ID: MRFR/PNT/1565-CR | July 2019 | Region: Global | 150 pages
Global aerosol can market expected to witness substantial growth during the forecast period which is attributed to the recyclability of aerosol cans coupled with an impressive growth of end-user industries such as cosmetic & personal care, food & beverages, and healthcare. An increase in disposable income, changes in consumer lifestyles, product presentation & differentiation, and rising demand for personal care products such as deodorants, hair sprays, and face & body creams will fuel the consumption of aerosol cans.
However, the availability of alternatives in terms of packaging and price can become a restraint for aerosol can market.
Global aerosol can market expected to reach a market size of USD 7,644.6 million by 2025 at a 4.27% CAGR during the forecast period.
Regional Analysis: Global Aerosol Can Market
Geographically, the global aerosol can market segmented based on region into North America, Europe, Asia-Pacific, and Rest of the world (RoW).
North America accounted for the largest share and has always been a cornerstone in the innovation and development of personal care, hygiene, and beauty products. However, its leading position has progressively been propelled in the process of global competition. North America consistently introduces innovations in its design and packaging, owing to product freshness and modernity as well as it contributes to the success of aerosol can. Also, this is mainly due to the developed economies of the US coupled with growth in applications of aerosol cans in the personal care, automotive, and healthcare industries. Such factors raise the demand for aerosol can in the region.
Europe accounted for the second-largest market, which is anticipated to exhibit sustainable growth rate during the forecast period.
The key players of global aerosol can market are Kian Joo Can Factory Berhad (Malaysia), Toyo Seikan Group Holdings, Ltd (Japan), CPMC Holdings Ltd (China), CCL Industries (Canada), Shanghai Sunhome Industrial Company (China), Crown Holdings Incorporated (US), Ball Corporation (US), Ardagh Group (Luxembourg), Exal Corporation (US) and Al-Can Exports Pvt Ltd. (India).
Segmentation: Global Aerosol Can Market
The global aerosol can market been segmented based on material, product type, propellant type, application, and region.
Based on material type, the global aerosol can market been classified as aluminum, steel, plastic, and others. Aluminum segment dominates the global aerosol can market.
Based on product type, the aerosol can market divided into a straight wall, necked-in, and shaped. The straight-wall segment dominated the global aerosol can market due to growth in the personal care industry.
Based on the propellant type, the aerosol can market divided into liquefied gas propellant and compressed gas propellant. The liquefied gas propellant accounted for the largest market.
Based on application, the global aerosol can market segmented into personal care, industrial, pharmaceutical, and automotive. Personal care segment dominates the global aerosol can market owing to factors like personal hygiene and beautification. The applications of these include hair care, foams & gels, gel toothpaste, deodorants and antiperspirants, and skin care products. It is expected to strengthen its dominance during the forecast period.
Personal care packaging refers to the casing of products used for personal hygiene and beautification. The applications of these include hair care, foams & gels, gel toothpaste, deodorants and antiperspirants, and skincare products. Deodorants dominate beauty aerosol can applications with Brazil and India being the most significant contributors to the growth.
In January 2019, Ball Corporation launched new aerosol can in Paris named 360°, delivering an aerosol package with attractive graphics. This will lead to cater to new target audience maximizing sales.
Raw material suppliers
Traders & distributors
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.