Aluminum Aerosol Cans Are Projected To Rise At 5.3% CAGR Between 2022 And 2027, Surpassing A Valuation Of US$ 5.5 Bn By The End Of 2027

Necked in aluminum aerosol cans will continue to remain the top selling product, accounting for a major share of around  58.8% by 2022. Increasing adoption of necked in cans for the packaging of cosmetics and automotive paint sprays is driving their sales.  The global aluminum aerosol cans market is estimated to reach a valuation of around  US$ 4.2 Bn  in 2022. With surging demand from various industries, the overall sales of aluminum aerosol cans are projected to rise at  5.3%   CAGR  between 2022 and 2027, surpassing a valuation of  US$ 5.5 Bn  by the end of 2027.

Country-wise Insights

What Makes the U.S. a Lucrative Market for Aluminum Aerosol Cans?

The U.S. is emerging as one of the largest markets for aluminum aerosol cans owing to the increasing penetration of global brands, rising consumer spending on personal care & cosmetic products, expanding automotive industry and presence of leading market players such as Ball Corporation.

Aluminum aerosol cans have become one of the most convenient packaging solutions for majority of personal care, automotive paint sprays and healthcare products.

Rising consumer inclination towards using ecofriendly products will continue to fuel the demand for aluminum aerosol cans across the country. People are utilizing enormous personal care and cosmetic products to cope with the changing trends.

Request a Sample of this Report@  https://www.futuremarketinsights.com/reports/sample/rep-gb-2165

Aluminum Aerosol Cans Market- Critical Takeaways

• Household applications of aluminum aerosol cans have gone up strongly supported by demand for furniture cleaners, and mosquito repellants and other household aerosol products.
• Shaped wall aluminum aerosol cans are gaining traction, driven by increasing importance being given to product aesthetics.
• North America is a leading market for aluminum aerosol cans owing to higher disposable incomes of consumers and the presence of major manufacturers.

Aluminum Aerosol Cans Market- Drivers

• Strong demand for portable, lightweight packaging for personal care products contributes to market growth.
• High recyclability of aluminum, has made the material a popular choice for aerosol can producers, pushing towards sustainability initiatives.

Aluminum Aerosol Cans Market- Restraints

• Growing awareness about the environmental impact of aerosol products is a key factor hindering market growth.
• Easy availability of alternative materials to produce aerosol cans hampers market players.

Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-2165

Coronavirus Impact on Aluminum Aerosol Cans Market

The coronavirus outbreak has had a sharp impact on the demand for aluminum aerosol cans on a global scale, primarily owing to a significant slump in automotive, and personal care applications. Suspension of production activities and disruptions in supply chains for raw materials will remain challenges towards the end of 2020. Recovery is likely to be strong owing to wide scope of applications of aluminum aerosol cans, once lockdown restrictions are lifted.

Competitive Landscape

Aluminum aerosol can manufacturers are increasingly investing in acquisitions, collaborations, and production expansions. For instance, CCL Industries has set up a US$ 85 million production line upgrades. Unilever has entered a collaboration with Tubex for the production of recycled deodorant cans. Further, Ball Corp. has acquired Tubex Industria E Comercio de Embalagens Ltd.

Ball Corporation, Alucon, Tubex Holding GmbH, and Exal Corp. are some of the leading aluminum aerosol can manufacturers.

Aluminum Aerosol Cans Market by Category

By Capacity Type:

• Less than 100 ml
• 100-250ml
• 251-500 ml
• More than 500 ml

By Product Type:

• Necked In
• Shaped Wall
• Straight Wall

By End Use Industry:

• Cosmetics & Personal Care
• Household Products
• Automotive/Industrial
• Others

By Region:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
• APEJ
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of APEJ
• Japan
• MEA
  • GCC Countries
  • Israel
  • South Africa
  • Rest of MEA

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers Dubai
United Arab Emirates

LinkedIn| Twitter| Blogs 

For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com