Metal Aerosol Can Market Growth & Trends
The global metal aerosol can market size is expected to reach USD 12.23 billion in 2030 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. Growing demand for the product in personal care products including hair sprays, hair mousses, and hair gels and household sprays is expected to propel growth over the forecast period.
Increasing demand for portable household products such as insecticides and bug sprays is likely to drive the demand for the product over the projected period. In addition, increasing demand for food & beverage, auto care, and industrial aerosol products majorly due to rising disposable income coupled with population growth is expected to drive the demand for such containers. Furthermore, the growth of the end-use industries such as automotive and cosmetics is expected to drive the demand for the product over the projection period. However, concerns regarding toxicity of the propellants used in such containers are expected to act as a major restraint for industry growth.
The major players in the market resort to new product development as a major strategy for market domination. Furthermore, these manufacturers including Ardagh Group, Ball Corporation, and Crown Holdings Inc. operate their business through a well-established production and distribution network spread across major consumers such as the UK, the U.S., and China. The propellant and product filling companies in the market are strategically placed close to the manufacturing location in order to minimize the lead time.
The global metal aerosol can market is challenged by certain key factors including highly volatile metal prices which pose a significant threat to an aerosol can manufacturers by diminishing their margins. As a result, production volumes and revenues are highly elastic to raw material price levels which in turn impact the market growth. In addition, the various environmental compliance requirements also pose challenges to the can manufacturers worldwide. However, the rapid growth of application industries and the resultant hike in demand for metal aerosol cans are expected to help manufacturers cope with these challenges during the forecast period.
Metal Aerosol Can Market Report Highlights
- Personal care accounted for over 55% of the total revenue due to substantial demand for the product for deodorants, dry shampoos, body sprays, and hair color sprays. In addition, growing consciousness regarding personal hygiene is expected to drive the demand for personal care aerosol cans over the projection period.
- Europe accounted for over 35% of the consumption volume in 2015 due to high demand for personal care and household products coupled with the presence of a large number of propellant fillers. In addition, the demand for the product is expected to be driven by flourishing automotive industry in Germany.
- Asia Pacific is expected to register a CAGR growth of over 5% from 2016 to 2024 owing to increasing disposable income coupled with rapid development of the application industries. The abundance of low-cost raw material coupled with the presence of a dominant manufacturing base primarily in China is expected to lower the production cost of the product, leading to increased demand.
- Key participants include Ball Corporation, Crown Holdings Inc., and The Ardagh Group. Crown Holdings introduced EarthSafe Dispensing system that replaced hydrocarbons with compressed air as the propellant in a bid to provide an environment-friendly cans. The company also produced a bi-compartmented technology that prevents interaction between the propellant and product.
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Metal Aerosol Can Market Variables, Trends, & Scope
Chapter 4. Metal Aerosol Can Market: Material Estimates & Trend Analysis
Chapter 5. Metal Aerosol Can Market: Type Estimates & Trend Analysis
Chapter 6. Metal Aerosol Can Market: Product Estimates & Trend Analysis
Chapter 7. Metal Aerosol Can Market: Application Estimates & Trend Analysis
Chapter 8. Metal Aerosol Can Market: Regional Estimates & Trend Analysis
Chapter 9. Competitive Landscape
Companies Mentioned
- Ball Corporation
- Trivium Packaging
- Crown
- BWAY Corporation
- Nampak Ltd
- Toyo Seiken Co. Ltd
- CCL Containers
- COLEP Packaging
- CPMC Holdings Limited
- Guangdong Sihai Iron-Printing And Tin-Making Co.,Ltd.
- ALUCON
- Ds Containers
- Jamestrong Packaging
- ITW SEXTON
- Swan Industries(Thailand) Co., Ltd.
- Berry Global, Inc
- G. STAEHLE GMBH U. CO. KG.
- Kian Joo Can Factory Berhad
- Graham Packaging
- Massilly Holding S.A.S
- Bharat Containers .
- LINHARDT
- Technocap S.PA
- Montebello
- Spray Products
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.18 Billion |
| Forecasted Market Value ( USD | $ 12.23 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
