Aerosol Packaging Market Competitive Dynamics, Size, Global Outlook And Forecast To 2025
Summary
Aerosol Packaging Market Segments, Size, Share, Trends, Growth, Future Scope: Report by Type (Straight wall, Necked-in, and Shaped), by Material (Metal, Glass, and Plastic) and Application (Personal Care, Industrial, Pharmaceutical, and Automotive), and Region - Global Forecast till 2025
Aerosol Packaging Market Overview
Aerosol cans are dispensing systems which can disburse substances in the form of mist, spray, and foam. The packaging of personal care products has shifted from outward appearances to functional solutions which can be convenient in fast-paced lifestyles. The cans are manufactured from steel or aluminum due to being a defensive barrier against germs, humidity, and air. The global Aerosol Packaging Market report by Market Research Future (MRFR) consists of information outlining various drivers and restraints engulfing the market.
The global Aerosol Packaging Market is predicted to expand at a remarkable CAGR from 2016 to 2025 (forecast period). It can accumulate high demand from the packaging and personal care sectors. Improved consumer lifestyle backed by stable economies can drive market demand exponentially till 2025. Reliance on metal cans in the personal care sector coupled with customized designs for containers can augur well for the market.
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Key Players
- Shanghai Sunhome Industrial Company
- Crown Holdings Incorporated
- CPMC Holdings Ltd.
- Exal Corporation
- Ball Corporation
- Al-Can exports Pvt. Ltd.
- Kian Joo Can Factory Berhad
- Toyo Seikan Group Holdings, Ltd.
- Ardagh Group
- CCL Industries. Mergers, acquisitions, and novel product designs are strategies incorporated by players to gain an edge in the market.
Aerosol Packaging Market Segmentation
The Aerosol Packaging Market is segmented by type, material, and application.
By type, it is segmented into necked-in, shaped, and straight wall. The necked-in segment is expected to gain a major market share due to their aesthetic appeal. Its use ranging from deodorants to foods is likely to propel the Aerosol Packaging Market demand.
By type, it is segmented into plastic, glass, and metal. Metal cans are expected to display a strong CAGR over the assessment period owing to their demand for lightweight products. The dependence on materials such as steel and aluminum can impede segment growth due to fluctuation in prices.
By application, it is segmented into pharmaceutical, automotive, industrial, and personal care. The personal care segment is expected to create demand for the Aerosol Packaging Market due to increased expendable income levels of consumers. Rise of aging populace numbers coupled with demand for shampoos, shaving creams, deodorants, and others can augur well for the segment.
Regional Analysis
The Asia Pacific (APAC) region is expected to be lucrative for the Aerosol Packaging Market owing to immense demand in Brazil, China, and India. The food sector is expected to play a vital role in pushing the growth of the market due to dips and dressings available in cans. This is exemplified by launch of salad dressings by Serendipity which can be dispensed in whipped form. Indulgence in desserts has induced the demand for various flavors which can trigger the demand for aerosol cans.
Europe is predicted to experience growth at an ascending velocity due to the demand for personal care products in the U.K. and Germany. Skin care products, toiletries, hair care, and fragrances combined with rise in expendable income levels of consumers is likely to induce market growth in the Aerosol Packaging Market.
The North America Aerosol Packaging Market is estimated to thrive due to countries of U.S. and Canada coupled with need for dispensing systems in personal care, healthcare, and automotive.
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