The aerosol cans market has witnessed significant growth over the years, driven by the rising demand for convenient packaging solutions in various industries such as personal care, healthcare, automotive, and household. Aerosol cans provide an efficient and user-friendly way to dispense a wide range of products, including cosmetics, household cleaners, paints, and pharmaceuticals. This article provides a comprehensive analysis of the aerosol cans market, focusing on its segmental growth and key factors driving its expansion. The global aerosol cans market size is projected to grow from USD 10.2 billion in 2021 to USD 12.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast year.
Browse 242 market data Tables and 62 Figures spread through 216 Pages and in-depth TOC on "Aerosol Cans Market by Material (Aluminum, Steel, Plastic), Product Type, Type (Liquefied Gas, and Compressed Gas), End-use Sector (Personal Care, Healthcare, Household Care, Automotive), and Region - Global Forecast to 2026"
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Ball Corporation (US), Trivium Packaging (US), Crown (US), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), Nampak Ltd. (South Africa) CCL Container (US), Colep (Portugal), CPMC Holdings Ltd. (China), Guangdong Sihai Iron-Printing and Tin-Making Co.,Ltd. (China), and others are the key players operating in the aerosol cans market.
Aerosol Cans Market Segmental Analysis:
- Material Type:
The aerosol cans market can be segmented based on the material type, including aluminum, steel, and plastic. Aluminum cans dominate the market due to their lightweight nature, recyclability, and excellent barrier properties, which help in preserving the product's integrity. Moreover, aluminum cans are extensively used in the personal care and cosmetics industry. However, plastic aerosol cans are gaining traction due to their lower cost, versatility, and increased focus on sustainability.
Aluminum is the largest material segment of the aerosol cans market.
Aluminum material segment accounted for the largest share in the global aerosol cans market during the forecast period. Aluminum is one of the most preferred materials for packaging due to its wide range of properties. It is lightweight, shatterproof, impermeable, flexible in nature, corrosion-resistant, and recyclable. Aluminum aerosol cans prevent high volatile constituents of the contents from escaping and preserve the contents for a long time. These factors attributes to the large market share of aluminum in global aerosol cans market.
- Product Type:
The market can also be segmented based on the product type, which includes straight wall, shaped, and necked-in aerosol cans. Straight wall cans are the most commonly used type, providing a large surface area for branding and labeling. Shaped cans offer unique designs and shapes, attracting consumers' attention on retail shelves. Necked-in cans have a narrower opening, allowing precise dispensing, making them suitable for personal care products, such as deodorants and hair sprays.
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Liquefied Gas Propellant is the largest type segment of the aerosol cans market.
Liquefied Gas Propellant type segment accounted for the largest share in the global aerosol cans market during the forecast period. In case of liquefied gas propellant, even when the product level drops, more propellant evaporates to maintain a continuous pressure in the space above the product. This helps to maintain the performance of the spray throughout the lifespan of the aerosol can. This attributes to the large market share of liquefied gas propellant.
1 piece aerosol cans is the largest product type segment of the aerosol cans market.
1 piece aerosol cans product type segment accounted for the largest share in the global aerosol cans market during the forecast period. This segment is witnessing growth due to the advantages it offers, such as it is leak, light & air proof, can sustain higher pressures, is unbreakable, resistant to corrosion and heat, and seamless.
- End-use Industry:
The aerosol cans market finds applications across several industries, including personal care, household, automotive, healthcare, and others. The personal care industry accounts for a significant share due to the high demand for products such as deodorants, hair sprays, and body sprays. The household segment is witnessing growth due to the increasing use of aerosol cans for air fresheners, insecticides, and cleaning agents. The healthcare industry is adopting aerosol cans for pharmaceutical products such as inhalers and topical sprays.
Personal Care is the largest end-use sector segment of the aerosol cans market.
The personal care end-use sector segment accounted for the largest share in the global aerosol cans market during the forecast period. For the personal care end-use sector, aerosol cans are used for the packaging of different products such as deodorants, face & body creams, shaving foams, and perfumes. The increasing disposable income of people in developing economies allows them to spend more on personal care products, thereby helping the aerosol cans market to grow.
APAC is the fastest-growing market for aerosol cans market.
APAC is projected to be the fastest growing market for aerosol cans during the forecast period and is projected to register the highest CAGR among all the regions. The growth in aerosol cans market in APAC region is attributed to increasing disposable income in the developing economies such as China and India. Key factors such as industrialization, growth of the convenience food industry, rise in manufacturing activities, increase in disposable income, rise in consumption level, and the growth in retail sales have contributed to the growth of the aerosol cans market during the forecast period in the region. Moreover, the spending on packed food and beauty care has increased, which is driving the demand for aerosol cans in the region.
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Aerosol Cans Market Key Growth Drivers:
- Convenience and User-Friendly Packaging:
Aerosol cans offer convenience to consumers through their easy-to-use spray mechanism, allowing precise dispensing of the product. The compact size and portability of aerosol cans make them ideal for on-the-go applications. The growing consumer preference for convenient packaging solutions is fueling the demand for aerosol cans in various industries.
- Product Innovation and Customization:
Manufacturers are focusing on product innovation and customization to cater to the diverse needs of consumers. Advanced features such as non-clogging valves, tamper-evident seals, and ergonomic designs are being incorporated into aerosol cans. Customized branding and labeling options are also gaining prominence, enabling effective marketing and differentiation of products.
- Increasing Disposable Income and Urbanization:
Rapid urbanization and rising disposable income levels in emerging economies are driving the demand for personal care and household products. Aerosol cans offer a convenient and modern packaging solution that aligns with the urban lifestyle, further propelling market growth.