Aerosol Packaging Market Report Scope & Overview:
The Aerosol Packaging Market size was USD 7.15 billion in 2023 and is expected to Reach USD 10.43 billion by 2031 and grow at a CAGR of 4.8% over the forecast period of 2024-2031.
The United States represents a significant and rising aerosol industry, with an expected value of USD 14.10 billion in 2022. As a result of the growing Personal and Home Care Industry, the US aerosol market has grown. A positive impact on growth is expected in the US, where a strong production base for personal care products such as Estée Lauder, Johnson &Johnson and P&G are established.
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In addition, due to the increased preference for cleaning in the wake of the COVID-19 outbreak, the demand for sanitisation spray and disinfectants is expected to increase significantly in the country. The growing demand for aerosols in the household sector is expected to be supported.
KEY DRIVERS:
Increased consumption of aerosol packages made from aluminum and plastic
Due to the increased demand for aluminium and plastic aerosol packaging due to its lightweight, recyclable nature and its reduced carbon footprint, which is expected to increase the demand for personal care products, manufacturers are increasing the production of aluminium and plastic aerosol packaging.
Increasing demand in the pharmaceutical sector
RESTRAIN:
The growth of the aerosol container market is being hindered by price fluctuations in raw materials and regulatory issues
OPPORTUNITY:
Expansion into new applications
Aerosols are being applied in a broader range of applications, such as personal care, household goods, food and drink or pharmaceutical products. This gives rise to new growth opportunities on the market.
The increasing consumer demand for convenient and easy to use products makes aerosol packaging an attractive option in this regard, with many benefits
CHALLENGES:
Regulatory concerns related to aerosols production
Aerosols are subject to a wide range of laws at both domestic and International level. These Regulations are intended to safeguard human health and the environment, yet they can also have a detrimental impact on cost and complexity of production with regard to Aerosols.
The war has caused widespread disruption to global supply chains, especially for raw materials such as aluminum and steel that are essential in the manufacture of aerosol packaging. The closure of ports and maritime routes as well as the sanctions applied to Russia has put a strain on producers' ability to source these materials, resulting in shortages and delays. The price rise of raw materials, transportation and energy driven by disruptions in supply chains led to increased production costs for aerosol packaging. Since the beginning of the war, aluminium prices have risen by more than 40 % and steel prices are up over 20 %. Consumers are likely to be charged increased prices for aerosol products in response to these cost increases.
Prices of aluminum were about $2,900 per ton prior to the Second World War. Aluminum prices were around $4 000 per tonne in October 2023 and have increased by more than 37 %. Steel prices had been at least $800 per ton up until the war. Steel prices are currently at around $1,000 per ton and have gone up by over 25% since October 2023.
Aerosol products used in non-essential applications, such as personal care products and household cleaners, are likely to be more sensitive to the recession. Consumers may lose their appetite for these products or change to cheaper alternatives as a result of budgetary constraints.
The expected decline in demand for unessential aerosol products is between 5 and 10 % The anticipated decrease in demand for aerosols used on durable goods: 3% to 5%.
By Material
Plastic
Steel
Aluminum
Tin Plated Steel
The aluminium segment has dominated this market and is forecast to grow significantly in the period ahead, while also generating a revenue share of 59.6% by 2022. Aluminium is an environmental-friendly material that can be recycled multiple times.
In recent years, low weight, low cost and high recyclability of PET plastic have led to considerable demand in the plastics material segment.
By Product Type
Cans
Jars
Bottles & Cylinders
By End Use
Personal Care & Cosmetics
Homecare
Automotive
Agriculture
Pharmaceutical
Others
In 2022, personal care was the dominant market segment, accounting for 35% of total revenues. The growth in demand of hair care products and deodorants is the driving force behind this segment. Due to changing lifestyles, rising consumer spending and emphasis on gender specific products, the demand for personal care products is increasing in emerging economies.
In 2022, North America accounted for the largest revenue share of 36.5% on the aerosol packaging market. The largest producer of aerosols is also located in the region. The large share of this sector is mainly due to the significant presence of the personal care industry. The growth of the regional market is driven by factors such as high demand for cosmetics, a fast-growing fragrance industry and increasing consumer spending.
The Asia Pacific region is one of the fastest growing regions over the forecast period. China and India's governments are working to encourage more favourable investment, which is likely to provide attractive growth prospects for the market over the forecast period. Aerosol demand for personal care products, cars and paints is driven by increased consumer spending in emerging Asian economies.
Over the forecast period, Middle East and Africa are also expected to see considerable growth due to increased spending on hair care products in countries like Saudi Arabia and the United Arab Emirates.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Aerosol Packaging market are Berry Global Inc, Ball Corporation, Silgan Holdings Inc, Allied Cans Limited, Graham Packaging Company, Nampak Limited, Bharat Containers, CCL Industries, Crown Holdings Inc, Aptar Group Inc and other players.
In April 2023, Ball Corporation announces that its global aerosol packaging division has been awarded an ASTI certification of performance and chain of custody standards for aluminum.
In September 2023, Aptar Beauty is launching a range of aerosol actuators with no cap. To prevent the need for over-caps, a new range of aerosol actuators made by Aptar Beauty has been designed with an emphasis on ensuring that formulae are protected.
| Report Attributes | Details |
| Market Size in 2023 | US$ 7.15 Bn |
| Market Size by 2031 | US$ 10.43 Bn |
| CAGR | CAGR of 4.8 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (Plastic, Steel, Aluminum, Tin Plated Steel) • by Product Type (Cans, Jars, Bottles & Cylinders) • by End Use (Personal Care & Cosmetics, Homecare, Automotive, Agriculture, Pharmaceutical, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Berry Global Inc, Ball Corporation, Silgan Holdings Inc, Allied Cans Limited, Graham Packaging Company, Nampak Limited, Bharat Containers, CCL Industries, Crown Holdings Inc, Aptar Group Inc |
| Key Drivers | • Increased consumption of aerosol packages made from aluminum and plastic • Increasing demand in the pharmaceutical sector |
| Key Restraints | • The growth of the aerosol container market is being hindered by price fluctuations in raw materials and regulatory issues. |
Ans: The Aerosol Packaging Market is expected to grow at a CAGR of 4.7%.
Ans: The Aerosol Packaging Market size was USD 6.85 billion in 2022 and is expected to Reach USD 9.89 billion by 2030 .
Ans: Increased consumption of aerosol packages made from aluminum and plastic.
Ans: The growth of the aerosol container market is being hindered by price fluctuations in raw materials and regulatory issues.
Ans: In 2022, North America accounted for the largest revenue share of 36.5% on the aerosol packaging market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Aerosol Packaging Market Segmentation, By Material
8.1 Plastic
8.2 Steel
8.3 Aluminum
8.4 Tin Plated Steel
9. Aerosol Packaging Market Segmentation, By Product Type
9.1 Cans
9.2 Jars
9.3 Bottles & Cylinders
10. Aerosol Packaging Market Segmentation, By End Use
10.1 Personal Care & Cosmetics
10.2 Homecare
10.3 Automotive
10.4 Agriculture
10.5 Pharmaceutical
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Aerosol Packaging Market by Country
11.2.2 North America Aerosol Packaging Market By Material
11.2.3 North America Aerosol Packaging Market by Product Type
11.2.4 North America Aerosol Packaging Market by End Use
11.2.5 USA
11.2.5.1 USA Aerosol Packaging Market By Material
11.2.5.2 USA Aerosol Packaging Market by Product Type
11.2.5.3 USA Aerosol Packaging Market by End Use
11.2.6 Canada
11.2.6.1 Canada Aerosol Packaging Market By Material
11.2.6.2 Canada Aerosol Packaging Market by Product Type
11.2.6.3 Canada Aerosol Packaging Market by End Use
11.2.7 Mexico
11.2.7.1 Mexico Aerosol Packaging Market By Material
11.2.7.2 Mexico Aerosol Packaging Market by Product Type
11.2.7.3 Mexico Aerosol Packaging Market by End Use
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Aerosol Packaging Market by Country
11.3.1.2 Eastern Europe Aerosol Packaging Market By Material
11.3.1.3 Eastern Europe Aerosol Packaging Market by Product Type
11.3.1.4 Eastern Europe Aerosol Packaging Market by End Use
11.3.1.5 Poland
11.3.1.5.1 Poland Aerosol Packaging Market By Material
11.3.1.5.2 Poland Aerosol Packaging Market by Product Type
11.3.1.5.3 Poland Aerosol Packaging Market by End Use
11.3.1.6 Romania
11.3.1.6.1 Romania Aerosol Packaging Market By Material
11.3.1.6.2 Romania Aerosol Packaging Market by Product Type
11.3.1.6.4 Romania Aerosol Packaging Market by End Use
11.3.1.7 Turkey
11.3.1.7.1 Turkey Aerosol Packaging Market By Material
11.3.1.7.2 Turkey Aerosol Packaging Market by Product Type
11.3.1.7.3 Turkey Aerosol Packaging Market by End Use
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Aerosol Packaging Market By Material
11.3.1.8.2 Rest of Eastern Europe Aerosol Packaging Market by Product Type
11.3.1.8.3 Rest of Eastern Europe Aerosol Packaging Market by End Use
11.3.2 Western Europe
11.3.2.1 Western Europe Aerosol Packaging Market by Country
11.3.2.2 Western Europe Aerosol Packaging Market By Material
11.3.2.3 Western Europe Aerosol Packaging Market by Product Type
11.3.2.4 Western Europe Aerosol Packaging Market by End Use
11.3.2.5 Germany
11.3.2.5.1 Germany Aerosol Packaging Market By Material
11.3.2.5.2 Germany Aerosol Packaging Market by Product Type
11.3.2.5.3 Germany Aerosol Packaging Market by End Use
11.3.2.6 France
11.3.2.6.1 France Aerosol Packaging Market By Material
11.3.2.6.2 France Aerosol Packaging Market by Product Type
11.3.2.6.3 France Aerosol Packaging Market by End Use
11.3.2.7 UK
11.3.2.7.1 UK Aerosol Packaging Market By Material
11.3.2.7.2 UK Aerosol Packaging Market by Product Type
11.3.2.7.3 UK Aerosol Packaging Market by End Use
11.3.2.8 Italy
11.3.2.8.1 Italy Aerosol Packaging Market By Material
11.3.2.8.2 Italy Aerosol Packaging Market by Product Type
11.3.2.8.3 Italy Aerosol Packaging Market by End Use
11.3.2.9 Spain
11.3.2.9.1 Spain Aerosol Packaging Market By Material
11.3.2.9.2 Spain Aerosol Packaging Market by Product Type
11.3.2.9.3 Spain Aerosol Packaging Market by End Use
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Aerosol Packaging Market By Material
11.3.2.10.2 Netherlands Aerosol Packaging Market by Product Type
11.3.2.10.3 Netherlands Aerosol Packaging Market by End Use
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Aerosol Packaging Market By Material
11.3.2.11.2 Switzerland Aerosol Packaging Market by Product Type
11.3.2.11.3 Switzerland Aerosol Packaging Market by End Use
11.3.2.1.12 Austria
11.3.2.12.1 Austria Aerosol Packaging Market By Material
11.3.2.12.2 Austria Aerosol Packaging Market by Product Type
11.3.2.12.3 Austria Aerosol Packaging Market by End Use
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Aerosol Packaging Market By Material
11.3.2.13.2 Rest of Western Europe Aerosol Packaging Market by Product Type
11.3.2.13.3 Rest of Western Europe Aerosol Packaging Market by End Use
11.4 Asia-Pacific
11.4.1 Asia-Pacific Aerosol Packaging Market by country
11.4.2 Asia-Pacific Aerosol Packaging Market By Material
11.4.3 Asia-Pacific Aerosol Packaging Market by Product Type
11.4.4 Asia-Pacific Aerosol Packaging Market by End Use
11.4.5 China
11.4.5.1 China Aerosol Packaging Market By Material
11.4.5.2 China Aerosol Packaging Market by Product Type
11.4.5.3 China Aerosol Packaging Market by End Use
11.4.6 India
11.4.6.1 India Aerosol Packaging Market By Material
11.4.6.2 India Aerosol Packaging Market by Product Type
11.4.6.3 India Aerosol Packaging Market by End Use
11.4.7 Japan
11.4.7.1 Japan Aerosol Packaging Market By Material
11.4.7.2 Japan Aerosol Packaging Market by Product Type
11.4.7.3 Japan Aerosol Packaging Market by End Use
11.4.8 South Korea
11.4.8.1 South Korea Aerosol Packaging Market By Material
11.4.8.2 South Korea Aerosol Packaging Market by Product Type
11.4.8.3 South Korea Aerosol Packaging Market by End Use
11.4.9 Vietnam
11.4.9.1 Vietnam Aerosol Packaging Market By Material
11.4.9.2 Vietnam Aerosol Packaging Market by Product Type
11.4.9.3 Vietnam Aerosol Packaging Market by End Use
11.4.10 Singapore
11.4.10.1 Singapore Aerosol Packaging Market By Material
11.4.10.2 Singapore Aerosol Packaging Market by Product Type
11.4.10.3 Singapore Aerosol Packaging Market by End Use
11.4.11 Australia
11.4.11.1 Australia Aerosol Packaging Market By Material
11.4.11.2 Australia Aerosol Packaging Market by Product Type
11.4.11.3 Australia Aerosol Packaging Market by End Use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Aerosol Packaging Market By Material
11.4.12.2 Rest of Asia-Pacific Aerosol Packaging Market by Product Type
11.4.12.3 Rest of Asia-Pacific Aerosol Packaging Market by End Use
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Aerosol Packaging Market by Country
11.5.1.2 Middle East Aerosol Packaging Market By Material
11.5.1.3 Middle East Aerosol Packaging Market by Product Type
11.5.1.4 Middle East Aerosol Packaging Market by End Use
11.5.1.5 UAE
11.5.1.5.1 UAE Aerosol Packaging Market By Material
11.5.1.5.2 UAE Aerosol Packaging Market by Product Type
11.5.1.5.3 UAE Aerosol Packaging Market by End Use
11.5.1.6 Egypt
11.5.1.6.1 Egypt Aerosol Packaging Market By Material
11.5.1.6.2 Egypt Aerosol Packaging Market by Product Type
11.5.1.6.3 Egypt Aerosol Packaging Market by End Use
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Aerosol Packaging Market By Material
11.5.1.7.2 Saudi Arabia Aerosol Packaging Market by Product Type
11.5.1.7.3 Saudi Arabia Aerosol Packaging Market by End Use
11.5.1.8 Qatar
11.5.1.8.1 Qatar Aerosol Packaging Market By Material
11.5.1.8.2 Qatar Aerosol Packaging Market by Product Type
11.5.1.8.3 Qatar Aerosol Packaging Market by End Use
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Aerosol Packaging Market By Material
11.5.1.9.2 Rest of Middle East Aerosol Packaging Market by Product Type
11.5.1.9.3 Rest of Middle East Aerosol Packaging Market by End Use
11.5.2 Africa
11.5.2.1 Africa Aerosol Packaging Market by Country
11.5.2.2 Africa Aerosol Packaging Market By Material
11.5.2.3 Africa Aerosol Packaging Market by Product Type
11.5.2.4 Africa Aerosol Packaging Market by End Use
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Aerosol Packaging Market By Material
11.5.2.5.2 Nigeria Aerosol Packaging Market by Product Type
11.5.2.5.3 Nigeria Aerosol Packaging Market by End Use
11.5.2.6 South Africa
11.5.2.6.1 South Africa Aerosol Packaging Market By Material
11.5.2.6.2 South Africa Aerosol Packaging Market by Product Type
11.5.2.6.3 South Africa Aerosol Packaging Market by End Use
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Aerosol Packaging Market By Material
11.5.2.7.2 Rest of Africa Aerosol Packaging Market by Product Type
11.5.2.7.3 Rest of Africa Aerosol Packaging Market by End Use
11.6 Latin America
11.6.1 Latin America Aerosol Packaging Market by country
11.6.2 Latin America Aerosol Packaging Market By Material
11.6.3 Latin America Aerosol Packaging Market by Product Type
11.6.4 Latin America Aerosol Packaging Market by End Use
11.6.5 Brazil
11.6.5.1 Brazil Aerosol Packaging By Material
11.6.5.2 Brazil Aerosol Packaging by Product Type
11.6.5.3 Brazil Aerosol Packaging by End Use
11.6.6 Argentina
11.6.6.1 Argentina Aerosol Packaging By Material
11.6.6.2 Argentina Aerosol Packaging by Product Type
11.6.6.3 Argentina Aerosol Packaging by End Use
11.6.7 Colombia
11.6.7.1 Colombia Aerosol Packaging By Material
11.6.7.2 Colombia Aerosol Packaging by Product Type
11.6.7.3 Colombia Aerosol Packaging by End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Aerosol Packaging By Material
11.6.8.2 Rest of Latin America Aerosol Packaging by Product Type
11.6.8.3 Rest of Latin America Aerosol Packaging by End Use
12 Company profile
12.1 Berry Global Inc
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Ball Corporation
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Silgan Holdings Inc
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Allied Cans Limited
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Graham Packaging Company
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Nampak Limited
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Bharat Containers
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 CCL Industries
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Crown Holdings Inc
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Aptar Group Inc
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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