Global Aerosol Cans Market an estimated value of USD 13.28 by 2026 | Analysis By Bharat Containers, Aero-pack Industries Inc., ALUCON Public Company Limited, ARYUM Metal Tup Imalat ve San. Dis. Tic. A.S., Euroasia-p.com and Hindustan Tin Works Ltd.
Global Aerosol Cans Market Statistical Overview Report 2019-2026 gives an outstanding tool for market Survey, openings, and Vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario, up-coming data on the basis of Global Aerosol Cans Market research execution and settle on basic choices for development and benefit. It gives data on Global Aerosol Cans Market trends and advancements and sheds light on various sectors, limitations and advancements, and on the evolving structure of the market.
Market Analysis: Global Aerosol Cans Market
Global Aerosol Cans Market is estimated to grow from its initial estimated value of USD 9.89 billion in 2018 to an estimated value of USD 13.28 by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026.
This rise in market value can be attributed to the growth of the personal care and automotive industry which employs the usage of aerosol cans majorly.
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Key Market Competitors: Global Aerosol Cans Market
Few of the major competitors currently working in the aerosol cans market are- CCL Container, BALL CORPORATION, Crown, WestRock Company, Ardagh Group S.A., Nampak Ltd., DS Containers, Colep UK Ltd, BWAY Corporation, Exal Corporation, 6898hk.com, Impress Group, Arminak & Associates LLC., Bharat Containers, Aero-pack Industries Inc., ALUCON Public Company Limited, ARYUM Metal Tup Imalat ve San. Dis. Tic. A.S., Euroasia-p.com and Hindustan Tin Works Ltd.
Market Definition: Global Aerosol Cans Market
Aerosol cans are a type of packaging product that involves the usage of propellants with the mixture of products or contents of the packaging such as deodorants, coatings, paints that create a suspension of mixture and thus giving rise to aerosol particles in the packaging product. These containers are majorly hand-held and protect the contents of the package from external conditions such as heat, protection from contamination.
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Market Drivers: Global Aerosol Cans Market
Growth from personal care & cosmetics industry due to the rising adoption of beauty products from the population is expected to act as a driver to the market growth
Convenience of use and protection of contents while transporting the product is expected to drive the market growth
Market Restraints: Global Aerosol Cans Market
Presence of cheaper alternative options for packaging is expected to act as a restraint to the market growth
Presence of harmful chemicals in the aerosol cans that are used as a propellant amid growing concerns regarding the environment and health is expected to act as a restraint to the market growth
Segmentation: Global Aerosol Cans Market
By Material Type (Tinplate, Aluminum, Steel, Glass, Coated Glass, Plastic, Others), Product Type (Necked-In, Straight Wall, Shaped), Packaging Type (Cans, Cylinders, Bottles, Others), Propellant Type (Liquefied Gas Propellant, Compressed Gas Propellant), End-User (Personal Care, Home Care, Healthcare, Automotive, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Key Developments in the Market: Global Aerosol Cans Market
In February 2018, BALL CORPORATION announced their plans to install a new manufacturing plant for beverage cans in Asunción, Paraguay and expand the capacity of the manufacturing plant in Buenos Aires, Argentina.
In May 2017, Crown announced the inauguration of its beverage can manufacturing plant situated in Nichols, New York. This production plant was constructed to meet the growing demands of beverage cans in the region.
Competitive Analysis: Global Aerosol Cans Market
Global aerosol cans market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aerosol cans market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Insights in the report: Global Aerosol Cans Market
Complete market analysis and forecasting
Market definition, understanding the concept of aerosol cans
Market drivers and restraints of the industry
Market segmentations and market share divided amongst them
Key players in the market and their analysis
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