Global Aerosol Cans Market Size, Share, Opportunities, And Trends By Type Of Can (Straight Wall, Necked-In, Shaped), By Type Of Material (Aluminium, Steel, Glass, Plastic), By Propellant Type (Liquefied Gas Propellant, Compressed Gas Propellant), By Industry Vertical (Personal Care And Cosmetics, Food And Beverage, Healthcare, Automotive, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : May 2024
  • Report Code : KSI061610540
  • Pages : 114

The aerosol cans market is expected to grow at a CAGR of 4.11% reaching a market size of US$108.876 billion in 2029 from US$82.172 billion in 2022.

The growing demand for a variety of products, such as deodorants, hair sprays, hair mousse, dry shampoos, insecticides, air fresheners, cleaning supplies, lubricants, and medical spray, is expected to propel the global aerosol market.

Additionally, businesses like S. C. Johnson & Son, Inc. have been working nonstop to advertise the repellent's uses and advantages. Consequently, the demand for aerosols in the home market has been rising as a result of rising repellent usage. The United States' adoption of the Montreal Protocol and the growing use of the Clean Development Mechanism in the domestic manufacturing sector are expected to limit consumer demand for goods that release volatile organic compounds (VOCs). As a result, it is expected that regulatory inclination toward restricting VOC emissions will limit the demand for aerosol due to its HFC composition.

Rising concerns for hygiene

Human needs have greatly influenced the rise of the amount of substances utilized for various purposes including the health of individuals both in residential areas and commercial buildings.  This market is expanding because of the unmatched experience that the cans offer and the propellant, which makes it simpler to dispense the product. The fast pace of urbanization, shifting lifestyles, and rising expenditure on these goods have made consumers more aware of the need to keep their surroundings tidy and sanitary. Consequently, the demand for green cleaning products is increasing. We have seen an increase in the popularity of all-natural household cleaners as people become more concerned about their own well-being and that of our surrounding nature.

Most of the consumers need to have home care products which are both soap and toilet wash that are natural, fresh-smelling and biodegradable hence the need for home care researchers to develop cutting-edge detergents that have distinct smells, properties, and hardware. Several growth drivers of the demand for these detergents in the home care categories are an expanding property industry, increasing housing units as well as a requirement for cleaning agents in advanced and developing nations.

Recyclability of aluminum cans is also leading to market growth

Brands looking to further their circular initiatives now tend to favour metal packaging. The main benefit of metal is that it can be recycled again and again without losing its purity or quality. The demand for aluminium cans in the global market is driven by the fact that aluminium aerosol cans are made of high-purity aluminium and offer superior packaging and a competitive advantage over other packaging types due to their high value, high level of effectiveness, and unique properties of metal. Additionally, recycling aluminium saves 97% of the greenhouse gas emissions produced during the primary production process and uses 95% less energy than manufacturing aluminium from raw materials. Furthermore, using recycled metal to make aluminium cans is 20 times more energy-efficient than using other materials.

High demand from the cosmetic industry

In the personal care and cosmetics sector, aerosol cans are widely utilized for items like sunscreen, body mists, hairsprays, deodorants, and shaving creams. The market for cosmetics and personal care products is expanding due to rising disposable incomes in emerging markets, which allow consumers to spend more on these items. Nearly half of all cans produced worldwide are produced for use in deodorants and perfumes, which continue to be the most significant and dominant markets for these cans. The can's appropriate packaging for international brands and their goods is credited with its dominance. They are frequently positioned in the high-price range because of the material's inherent premium quality, its opulent feel, and its compelling visual appearance, which allows for persuasive product differentiation at the point of sale. Furthermore, aerosols provide all the convenience features that consumers anticipate from packaging, along with excellent quality and safety standards—especially in the premium market. The demand for these cans in the body care and cosmetics sectors is further driven by the marketing strategies and opportunities that sophisticated printing techniques provide for positioning brand product images in an impactful and visually appealing way.

High demand from the automotive industry

The automotive industry’s growing demand for aerosol cans is globally increasing aerosol sales. In the automotive sector, industrial aerosols are significantly used for plenty of things like lubrication, degreasing engines, polishing vehicles and reduction of friction and wear. The exponentially growing auto sales all over the world will boost aerosol spray demand for automobiles in future, thus fueling automotive aftermarket expansion.

There is an increasing demand for aerosol cans as the need for more aerosols—such as lubricants and oils—rises, driven by the manufacture and sale of passenger cars, commercial vehicles, three-wheelers, two-wheelers, and quadricycles. . For example, cars were sold worldwide in 2022 at a rate of 67.3 million, and in 2023, that figure rose to 75.3 million, according to Scotia Bank. Additionally, the ACEA reports that over 2.84 million passenger cars were purchased in 2023 by German consumers, making Germany the largest passenger car market in all of Europe.

Europe is witnessing exponential growth during the forecast period

The French perfume and scent market is expanding, and one major reason for this is the industry's growing reliance on aerosol cans. One of the most well-liked sectors of the global cosmetics market is the French fragrance sector. In recent years, France's fragrance market has grown significantly. The gain is a result of the continued introduction of new fragrances; the multinational top perfume makers work on them by doing a lot of research, planning and working together.

Encouragingly, higher production costs will call for further investments in recycling infrastructure and sustainability programs by the aluminium and metal packaging industries as aluminium is highly recyclable. Therefore, this will result in an enhanced environmental profile of their metal packaging products thus having more appeal to eco-conscious consumers.

Market key launches

  • In January 2024: Trivium Packaging's three-year streak of consistently earning platinum status in the EcoVadis sustainability ratings is a strategic indication of the company's dedication to sustainability. Trivium Packaging has improved its brand reputation in the metal packaging industry by achieving the highest ranking in sustainability ratings for three consecutive years. This helps set the business apart from rivals and establishes it as the go-to option for companies and customers that care about the environment.
  • In October 2023, a joint venture agreement was signed by Colep Packaging and Envases Group to build an aerosol packaging plant in Mexico. By combining the experience, industry knowledge, and standards of two of the major players in the metal packaging sector, this agreement will enable closer client service to North and Central America and present a competitive offer in terms of portfolio, production capacity, and lead times, thereby enhancing the high standards of service that both businesses are known for and that are critical in the current market environment.

Segmentation:

  • By Type of Can
    • Straight Wall
    • Necked in
    • Shaped
  • By Type of Material
    • Aluminum
    • Steel
    • Glass
    • Plastic
  • By Propellant Type
    • Liquefied Gas Propellant
    • Compressed Gas Propellant
  • By Industry Vertical
    • Personal Care And Cosmetics
    • Food And Beverage
    • Healthcare
    • Automotive
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

The aerosol cans market is expected to reach a total market size of US$108.876 billion by 2029.
Aerosol Cans Market was valued at US$82.172 billion in 2022.
The global aerosol cans market is expected to grow at a CAGR of 4.11% over the forecast period.
The major factor anticipated to drive the growth of the aerosol cans market is the increasing demand for personal care and cosmetic products.
Europe holds the largest share of the acousto-optic device market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. AEROSOL CANS MARKET, BY TYPE OF CAN

5.1. Introduction

5.2. Straight Wall

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Necket In

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Shaped

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

6. AEROSOL CANS MARKET, BY TYPE OF MATERIAL

6.1. Introduction

6.2. Aluminium

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Steel

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Glass

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

6.5. Plastic

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.5.3. Geographic Lucrativeness

7. AEROSOL CANS MARKET, BY PROPELLANT TYPE

7.1. Introduction

7.2. Liquified Gas Propellant

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Compressed Gas Propellant

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

8. AEROSOL CANS MARKET, BY INDUSTRY VERTICAL

8.1. Introduction

8.2. Personal care and Cosmetics

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.2.3. Geographic Lucrativeness

8.3. Food and Beverages

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.3.3. Geographic Lucrativeness

8.4. Healthcare

8.4.1. Market Trends and Opportunities

8.4.2. Growth Prospects

8.4.3. Geographic Lucrativeness

8.5. Automotive

8.5.1. Market Trends and Opportunities

8.5.2. Growth Prospects

8.5.3. Geographic Lucrativeness

8.6. Others

8.6.1. Market Trends and Opportunities

8.6.2. Growth Prospects

8.6.3. Geographic Lucrativeness

9. AEROSOL CANS MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Type of Can

9.2.2. By Type of Material

9.2.3. By Propellant Type

9.2.4. By Industry Vertical

9.2.5. By Country

9.2.5.1. USA

9.2.5.1.1. Market Trends and Opportunities

9.2.5.1.2. Growth Prospects

9.2.5.2. Canada

9.2.5.2.1. Market Trends and Opportunities

9.2.5.2.2. Growth Prospects

9.2.5.3. Mexico

9.2.5.3.1. Market Trends and Opportunities

9.2.5.3.2. Growth Prospects

9.3. South America

9.3.1. By Type of Can

9.3.2. By Type of Material

9.3.3. By Propellant Type

9.3.4. By Industry Vertical

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.1.1. Market Trends and Opportunities

9.3.5.1.2. Growth Prospects

9.3.5.2. Argentina

9.3.5.2.1. Market Trends and Opportunities

9.3.5.2.2. Growth Prospects

9.3.5.3. Others

9.3.5.3.1. Market Trends and Opportunities

9.3.5.3.2. Growth Prospects

9.4. Europe

9.4.1. By Type of Can

9.4.2. By Type of Material

9.4.3. By Propellant Type

9.4.4. By Industry Vertical

9.4.5. By Country

9.4.5.1. Germany

9.4.5.1.1. Market Trends and Opportunities

9.4.5.1.2. Growth Prospects

9.4.5.2. France

9.4.5.2.1. Market Trends and Opportunities

9.4.5.2.2. Growth Prospects

9.4.5.3. United Kingdom

9.4.5.3.1. Market Trends and Opportunities

9.4.5.3.2. Growth Prospects

9.4.5.4. Spain

9.4.5.4.1. Market Trends and Opportunities

9.4.5.4.2. Growth Prospects

9.4.5.5. Others

9.4.5.5.1. Market Trends and Opportunities

9.4.5.5.2. Growth Prospects

9.5. Middle East and Africa

9.5.1. By Type of Can

9.5.2. By Type of Material

9.5.3. By Propellant Type

9.5.4. By Industry Vertical

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.1.1. Market Trends and Opportunities

9.5.5.1.2. Growth Prospects

9.5.5.2. UAE

9.5.5.2.1. Market Trends and Opportunities

9.5.5.2.2. Growth Prospects

9.5.5.3. Others

9.5.5.3.1. Market Trends and Opportunities

9.5.5.3.2. Growth Prospects

9.6. Asia Pacific

9.6.1. By Type of Can

9.6.2. By Type of Material

9.6.3. By Propellant Type

9.6.4. By Industry Vertical

9.6.5. By Country

9.6.5.1. Japan

9.6.5.1.1. Market Trends and Opportunities

9.6.5.1.2. Growth Prospects

9.6.5.2. China

9.6.5.2.1. Market Trends and Opportunities

9.6.5.2.2. Growth Prospects

9.6.5.3. India

9.6.5.3.1. Market Trends and Opportunities

9.6.5.3.2. Growth Prospects

9.6.5.4. South Korea

9.6.5.4.1. Market Trends and Opportunities

9.6.5.4.2. Growth Prospects

9.6.5.5. Indonesia

9.6.5.5.1. Market Trends and Opportunities

9.6.5.5.2. Growth Prospects

9.6.5.6. Taiwan

9.6.5.6.1. Market Trends and Opportunities

9.6.5.6.2. Growth Prospects

9.6.5.7. Others

9.6.5.7.1. Market Trends and Opportunities

9.6.5.7.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Ball Corporation

11.2. Crown Holdings Inc.

11.3. Nampak Ltd.

11.4. CCL Container (Hermitage), Inc.

11.5. Exal Corporation

11.6. Arminak & Associates LLC

11.7. Colep Scitra Aerosols

11.8. Spray Products Corporation

11.9. Mauser Packaging Solutions

11.10. DS Containers, Inc.


Ball Corporation

Crown Holdings Inc.

Nampak Ltd.

CCL Container (Hermitage), Inc.

Exal Corporation

Arminak & Associates LLC

Colep Scitra Aerosols

Spray Products Corporation

Mauser Packaging Solutions

DS Containers, Inc.