Aerosol Cans Market Size Worth USD 14.59 Billion by 2030 | A CAGR of 3.4%
The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 1, 2024 /EINPresswire.com/ -- Aerosol cans are pressurized containers that hold products that can be sprayed or dispensed as a fine mist or spray using a propellant. They typically consist of a metal can or container, a valve system, a propellant, and the product being dispensed. Aerosol cans are used for a wide range of applications, including personal care products, household cleaners, insecticides, automotive products, and spray paints. They offer a convenient and easy-to-use packaging solution, allowing products to be dispensed precisely and with minimal waste. However, some types of propellants used in aerosol cans can have harmful effects on the environment, leading to increased efforts to develop more sustainable and eco-friendly alternatives.
The aerosol cans market is expected to grow at 3.40% CAGR from 2024-2030. It is expected to reach above USD 14.59 Billion by 2030 from USD 10.80 Billion in 2023.
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Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2023
Historical Period: 2018–2023
Forecast Period: 2024–2030
Competitive Landscape
The Aerosol Cans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Aerosol Cans market.
Leading Key players included in this Report are:
Major players in the Aerosol Cans Market are identified through secondary research and their market revenues determined through primary and secondary research are: Ball Corporation, Crown Holdings Inc., CCL Container, Alltub Group., Bharat Containers, Tubex GmbH, Euro Asia Packaging (Guangdong) Co. Limited; Tecnocap S.p.A., Guangdong Sihai Iron-Printing and Tin-Making Co. Ltd., Interwaters Pte. Ltd. and Others.
Recent News
June 28, 2022 – Ball Corporation has launched its most sustainable aluminium aerosol can globally, with only half the carbon footprint of a standard can. This will help support Ball’s ambition to achieve its 2030 science-based targets and net-zero emissions prior to 2050
Jan 2021- Crown Holdings, Inc. (Crown) announced that its Brazilian subsidiary CROWN Embalagens S.A., plans to build its sixth beverage can plant in Brazil. The new two-line facility will produce two-piece aluminum cans in multiple sizes and have annual capacity of 2.4 billion cans when fully operational. The first line is expected to begin production in the second quarter of 2022, followed by the second line in the fourth quarter of 2022.
Aerosol Cans Market Segmentation:
Aerosol Cans Market by Material 2020-2029, (USD Billion), (Thousand Units).
Aluminum
Steel
Plastic
Aerosol Cans Market by Application, 2020-2029, (USD Billion), (Thousand Units).
Personal Care & Cosmetics
Home Care
Medical
Paints & Pigments
Aerosol Cans Market by Propellant, 2020-2029, (USD Billion), (Thousand Units).
Compressed Gas
Liquified Gas
Regional Outlook:
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
The North American aerosol cans market has highest market share for aerosol cans, driven by high demand for personal care and household products. The United States is the largest market in the region, accounting for the majority of the market share. The market is also influenced by strict environmental regulations, which have led to the development of eco-friendly and sustainable aerosol can products. In addition to personal care and household products, aerosol cans are also used in other industries such as automotive, paint, and food. The market is also influenced by changes in consumer behavior, such as increased demand for e-commerce and home delivery services, which have led to changes in distribution strategies for aerosol cans.
Browse Complete Summary and Table of Content:
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Key Benefits:
⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Aerosol Cans market.
⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Aerosol Cans market.
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Aerosol Cans Market
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