Global Aerosol packaging Market is estimated to be worth USD 7.5 billion in 2024 and is projected to grow at a CAGR of 5.0% market size of market and the forecast period is 2024 to 2032. The report analyses and forecasts the market size, in terms of value (USD million), for the market. The report segments the market and forecasts it by Material, By Product Type, By End-Use and by region/country.
Aerosol packing is a way of packaging products in containers that use fuel to discharge the contents in the form of a slight mist, foam, or spray. Aerosol packaging, invented by an American chemist Lyle D. Goodhue in 1941, The aerosol packaging market is a thriving sector of the packaging industry, owing to the waste Application in wide range of industry such as Global cosmetics industry which form one of the major consumer groups in the aerosol packaging market. They use aerosol packaging solutions for deodorants, hairsprays, shaving creams, hair mousses, sunscreens, body sprays, etc. Cleaning product manufacturers also use aerosol packaging to produce air fresheners, insect repellents, cleaning sprays, furniture polishes, and specialty household products. Pharmaceutical companies also use aerosol packaging for inhaler containers, topical sprays, ointments, painkillers, nasal sprays, disinfectants, medical disinfectants, and pharmaceutical products. Automotive product manufacturers are contributing significantly to the aerosol packaging market. They use this method to package automotive lubricants, tire inflators, rust inhibitors, etc. Aerosol packaging also has applications in the electronics industry.
Regional Analysis
North America dominates the aerosol packaging industry with the largest market share.
The aerosol packaging market is thriving in North American. Owing to factors like Aerosol’s strong regional customer base, technological improvements in packaging materials and design, and widespread adoption of aerosol-based products are all driving the growth of the North American aerosol packaging industry. Along with this the major players of packaging industry. Are investing in the Aerosol industry for instances Sonoco officials states their strategy and committed to making investments to expand circular adapted products. For that On January 26, 2022, Sonoco completed the $1.35 billion acquisition of Ball Metalpack, a leading manufacturer of sustainable, steel tinplate food and aerosol containers, along with closures and packaging components. This types of investments in the field of areole Packaging industry responsible for the major market share of north America in the world
for Instances, Can Manufacturers Institute (CMI) and the Home and Commercial Products Association (HCPA), Sonoco joined nearly 20 other companies in the aerosol value chain to develop two quantitative, time-bound goals. This means achieving at least 85% accessibility by 2030. Recycle all aerosol cans and label at least 90% of aerosols as recyclable with instructions on how to properly recycle them.
Segmentation
By Material
Aluminum is the primary material in aerosol packaging, providing strong protection for a wide range of products. Peli's die-cast waterproof cases and custom flight cases are best known for their protective covers, but the lesser-known aluminum cases also play an important role. The industry is committed to sustainability, as evidenced by the growing demand for aluminum cans with a high percentage of recycled materials. Aluminum bottles are widely used in the premium beverage and alcohol markets to package chemicals, flavors, perfumes and essential oils. Nonetheless, according to the International Organization for Manufacturers of Aluminum Aerosol Containers (AEROBAL), 2.9 billion units have been shipped worldwide, or 3.9% fewer. The most common materials used to make aerosol containers are steel and aluminum, followed by glass and plastic containers.
for Instance, In September 2023, the European range of NIVEA, 8X4, Hidrofugal and Hansaplast deodorant cans will contain at least 50% recycled aluminum, with a weight reduction of 11.6% due to material reduction.
By End User
Aerosol packaging solutions have gained a foothold in the personal care and cosmetics industry due to their simplicity, efficiency and innovation. Aerosol packaging solutions are gaining importance in the production of personal care products such as deodorant, hair spray and cosmetics, contributing to the revenue of the global market. From the end user's perspective, the personal care and cosmetics industry dominates the aerosol packaging market. Although the application and results are good, there is also a demand for aerosol packaging in these industries as some products such as hair spray use aerosol packaging to deliver good quality, air quality and reliability.
Driver:
Consumer’s preference for Aerosol Packaging in personal care product
consumers prefer aerosol packaging for personal care products due to its experienced efficacy, Ease of use, and sensory experience. As consumer preferences continue to evolve, brands are responding by offering a diverse range of aerosol-packaged products to meet varying needs this driving the growth of market along with that aerosol packaging find application in wide range of industry which waters the growth of market
Opportunity:
Meeting consumer demand for eco-friendly products.
As consumer demands for sustainability grow stronger, the packaging industry has undergone significant change. Single-use plastics and excessive packaging waste is gradually giving way to a new paradigm of sustainable packaging. Environmentally conscious consumers are increasingly looking for brands that prioritize sustainable practices, making environmentally friendly packaging a critical element of business success.
Report Attribute | Details |
Market Value in 2024 | 7.5 Billion |
Forecast in 2032 | 11.08 Billion |
CAGR | CAGR of 6.5% from 2024 to 2032 |
Base Year of forecast | 2023 |
Historical | 2019-2022 |
Units | Revenue in USD Million and CAGR from 2023 to 2032 |
Report Coverage | Revenue forecast, Industry outlook, competitive landscape, growth factors, and trends |
Segments Scope | By Product Type, By Cap Type, By Material ,By End-Use and By region/country |
Regions Covered | North America, Europe, Asia Pacific, SA and MEA |
Key Companies profiled | • Berry Global, Inc. • Ball Corporation • Aptar Group Inc • Allied Cans Limited • Crown Holdings, Inc. • SC Johnson & Son, Inc. • Henkel AG & Co. KGaA. • Beiersdorf AG. • Exal Corporation • Euro Asia Packaging • TUBEX GmbH. |