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Eco-Friendly Aerosol Cans: Sustainable Packaging Solutions

user image 2023-07-28
By: Stephen233
Posted in: Business
Eco-Friendly Aerosol Cans: Sustainable Packaging Solutions

The Aerosol Cans industry produces containers designed to hold and dispense aerosol products, such as sprays and foams. Its scope includes applications in various end-use industries, such as personal care, household products, automotive, healthcare, and industrial sectors. Aerosol cans are used for packaging and delivering a wide range of products, including cosmetics, insecticides, air fresheners, paints, lubricants, and pharmaceuticals. They offer convenience, controlled dispensing, and protection of the product inside, making them popular in consumer and industrial applications. The aerosol cans market is projected to reach USD 12.2 billion by 2026, with an expected CAGR of 3.7% between 2021 and 2026. The  aerosol cans market size   is projected to grow from USD 10.2 billion in 2021 to USD 12.2 billion by 2026, at a CAGR of 3.7%. The aerosol cans market is witnessing growing demand from end-use industries such as personal care, household care, automotive, healthcare, and others.

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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Aerosol Cans Market Dynamics

  • Driver: Recyclability of aerosol cans
  • Restraint: Availability of alternatives in terms of packaging and price
  • Opportunity: Emerging economies offer high growth potential
  • Challenges: Stringent government reulations  

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.

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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.

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 Players Analysis:

 

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.

Ball Corporation is one of the worldfs leading suppliers of aluminum packaging for the beverage, personal care, and household products industries. The company broadened its geographic footprint and innovative portfolio in the aluminum beverage packaging business; it used to produce only 15 can varieties in 39 global locations but now produces 40 different can and bottle sizes. The company eyes to accelerate its business as beverage substrate preferences shift to the most sustainable alternative—aluminum beverage packaging. The company has operations across the Americas, Europe, Asia Pacific, and the Middle East & Africa. The major competitor of Ball Corporation is Crown Holdings, Inc. headquartered in Pennsylvania, US.

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