Aerosol Market Growth, Annual Sales, Size To Reach USD 82.49 Billion in 2028
Research Reports
Feb 03, 2022
The global Aerosol Market size is anticipate to reach USD 82.49 Billion in 2028 and register acquirement CAGR of 3.8% over the forecast period, according to a latest report by Reports & Data. A major factor driving market revenue growth is increasing demand of personal care products (such as hair spray, deodorants) due to growing social media culture and personal hygiene. Gel toothpastes, lotions and hydrating creams, cream foundations, self-tanners, makeup setting sprays and thermal waters sunscreen are some personal care items that use aerosols.
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Ongoing research and development activities and private investments in personal care, household, food, automotive and industrial, medical and paints is expected to positively impact revenue growth of the market over the forecast period.
The government emphasis on sustainability and greener economy has been resulting in rapid adoption of eco-friendly packaging products across various industries and sectors in the recent past. Aerosol product containers are ecofriendly and can be fully recyclable. Further, development and launch of more advanced aerosol products has been opening up open new and more lucrative opportunities for players operating in the global aerosol market.
Increasing investments in research in the field of medications and treatments (especially during COVID 19) is resulting in the advent of additional opportunities for further advancements in aerosol products. For instance, Aerosol disinfectants, coolants, and bandages are generally used in emergency first aid situations. Pressurized Metered Dose Inhalers or MDIs treat asthma and Chronic obstructive pulmonary disease (COPD). And aerosol anesthetics are used to relieve pain in patients from minor injuries.
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Top Key Players:
Reckitt Benckiser Group Plc, Procter & Gamble Company, S C Johnson & Son, Inc., Akzo Nobel N.V., Unilever PLC, Coster Tecnologie Speciali S.p.A. and Thymes, LLC. Ball Corporation, CCL Industries, China Cans Holding Ltd., Nampak Limited, Mitani Valve Co. Ltd., Exal Corporation, Lindal Group Holding GmbH, BWAY Corporation, Aptar Group, Crown Holdings., Bharat Containers, Precision Valve Corporation, Alucon PCL, TUBEX Group, Summit Packaging Systems Ltd. and Ardagh Group S.A.
Some Key Highlights in the Report:
On the basis of application, the market report is segmented into personal care, household, automotive & industrial, plastic surgery, food, paints, and medical. Among these, the personal care segment is expected to register a significantly rapid revenue CAGR during the forecast period due to rising disposable income and growing individual appetite for ‘clean beauty’ products.
Asia Pacific aerosol market is expected to register fastest revenue growth rate over the forecast period due to large-scale adoption of aerosol products in household, food and personal care products coupled with rapid urbanization in countries in the region.
North America aerosol market revenue is expected to remain significantly larger and dominate other regional markets over the forecast period. This can be attributed to rapid technological advancements in the field of aerosol, and growing automotive industry in countries in the region.
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Market Insights:
Rising global energy demand, increasing regulatory & environmental pressure and highly volatile oil & gas prices have put great “deal” to other alternative energy sources. There is increased awareness and commitments across firms regarding “Green” energy sources. The demand for green has been driven by environmental pollution caused by conventional energy sources. The energy industry is largely controlled by utilities sector and government in most of the emerging nations like BRIC nations .However, dynamics are drastically changing driven by new policy changes, relaxing the FDI norms in the sector, increased privatization, new capital investments of power projects by both public & private, smart grid to better manage services & reduce transmission losses, use of smart metering and and growing electricity demand.
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Application:
Personal Care
Deodorants
Hair Mousse
Hair Spray
Shaving Mousse/Foam
Others
Household
Insecticides & Plant Protection
Air Fresheners
Furniture & Wax Polishes
Others
Automotive & Industrial
Greases
Lubricants
Spray Oils
Cleaners
Food
Oils
Whipped Cream
Edible Mousse
Sprayable Flavours
Paints
Medical
Inhaler
Topical Application
Others
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About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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