The misuse or accidental risks further impact the consumer perception.
The need for manufacturers to comply with stricter regulations on aerosol production, propellant use, and labeling requirements put forth by the governments across the globe. This need for adaption is affecting the acceptance of aerosol cans.
Moreover, the fluctuating costs of raw materials like steel, aluminum, and propellants projected to increase overall cost of the product. Subsequently, the demand for alternative packaging options like pump sprays, bag-on-valve systems, and refillable containers is fostering research & development for sustainable aerosol solutions.
Category-Wise Acumens
Which Material Dominates the Aerosol Cans Market?
Aluminum is the dominant material in the Aerosol Cans Market. This dominance is primarily due to its lightweight, durablity, and excellent resistance to corrosion. Its ability to protect contents from light, oxygen, and moisture is enhancing its application in the various environment-dependent industries such as pharmaceutical, food and beverages, and cosmetics. This makes aluminum ideal for packaging products like personal care, household, automotive, and food items necessitating requirement of extended shelf life and protection from external elements.
Also, the ease in recycling is making aluminum cans a sustainable and environmentally appealing option for the manufacturers. In addition to this, rising environmental consciousness, brands and cost-effective recycling is projected to help aluminum support circular economy initiatives and waste reduction efforts in the packaging industry.
The versatility in design offered by aluminum is allowing manufacturers to customize them into different shapes, sizes, colors, and finishes creating eye-catching packaging for various products. Additionally, aluminum cans are compatible with a wide range of products, including paints, cosmetics, deodorants, air fresheners, insecticides, and food products like whipped cream and cooking sprays. This versatility and functionality is turning aluminum cans into a suitable option for diverse applications across industries.
What are Factors Enhancing the Popularity of Personal Care Items in Aerosol Cans Market?
The personal care segment is anticipated to dominate the Aerosol Cans Market due to its convenience, easy-to-use, and protection against light, air, and contaminants. Growing demand for precise and controlled dispensing of personal care items like deodorants, hair sprays, shaving creams, body sprays, and dry shampoos, ensuring application of efficient and minimal waste generating aerosol cans. Thus, growing awareness regarding the freshness and reliability of aerosol-packaged products is contributing to their dominance.
Portability, compactness and lightweight are making them ideal for on-the-go use and travel, enhancing its application in the personal care industry. Hence, need for improving consumer experience is bolstering the demand for portable aerosol-packaged personal care items.
The need for compliance with specific product formulations and delivery systems to cater to specific consumer preferences is helping the segment retain its top-notch position on the global platform.
The attractiveness and branding options available in aerosol cans is projected to help them gain momentum in the personal care segment over the forecast period. Likewise, manufacturers ease in designing attractive aerosol cans with vibrant colors, graphics, and finishes to enhance product visibility, shelf presence, and brand recognition on retail shelves is another popularizing factor.
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Country/Region-wise Acumens
How will Aerosol Cans Market Fare in North America?
North America is a maturing market in the aerosol cans industry due to its stable and established nature and high market penetration of personal care and household products. Also, the presence of stringent regulations concerning environment, safety, and labeling is contributing toward maturation of the market. These Manufacturers are investing in research, development, product testing, and sustainability initiatives to develop advanced aerosol packaging solutions and eco-friendly alternatives.
Consumer demand for convenience, performance, and sustainability drives innovation in the Aerosol Cans Market in North America. Manufacturers are emphasizing on product differentiation, packaging design, and functionality enhancements to meet evolving consumer preferences and market trends. Despite being a mature market, North America still offers growth opportunities in niche segments and emerging applications, such as specialty aerosol products, innovative formulations, and customized packaging solutions in sectors like healthcare, food industry, and specialty chemicals.
Digital transformation and e-commerce trends in North America are influencing distribution channels for aerosol-packaged products, with online retail platforms, direct-to-consumer models, and subscription services gaining traction. These opportunities provide new avenues for market expansion and reach diverse consumer segments.
What Factors are Driving the Rapid Expansion of the Asia-Pacific Aerosol Cans Market?
The Asia Pacific region is experiencing the highest growth rate in the Aerosol Cans Market owing to economic development, urbanization, and rising disposable incomes. This surging consumer spending on personal care, household products, and automotive care. The growing population in Asia Pacific countries, particularly China, India, Japan, South Korea, and Southeast Asia, is skyrocketing consumer base for aerosol products. Thus, rise in middle-class population along with changing lifestyles and hygiene awareness is expected to further drive the adoption of aerosol-packaged products in this region.
Rapid urbanization and modernization in Asia Pacific countries is changing consumer preferences, thereby, shifting focus of consumers toward convenient, portable, and innovative packaging solutions. Thus, these properties offered by aerosol cans is making them popular choices for personal care items, household cleaning products, and automotive care products.
In addition to these, rise in technological advancements, manufacturing capabilities, and investments in the packaging industry are also driving the growth of the Aerosol Cans Market in Asia Pacific. In response to this, manufacturers are focusing on investing in recyclable materials, propellant alternatives, and eco-conscious packaging designs to align with consumer preferences and regulatory standards. Hence, rapid growth of e-commerce and retail sectors in Asia Pacific countries is creating new opportunities for Aerosol Cans Market players and driving demand for innovative packaging solutions and expanding market reach.
Competitive Landscape
The Aerosol Cans Market is fiercely competitive due to technological advancements, sustainability initiatives, and changing consumer preferences. Key players innovate and differentiate their products, investing heavily in research and development. The growing focus on eco-friendly alternatives has led to competition from smaller players. Companies use mergers, acquisitions, and strategic partnerships to expand their market presence and capitalize on emerging opportunities. The market is dynamic and multifaceted, with companies striving for market share through innovation, sustainability, and strategic collaborations.
Some of the prominent players operating in the Aerosol Cans Market are
Aero-pack Industries, Inc., Ardagh Group S.A., Arminak & Associates, Inc., Alucon Public Company Limited, Ball Corporation, Bharat Containers, CCL Containers, Colep, Crown Holdings Inc., DS Containers Inc., Exal Corporation, Jamestrong Packaging, Nampak Ltd., Spray Products, WestRock group.
Latest Developments
- In October 2022– Loryma launched Lory Starch Opal, a spray-on adhesive for seeds and other decorative food seasonings. The spray is made from pregelatinized wheat starch, focusing on solubility to ease its ability to be sprayed on.
- In December 2022– Honeywell stated that its Baton Rouge, Louisiana, facility had increased its manufacturing capacity of Honeywell Solstice® ze (HFO-1234ze), an energy-efficient and low-global-warming-potential (GWP) alternative to other current technologies. Solstice ze is utilized in applications involving foam insulation, aerosol propellants, refrigeration, and air conditioning.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2031 |
Growth Rate | CAGR of ~13.47% from 2024 to 2031 |
Base Year for Valuation | 2023 |
Historical Period | 2018-2022 |
Forecast Period | 2024-2031 |
Quantitative Units | Value in USD Billion |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
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Regions Covered |
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Key Players | Aero-pack Industries, Inc., Ardagh Group S.A., Arminak & Associates, Inc., Alucon Public Company Limited, Ball Corporation, Bharat Containers, CCL Containers, Colep, Crown Holdings Inc. |
Customization | Report customization along with purchase available upon request |
Aerosol Cans Market, By Category
Product Type
- Straight Wall Aerosol Cans
- Necked-In Aerosol Cans
- Shaped Aerosol Cans
Material
- Aluminum
- Steel
- Plastic
- Others
Propellant
- Compressed Gas Propellant
- Liquefied Gas Propellant
Capacity
- <100ml
- 100-250 ml
- 251-500 ml
- 500ml
Application
- Personal Care Products
- Household Products
- Healthcare Products
- Automotive Products
Region
- North America
- Europe
- Asia Pacific
- Rest of the world
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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