Aerosol cans market to grow at CAGR of 3.7%
The aerosol cans market is predicted to grow at a CAGR of 3.7% during 2021-2026, according to the latest report by IMARC Group.
The report is titled Aerosol Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.
Aerosol Cans are a self-contained dispensing system closely attached with a metering valve for dispensing required formulation in the form of streams, gel, gas, and foams.
They are extensively utilised as deodorant, disinfectant, inhalers, varnishes, air fresheners and cleaning agents.
The cans offer various benefits, such as resource efficiency, cost-effectiveness, safety, recyclability, and convenience.
The widespread adoption of aerosol cans across various industrial verticals, such as personal care, pharmaceutical, agriculture, and food and beverage (F&B), is primarily driving the market growth.
In addition to this, the rising consciousness amongst the consumers regarding the product reusability and recyclability is contributing to the market growth.
In line with this, the increasing utilisation of spray paints in the automotive industry for protecting personalised vehicles is acting as another major growth-inducing factor. Apart from this, the growing demand for personal care products and cosmetics is further creating a positive outlook for market growth.