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Aerosol Packaging Market Size is Predicted to reach USD 10.43 Billion by 2031 With CAGR of 4.8% | Rising Demand Due to Increased Use in Personal Care & Household Products

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“According to the SNS Insider report, the Aerosol Packaging Market Size is projected to rise from USD 7.15 billion in 2023 to USD 10.43 billion by 2031”

78% of reports highlighting the ease of use and portability of aerosols as a major growth driver.

This translates to rising demand across various sectors, with 65% of studies pinpointing the increasing use of aerosols in personal care and pharmaceuticals. Innovation also plays a vital role. 82% of market analysts emphasize advancements in valves and dispensing mechanisms, ensuring precise application, reduced product waste, and a more pleasant user experience.

These advancements provide to specific needs, like metered-dose valves for pharmaceuticals and fine mist sprayers for cosmetics. Finally, sustainability concerns are shaping the future. 90% of reports acknowledge the growing adoption of eco-friendly materials, recyclable components, and propellant alternatives, ensuring responsible packaging solutions.

Aerosol Packaging Market
Aerosol Packaging Market

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Major Players Listed in this Report are:

  • Berry Global Inc
  • Ball Corporation
  • Silgan Holdings Inc
  • Allied Cans Limited
  • Graham Packaging Company
  • Nampak Limited
  • Bharat Containers
  • CCL Industries
  • Crown Holdings Inc
  • Aptar Group Inc

Stringent environmental regulations are a major hurdle, with 85% of propellants traditionally used being targeted for phase-out due to their volatile organic compound (VOC) emissions.

This pushes manufacturers towards eco-friendly alternatives, but these can be more expensive and may require reformulating products. Consumer preferences are another hurdle, with 62% of shoppers expressing a desire for sustainable packaging solutions. This necessitates innovation in materials, with a shift from aluminum towards recyclable plastic, despite potential regulatory restrictions on plastic use in some regions.

Future Landscape:

The landscape of the Aerosol Packaging Market is shifting with emerging regions like Asia Pacific experiencing a rise in demand. An expanding middle class with rising disposable income exceeding 30% in some countries driving a desire for convenient and innovative packaging solutions. Furthermore, the increasing urbanization and growth of the personal care and cosmetics industry in these regions are driving the demand for aerosol cans for deodorants, hair care products, and shaving creams.

SNS Insider analysis of key Segments determining the growth and revenue pockets:

Metal cans, particularly aluminum, dominates, accounting for over 70% of the market share. Their durability and recyclability make them ideal for personal care products holds 35% share like deodorants and hairsprays, where brand image and product integrity are crucial. Plastic alternatives hold around 20%, favoured for their lightweight nature and design flexibility, are gaining traction in food and household product sectors holding 25% combined. Here, affordability and ease of use are key drivers.

Aerosol Packaging MarketKey Segments:

By Material

  • Plastic
  • Steel
  • Aluminum
  • Tin Plated Steel

By Product Type

  • Cans
  • Jars
  • Bottles & Cylinders

By End Use

  • Personal Care & Cosmetics
  • Homecare
  • Automotive
  • Agriculture
  • Pharmaceutical

Key Trends:

A 99% product evacuation rate minimizes waste, making it a consumer favourite. The personal care and cosmetics sector is a major driver, accounting for a significant portion of the market.

Sustainability concerns are pushing the development of eco-friendly options, with metal experiencing a resurgence alongside innovative materials like PET plastic.

Even the food industry is embracing aerosols, with applications in areas like whipped cream and cheese foams, showcasing the vast potential for future growth.

A growing trend is the use of aerosols for personal care products with a focus on convenience and measured application.

This is reflected in a significant rise, by 22%, of consumers opting for aerosol-based sunscreens for easier reapplication throughout the day. Similarly, the market for bag-on-valve technology, which allows for a more eco-friendly and continuous spray even when held upside down, is projected to grow by 18% by 2031. This innovation opens doors for a wider range of products, like medicated foams and household cleaning solutions, to benefit from the precise and mess-free delivery system that aerosols offer.

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Competitive Landscape:

The Aerosol Packaging Market is a competitive landscape dominated by a few major players, with Crown Holdings, Ball Corporation, and CCL Industries holding a significant share exceeding 30% collectively. These giants leverage their global reach and extensive production capabilities to provide to diverse needs.

Regional players like Bharat Containers in India and Nampak in South Africa are making inroads by offering cost-effective solutions and catering to niche markets. Interestingly, around 20% of the market share is captured by a fragmented group of small and medium-sized companies, specializing in innovative and sustainable packaging solutions.

Key Takeaways:

  • Growth is anticipated in personal care and pharmaceutical sectors, with inhalers and topical medications likely to see a rise of 4.2%.  On the other hand, stricter environmental regulations and consumer demand for eco-friendly options will push the industry towards bio-based and recycled materials.
  • Metal, particularly aluminum, will remain dominant at 68% due to its recyclability and superior barrier properties.
  • However, there will be a rise in bag-on-valve technology, a propellant-free alternative, projected to capture 8% of the market by 2031.
  • This technology is ideal for personal care products and food applications where propellant concerns exist.

Table of Contents – Key Points

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Aerosol Packaging Market Segmentation, By Material
  9. Aerosol Packaging Market Segmentation, By Product Type
  10. Aerosol Packaging Market Segmentation, By End Use
  11. Regional Analysis
  12. Company Profiles
  13. Competitive Landscape
  14. Conclusion

Continue….

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About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Akash Anand – Head of Business Development & Strategy

info@snsinsider.com

Phone: +1-415-230-0044 (US)

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