Aerosol Packaging Market Trends and Forecast
The future of the global aerosol packaging market looks promising with opportunities in the cosmetics & personal care, household product, and automotive/industrial products markets. The global aerosol packaging market is expected to reach an estimated $9.3 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are increasing demand for convenient and portable packaging solutions and growing popularity of aerosol products in personal care.
• Lucintel forecasts that aluminium is expected to witness the higher growth over the forecast period.
• Within this market, cosmetics & personal care is expected to witness the highest growth.
• Europe is expected to witness highest growth over the forecast period.
United States: In the United States, recent developments in the aerosol packaging market have seen companies like Ball Corporation focusing on sustainability initiatives. Ball Corporation announced plans to increase the production of aluminum aerosol cans to meet the growing demand for eco-friendly packaging solutions. The company aims to achieve targets for reducing carbon emissions and promoting recycling through the use of aluminum, a highly recyclable material. Additionally, the U.S. government has introduced regulations to promote the use of sustainable packaging materials and reduce environmental pollution, providing incentives for companies investing in recyclable and biodegradable packaging options.
India: In India, companies such as Hindustan Tin Works Limited have been driving developments in the aerosol packaging market with their focus on innovation and quality. Hindustan Tin Works Limited announced initiatives to introduce advanced aerosol packaging technologies aimed at improving product performance and user experience. The company aims to capture a larger share of the Indian aerosol packaging market by offering customized solutions to meet the diverse needs of manufacturers across various industries. The Indian government has set targets to promote domestic manufacturing and exports in the packaging industry, providing support for companies investing in research and development and infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aerosol Packaging by Segment
The study includes a forecast for the global aerosol packaging by type, application, and region.
Aerosol Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Aluminium
• Tin-Plated Steel
• Others
Aerosol Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cosmetics & Personal Care
• Household Product
• Automotive/Industrial Product
• Others
Aerosol Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aerosol Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerosol packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerosol packaging companies profiled in this report include-
• Ball Corporation
• Ardagh
• CCL Industries
• Aptar
• Nampak
• Tubex
• China Cans Holding
Recent Development in the Aerosol Packaging Market
AptarGroup: AptarGroup, a leading global provider of innovative dispensing solutions, has been driving developments in the aerosol packaging market with its focus on sustainability and functionality. The company recently announced its initiative to introduce more sustainable aerosol packaging solutions by leveraging recycled materials and optimizing packaging designs for recyclability. AptarGroupÄX%$%Xs efforts align with consumer demands for eco-friendly packaging options, aiming to reduce environmental impact while maintaining product performance and user experience. Additionally, AptarGroup has been investing in research and development to enhance aerosol dispensing technology, ensuring precise and controlled product delivery while minimizing waste.
Crown Holdings: Crown Holdings, a major player in the metal packaging industry, has been advancing in the aerosol packaging market with its innovative product offerings and manufacturing capabilities. The company recently introduced its new aerosol can design, featuring lightweight materials and enhanced printing techniques to provide brands with greater flexibility in packaging design and branding. Crown HoldingsÄX%$%X initiative aims to meet the evolving needs of brand owners and consumers for visually appealing and sustainable aerosol packaging solutions. Additionally, Crown Holdings has been investing in production efficiency and quality control measures to ensure the reliability and safety of its aerosol packaging products.
Ball Corporation: Ball Corporation, a leading supplier of metal packaging solutions, has been at the forefront of developments in the aerosol packaging market with its focus on product innovation and sustainability. The company recently announced its initiative to expand its portfolio of aluminum aerosol cans, catering to the growing demand for lightweight and recyclable packaging options. Ball CorporationÄX%$%Xs aluminum aerosol cans offer brands the benefits of durability, product protection, and environmental friendliness, aligning with consumer preferences for eco-friendly packaging solutions. Additionally, Ball Corporation has been investing in research and development to improve the performance and functionality of its aerosol packaging products, ensuring optimal user experience and brand differentiation.
Silgan Holdings: Silgan Holdings, a leading supplier of rigid packaging solutions, has been driving developments in the aerosol packaging market through its commitment to quality, innovation, and sustainability. The company recently announced its initiative to introduce new aerosol packaging technologies aimed at improving product safety, efficiency, and environmental performance. Silgan HoldingsÄX%$%X advanced aerosol packaging solutions leverage innovative materials and manufacturing processes to enhance product integrity, minimize waste, and reduce carbon footprint. Additionally, Silgan Holdings has been collaborating with brand owners and industry partners to develop customized aerosol packaging solutions that meet specific application requirements and market demands, ensuring customer satisfaction and market competitiveness.
Features of the Global Aerosol Packaging Market
Market Size Estimates: Aerosol packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aerosol packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Aerosol packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the aerosol packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerosol packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aerosol packaging market size?
Answer: The global aerosol packaging market is expected to reach an estimated $9.3 billion by 2030.
Q2. What is the growth forecast for aerosol packaging market?
Answer: The global aerosol packaging market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aerosol packaging market?
Answer: The major drivers for this market are increasing demand for convenient and portable packaging solutions and growing popularity of aerosol products in personal care.
Q4. What are the major segments for aerosol packaging market?
Answer: The future of the aerosol packaging market looks promising with opportunities in the cosmetics & personal care, household product, and automotive/industrial products markets.
Q5. Who are the key aerosol packaging market companies?
Answer: Some of the key aerosol packaging companies are as follows:
• Ball Corporation
• Ardagh
• CCL Industries
• Aptar
• Nampak
• Tubex
• China Cans Holding
Q6. Which aerosol packaging market segment will be the largest in future?
Answer: Lucintel forecasts that aluminium is expected to witness the higher growth over the forecast period.
Q7. In aerosol packaging market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aerosol packaging market by type (aluminium, tin-plated steel, and others), application (cosmetics & personal care, household product, automotive/industrial product, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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