According to a new report, published by KBV research, The Global Aerosol Cans Market size is expected to reach $14.5 billion by 2030, rising at a market growth of 3.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 20,979.1 million units experiencing a growth of 4.0% (2019-2022).
The Liquefied Gas segment is generating the maximum revenue in the Global Aerosol Cans Market by Type in 2022, thereby achieving a market value of $9.9 billion by 2030. These propellants are gases that are liquefied and stored under pressure in aerosol cans, allowing them to be released in a controlled manner when the valve is actuated. Liquefied gas propellants serve a crucial role in aerosol packaging, as they provide the force needed to propel the product out of the can when it is sprayed or dispensed. Liquefied gas propellants provide the force needed to propel the contents from the aerosol can.
The 3-piece cans segment is experiencing a CAGR of 4.4% during (2023 - 2030). Three-piece aerosol cans are highly versatile and can be used for various products, including paints, automotive products, industrial coatings, adhesives, and more. They are suitable for applications where product compatibility is essential. Three-piece cans are well-suited for products that require high integrity and protection, such as industrial coatings and chemical products. They provide a strong, reliable seal to keep the contents safe and secure. This is particularly important for certain regulated products.
The Aluminum segment is leading the Global Aerosol Cans Market by Material in 2022, thereby achieving a market value of $8.5 billion by 2030. Aluminum is a lightweight material, which makes aluminum aerosol cans easy to handle and transport. This is particularly important for products meant for personal use, where lightweight packaging is preferred. Products packaged in aluminum aerosol cans have an extended shelf life because of the material's ability to maintain the product's freshness and quality. Aluminum aerosol cans are a versatile, sustainable, and reliable choice for packaging a wide variety of products.
The Healthcare Care segment is registering a CAGR of 5.0% during (2023 - 2030). Aerosol cans are used to package medical-grade disinfectants and sanitizers. The fine mist dispensed by aerosol cans ensures even coverage of surfaces, helping healthcare professionals maintain a sterile environment. Inhalation anesthetics are used in healthcare settings for inducing general anesthesia during surgeries. These anesthetic agents are delivered via aerosol cans. Aerosol cans are used in healthcare due to their ability to dispense products with precision, reducing waste and the risk of contamination.
The North America region dominated the Global Aerosol Cans Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.6 billion by 2030. The Europe region is experiencing a CAGR of 3.6% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 4.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/aerosol-cans-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amcor Plc, Mondi Plc, The International Paper Company, DS Smith Plc., Rengo Co., Ltd., Sealed Air Corporation, Berry Global Group, Inc., CCL Industries Ltd., Sonoco Products Company, and Smurfit Kappa Group plc.
By Type (Volume, Million Units, USD Million, 2019-2030)
By Product Type (Volume, Million Units, USD Million, 2019-2030)
By Material (Volume, Million Units, USD Million, 2019-2030)
By End-use (Volume, Million Units, USD Million, 2019-2030)
By Geography (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled