Global Aerosol Cans Industry Report: Analysis and Forecast 2022-2027
Regional Category Spend, Primary Demand, Price Analysis and Indicators, and Best Buying Practices of the Aerosol Cans Industry Report
The global Aerosol Cans industry was valued to be worth USD 19.39 billion in 2021. In the projection period of 2022-2027, the industry is expected to grow at a CAGR of around 4 percent, achieving a value of around USD 24.54 billion by 2027.
The Aerosol Cans industry report broadly studies the industry, together with important segments, movements, drivers, constraints, the competitive landscape, and other critical market features. End-use industries such as personal care, household care, automotive, and healthcare are dominating the economy. The preponderance of these cans is made of aluminum or steel, and they are a practical packaging option that fits all storage, transportation, and customer convenience needs. The Middle East and Africa and Europe are the biggest category spender by region that are impelling the demand for the aerosol cans industry.
Aerosol Cans: Industry Definition and Segmentation
Scope
An aerosol spray is a dispenser that can keep a chemical under compression and spray it as a fine mist. The device generates a liquid mist that simulates an aerosol mist. This unit is composed of a payload in a container and power under pressure. The product is driven out through a tiny opening when the container’s valve is opened, and it departs as an aerosol or mist. The canisters have been used to package a broad array of products, from disinfectants to whipped cream.
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The aerosol cans industry report comprises segments:
- By end-use: Automotive & Industrial Personal Care, Household, Food, Pharmaceutical, Paints & varnishes
- By region: The Asia Pacific, the Middle East, South America, North America, Europe, and Africa
Snapshot of the Report
The regional markets for the industry can be divided into The Asia Pacific, the Middle East, South America, North America, Europe, and Africa.
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Category Drivers
The industry is spurred by the product’s many qualities, such as the convenience of accurate dose without spilling, the airtight packing given by aerosol cans, and other factors that limit the risk of contamination. Because they are hermetically sealed and have multi-layered laminations, aerosol cans are more convenient than other packaging forms. As a result, they’re used in a variety of industries, including agricultural, automotive, personal care, medicines, and food and beverage. Cans of aluminium are commonly used in packaging. Moreover, it is lightweight, shatterproof, waterproof, flexible, corrosion-resistant, and recyclable. By preventing high volatile compounds from escaping, aluminium aerosol cans keep the contents fresh for longer. Furthermore, customer preferences are changing, affecting the overall market environment.
The demand for recyclable and reusable aerosol cans is increasing due to a preference for environmentally friendly packaging. The major businesses are attempting to improve the sustainability of their production methods. Because of its improved ease of use, accurate product application, and longer shelf life, this style of packaging has grown in popularity.
Category Insight by Region
Because of the increased concern about decreasing packaging waste, Europe, the Middle East, and Africa are the top regions in the sector. Low expenses and reduced wastage by extending the shelf life of the product further boost market potential.
Best Procurement Practices
The aerosol cans industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of aerosol cans products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Category Management Studies
The three primary components of modern aerosol spray products are the container, the valve, and the actuator or button. The container is usually made of two or three crimped metal sections that are lacquered tinplate (steel with a tin coating). The spray rate is controlled by the valve, which is crimped inside the can rim. When the user depresses the actuator, the valve opens; when the user releases the actuator, a spring closes the valve. The shape and size of the nozzle in the actuator govern the aerosolized particle size and distribution.
Key Supplier Profiles included in the Aerosol Cans Industry Report
The key market players are Ball Corporation, Crown Holdings Inc., CCL Industries Inc., Ardagh Group, EXAL Corporation.
The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments in the market.
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