Global Aerosol Cans Market Size, Share, Opportunities, COVID-19 Impact, 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 2021 To 2026
- Published : Nov 2021
- Report Code : KSI061610540
- Pages : 114
The global aerosol cans market size is evaluated at US$71.879 billion for the year 2019 and is projected to grow at a CAGR of 3.65% to reach a market size of US$92.372 billion by the year 2026.
The aerosol cans market is expected to witness steady growth during the forecast period owing to a drastic shift in consumer preferences as the packaging factor for a product is not just about aesthetics but about creating value for storage, transportation, and ease of use.
Furthermore, the recyclability and reusability of aerosol cans act as important drivers for the growth of the market. Being made from metals, glass, or plastics (such as PET), these cans are infinitely recyclable. It also helps can users in obtaining a cost advantage in packaging, while at the same time addressing concerns about disposability, as they are manufactured in accordance with environmental regulations for decomposition. Additionally, recycling metal cans can save up to 74% of energy, leading to reduced energy consumption in product recycling. As a result, recycled cans are priced cheaper than newly manufactured cans.
The demand for aerosol cans is expected to be driven by factors such as ease of use, portability, recyclability, safety & strength, and the increased aesthetic appeal of the product. Furthermore, the growth in the personal care industry and the increase in demand for cosmetic products present a great opportunity for this market to grow in the future.
Furthermore, with the ongoing recycling trends globally, the use of recycled empty aerosol cans in normal household waste packaging enables an effective stream without causing a hazard.
The advent of COVID-19 had an adverse impact on the global Aerosol cans market. The immense downturn in the global manufacturing industry has been a significant reason for the decline in the demand for Aerosol cans at a global level. The industry was impacted by lockdowns imposed in several countries across the globe with only the necessities being allowed during the period. This resulted in a significant decline in demand during the initial months. The demand during the period was majorly driven by the rise in demand from the healthcare sector as the end-user. This was due to the possibility of airborne transmission in specific circumstances is expected to leverage the demand for aerosol can packaging. This is due to the advantage of convenience, and accurate dosing without spillage and airtight packaging provided by the aerosol cans eliminates the likelihood of contamination.
The segmentation of the global Aerosol cans market has been done into the type of can, type of material, propellent type, industry vertical, and geography. By type of can, the classification of the market has been done into Straight Wall, Necked-In, and Shaped. By type of material, the classification of the market has been done into Aluminium, Steel, Glass, and Plastic. By propellant type, the classification of the market has been done into Liquefied Gas Propellant, and Compressed Gas Propellant. By industry vertical, the classification of the market has been done into Personal Care And Cosmetics, Food And Beverage, Healthcare, Automotive, and Others. Furthermore, based on geography, the global market has been distributed in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
Infrastructural developments in the Asia Pacific are expected to drive the market in the forecast period
Increasing urbanization coupled with rapid infrastructural development in emerging economies of Asia Pacific is expected to drive the demand for such cans, leading to the increasing growth of the market in the forecast period. In addition, increasing technological developments leading to the production of advanced aerosols are expected to benefit growth. The growing use of products such as adhesives & sealants, industrial cleaners, and lubricants is expected to propel demand during the forecast period. In addition, favorable policies aimed at promoting investments in the construction and automotive industries are likely to drive the demand for aerosol in the coming years.
Various government regulations are expected to fuel the use of aerosol cans in the future
The current recycling trends going on across the globe are expected to fuel the market even further during the forecast period. The rising environmental concerns across the globe have resulted in stringent government regulations in order to promote the use of recycled products.
The global Aerosol cans market players are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the market.
Aerosol Cans Market Scope:
|Market size value in 2019||US$71.879 billion|
|Market size value in 2026||US$92.372 billion|
|Growth Rate||CAGR of 3.65% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type of can, Type of material, Propellant Type, Industry Vertical, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||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.|
|Customization scope||Free report customization with purchase|
- By Type of can
- Straight Wall
- Necked in
- By Type of material
- By Propellant type
- Liquefied Gas Propellant
- Compressed Gas Propellant
- By Industry Vertical
- Personal Care And Cosmetics
- Food And Beverage
- By Geography
- North America
- South America
- Middle East & Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
Frequently Asked Questions (FAQs)
4.3.Porters Five Forces Analysis
4.3.1.Bargaining Power of End-Users
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
5.Aerosol cans market Analysis, by Type of can
6.Aerosol cans market Analysis, by Type of material
7.Aerosol cans market Analysis, by Propellant type
7.2.Liquefied Gas Propellant
7.3.Compressed Gas Propellant
8.Aerosol cans market Analysis, by Industry vertical
8.2.Personal Care And Cosmetics
8.3.Food And Beverage
9.Aerosol cans market Analysis, by Geography
9.2.1.North America Aerosol cans market, By Type of can, 2021 to 2026
9.2.2.North America Aerosol cans market, By Type of Material, 2021 to 2026
9.2.3.North America Aerosol cans market, By Propellant type, 2021 to 2026
9.2.4.North America Aerosol cans market, By Industry vertical, 2021 to 2026
9.3.1.South America Aerosol cans market, By Type of can, 2021 to 2026
9.3.2.South America Aerosol cans market, By Type of Material, 2021 to 2026
9.3.3.South America Aerosol cans market, By Propellant type, 2021 to 2026
9.3.4.South America Aerosol cans market, By industry vertical, 2021 to 2026
9.4.1.Europe Aerosol cans market, By Type of can, 2021 to 2026
9.4.2.Europe Aerosol cans market, By Type of Material, 2021 to 2026
9.4.3.Europe Aerosol cans market, By Propellant type, 2021 to 2026
9.4.4.Europe Aerosol cans market, By industry vertical, 2021 to 2026
9.5.Middle East and Africa
9.5.1.Middle East and Africa Aerosol cans market, By Type of can, 2021 to 2026
9.5.2.Middle East and Africa Aerosol cans market, By Type of Material, 2021 to 2026
9.5.3.Middle East and Africa Aerosol cans market, By Propellant type, 2021 to 2026
9.5.4.Middle East and Africa Aerosol cans market, By Industry vertical, 2021 to 2026
9.6.1.Asia Pacific Aerosol cans market, By Type of can, 2021 to 2026
9.6.2.Asia Pacific Aerosol cans market, By Type of Material, 2021 to 2026
9.6.3.Asia Pacific Aerosol cans market, By Propellant type, 2021 to 2026
9.6.4.Asia Pacific Aerosol cans market, By Industry vertical, 2021 to 2026
10.Competitive Environment and Analysis
10.1.Major Players and Strategy Analysis
10.2.Emerging Players and Market Lucrativeness
10.3.Mergers, Acquisitions, Agreements, and Collaborations
10.4.Vendor Competitiveness Matrix
11.2.Crown Holdings Inc.
11.4.CCL Container (Hermitage), Inc.
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.
CCL Container (Hermitage), Inc.
Arminak & Associates LLC
Colep Scitra Aerosols
Spray Products Corporation
Mauser Packaging Solutions
DS Containers, Inc.
|Report Name||Published Month||Get Sample PDF|
|Asia Pacific Aerosol Cans Market Size & Share: Report, 2022-2027||Mar 2022|
|Middle East and Africa Aerosol Cans Market Size: 2022-2027||Mar 2022|
|Europe Aerosol Cans Market Size & Share: Report, 2022 - 2027||Aug 2022|
|North America Aerosol Cans Market: Industry Forecast, 2022-2027||May 2022|
|Metal Cans Market Size, Share & Trends: Industry Report, 2019 - 2024||May 2021|