Aerosol Cans Market Global Forecast, Industry Trends, Insight, Impact Of Inflation, Company Analysis
The Aerosol Cans market size is estimated to be USD 11.2 billion in 2023, and it is projected to reach USD 13.6 billion by 2028 at a CAGR of 4.0%. Aerosol cans are pressurized containers that are used to store and discharge a wide variety of items as a fine spray or mist. Metal (such as aluminum or steel) or, in certain situations, plastic is used to make these cans.
Browse 254 market data Tables and 50 Figures spread through 216 Pages and in-depth TOC on "Aerosol Cans Market by Material (Aluminium, Plastic), Product Type (1-piece cans, 3-piece cans), Type (Liquefied Gas, Compressed Gas), End-use Sector (Personal care, Healthcare, Household care), & Region-Global Forecast to 2028.
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The market is segmented on the basis of several materials that are used to make Aerosol Cans, such as steel, aluminum, plastic, and others. Aerosol Cans are used in several end-use sectors Personal care, Household care, Healthcare, Automotive, and others. In addition to this, the Aerosol Cans market is also segmented on the basis of type such as Liquefied Gas Propellant, and Compressed Gas Propellant. The Aerosol Cans market is also segmented on the basis of Product type i.e., 1-Piece Cans, and 3-Piece Cans. Some of the leading companies involved in the manufacturing of Aerosol Cans are Ball Corporation (US), Trivium Packaging (Netherlands), Crown (U.S.), Mauser Packaging Solutions (U.S.), and Toyo Seikan Co. Ltd. (Japan), and others are covered in the Aerosol Cans market. Various growth strategies such as acquisitions, product launches, expansion, partnerships, mergers, etc. have been adopted by these players to strengthen their position in the Aerosol Cans market.
Ball Corporation (US) provides metal packaging for beverages, foods, and household products. It operates through the following business segments, namely, Global Beverage Packaging, Aerospace, Aerosol Packaging, and Aluminum Cups. The Global Beverage Packaging includes beverages cans, Bevarage Ends & Tabs, .Beverage Bottles, Household & Personal Care Bottels, and Aluminum Slugs. In the Aerosol Packaging segment, the company offers several aerosol cans which can be used by various end-use sectors i.e. personal care, household care, etc. For government and commercial customers, the company designs, develops, and manufactures innovative aerospace systems and related technologies such as instruments and sensors, spacecraft and space science, electronic warfare, aerospace technology and components, radio frequency systems and components, antennas and microwave systems, and data exploitation solutions.
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Trivium Packaging (Netherlands) is a metal packaging manufacturer for the beauty, beverage, food, home care, industrial, and pharmaceutical industries. The company provides sustainable metal packaging products such as cans, bottles, kegs, slugs, and end components for major global brands of various companies by utilising a number of shaping technologies, including mechanical expansion and blow moulding, to develop standard and custom shapes based on product requirements, thereby helping to protect and promote the identity of its partners.
Crown (US) Crown is a packaging solutions company. It develops, manufactures, and distributes metal packaging products for consumer goods. Beverage cans, glass bottles, food cans and closures, aerosol cans, specialised packaging goods and transportation packaging are all part of the company's product portfolio. It also sells industrial items like paper-based protective packaging, steel and plastic strap consumables, and plastic film consumables. It caters to a variety of markets, including food, beverages, industrial, personal care, luxury products, metals, promotional, and domestic items. Crown operates through production factories and sales service centres located in the Americas, Europe, the Middle East, and Asia-Pacific.
Recent Developments
In March 2021, Trivium Packaging (Argentina) expanded the recycling and reuse of aluminum from aerosol cans in Latin America through the Creando Concienca Partnership. This is a groundbreaking recycling initiative in Argentina, which aims to raise awareness and accelerate sustainability practices for customers and the planet, further driving company toward sustainability.
In August 2020, Crown Holdings, Inc. announced its plans to start its operations at a new one-line beverage can plant in Rio Verde, Brazil.
In July 2020, Ball Corporation signed two virtual power purchase agreements to strengthen 100% European renewable energy goals.
In May 2020, Ball Corporation entered into a partnership agreement with Acosta, the leading marketing and sales agency in the consumer-packaged goods industry to represent the company's aluminum cups in retail and on-premises outlets.
In January 2020, Ball Corporation announced its plans to build a new aluminum end manufacturing facility in Bowling Green, Kentucky, US.
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Aerosol Cans Market Segments
Aerosol Cans Market, By Type
Liquefied Gas Propellant
Compressed Gas Propellant
Aerosol Cans Market, By Product Type
1-Piece Cans
3-Piece Cans
Aerosol Cans Market, By Material
Steel
Aluminum
Plastic
Others
Aerosol Cans Market, By End-use Sector
Personal care
Household care
Healthcare
Automotive
Others
Aerosol Cans Market, By Region
Asia Pacific (APAC)
North America
Europe
South America
Middle East & Africa
Table of Contents:
1 INTRODUCTION (Page No. - 32)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 AEROSOL CANS MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 LIMITATIONS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 36)
2.1 RESEARCH DATA
FIGURE 2 AEROSOL CANS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
FIGURE 3 KEY INDUSTRY INSIGHTS
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 BASE NUMBER CALCULATION
2.2.1 SUPPLY-SIDE APPROACH – 1
FIGURE 5 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 1
2.2.2 SUPPLY-SIDE APPROACH – 2
FIGURE 6 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 2
2.2.3 SUPPLY-SIDE APPROACH – 3
FIGURE 7 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 3
2.3 FACTOR ANALYSIS
2.3.1 INTRODUCTION
2.3.2 DEMAND-SIDE ANALYSIS
2.3.3 SUPPLY-SIDE ANALYSIS
2.4 MARKET SIZE ESTIMATION
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
FIGURE 10 AEROSOL CANS MARKET: DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY (Page No. - 46)
FIGURE 11 ALUMINUM LEAD AEROSOL CANS MARKET DURING FORECAST PERIOD
FIGURE 12 1-PIECE AEROSOL CANS SEGMENT TO BE LARGER SEGMENT THROUGH 2028
FIGURE 13 LIQUEFIED GAS PROPELLANT TO DOMINATE AEROSOL CANS MARKET BY 2028
FIGURE 14 PERSONAL CARE SEGMENT TO LEAD MARKET FOR AEROSOL CANS THROUGH 2028
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROSOL CANS MARKET
FIGURE 16 EMERGING COUNTRIES OFFER ATTRACTIVE OPPORTUNITIES IN AEROSOL CANS MARKET
4.2 EUROPE: AEROSOL CANS MARKET, BY MATERIAL & COUNTRY
FIGURE 17 EUROPE: UK ACCOUNTED FOR LARGEST SHARE OF AEROSOL CANS MARKET IN 2022
4.3 AEROSOL CANS MARKET, BY MATERIAL
FIGURE 18 ALUMINUM SEGMENT TO LEAD AEROSOL CANS MARKET DURING FORECAST PERIOD
4.4 AEROSOL CANS MARKET, BY END-USE SECTOR
FIGURE 19 PERSONAL CARE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
4.5 AEROSOL CANS MARKET, BY TYPE
FIGURE 20 LIQUEFIED GAS PROPELLANT TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD
4.6 AEROSOL CANS MARKET, BY PRODUCT TYPE
FIGURE 21 1-PIECE CANS TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD
4.7 AEROSOL CANS MARKET, BY KEY COUNTRY
FIGURE 22 AEROSOL CANS MARKET IN INDIA TO RECORD HIGHEST CAGR FROM 2023 TO 2028
5 MARKET OVERVIEW (Page No. - 54)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
Continued...