North America Aerosol Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Aerosol Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The North American Aerosol Cans Market is expected to register a CAGR of 4.2% during the forecast period (2022 - 2027). North America dominates the aerosol cans market due to increased adoption of the aerosol cans owing to ease of use and portability, increased disposable income of the consumers and rising presence of a large number of key container fillers and end-products manufacturers in this region.

Key Highlights

• The possibility of airborne transmission in specific circumstances is expected to leverage the demand for aerosol can packaging. This is because the advantage of convenience and accurate dosing without spillage and airtight packaging provided by the aerosol cans eliminates the likelihood of contamination.
• The packaging has increased the value of these cans from aesthetic purposes to value creation to the application of the product for storage, transportation, and ease of usage. These cans are mostly made of aluminum or steel. They are effective packaging solutions that fit all the features related to execution during storage, transportation, and convenience to the consumer.
• Continuously improving consumer lifestyles is backing the demand from the personal care and cosmetic industry. For instance, according to Happi Magazine, the unit sales of leading deodorant vendors such as Unilever, Procter and Gamble, and Colgate Palmolive in the United States in 2020 accounted for USD 327.04 million, USD 219.79 million, and USD 38.49 million, respectively.
• Additionally, aerosol cans enable 360 degrees application and consume 25% less substance for relative area coverage. Further, a significant adaptation of spray paints in the automotive industry for personalisation and maintenance purposes has created numerous opportunities for the growth of the aerosol cans market in the United States.
• The U.S. Environmental Protection Agency (EPA) in December 2019 added aerosol cans waste to the universal waste program under the federal Resource Conversations and Recovery Act (RCRA) regulation. This relaxation, active from February 2020, results in more specific standards and is said to leverage around 25,000 industrial facilities worldwide.
• Cans that are not emptied and still have some propellant left may be considered hazardous waste by the US EPA (Environmental Protection Agency). However, stringent EPA regulations concerning CFC, HCFC, and HFC components in aerosols can hamper the market growth.
• The impact of the emergence of the COVID-19 pandemic halted the manufacturing of aerosol cans owing to the sudden lockdowns in countries and the shutdown of manufacturing facilities and their operations. It affected the demand and supply systems. However, with businesses restarting normally and e-commerce trends on the rise, the market is expected to rebound in the long run.

Key Market TrendsAluminum Aerosol Cans to account for a significant Market growth

• An increase in the intake of processed food and beverages, shelf life of products, and growth in the disposable income of consumers, as well as the ability to customise the packaging with colors, 3D prints, and embossing, stimulate the development of the aluminum cans market in North America.
• Aluminum cans can be recycled repeatedly in a closed cycle, which is a significant driver for growth. Thus, a few companies are opting for aluminum cans to shift toward sustainability by reducing their carbon footprint. For instance, Coca-Cola Co.’s Dasani water brand will soon be available in cans in the United States to reduce plastic waste.
• Aluminum cans have a higher recycling rate and more recycled content than competing package types. According to the Aluminum Association, it’s one of the most recycled materials on the market. Recycling saves more than 90% of the energy required to produce new metal, reducing production costs. In the United States, two aluminum cans are recycled for every three cans shipped across the region. Factors such as these will boost market growth.
• Also, 70% of the plastic collected for recycling goes to landfills in the United States. The increasing emphasis on reducing carbon footprint by controlling climate change is one of the region's growth drivers for aluminum cans.
• Companies such as Trivium Packaging operate through its two offices and a research and development center in the United States. It also has six manufacturing facilities in the United States and one manufacturing facility in Canada. The company manufactures mono-block aluminum aerosol cans and steel aerosol cans available in a wide range of heights and diameters. These products are primarily used in the beauty and personal care sectors.

United States is expected to account for the largest Market Share

• The United States aerosol industry is highly regulated, and the cans used for pharmaceutical purposes need to be cGMP compliant with the US DMF. For instance, the aerosol aluminum cans manufactured by Ball Corporation for the pharmaceutical industry comply with the same.
• Additionally, the market is gaining traction with pharmaceuticals owing to an increased usage of aerosol cans for various medicinal products such as pain-relieving sprays. For instance, CCL Container offers pharmaceutical aluminum containers compliant with the Food and Drug Association regulated in the United States and are formulation-compatible alongside providing a longer shelf life.
• Further, in May 2020, Doctors Kline and Green announced the launch of an aerosol foam hand sanitiser in easy-to-dispense pressurised packaging in the United States. Trivium Packaging supplies aerosol cans for the product.
• Additionally, major U.S. companies in the metal cans industry cater to various end-users and continue adding production capacity and innovating to expand their product portfolio. For instance, Crown Holdings Inc. offers Necked-In Aerosol cans, which pack multiple products, including laundry and automotive. It also provides various diameter sizes and various volumetric capacities.

Competitive Landscape

The North American aerosol cans market is moderately fragmented with players in the market witness price sensitivity; hence sustaining in the market is demanding. Further, vendors in the market are driven by sustainability and product enhancements to capture market share and profitability. Some of the recent developments and mergers and acquisitions in the market are:

• August 2021 - IntraPac International Corporation, a diversified manufacturer of rigid packaging solutions and high precision injection molded components, acquired Precision Concepts Costa Rica, a vertically integrated molder and assembler of medical devices.
• February 2021 - Procter & Gamble announced the launch of their Microban 24 Sanitizing Spray packaged in aerosol cans that Health Canada approved against the SARA-CoV-2 virus that causes COVID-19.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.