South America aerosol cans market is projected to witness the growth at a CAGR of 4.04% during the forecast period to reach a total market size of US$6.015 billion by 2023, increasing from US$4.472 billion in 2017. Growing industries like automotive, healthcare, food and beverage and others in this region are driving the demand for aerosol cans. Increasing number of cosmetics and pharmaceutical industry players in this region is further contributing to the market growth. Furthermore, rising demand for light weight aerosol packaging is attracting investments by major market players into research and development. Low cost of these cans along with continuous improvements in their design on account of continuous R&D will continue to boost their demand, thus augmenting their market growth in this region over the projected period.
This research study examines the South America aerosol cans market on the basis of various segments. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the South America aerosol cans market. The report provides comprehensive forecast up to the period 2022 for various key segments, with 2016 as base year.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of the South America aerosol cans market, offering stakeholders a better understanding of the key factors affecting the overall market environment.
The first step towards determining the South America aerosol cans market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others. Both bottoms-up and top down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the South America aerosol cans value chain, who are C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Segments covered under the South America aerosol cans market reports are as below:
By Type of Aerosol
By Industry Vertical
Food and Beverage
Key industry players profiled as part of this report are Ball Corporation, Crown, Exal Corporation, Tecnocap S.p.A. and Ardagh Group S.A. among others.