20-Apr-2021 | Market Research Store

Findings from Market Research Store report “Aerosol Packaging Market By Material (Tin-Plated Steel, Aluminum, Glass, Stainless Steel, Coated Glass, Plastic, and Others), By Packaging Type (Cans, Cylinders, Bottles, and Others), and By End-User (Personal Care, Household, Healthcare, Automotive, Industrial, Agriculture, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global demand for aerosol packaging market in 2019 was approximately USD 2,150  Million. The market is anticipated to grow at a CAGR of 4.7% and is anticipated to reach around USD 3,100  Million by 2026.

Rigid packaging has developed one of the most prominent forms of food packaging in the retail, industrial, automotive, and commercial industries. It not only keeps the product healthy, but it also helps to prolong its shelf life. Rigid packaging enables advertisers to improve the aesthetics of a product, making it more appealing to consumers. The advent of pressurized containers has resulted from the advancement of rigid packaging. Aerosols are usually sold in pressurized tubes. Aerosol tanks hold a payload, as well as a pressurised propellant that helps the payload escape before the container's valve, is opened. The three key components of aerosol packaging are the bottle, actuator, and valve. The valve is opened when the actuator/button is pressed. As a result, the propellant will be used to launch the payload. As the weight of the actuator is reduced, a spring raises the valve, and the payload is no longer released. There are also metered valves that can track the amount of payload ejected. The food and beverage, car, pharmaceutical, and agriculture industries all use aerosol packaging. The majority of packaged aerosol goods, on the other hand, are consumer products. Agriculture, cars, the pharmaceutical industry, and personal care goods all use aerosol derivatives. In the near future, sales of aerosol packaging are expected to benefit from increasing demand. Moreover, among the young population, the use of personal care and grooming products such as deodorants, hair sprays, and other related products is expected to aid the global market's sales growth. The selling of personal care products is expected to rise at an exponential pace, which will benefit aerosol packaging. The bulk of aerosol packaged products are used for deodorants and hair sprays. Increased sales spending by manufacturers has helped them draw a diverse consumer base, which is dominated by the younger generation. Aerosols used in the automotive, agriculture, and healthcare industries have also accounted for a significant portion of the market. The market for aerosol packaging is slowly increasing, and in the next decade, it is expected to have a positive impact on demand or sales. According to a new trend in the target market, manufacturers are investing in packaging technology innovation in order to thrive in a competitive world and to differentiate their products. However, volatile raw material costs and VOC pollution regulations can limit the target market's growth. Excessive use of aerosol products can also cause allergic reactions and other serious health problems, stifling the target market's growth.

Not only for the packaging but also for the aerosol itself, manufacturing costs are a stumbling block. There are also regulatory issues to consider when it comes to aerosol cans. Nonetheless, manufacturers can target consumers by manipulating the size and shape of aerosol packaging. Customers can use products at home as well as taking them on the road thanks to the aerosol's fast handling and containment.

The North American aerosol packaging industry is expected to grow significantly due to the increasing demand for personal care products. Furthermore, grooming product spending, as well as the population's high disposable income, are expected to drive the target market's sales growth. The Asia Pacific aerosol packaging industry is projected to contribute the majority of sales shares in the target market due to its strong production base. Other factors expected to drive target demand growth in the region include the availability of low-cost raw materials and labor. The target market's growth is expected to be fueled by rapid urbanization, disposable income, and industrialization, as well as the popularity of cosmetics and personal care products.

Some of the key players in the aerosol packaging market ArcelorMittal SA, AptarGroup, Inc., Lindal Group, Nampak Ltd., MITANI VALVE CO.,LTD, Crown Holdings, Inc., TUBEX Holding GmbH, Ball Aerosol Packaging SA, Coster Tecnologie Speciali S.p.A., CCL Container, Inc., Bharat Containers, Ardagh Group PLC, LINDAL Group, Alucon Public Company Ltd., Precision Valve Corporation, Asian Aerosol Pvt. Ltd., and Exal Corporation, among others. To gain a credible foothold in the global economy, these multinational corporations have used a range of strategies, including purchasing alliances, shares, contracts, collaborations, joint ventures, new product launches, transactions, and mergers and acquisitions. For example, CH Inc, a packaging materials company, sold 80 percent of its European tinplate commercial to private equity firm KPS Capital Partners for 2.25 billion euros (USD 2.68 billion). 44 manufacturing facilities in 17 countries throughout Europe, the Middle East, and Africa produced food containers, aerosol cans, and advertisement packaging.

Browse the full “Aerosol Packaging Market By Material (Tin-Plated Steel, Aluminum, Glass, Stainless Steel, Coated Glass, Plastic, and Others), By Packaging Type (Cans, Cylinders, Bottles, and Others), and By End-User (Personal Care, Household, Healthcare, Automotive, Industrial, Agriculture, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.marketresearchstore.com/market-insights/aerosol-packaging-market-828568

This report segments the Aerosol Packaging market as follows:

Global Aerosol Packaging Market: By Material Segmentation Analysis:

  • Tin-Plated Steel
  • Aluminum
  • Glass
  • Stainless Steel
  • Coated Glass
  • Plastic
  • Others

Global Aerosol Packaging Market: By Packaging Type Segmentation Analysis

  • Cans
  • Cylinders
  • Bottles
  • Others

Global Aerosol Packaging Market: By End Use Segmentation Analysis

  • Industrial
  • Retail

Global Aerosol Packaging Market: By End User Segmentation Analysis

  • Personal Care
  • Household
  • Healthcare
  • Automotive
  • Industrial
  • Agriculture
  • Others

Global Aerosol Packaging Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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