Global aerosol cans market to reach £14.8bn by 2027
The global aerosol cans market size reached $11.9 Billion in 2021 and it is expected to reach $14.8 Billion by 2027, exhibiting a CAGR of 3.7% during 2021-2027.
ResearchAndMarkets.com’s have recently published the report titled; The “Aerosol Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”.
An aerosol can is a self-contained and handheld dispenser or container that sprays out liquid particles in the form of a fine mist, spray or foam. It is usually manufactured using aluminium, steel or plastic that protects the contents from light, air, humidity, gases and micro-organisms.
It consists of a shell, valve, dip tube and a mixture of the liquid product and liquefied-gas propellant. As the valve opens, the product moves up through the dip tube and is then vaporised into fine particles by the propellant. In comparison to other packaging formats, aerosol cans are more convenient to use, are hermetically sealed and have multi-layered laminations. Owing to this, they find extensive applications across the agriculture, automotive, personal care, pharmaceutical and food and beverage industries.
The steadily increasing demand for cosmetics and personal care products across the globe is one of the key factors driving the growth of the market. This can be attributed primarily to the rising consumer expenditure capacities, along with the changing lifestyles, which are leading to the bourgeoning sales of high-quality personal care products, such as deodorants, hair sprays and body mists.
Furthermore, the growing utilisation of spray paints in the automotive industry for offering protection and personalisation to the vehicles is also providing a boost to the market growth. In addition to this, rising consumer awareness regarding the recyclability and reusability of aerosol cans is acting as another growth-inducing factor. Aluminium aerosol cans are manufactured using recyclable aluminium, thereby making them highly environment-friendly, cost-effective and energy-efficient. Other factors, including extensive product utilisation in the agriculture industry for spraying fertilisers and insecticides, are projected to drive the market further.