Aerosol can market is expected to increase at a 4,70% CAGR by the end of the global forecast year in 2030. The market valuation is expected to rise to USD 10,163 million by the end of the forecasted year.
Aerosol can provides high performance while storage, transportation and high convenience to consumers due to its effective packaging solution. The major drivers of the Aerosol Can Market Share are increase in usage of aerosol paint can, technical advantage in aerosol can. The growing demand from the paint industry have fuelled the overall growth in aerosol can market. They are generally used in household and automotive industry. The increasing popularity of new innovative alternatives such as improved finishing and textures, the increase in per capita income have led to the growth of paint industry which ultimately led to the growth of aerosol can market.
Aerosol Can Market Market Research Analysis:
In 2015, Europe had the highest market share of aerosol can while APAC region is the fastest growing market during this period. U.S and Canada accounts for the high demand of aerosol can because of the high disposal income. There is an increase in the number of options for the end-product consumers because of the presence of a large number of key container fillers and end products manufacturers. To take the advantage of anticipated growth in the aerosol can market, Latin America market witnessed collaboration between companies in terms of joint ventures, mergers, and acquisition
Aerosol Can Market Scope of the Report:
This study provides an overview of the global aerosol containers market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aerosol cans market by its Type, Material, Application and Region.
The Key players in Aerosol Can market are The Ardagh Group, Crown Holdings Inc., Kian Joo Can Factory, CPMC Holdings Ltd., Exal Corporation, Presspart GmbH & Co. KG, TUBEX GmbH, Nussbaum Matzingen AG, Proctor & Gamble, Unilever PLC, Henkel AG, Reckitt Benckiser Group plc, S. C. Johnson & Son, Inc., Thymes, LLC, Crabtree & Evelyn, Ltd ,AkzoNobel N.V.
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