The Aerosol Cans Market will grow at highest pace owing to rising demand for personal care and household products

The aerosol cans market deals with packaging containers that spray or dispense pressurized contents including various personal care, household, automotive and industrial products. Aerosol cans are lightweight metal or plastic containers that seal contents under pressure and allow for easy distribution of products through activation of a spray head mechanism. The products are often packaged in aerosol cans for improved portability, convenience and controlled dispensing. Commonly used contents include deodorants, air fresheners, insecticides, paints, lubricants and cleaning agents which provide an easier means of application without spills.

The Global Aerosol Cans Market is estimated to be valued at US$ 21.36 Mn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the aerosol cans market are BASF S.E., Suez S.A., Kemira OYJ, BWA Water Additives, Ecolab Inc., Cortec Corporation, DowDuPont Inc., Baker Huges Incorporated, Akzo Nobel N.V., and Solenis LLC. Key players are focusing on developing more sustainable can designs with reduced material usage without compromising strength and performance.

The rising demand for personal care and household products is a key factor driving growth of the Aerosol Cans Market. Products like hairsprays, deodorants, disinfectants witnessed increased sales during the pandemic as consumers spent more time at home focusing on personal hygiene and cleaning. Growing working women population globally also contributed to sales of personal care products packaged in aerosol cans.

Technological advancements aim to improve filling efficiency and production speeds. Players are focusing on lightweight aluminum and steel compositions that provide equal or better barrier protection. More environment-friendly propellants are being adopted to meet stringent regulations regarding ozone layer depletion and global warming potential. Connected cans with digital print capabilities also allow for product customization and tracking through supply chains.

Market Trends

Sustainable can designs - Major players are developing cans with reduced material thickness without compromising strength. Recyclable aluminum and steel compositions are gaining popularity.

Adoption of natural propellants - Regulations are phasing out hydrofluorocarbons (HFCs) used as propellants due to high global warming potential. Natural propellants like compressed air, carbon dioxide, nitrous oxide, and hydrocarbons are gaining traction.

Smart packaging technologies - Connected cans integrated with sensors, QR codes, and digital watermarks allow for product authentication, tracking through supply chain and preventing counterfeits. Customized digital prints are also enabled.

Market Opportunities

Rising demand in emerging countries - Markets in Asia Pacific and Middle East are witnessing higher sales led by increasing disposable incomes, growing sales of personal and household products.

Adoption in pharmaceuticals - Aerosol cans allow for precise dosing and offer portability benefits. They are increasingly used for applications like asthma inhalers and nasal sprays.

Impact of COVID-19 on Aerosol Cans Market Growth

The COVID-19 pandemic has significantly impacted the growth of the aerosol cans market. During the initial lockdown phases declared across various countries, the demand and supply chains were disrupted. This led to a decline in the sales of various end-use products such as personal care products, household products, automotive products, etc. which in turn negatively impacted the demand for aerosol cans. However, with the increased focus on hygiene and sanitization, the demand for disinfectants and surface cleaners increased rapidly post lockdowns. This provided some relief to the aerosol cans market, but the overall sales during 2020 declined compared to the pre-COVID levels.

The aerosol cans market is expected to witness steady growth in the post-COVID era. With most economies gradually opening up, the demand from end-use industries is estimated to regain momentum. However, the supply chains would take some time to stabilize completely. The personal care and household products segments are anticipated to lead the market recovery owing to the continued spending on personal hygiene and cleaning products. The companies operating in the aerosol cans market are focusing on strengthening their distribution networks and improving inventory management to cater to the rising demand. Overall, though short-term disruptions were witnessed, the long-term outlook for the aerosol cans market remains positive with steady gains through the forecast period.

Geographical Regions with High Concentration in Aerosol Cans Market

In terms of value, North America represents the largest regional market for aerosol cans. The United States accounts for the major share due to significant demand from diverse end-use industries. Stringent hygiene regulations in industries such as food & beverage, cosmetics, and pharmaceuticals drive the consumption of aerosol packaging in the country. Europe is another leading market, majorly contributed by Germany, United Kingdom, and France. Presence of many personal care product manufacturers boosts the sales of aerosol cans in the region. Asia Pacific is expected to witness the fastest growth owing to increasing middle-class population, rising standards of living, and growing use of packaged products in countries such as China, India, and Japan.

Fastest Growing Regional Market for Aerosol Cans

The Asia Pacific region is anticipated to emerge as the fastest growing market for aerosol cans during the forecast period. Factors such as rapid urbanization, rising disposable incomes, increasing population, and growing demand for packaged food and household products are driving the market growth. In particular, developing economies like India and China are projected to offer significant opportunities owing to strengthening economic conditions, growing consumer awareness, and expanding manufacturing base for end-use products. Additionally, improving standards of living, changing lifestyle trends, and rising focus on hygiene and personal grooming are anticipated to propel the Asia Pacific aerosol cans market in the coming years.