A Complete Market Forecast on Aerosol Cans

Posted by Gagan Singh on April 22nd, 2019

An aerosol is a mist that contains solid particles and/or liquid droplets. The aerosol is found in the form of clouds and is foggy in nature, containing solid microparticles, gases, and liquid droplets. However, aerosol used in spray cans is different due to its artificial nature. Aerosol used in spray cans is usually a pressurized mixture of gasses or liquefied gases which is used as a driving substance for the product. When opened, the spray valve releases a highly pressurized mixture of propellant and substance in the form of microdroplets. Earlier, the use of aerosol cans was limited to military applications and automotive industry but thanks to the technological advancements in the early 21^st century, the know-how behind aerosol can manufacturing has evolved. Aerosol cans are a common product now and many industries have adopted these as an effective packaging solution. From personal care and hygiene related products to household insecticides and deodorants, aerosol cans are everywhere.

Aerosol Cans Market Growth:

Today, the aerosol can industry has its separate market share and it is as immense as any modern industry. The latest aerosol cans market report suggests some important positive changes in the market as well. The global aerosol cans market is on the rise and is expected to grow at a Compound Annual Growth Rate (CAGR) of 3-4 percent until 2022. As per the forecast, both APAC and LATAM regions should also expect the highest ever demand at a CAGR of 6-7 percent and 4-5 percent respectively. The reasons behind this growth include emerging economies in these regions and increased disposable income of individuals. In addition, the personal care segment in both APAC and LATAM is expected to grow at a CAGR of 6-7 percent and 3-4 percent respectively.

Aerosol Cans Market Segmentation:

Aerosol cans market is highly diverse due to its use in a variety of industries. The market can be divided into multiple segments on the basis of material, propellant, type of product, industry, and shape of the can.

• Aerosol Can Material: The materials used in the manufacturing of an aerosol can are steel, glass, plastic, and aluminum. The choice of the material depends on the product itself. For instance, perfume cans are made up of glass due to their aesthetics and marketing while deodorant cans are generally made up of aluminum.

• Aerosol Can Propellant: The two major types of aerosol propellants are compressed gas propellant and liquefied gas propellants. The use of both the propellants varies according to the product and the industry.

• Type of the Product: The types of aerosol can also differ as per the product.For instance, chemical substances such as degreasers, cleaners and other automotive liquids require a non-reactive substance for storage and therefore, stainless steel cans are preferred as these are neutral to most chemicals.

• The shape of the Can: The shape of aerosol cans also vary as per the marketing, aesthetics, use, and the industry to which they belong. The most commonly found shapes are straight-wall and necked-in cans.

• Industry: Despite being used in a wide array of industries across the globe, two major industries that have predominantly adopted this sophisticated packaging solution are the personal care industry and automotive industry. Both the industries sell a majority of their products in the aerosol can packaging. Therefore, a huge market for aerosol cans is flourishing. 

Aerosol Can Market Growth Drivers:

Since aerosol cans are used in many global industries, the growth in this industry is directly proportional to the growth in related industries. In the recent past, personal care, healthcare, chemical, and automotive industries have witnessed rapid growth and as a result, the aerosol cans market is also going through a positive shift. No-touch application of various types of chemicals such as grease and paints has made them easier to use, all thanks to aerosol cans.

Urbanization, increased awareness about personal health and hygiene, and increased market penetration of established brands are major reasons for the rise in aerosol cans industry. Daily household products such as bug sprays and mosquito repellents are now available in aerosol cans. The major reasons behind such wide acceptance of aerosol cans are recyclability, ease-of-use, easy storage, and its ability to maintain the quality of the product.

Challenges for the Aerosol Cans Market:

A major challenge for the aerosol cans market is the increasing environmental concern among world governments. Policies in many nations are not in favor of aerosol cans due to the use of harmful gases as propellants. In addition, inhaling or direct contact of propellants to specific body parts may cause immediate harm as well. However, a few companies are coming up with green solutions such as separate airbags and the use of compressed air as a propellant that cause less harm to the environment.

Since their first use, aerosol cans have come a long way and today, aerosol cans are being used in almost every industry, every store, and every household. Still, the development has to go a long way and the industries have to come up with more sustainable, cost-effective, and eco-friendly solutions.