The global aerosol market size was USD 9.54 Billion in 2021 and is expected to register a revenue CAGR of 4.9% over the forecast period. Increasing demand in end-use industries such as personal care and wellness, pharmaceuticals, paints, automotive, and coating are driving revenue growth of the market. Aerosol is a system of liquid or solid particles, which is uniformly distributed in a finely divided state through gas and air. Aerosol particles such as mineral dust and black carbon play a significant role in a broad range of applications in deodorants, hair sprays, shaving foams, nebulizers, inhalers, and spray paints, which are driving revenue growth of the market.
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Leading Players- Akzo Nobel N.V., Arkema Inc., Linde Plc, The Chemours Company, Shell plc, Henkel AG Co., CPMC Holdings Ltd., Ball Corporation, Toyo Seikan Co. Ltd., Guangdong Sihai Iron-Printing, and Tin-Making Co., Ltd.
Market Overview:
Aerosol cans are costlier in comparison to their traditional alternatives for packaging use. The extra manufacturing cost impacts the cost of finished goods. Manufacturers are using alternatives such as bag-in-bottle container systems for continuous spray without the need for any kind of aerosol propellant. These types of sprayers deliver several environmental benefits, including efficiencies, functionality, and remarkable value. Refillable spray bottles are less expensive than aerosol cans since they are not required to be disposed of.
Packaging is an essential enabler for the everyday lives of most consumers, as it helps to support the consumer's purchasing decision. Several Consumer Packaged Goods (CPG) companies are increasingly adopting aerosol-based sustainable packaging for recycling and reusability. According to a research, aerosol cans for personal care products are 100% infinitely recyclable. As a result, several leading personal care products manufacturing companies such as Procter Gamble, Unilever, and L'Oreal are recycling and reusing aerosol-based glass, metals, or plastic containers for better sustainability and reducing cost.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Aerosol Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Aerosol Market.
By Propellant Type Outlook:
- Liquefied Gas Propellants
- Compressed Gas Propellants
By End use Outlook:
- Consumer Packaged Goods (CPG)
- Pharmaceutical
- Automotive Industrial
- Others
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Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Aerosol Market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Aerosol Market over the forecast years?
- Which are the leading players in the global Aerosol Market?
- What are the key outcomes of SWOT analysis and Porter's Five Forces analysis of the market?
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