The Aerosol Paints Market size is estimated at USD 1.12 billion in 2024, and is expected to reach USD 1.44 billion by 2029, growing at a CAGR of 5.23% during the forecast period (2024-2029).
The demand for aerosol paints decreased due to COVID-19 owing to the shutdown of manufacturing units, a halt in construction activities, and disruption in the supply chain. Currently, the market has recovered from the pandemic and is growing at a significant rate.
Rising residential and commercial construction activities and increasing usage of aerosol paints in DIY activities are likely to drive the aerosol paints market during the forecast period.
However, stringent VOC regulations are likely to act as restraints for the market.
Nevertheless, emerging technologies for aerosol paints are expected to provide new opportunities for the market.
Asia-Pacific dominates the global market, with robust demand from China, followed by India and Japan.
The aerosol paints market is fragmented in nature. The major players (not in any particular order) include Sherwin Williams, AkzoNobel NV, Nippon Paint Holdings Co. Ltd, RPM International, and PPG Industries Inc.
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