Global Aerosol Cans Market: Industry Analysis and Forecast (2019-2026)
- POSTED ON Thursday, April 8, 2021
Global Aerosol Cans Market was valued at US$ 62.7 Bn in 2019 and is expected to reach US$ 85.98 Bn by 2026, at a CAGR of 4.03% during the forecast period.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Based on the end-user, personal care & cosmetic market is expected to hold the largest share in the market during the forecast period as a rise in the production of personal care & cosmetic industry. The growing penetration of social media such as Facebook, Instagram, Twitter, and other fashion blogs is fashioning awareness about the latest makeup trends, which is subsequently boosting the growth of the global aerosol can market. On the basis of product type, the aluminum cans segment is expected to lead the market growth during the forecast period owing to its features such as lightweight, huge standards of hygiene & safety, and high recycling rate.
Growing demand for aerosol cans from various industries such as healthcare and personal care & cosmetic and increasing innovation in the product packaging are boosting the market growth positively. The rising popularity of spray paints in the automotive industry is propelling the aerosol can market. Furthermore, the high quality of products, the rise in the economy, cost efficiency, and changing consumer preferences for packaging are other driving factors of the aerosol market. In addition, rising fashion trends is also fuelling the aerosol cans market growth in the personal care & cosmetic industry across the globe. However, growing awareness regarding health issues due to a toxic chemical acts as restraints to the market.
In terms of region, Europe is expected to hold the largest share in the market during the forecast period. The government’s strict regulations regarding waste management and the developed economy of this region are major driving factors of the aerosol can market. Germany is expected to lead the market growth in the forecast period as a rising requirement for an aerosol can owing to a solution for reducing packaging waste.
Europe has one of the largest aerosol cans markets in the cosmetic industry. Asia Pacific is expected to generate the highest CAGR during the forecast period owing to rising economies in developing countries of this region such as India and China. In these countries, the growing usage of personal care and cosmetic products and rising urbanization are boosting the market growth.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
The key market players studied, analyzed, profiled, and benchmarked in the Aerosol Cans Market are Impress Group B.V., Nampak, Aerocans, CCL Containers, Cosmeticpack, Exal Corporation, Arminak& Associates, LLC., Ball Corporation, Crown Holdings Inc.,Amcor Limited, Bemis Company, Inc., Robert Bosch GmbH, E.I. Du Pont De Nemours and Company, Tetra Laval International S.A, Greatview Aseptic Packaging Co. Ltd., Reynolds Group Holding, Schott AG, and China Aluminum Cans Holdings Limited.The Scope of the Report for Aerosol Cans Market: Inquire before buying
Global Aerosol Cans Market, by Product Type
• Steel Cans• Aluminium Cans• Glass CansGlobal Aerosol Cans Market, by End User
• Personal Care & Cosmetic• Food• Pharmaceutical• Commercial• OthersGlobal Aerosol Cans Market, by Region
• North America• Europe• Asia-Pacific• Middle East & Africa• South AmericaKey Players Operating in the Global Aerosol Cans Market
• Impress Group B.V.• Nampak• Aerocans• CCL Containers• Cosmeticpack• Exal Corporation• Arminak& Associates, LLC.• Ball Corporation• Crown Holdings Inc.• China Aluminum Cans Holdings Limited• Amcor Limited• Bemis Company, Inc.• Robert Bosch GmbH• E.I. Du Pont De Nemours and Company• Tetra Laval International S.A• Greatview Aseptic Packaging Co. Ltd.• Reynolds Group Holding• Schott AG
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