Aerosol cans market to reach $14.8bn by 2027
The global aerosol cans market size reached $11.9billion in 2021 and is projected to reach $14.8billion by 2027, at a CAGR of 3.4%, according to a new report by IMARC Group.
Aerosol cans refer to self-contained and handheld dispensers or containers that spray out liquid particles in the form of a fine mist, spray, or foam.
They consist of a shell, valve, dip tube, a mixture of the liquid product and liquefied-gas propellant, etc. As the valve opens, the product moves up via the dip tube and is vaporised into fine particles by the propellant.
Aerosol cans are generally produced using aluminium, steel, plastic, etc. These containers assist in protecting the contents from light, air, humidity, gases, micro-organisms, etc.
As compared to other packaging formats, aerosol cans are hermetically sealed, more convenient to use, have multi-layered laminations, etc. Consequently, they find extensive applications across various industries, including agriculture, automotive, food and beverage (F&B), etc.
The widespread adoption of personal care products, such as deodorants, body mists, face mists, shaving foam, hair sprays, etc., is primarily driving the aerosol cans market.
Additionally, the growing utilisation of spray paints for personalised designs on automobiles is further catalysing the market growth.
Besides this, the increasing consumer awareness towards the recyclability and reusability of aerosol cans is acting as another significant growth-inducing factor.
Moreover, the escalating demand for fast-moving consumer goods (FMCG) is also positively influencing the global market.
Apart from this, the introduction of environment-friendly, cost-effective, and energy-efficient product variants that are manufactured using aluminium is anticipated to fuel the aerosol cans market over the forecasted period.