Aerosol Can Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Aerosol Can Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Aerosol Can Market

The aerosol can market size was valued at USD 10.52 billion in 2023, and the market is now projected to grow from USD 11.08 billion in 2024 to USD 17.32 billion by 2032, exhibiting a CAGR of 5.75% during the forecast period of 2024-2032.

Due to the imposed social distancing, the closure of borders and factories caused a decrease in the supply and demand for goods, which negatively impacted the sectors' growth. Negative demand during that era was felt by the personal care, automotive & industrial, and other industries, which resulted in negative growth during the pandemic. These factors affected the aerosol can market growth.

Aerosol can are used on large scale mainly in for items such as skin care and hair care manufacturing. People are able to spend more on cosmetics and personal care items due to rising disposable incomes, and are fortunate enough to afford luxury lifestyle as personal care products fall under the luxury category which is driving the market's expansion. These particular growth driving factors have been recorded to attribute the aerosol can market share.

The market for organic household cleansers and cleaning liquids and bars has grown as consumers' concerns about their health and the environment are becoming more and more aware. Customers and consumers want natural, scent-boosting toilet care products and dishwashing solutions that are also environmentally friendly.

Comprehensive Analysis of Aerosol Can Market

Aluminum, steel & tinplate, and plastic make up the market's three material segments. Markets are divided into straight wall, necked-in, shaped, and other categories according to the type of merchandise. Aerosol can market expansion is highest in the necked-in segment. Market segmentation by application includes paints, pharmaceuticals, automotive & industrial, personal care, home care, and others.

This market is dominated by the Europe region. The increasing use of personal care goods to improve skin type and enhancing its health and general well-being, as well as the raising of one's own image through these items, is what is fueling this region expanding business.

Global markets are fiercely competitive and highly fragmented. Due to their creative packaging solutions, a few group of large market companies hold a fair amount of market share. Some of the major Companys includes Sonoco Products Company (U.S.), CCL Industries (Canada), Ball Corporation (U.S.), and Crown Holdings (U.S.).

In July 2023, The renowned company APS has launched and given to the people the transition of brands to recyclable plastics like PET and HDPE by doing away with the need for pressurized plastic, tinplate, and aluminum cans. Refills and over 10,000 spray cycles are available only with this aerosol with the release of its propellant-free, reusable aerosol technology twistMist.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.75% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Material

Aluminum

Steel & Tinplate

Plastic

By Product Type

Straight Wall

Necked-In

Shaped

Others

By Application

Personal Care

Home Care

Pharmaceutical

Automotive & Industrial

Paints

Others

By Region

North America (By Material, Product Type, Application, and Country)

- U.S. (By Application)

- Canada (By Application)

Europe (By Material, Product Type, Application, and Country)

- Germany (By Application)

- U.K. (By Application)

- France (By Application)

- Italy (By Application)

- Spain (By Application)

- Russia (By Application)

- Poland (By Application)

- Romania (By Application)

- Rest of Europe (By Application)

Asia Pacific (By Material, Product Type, Application, and Country)

- China (By Application)

- India (By Application)

- Japan (By Application)

- Australia (By Application)

- South Korea (By Application)

- Southeast Asia (By Application)

- Rest of Asia Pacific (By Application)

Latin America (By Material, Product Type, Application, and Country)

- Brazil (By Application)

- Mexico (By Application)

- Argentina (By Application)

- Rest of Latin America (By Application)

Middle East & Africa (By Material, Product Type, Application, and Country)

- Saudi Arabia (By Application)

- U.A.E. (By Application)

- Oman (By Application)

- South Africa (By Application)

- Rest of the Middle East and Africa (By Application)


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