Global Aerosol Container Market Overview
The Aerosol Container Market Size was estimated at 24.51 (USD Billion) in 2022. The Aerosol Container Industry is expected to grow from 26.02(USD Billion) in 2023 to 44.5 (USD Billion) by 2032. The Aerosol Container Market CAGR (growth rate) is expected to be around 6.14% during the forecast period (2023 - 2032).
Key Aerosol Container Market Trends Highlighted
Key market drivers include rising demand for personal care and cosmetic products, increasing consumer preference for convenience, and growth in the pharmaceutical sector. The growing popularity of eco-friendly packaging is creating opportunities for aerosol containers made from sustainable materials.Emerging trends include advancements in valve technology for improved spray control and precision, and the development of smart aerosol containers that integrate sensors for monitoring usage and optimizing performance. The integration of digital printing technologies enables customization and enhances the aesthetic appeal of aerosol containers.Recent advancements have focused on developing aerosol containers with enhanced barrier properties to ensure product integrity and extend shelf life. Innovations in propellant systems are aimed at reducing environmental impact and improving spray performance. Additionally, advancements in manufacturing processes optimize production efficiency and reduce costs.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Aerosol Container Market Drivers
Growing Demand for Personal Care Products
The market for aerosol containers is driven by the increasing demand for personal care products, which include deodorants, hair sprays, and shaving creams, among others. The reason is that since these products are convenient to use and convenient to carry using these containers, they are usually sold in that way. Furthermore, with the rapid growth of the world’s population and the economic development of emerging economies, there is a noticeable activity increase in the personal care market as people gain more disposable income to spend on these products.The personal care market has been worth USD 532.43 billion in 2021 and is projected to be worth USD 805.61 billion in 2028, growing at a CAGR of 5.9% during the period from 2021 to 2028. The market is growing because of a number of factors, including growing attraction to preserving personal hygiene, an increase in disposable income, and amendments in lifestyle. Moreover, as it is a trend, such activity increase may be expected in the Asia-Pacific region, as it is the one with the big population and growing income.Unfortunately, as the market for aerosol containers is highly competitive mostly due to the number of players, with several big companies having a considerable share of the market, there is a luxury in focusing on any other reasons that might affect it. Nevertheless, to stay competitive, most companies pay close attention to research and development spending to ensure there is enough innovation to create better-quality products. One of the good examples from the aerosol container market is Crown Holdings, Inc.According to Canadean, this company has introduced a new range of aerosol containers consisting of a top filled (AFTF) and neck-in bottle filled (NBF) containers with advanced dispensing systems in 2021. Both of those are promised to provide ease of use to the customer, but the primary detail to be focused on is the new dispensing system described as giving better control and more accurate dosage of fluids.
Rising Demand for Food and Beverage Products
The aerosol container market is significantly driven by the growing demand for food and beverage products. These products can include whipped cream, cooking oil, and cheese, while aerosol containers efficiently pack these foodstuffs and liquids. Due to the foodstuffs and liquids being packed, the majority of aerosol containers are made of specific polymers and metals. Globally, the processed food and beverage market was established at $7,994.94 billion in 2021, while the sales region will reach $11,594.48 billion by 2028, with a CAGR of 5.2% within the period.This substantial growth may be associated with such processes as the rising population, changing lifestyles, and rise in disposable income, while the Asia Pacific food and beverage market will demonstrate the highest growth rate, facilitated by the highest presence of the population and rise in disposable income. The aerosol container market is expected to benefit from the growing investments of key players into R aimed at creating innovative aerosol containers that meet the current requirements of the product and customers.For instance, Ball Corporation was set to release new aerosol containers in 2020 that offer improved barrier characteristics. The new containers are polyethylene-made and have improved gas barrier qualities, oxygen, and moisture, which significantly increase the product’s shelf life. Overall, the demand for food and beverage products is a significant driver of the aerosol container market. The emerging economies, accompanied by the growing population and rising disposable income, result in the growing sales of food and beverage products and generate the current development of the aerosol container market.
Increasing Environmental Concerns
The aerosol container market is driven by increasing environmental concerns. The aerosol containers are primarily made up of aluminum, which is a non-renewable resource. However, with the rising environmental concerns, there is a growing trend of using sustainable materials for the production of aerosol containers, such as plastics and glass. The sustainability market size was valued at 12.2 USD trillion in 2021, and it is expected to reach up to 32.9 USD trillion by 2028 and is expected at a significant CAGR of 14.2% over the forecast period.The growth of the sustainability market is attributed to several factors, such as increasing environmental awareness, government regulations, and increased demand among consumers for sustainable products. The market of Asia-Pacific region presents the highest growth in the sustainability market due to the presence of a huge population base and rising disposable income. The increasing demand for aerosol containers in this region directly increases the demand for the aerosol container market.Key players in the aerosol container market are engaging in research and development activities to bring more sustainable aerosol containers. For instance, in 2021, Ardagh Group launched a new line of aerosol containers made up of 100% recycled aluminum. This is expected to lower the environmental impact of the aerosol products. In conclusion, rising environmental concerns are an essential driver of the aerosol container market. The increased demand for sustainable products is expected to drive the market growth for the aerosol container.
Aerosol Container Market Segment Insights
Aerosol Container Market Material Insights
Aerosol Container Market, by Material (Metal, Plastic, and Glass), by End-Use (Personal Care, Household, and Industrial) and by Region – Forecast to 2032 The material segment is further segmented into metal, plastic, and glass. The metal segment accounted for the largest market share in 2023 and is expected to dominate the market throughout the forecast period. Metal containers have a high strength-to-weight ratio, which makes them durable. They are resistant to corrosion and can withstand high pressure; hence, they are used to store and dispense a wide range of products, including personal care, household, and industrial.The plastic segment is anticipated to witness significant growth over the forecast period. Plastic containers are lightweight, inexpensive, and versatile. They are easy to mold and can be produced in various shapes and sizes; thus, they can be used for a wide range of applications. They are resistant to break and can be easily recycled. The glass segment is expected to grow at a stable growth rate over the forecast period. Being more premium, glass containers are used for storing and dispensing high-value products, including fragrances, cosmetics, and pharmaceuticals.The market is expected to reach a valuation of USD 44.5 billion by the end of 2032. The demand for aerosol containers is increasing, owing to the rising demand from various end-use industries, such as personal care, household, and industrial. The increasing popularity of aerosol containers for dispensing products in a more convenient and efficient manner is driving the growth of the market within the review period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Aerosol Container Market Type Insights
The market segmentation by Type comprises Disposable, Reusable, and Valves. Disposable containers dominate the market, accounting for over 60% share in 2023. Their low cost and convenience make them ideal for single-use applications, such as personal care and household products. Reusable containers, on the other hand, offer environmental benefits and are gaining popularity in industries like food and beverage. Valves, which regulate the flow of products from the container, represent a significant segment of the market, driven by advancements in technology and the demand for precision dispensing.
Aerosol Container Market End-Use Industry Insights
The End-Use Industry segment plays a crucial role in shaping the Aerosol Container Market revenue. Personal Care, Household Care, Pharmaceuticals, and Industrial are the key end-use industries driving market growth. In 2023, Personal Care held the dominant share due to the rising demand for aerosol-based personal care products such as deodorants, hairsprays, and shaving foams. Household Care is another significant segment, with increasing usage of aerosols in cleaning products, air fresheners, and insecticides. The Pharmaceuticals segment is expected to witness steady growth, driven by the use of aerosols in drug delivery devices and medical applications.Industrial applications of aerosols in paints, lubricants, and adhesives are also contributing to market growth. The diverse end-use industries provide a strong foundation for the Aerosol Container Market's continued expansion, with each segment offering unique growth opportunities.
Aerosol Container Market Capacity Insights
The capacity segment plays a crucial role in the Aerosol Container Market. In 2023, the small capacity segment (less than 100ml) held the largest market share due to its extensive use in personal care and household applications. The medium capacity segment (100-250ml) is projected to witness significant growth over the forecast period, driven by rising demand from the food and beverage industry. The large capacity segment (greater than 250ml) is anticipated to grow steadily, primarily driven by increasing adoption in industrial and automotive applications.Overall, the capacity segment is expected to contribute significantly to the Aerosol Container Market revenue, which is projected to reach USD 29.45 billion by 2024, exhibiting a CAGR of 6.7% during the forecast period 2023-2032.
Aerosol Container Market Regional Insights
The Aerosol Container Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share, followed by Europe. The APAC region is expected to witness the highest growth rate during the forecast period. The growth in the APAC region is attributed to the increasing demand for aerosol products in emerging economies such as China and India. South America and MEA are expected to experience moderate growth rates during the forecast period. The Aerosol Container Market is driven by the increasing demand for personal care products, household products, and industrial products.The growing adoption of aerosol containers in various industries is also contributing to the market growth. The market is expected to witness significant growth in the coming years, owing to the increasing demand for convenience and portability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Aerosol Container Market Key Players And Competitive Insights:
Constantly striving to phase out the competition, major players in the Aerosol Container Market industry are adopting practices of developing new products. Among the Aerosol Container Market, Ball Corporation is one of the most reliable and sustainable producers. The corporation recently invested in a new plant that produces 1.5 billion aerosol cans yearly using recycled aluminum. The investment has helped Ball Corporation consolidate its position as a major player in the implementation of sustainable practices in the production of cans. Another prominent player in the Aerosol Can Market, Crown Holdings, was recognized for its ability to deliver high-end production of aerosol containers for any application. The company focuses its strategies on delivering exceptional customer service and high operational capabilities. Leading player in the industry – Ardagh Group provides a specialization in the manufacturing of an extensive range of packaging for facultative products in the aerosol industry. The manufacturing processes have allowed the company to develop customer-tailored solutions for many leading brands in the industry. Silgan Holdings has become a major player with an extensive range of packaging cans, meeting the variety of requirements of all customers within the industry. For the ability to combine advanced operational capabilities with an extensive set of customer-tailored solutions, the company is recognised as one of the best. Recognized for its wide range of innovative dispensing solutions, AptarGroup has become a well-established company in the aerosol market space. The company is known for its commitment to the environment and the ability to offer customized aerosol containers for any application.
Key Companies in the Aerosol Container Market Include:
Aerosol Container Market Industry Developments
The Aerosol Container Market size was valued at USD 21.94 billion in 2023 and is projected to grow at a CAGR of 6.14% to reach USD 44.5 billion by 2032. The market growth is attributed to the increasing demand for aerosol containers in various industries such as personal care, household, food, beverage, and pharmaceuticals. The rising awareness about the benefits of aerosol containers, such as their convenience, portability, and ease of use, is further driving the market growth.Recent news developments in the market include the launch of new products and technologies by key players. For instance, in 2023, Crown Holdings, Inc. introduced a new range of aluminum aerosol cans designed to meet the sustainability demands of the personal care and household industries. The company's EcoLogic cans are made from recycled aluminum and are fully recyclable, offering a more environmentally friendly option for aerosol packaging.Another notable development is the growing adoption of smart aerosol containers. These containers are equipped with sensors and connectivity features, allowing them to track usage patterns, monitor product levels, and provide insights into consumer behavior. Smart aerosol containers offer benefits such as improved inventory management, reduced waste, and enhanced customer engagement.
Aerosol Container Market Segmentation Insights
Aerosol Container Market Material Outlook
Aerosol Container Market Type Outlook
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Disposable
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Reusable
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Valves
Aerosol Container Market End-Use Industry Outlook
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Personal Care
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Household Care
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Pharmaceuticals
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Industrial
Aerosol Container Market Capacity Outlook
Aerosol Container Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
24.51(USD Billion) |
Market Size 2023 |
26.02(USD Billion) |
Market Size 2032 |
44.5(USD Billion) |
Compound Annual Growth Rate (CAGR) |
6.14% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
CPMC Holdings Limited, CCL Industries Inc., Toyo Seikan Group Holdings, Ltd., Ardagh Group S.A., Ball Corporation, Crown Holdings Inc., Lindal Group, Exal Corporation, Showa Denko K.K., Sonoco Products Company, Reynolds Group Holdings Limited, Risho Kogyo Co., Ltd., BWAY Corporation, United Can Company, Silgan Holdings Inc. |
Segments Covered |
Material, Type, End-Use Industry, Capacity, Regional |
Key Market Opportunities |
Eco-friendly packaging solutionsRising demand for personal careGrowth in pharmaceutical applicationsEcommerce ExpansionInnovations in dispensing technologies |
Key Market Dynamics |
Increasing demand for convenience packagingGrowing personal care and cosmetics industryRising consumer awareness of environmental sustainabilityAdvancements in valve and actuator technologyExpansion of ecommerce channels |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The aerosol container market size is expected to reach USD 26.02 billion by 2023, exhibiting a CAGR of 6.14% during the forecast period of 2023-2032.
North America and Europe are the prominent regions in the aerosol container market, collectively accounting for over 60% of the revenue. Asia Pacific is anticipated to register the highest CAGR during the forecast period due to the increasing demand for personal care and household products in emerging economies.
Personal care and household applications are the major drivers of the aerosol container market. The growing demand for convenience, portability, and ease of use is fueling the adoption of aerosol containers in various personal care products such as deodorants, hairsprays, and cosmetics
The aerosol container market is moderately fragmented, with a presence of both and regional players. Some of the prominent players in the market include Crown Holdings, Inc., Ardagh Group, Sonoco Products Company, Ball Corporation, and CCL Industries Inc.
The increasing demand for convenience packaging, rising disposable income, and growing awareness of personal hygiene are the key factors driving the growth of the aerosol container market. Additionally, advancements in technology and the introduction of eco-friendly propellants are expected to further propel market expansion.
The volatility of raw material prices, stringent environmental regulations, and growing consumer preference for sustainable packaging solutions pose challenges to the growth of the aerosol container market
The aerosol container market is expected to witness steady growth in the coming years. The increasing adoption of aerosol containers in various industries, coupled with the growing demand for portable and convenient packaging solutions, is anticipated to drive market expansion.
The integration of smart technologies, the development of sustainable and eco-friendly propellants, and the increasing popularity of personalized packaging are notable trends shaping the future of the aerosol container market.
Expanding into emerging markets, developing innovative packaging solutions, and focusing on sustainability initiatives present significant growth opportunities for players in the aerosol container market.
The COVID-19 pandemic had a moderate impact on the aerosol container market. While the demand for aerosol containers in certain applications, such as household cleaning products, increased, the overall market growth was affected by disruptions in supply chains and manufacturing operations.