Pune, India, Aug. 21, 2023 (GLOBE NEWSWIRE) -- The global aerosol cans market has a growing demand from the cosmetic industry is expected to drive the market, states Fortune Business Insights, in a report, titled “Aerosol Cans Market Size, Share & Industry Analysis and Regional Forecast, 2023-2030.” The increasing demand for household products is predicted to boost the growth of the market.
Aerosol cans are pressurized containers used to store and dispense a variety of products in the form of a fine mist or spray. They are designed to package and deliver a wide range of substances, including household, personal care, automotive, industrial, and cosmetic products. The term "aerosol" refers to the suspension of tiny particles or droplets in a gas, which is typically air.
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List of Key Players Profiled in the Aerosol Cans Market Report:
- Ball Corporation
- Crown Holdings, Inc.
- CCL Container
- Alltub Group
- Bharat Containers
- Tubex GmbH
- Tecnocap S.p.A.
- Guangdong Sihai Iron-Printing
Report Scope & Segmentation:
| Report Attributes | Details |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| No. of Pages | 100 |
| Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Segments Covered |
|
| Regions Covered |
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| Aerosol Cans Market Growth Drivers | Surging Demand for Hair Treatment Products to Augment Growth |
| Rising Production of Painting and Coatings to Favor Growth in Europe |
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Geographic Segment Analyzed in the Report:
- North America (USA and Canada)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Market Driver:
Surging Demand for Hair Treatment Products to Augment Growth
The growing inclination towards cosmetics products among consumers is expected to enable speedy expansion of the market. Likewise, the growing demand for deodorants, hairsprays, and detergents is predicted to boost the growth of the aerosol cans market. The increasing application of aerosol sprays in pest control and air improvement mechanism is likely to foster healthy growth of the market. The proclivity for health and fitness among millennials is expected to create opportunities for the aerosol cans market in the forthcoming years. The rising product development by prominent companies is expected to aid the expansion of the in the near future. Furthermore, the increasing partnerships and acquisitions among key players are expected to have a tremendous impact on the market. For instance, in March 2020, Ball Corporation announced the acquisition of Tubex Industria E Comercio de Embalagens Ltda, an aluminum aerosol packaging facility in Sao Paolo, Brazil for US$ 80 million. The plant includes eight extruded aluminum aerosol can be manufacturing lines to cater to the customers in Brazil.
Nonetheless, the hazards associated with the disposal of aerosol cans are expected to limit the growth of the in the forthcoming years. Moreover, the growing concerns about the toxicity and environmental hazard of aerosol can further dampen the growth of the aerosol cans market.
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Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the aerosol cans market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
Regional Analysis:
Rising Production of Painting and Coatings to Favor Growth in Europe
Europe is expected to lead the global market due to the flourishing cosmetic industry in the region. The growing demand for painting and coatings in automobiles is expected to foster growth in Europe. Asia Pacific is expected to experience significant growth owing to the increasing demand from China and India. The growing demand for healthcare and personal care products is predicted to facilitate the healthy growth of the market in the foreseeable future. North America is expected to account for a significant share in the global market owing to the rising demand for sustainable packaging products in the region. The Middle East and Africa are expected to grow due to the prospering food processing and cosmetics industry.
The market report includes:
- All-encompassing report of the market
- Critical insights into the market
- Dominant regions in the world
- Market drivers and restraints
- Competitive landscape
- COVID-19 impact
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Capacity Expansions, Acquisitions, Partnerships, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
- Qualitative Insights on Impact of COVID-19 on Global Aerosol Cans Market
- Supply Chain Analysis & Challenges due to Covid-19
- Steps taken by Government / Companies to Overcome this Impact
- Potential Challenges and Opportunities due to COVID-19 Outbreak
TOC Continued...!
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