Europe Aerosol Cans Market size is projected to grow at a CAGR of 2.46% to reach US$ 30.238 billion by 2027, from US$ 25.504 billion in 2020.
Aerosol cans are a dispensing mechanism that produces a liquid aerosol mist. When an aerosol can contains a payload and propellant under pressure, the payload is pushed out of a tiny hole and appears as an aerosol or mist when the can is opened. Aerosol cans have become a staple packaging type in numerous industries, particularly the personal care business, because of their robustness and convenience. Coatings, cleaning agents, air fresheners, personal care products, insecticides, and other goods are all packaged in aerosol cans.
Due to increased demand from the leading European economy's personal care and food segment, Europe accounts for a substantial portion of the market analyzed. Furthermore, the pharmaceutical industry has demonstrated an increased interest in aluminum aerosol cans due to the can's high degree of security, complemented by its ease of handling. Such factors are likely to increase regional demand. The government's campaign for sustainability, as well as industry acceptance of it, has had a significant beneficial influence on the market for aluminum aerosol cans in the region. During the projected period, demand for aerosols is predicted to increase due to higher per capita consumption in Germany, France, and Russia. Apart from the personal care industry, the pharmaceutical industry is booming, thanks to the aerosol system's ability to deliver sanitary, safe, and accurate product administration. Furthermore, since many industrial and automotive segments seek novel packaging solutions, the consumption of aerosol goods from these industries has risen fast, with a wide range of items packaged in aerosol cans. Aerosol canisters made of aluminium are becoming more popular in Europe due to the benefits they provide, such as customer friendliness and a higher level of safety. Furthermore, increasing metal aerosol container manufacturing volumes are projected to have a favourable influence on its application in a variety of end-use industries, including personal care and medicine.
The liquid component of an aerosol is dispensed as a mist or foam. Because of the excellent economic environment that encourages companies to build production facilities in the region, Europe is the world's top producer of aerosol. The aerosol can market is expected to be driven by Europe's rising focus on personal care. Furthermore, increased disposable income as a result of better work possibilities and job quality is propelling the market forward by increasing consumer spending on home goods. Manufacturers' increased R&D for product development and innovation will likely drive market demand. New product releases by FMCG firms such as Unilever, as well as the expansion of the construction and automotive sectors in emerging nations, are projected to open up new avenues for industry development.
One of the major reasons for the growth of the Europe aerosol cans market is the rising demand and preference for canned products. Favourable demographics, rising family incomes, and changing consumer lifestyles are driving growth in the region, promoting a growing demand for canned goods, and leading to the market growth of aerosol cans in the region. These variables cause lifestyle changes, resulting in a higher need for packaging and usage convenience.
Impact of COVID–19
The COVID-19 impact on the Europe aerosol cans market has been adversely owing to the production halt by industries due to the temporary lockdown implemented by several governments to break the cycle of the virus. Healthcare aerosol cans are considered important items, and their demand has grown in comparison to other aerosol cans, such as personal care, household, and automotive, during the course of the pandemic.
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