The global aerosol cans market size is worth $14.04 billion per

Pune, March 21, 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global aerosol cans market is expected to grow from USD 8.01 billion in 2020 to USD 14.04 billion by 2028 at a CAGR of 6.21% over the forecast period 2021-2028, according to the new report published by The Brainy Insights.

The reusability and recyclability of aerosol cans is a major factor driving the growth of the aerosol cans market. These cans are made of metal, glass or plastic (like PET), so they can be recycled indefinitely. Users also benefit from the cost advantage of packaging while addressing disposal concerns, as it is manufactured in accordance with environmental regulations for decomposition.

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Aerosol cans are containers for substances stored in aerosol form, such as paints, varnishes and insecticides. These bombs are a type of delivery system that produces an aerosol mist of liquid particles. These aerosol cans are mainly made of aluminum or steel. Aluminum is steadily gaining market share as it acts as a complete barrier against air, light, moisture, bacteria and other gases. In addition, it is a corrosion-resistant material, which protects the contents of the cans against deterioration.

The widespread use of aerosol cans for spraying fertilizers and pesticides in the agricultural industry is expected to drive the growth of the aerosol cans market. is expected to drive the aerosol cans market. However, the existence of cheaper alternatives for packaging is expected to restrain the growth of the aerosol cans market.

Major players operating in the global aerosol cans market include BWAY Corporation, Aerobal, SA de CV, Ball Corporation, Aero-pack Industries, Inc, Ardagh Packaging Holdings Limited, Avon Crowncaps & Containers (Nig.) Plc, CCL Industries, Inc. ., Crown Holdings, Inc., DS Containers, Inc., Exal Corporation, ITW Sexton Can Company Inc. MidasCare Pharmaceuticals Pvt. ltd. and Nampak Ltd., among others. The major players are now focusing on implementing strategies such as adoption of new technologies, product innovations, mergers and acquisitions, joint ventures, alliances and partnerships to enhance their market position in the global meat substitute industry. .

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• In January 2019, during the ADF & PCD show in Paris, Ball Corporation introduced a new technology by adding 360° custom-shaped aerosol cans. This offers innovative shapes at every corner of the can and will attract customers to the shelves.
• In 2018, Colep, in cooperation with Henkel AG, supplied light cans to the professional hairdressing brand Syoss. The aerosol supplier has developed new packaging solutions to provide customers with a more balanced packaging solution that uses less material, less energy and less water for their customers.

The straight wall aerosol cans segment dominated the aerosol cans market with the largest market share of 42.13% and the market value of USD 3.38 billion in 2020

The product segment is divided into straight wall spray cans, neck spray cans and profiled spray cans. The straight sided aerosol cans segment has emerged as the global aerosol cans market leader with the largest market share of 42.13% and a market value of USD 3.38 billion in 2020.

The aluminum segment dominated the aerosol market with a market share of around 31.34% and a market value of around USD 2.51 billion in 2020

The Materials segment includes aluminum, steel, plastic and others. Manufacturers favor aluminum spray cans because aluminum is a so-called continuous material that can be recycled indefinitely without loss of quality. Due to this factor, the aluminum segment dominated the aerosol market with a market share of around 31.34% and a market value of around USD 2.51 billion in 2020.

The liquefied propellant gas segment dominated the aerosol market with the largest market share of around 64.24% and a market value of around USD 5.15 billion in 2020

Propellant type segment is divided into compressed gas propellant and liquefied gas propellant. The liquefied propellant segment has emerged as the global aerosol can market leader with the largest market value of around $5.15 billion in 2020.

The personal care segment dominated the aerosol market with a market share of around 38.12% and a market value of around $3.05 billion in 2020

The end-use segment includes personal care, household care, healthcare, automotive and others. Growing consumer lifestyles and increasing disposable income have increased the demand for personal care products such as douches, sprays and dry shampoos, due to which the personal care segment has dominated the aerosol market with a market share of 38.12% and a market value of approximately USD 3.05 billion in 2020.

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Regional Segment Analysis of Aerosols Market

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• Middle East and Africa (UAE, South Africa, Rest of MEA)

The focus on reducing packaging waste should accelerate the development of the European aerosol industry. In Europe, developed countries such as Germany and the UK are expected to lead the way, with steady growth over the forecast period. The North America region led the global aerosol market with a market share of 35.14% and revenue of $2.82 billion in 2020. The large share of this market was due to cost savings US developed coupled with the growth of personal care, automotive and healthcare applications. aerosol cans.

About the report:

The global Aerosol Sprays market is analyzed based on value (USD billion), volume (thousand units), consumption (thousand units), import (thousand units) and export (thousand units) of units). All segments have been analyzed at global, regional level. , and country. The study includes an analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position analysis, distribution and marketing channel analysis.

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The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer requirements, whether they are looking to expand or planning to launch a new product in the global market.

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