Comprehensive Report on Global Aerosol Cans Market by Knowledge Sourcing Intelligence
Aerosol cans are normally made of metals
that are used for safely containing pressurized liquids and gases. It is also
made from a thin sheet of steel coated with another material so that the
reaction with the product and propellant can be stopped. The presence of established
retailers requires FMGC companies to innovate the packaging solutions to
attract more customers within their limited available shelf space and is one of
the major drivers of the global aerosol can market. Increasing demand for
alcoholic beverages owing to changing lifestyle patterns is also augmenting the
demand for aluminum aerosol cans. Growing personal care and the cosmetic
industry due to growth in the aging population and need to look appealing and
youthful is another factor behind the growth of the global aerosol cans market.
The high economic growth of developing countries such as China, Brazil, and
India coupled with growing urban population and living standards will propel
the growth of aerosol can market on a global level over the next five years.
Moreover, the rising disposable income, a shift in the lifestyle pattern of
consumers and growing awareness regarding personal hygiene are also boosting
the growth. Key industry participants in the market are Crown Holdings, Ball
Corporation, AeroCans, BWay, Ardagh Group, Exal Corporation, CCL Container,
Nampak, Alucon, and Avon Crowncaps and Containers.
Market Segmentation
The aerosol cans market size has been segmented by type of can, type of material, applications,
industry vertical, and geography. By type of can Straight wall, Necked-in, and
Shaped. The shaped cans segment holds a good market share and is expected to
grow at a steady pace.
By type
of material, the market is classified as Aluminium, Steel, Glass, and Plastic.
Aluminum holds a significant share of the market because of its various
benefits like being of lightweight, multiple recycling rate, and a high standard for hygiene and safety.
Sample
view of global aerosol can market.share
By
application, the market is classified as Healthcare, Industrial, Grooming
products, Household, and Others. The Industrial segment accounts for a high
share of the market due to its wide use in paints, lubricants, cleaners,
degreasers, and others. The aerosol cans market size shows that the market will gain more share from the
competitive sphere because of its widespread usage in industrial and household
segments.
By
industry vertical, the market is classified as Personal care and cosmetics,
Food and Beverage, Healthcare, Automotive, and Others. The personal care
segment accounts for a significant share of the market due to the rising demand
for personal care products, change in consumer lifestyle, and increasing disposable
income. The aerosol
cans market analysis is expected to grow due to the shift from unorganized to organized retail.
By
geography, the market is classified as North America, South America, The Middle
East and Africa, Europe, and The Asia Pacific. The Asia Pacific region holds a
major aerosol cans market share in
terms of revenue generation. The rising disposable income and improvement in
the standard of living, a shift in the lifestyle pattern of the consumers, and
growing awareness regarding personal hygiene are drivers leading the growth in
the region.
Comments
Post a Comment