Aerosol Can Market Research Report - Global Forecast till 2027

Global Aerosol Can Market: Information by Material (Aluminum, Steel, Plastic and others), by Product Type (Straight Wall, Necked-In, Shaped), By Propellant Type (Liquefied Gas Propellant and Compressed Gas Propellant), By Application (Personal Care, Industrial, Pharmaceutical and Automotive, others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast to 2027

ID: MRFR/PNT/1565-CR | July 2019 | Region: Global | 150 pages

Please note that the assessment period of report has been updated from (2019-2025) to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


The aerosol can market includes a widespread consumption of personal care products catering to individual needs like shaving creams, body, as well as, hair sprays, along with deodorants for daily use purpose. The aerosols are known as the colloidal systems that help the collision of either solid or liquid particles suspended freely in gas. There is a huge variety of applications available as a part of the aerosol can market that is inclusive of individual care, industrial, food, and paints, medical and automotive sectors, apart from the household one. The ease and convenience in the use of the cans along with an aesthetic and trendy product design is what is pushing the market’s demand during recent years.


The market is expected to increase at a 6.5% CAGR by the end of the global forecast year in 2025. The market valuation is expected to rise to USD 7,644.6 million by the end of the forecasted year. 


COVID 19 Analysis


The aerosol can market size has been adversely affected due to the global COVID 19 pandemic outbreak globally. The obnoxious spread of the pandemic has come along with the temporary and permanent lockdowns, curfews, restrictions, unavailability of labor, and pausing the manufacturing and production units of various businesses. The pandemic has affected the demand for the raw materials used in the production, as well as, processing of the aerosol cans. The end-users of the aerosol can market like the automotive, transportation units, consumers, logistics, as well as, industrial equipment are the most affected ones.


However, post the COVID 19 pandemic the government is coming up with strategies and initiatives to help the research and development sector grow at an emerging rate. The companies are opting for different types of attractive packaging and eco-friendly products to help the market recover the losses post the era of a pandemic. 


Market Dynamics


Drivers


The aerosol can market trends are witnessing an increased demand from the end-users of the industry. Mainly the industries like cosmetics, individual and personal care, healthcare, along the food industry are demanding these cans in large numbers. The personal care industry accounts for approximately 58.6% of the demand for cans. The global report predicts a very high potential for the cans by the end of the global forecast period. There is an increase in the disposable income of the potential audience that is stimulating the lifestyle changes and higher demand for product differentiation, as well as presentation. All these factors are highly responsible for the growth of the market size by the end of 2025.


Restraints


An increased price of aluminum is likely to affect the price range of the aerosol cans in various markets of different geographical locations. Aluminum is one of the most important raw materials for the production of cans and if the prices increase, the market is going to witness restraints in the process of growth by the end of the future forecast in 2025. 


Technology Analysis


The beauty care, personal hygiene, and care application are moving towards an elaborated use of the aerosol cans. Also, the changing lifestyle of people and awareness related to the need for a healthy and comfortable environment for functioning, are stimulating both the key players for large-scale production, as well as, the customers for large-scale demand and purchase of the cans. However, the key players need to come up with better alternates in comparison to the refillable spray bottles that are eco-friendly in nature. Alternates need to be developed so that the market is able to reach the predicted market valuation and grow at the expected CAGR rate. 


Study Objectives



  • To define the market overview, objectives, as well as segmentation to project the global use of the aerosol cans

  • To predict the size of the market based on the performance of the segments, value, revenue volume. This prediction is concerning 5 major global locations.

  • To provide the market details related to the key factors that will help the market grow and the potential risks and threats that are likely to act as challenges and hurdles in the process of growth

  • To analyze the market strategies of the prominent market players, understand their working, review their core competencies and draw a competitive margin for the markets

  • To have a detailed study of the recent developments of the market, have an idea about the company mergers and acquisitions, future prospects, and the overall contribution in the market growth and valuation 


Segment Overview


The aerosol can market value is estimated to grow at a 6.5% CAGR by the end of the global forecast in 2025. The market is segmented based on the following:


Material type


Different kinds of raw materials like aluminum, steel, as well as, plastic are used to manufacture aerosol cans.


Type of product


The different type of aerosol cans is available in the necked-in, shaped, as well as, the straight wall shapes.


Propellants


Liquefied, as well as compressed gas propellants, are used in compiling the aerosol cans.


Regions


The market is currently working in 5 major locations namely North America, Latin America, Asian Pacific nations, Middle East and Africa (MEA), as well as, the European nations. 


Regional Analysis


Considering the volume terms, the European nations are likely to have the largest market share summing up to 33%. The European region is emerging as the leading producer of aerosol cans. The main reason behind this is the increasing demand of the personal care industry. Also, the market is witnessing a high demand for cosmetics, along with the increased growth of the fragrance industry. Also, the purchasing power of the consumers is increasing which is giving the market, a much-needed boost.


The Asian Pacific market is expected to emerge as the highest gross earner in terms of revenue collection. The Indian, as well as, the Chinese government are giving a push to the favorable investments that are likely to create excellent opportunities for growth by the end of the global forecast in 2025. Based on the regional segments, the Middle East and African region are expected to reach good growth by the end of the global forecast in 2025. The population in such regions is spending a lump sum amount on skincare regimes, as well as, hair care products. The personal care segment is expected to have maximum growth in countries like UAE, as well as, Saudi Arabia. 


Competitive Landscape


The aerosol can market analysis portrays that the global market has a high degree of competition involved. The main reason behind this is the elaborated functioning of the key market players in the market. Also, witnessing the steps being undertaken, the report helps in drawing a competitive landscape of the market. The prominent players of the market are:



  • Toyo Seikan Group Holdings Limited

  • Crown Holdings

  • Reckitt Benckiser

  • CCL Industries

  • Honeywell International Inc.

  • Ball Corporation

  • Ardagh Group

  • Unilever 


Recent Developments 



  • In 2015, the North American region had the largest market share. As a part of the North American market, the US market is taking steps to increase the aerosol can applications growth.

  • The North American region is targeting majorly propelling industries like the automotive sector, healthcare, as well as, personal care industries. For these are the major industries that have the maximum demand for aerosol cans.

  • Ardagh Packaging belonging to Luxembourg launches a distinct shaped can for the multi-spread brand - Loreal. These cans have a 150 ml capacity and contain a huge range of body sprays.

  • Unilever - a U.K.-based company signed a partnership with Crown Aerosol Packaging of the USA, North America, in order to launch a new product solving the hair concerns of people. The new company is a holding of the parent company - Crown Holdings Inc. This partnership came into force in April 2015.

  • The availability of hypermarkets like Lulu and Carrefour in countries like Kuwait, UAE, as well as, Saudi Arabia, are ensuring the retail distributorship of the consumer products on a large scale for customer benefit. 


Market Users



  • Food and beverage industry

  • Personal care and individual hygiene

  • Automotive sector

  • Healthcare

  • Home care 


Report Overview


The global aerosol can market report predicts the revenues, as well as, the voluminous growth of the market operations and transactions. The report depicts the impact of coronavirus on its operations and hampering the potential elements of the market. The market dynamics are discussed at the regional, country, as well as, global levels. This is done to provide a clear picture and analysis of the latest trends and recent developments prevailing in the market. These have a major role to play in depicting the market valuation by the end of the global forecast in 2025. The growth of the market segments is also discussed in 5 major geographical locations of the world. This will help in analyzing the growth prospects and expected rate of CAGR at which the market is expected to grow by the end of the future forecast in 2025.



Report Scope:
Report Attribute/Metric Details
  Market Size   2025:USD 7,644.6 Million
  CAGR   6.5% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material, Product Type, Propellant Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Toyo Seikan Group Holdings Limited, Crown Holdings, Reckitt Benckiser, CCL Industries, Honeywell International Inc., Ball Corporation, Ardagh Group, Unilever
  Key Market Opportunities   Increase usage of Aerosol Can in beauty and personal care application
  Key Market Drivers

  • Increase usage of Aerosol Paint Can
  • Technical Advantage in Aerosol Can
  • Environmental Advantage of Aerosol Can


  • Frequently Asked Questions (FAQ) :


    Global aerosol can market expected to reach a notable value of USD 7,644.6 million by forecast 2025

    North America is accounted for the largest share and has always been a cornerstone in the innovation and development of personal care, hygiene, and beauty products.

    Kian Joo Can, Toyo Seikan, CPMC, Crown Holdings are the leading players in the global aerosol can market.