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Aerosol cans are pressurized containers in which fluidic contents are stored under high pressure. These products can be released from the aerosol cans using specialized valves and nozzles with the help of a propellant. Aerosol cans ease many industrial operations such as painting, polishing and lubricating. Furthermore, household products such as deodorants, hairsprays, and detergents also use aerosol cans for packaging. Aerosol sprays also find application in pest control and air improvement mechanism. The most vital reason behind the success of aerosol cans across the globe is the ease of use and convenience it provides to the consumer. Moreover, product development has led to the manufacture of cans with customized shapes and easy branding capabilities, which has provided a significant boost to the market.
The current generation is quite concerned about its health, fitness, and looks. The usage of cosmetics to improve one’s personality by recuperating the skin tone, texture and beauty are on the rise, especially in the countries of Asia and Latin America. Furthermore, hair treatment has also observed a sudden surge in the past few years. Many of these cosmetics and hair treatment products come in aerosol cans, due to its ease in usage. This factor is the key reason for the growth of the aerosol cans market in recent years.
Key Market Driver -
Heavy demand from the cosmetic industry to drive the market
Key Market Restraint -
Concerns regarding disposal of aerosol cans impeding the market growth
However, when the aerosol cans are unusable or cannot be emptied due to broken or defective nozzle, the cans along with their contents are deemed as hazardous waste as the contents are generally combustible and toxic. Such aerosol cans are subject to regulation regarding hazardous waste disposal and thus require specialized treatment to either get recycled or disposed of. The concerns among the consumers about the waste problem from aerosol cans deter the companies from using them for their products, which negatively affects the market growth potential.
Based on material, the market for aerosol cans is segmented into aluminum, steel (tinplate), plastic, and others. Based on type, the market is segmented into straight-wall, necked-in, shaped, and others. Based on propellant, the market is bifurcated into compressed gas and liquified gas. Based on application, the aerosol cans market is segmented into personal care & cosmetics, home care, medical, paints & pigments, food & beverage, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global aerosol cans market is moderately consolidated, with a few global & regional players operating in it. Some of the key players in the aerosol cans market include Ball Corporation; Crown Holdings, Inc.; CCL Container; Alltub Group; Aryum Metal Tüp İmalat ve San. Dış. Tic. A.Ş.; Bharat Containers; Tubex GmbH; Euro Asia Packaging (Guangdong) Co. Limited; Tecnocap S.p.A.; Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd.; and Interwaters Pte. Ltd.
The aerosol cans market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe leads the aerosol cans market on the back of the flourishing cosmetic industry in the region. Furthermore, painting and coating of automobiles manufactured in Europe has created significant growth opportunities for the aerosol cans market. The aerosol cans market is anticipated to observe increasing demand from China, India and other countries of the Asia Pacific. The augmentation of healthcare and personal care products across the region will facilitate the market to achieve considerable growth during the forecast period. North America is expected to account for a considerable share of the aerosol cans market.
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Demand for sustainable packaging products from paints & pigments manufacturers of the region is expected to be matched with continual research being carried on, which is projected to fuel the market growth. The surge of food processing and cosmetics industries in the Middle East and Africa is expected to drive the market for aerosol cans in the region. The manufacturers in Brazil are expected to lead the demand for aerosol cans in Latin America. According to the Brazilian Aerosol Association, the consumption of aerosol cans in Brazil grew to 1.2 billion units in 2017 with a CAGR of 11% between 2007 and 2017.
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