Aerosol Cans Market Size, Share, Segmentation, Opportunities, Trends & Future Scope to 2026, MNM Study

Aerosol Cans Market Scope

MarketsandMarkets™(marketsandmarkets.com) published a new research report on Aerosol Cans Market 2023 with 216 Pages Report and enhance with self-explained tables, pie chart and graph in smart format. In the research you will find new advance market size, latest Trends, CAGR Status, Drivers, Developing Plans, Restraints, trending technologies, Opportunities generated by targeting market associated stakeholders. The growth of the Aerosol Cans Market was mainly operate by the expand RandD spending across the globe.

The latest research study “Aerosol Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2027” by MNM, finds the global aerosol cans market reached a value of US$ 10.2 Billion in 2021. Looking forward, MNM expects the market to reach a value of US$ 12.2 Billion by 2027, exhibiting a CAGR of 3.7% during 2022-2026.

Synopsis - Research Report covers insights into the Aerosol Cans industry over the past five to eight years and forecasts until 2023-2027. The Market report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Market with Trend and Forecast 2027.

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Aerosol Cans Market Drivers & Restraints
Market drivers for aerosol cans:

Convenience and ease of use
Versatility in product application
Increased demand for personal care and household products
Growing preference for spray packaging
Rising urbanization and changing lifestyle patterns
Market restraints for aerosol cans:

Environmental concerns over air pollution
Stringent regulations regarding propellant gases
Competition from alternative packaging forms
Recycling and disposal issues
Health and safety concerns over some product ingredients.
Aerosol Cans Market Key Players

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)
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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.

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.

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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.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics.
It provides a forward-looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed based on how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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