Europe Monobloc Aerosols Aluminum Cans Market Research Report Information by Can Type (Standard Neck Aerosol Cans, Shaped Neck Aerosol Cans, Customized Neck Aerosol Cans, and Others), By Capacity (into Less than 100ml, 100ml - 250ml, 251ml - 500ml, and Above 500ml), By Closure Type (Standard Valve, Fine Mist Sprayers, Continuous Spray Valves, and Others), By Application (Personal Care Products, Household Products, Automotive Products, Food and Beverages, and Others), by Country Industry Forecast to 2032
During the forecast period, the Europe Monobloc Aerosols Aluminum Cans market is expected to experience substantial growth, with a Compound Annual Growth Rate (CAGR) of 4.43%. The market is expected to attain a significant value of USD 1,567.44 million by the conclusion of the forecast period, which spans from 2024 to 2032. In 2023, the estimated value of the market was USD 1,081.10 million.
During the forecast period, the Europe Monobloc Aerosols Aluminum Cans market is expected to experience substantial growth, with a Compound Annual Growth Rate (CAGR) of 3.6%. The market is expected to reach a significant value of 3,697.25 million units by the conclusion of the forecast period, which spans from 2024 to 2032. In 2023, the estimated value of the market was 2,727.26 million units.
Aluminum monobloc cans are employed in a variety of industries, such as personal care (deodorants, hairspray), pharmaceuticals (inhalers), food (cooking sprays), and domestic products (air fresheners, insect repellents). This demand for these products is reflected in the increasing demand for aluminum monobloc cans.
Aluminum is a highly recyclable material, which makes monobloc cans an appealing alternative for organizations seeking sustainable packaging solutions. For example, in June 2022, Ball Corporation introduced an aerosol can made of aluminum that has a minimal carbon footprint. New cans are composed of 50% recycled material and low-carbon aluminum that has been smelted using renewable energy sources. The company will be able to decrease its carbon emissions by 16% by 2030.
Market SegmentationThe Europe Monobloc Aerosols Aluminum Cans market is segmented into Standard Neck Aerosol Cans, Shaped Neck Aerosol Cans, Customized Neck Aerosol Cans, and Others, based on the type of can.
The Europe Monobloc Aerosols Aluminum Cans market is segmented into four categories: Less than 100ml, 100ml - 250ml, 251ml - 500ml, and Above 500ml. This segmentation is based on capacity.
The Europe Monobloc Aerosols Aluminum Cans market is segmented into Standard Valve, Fine Mist Sprayers, Continuous Spray Valves, and Others, based on the closure type.
The Europe Monobloc Aerosols Aluminum Cans market is segmented into the following categories: Personal Care Products, Household Products, Automotive Products, Food and Beverages, and Others. This segmentation is based on application.
The report on the Europe Monobloc Aerosols Aluminum Cans Market has been segmented into the following countries: Germany, UK, Spain, Italy, Netherlands, France, Switzerland, Russia, Sweden, Norway, Romania, Turkey, Denmark, Finland, and Rest of Europe. The segmentation is based on country.
Major PlayersBall Corporation, Trivium Packaging, Linhardt GmbH & Co KG, Mall + Herlan GmbH, Tubex, ALLTUB, Nussbaum Matzingen AG, Tecnocap, Printal Oy, and Envases Group are among the key players in the Europe Monobloc Aerosols Aluminum Cans market.