Aerosol packaging demand surging in personal care and cosmetics
The global demand for aerosol packaging is expected to continue growing in 2021, according to a study by Future Market Insights (FMI).
The market is expected to surpass nearly US$6.72billion in 2021.
Rising demand for incorporating sustainable packaging solutions is primarily underpinning expansion prospects. Furthermore, FMI projects the market to rise at a CAGR of nearly 4.8% between 2021 and 2031.
Rising demand from the personal care and cosmetics industry has prompted the manufacturers to offer sustainable packaging solutions. Hence, increasing investment and rising research and development activities for green solutions are driving the sales of aerosol packaging.
Manufacturers are increasing the production of aluminium and plastic aerosol packaging as it is lightweight, has a lesser carbon footprint and is recyclable to facilitate the growing demand from personal care industry.
Also, focus on innovation in terms of sustainability are expected to widen the growth opportunities for the market players over the coming years.
Launch of innovative and sustainable designs for the production of relief sprays, air sprays and others will continue to drive the demand.
“Leading players are focusing on recyclability option and aesthetic look of the aerosol packaging to woo the end users and customers while adhering to stringent government regulations for sustainable solutions” says the FMI analyst
For more Insights into the Market, Request a Sample of this report visit: https://www.futuremarketinsights.com/reports/sample/rep-gb-4576
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