The aluminium aerosol cans market is projected to reach a value of US$4.4 billion in 2023 and US$7.1 billion in 2033, with a compound annual growth rate (CAGR) of 4.8% over the forecast period.
Several factors contribute to the growth of this market, including increasing urbanization, a growing population, changing lifestyles, and rising disposable income. The demand from end-user industries such as industrial, cosmetic & personal care, automotive, and household items is driving market expansion.
Aluminium aerosol cans are widely used for storing a variety of products, including shampoos, creams, hand sanitizers, lotions, and other hair and skincare products. They are also in demand for packaging topping cream and foam from food manufacturers. Additionally, aerosol cans used in automotive applications, such as sprays, polishes, and paints, contribute to the market’s growth.
Manufacturers of aluminium aerosol cans leverage advanced technology to produce high-quality, fully recyclable cans. These cans are lightweight, durable, and cost-effective, making them highly desirable in the market. The focus on hygiene, environmental responsibility, and functional packaging further drives market growth.
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The industry has seen the development of numerous types and designs of aluminium aerosol cans to cater to aesthetic preferences, expanding the overall market size.
In conclusion, the aluminium aerosol cans market is expected to grow due to factors such as urbanization, changing lifestyles, and rising disposable income. The market serves various industries and provides hygienic, environmentally responsible, and functional packaging solutions. Manufacturers’ use of advanced technology and the availability of diverse designs contribute to the market’s expansion.
Key Takeaways:
- The aluminum aerosol cans market is expected to register a valuation of US$ 7.1 billion by 2033.
- With a CAGR of 4.8%, the global market is increasing during the forecast period.
- The market in the United States is anticipated to record a CAGR of 4.0% through 2033.
- With a CAGR of 3.6%, the United Kingdom aluminum aerosol cans market significantly uplifts during the forecast period.
- The China market is expected to register a CAGR of 8.5% over the forecast period.
- France market is likely to capture a CAGR of 6.8% by 2033.
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Who is Winning?
A few of the key players fragment the market in the global market. These market players play a crucial role in the global market by innovating products through advanced sustainable technology. In addition, market vendors invest in research & development activities to acquire maximum profit in the market.
The market players are focused on recyclable aluminum aerosol cans to reduce wastage. Through distribution channels, including online, retail shops, and others, the players increase the sales of their innovative products by attracting consumers’ attention. The high quality and non-hazardous packaging products advance the market to another level. The marketing methodologies adopted by these players are mergers, collaborations, acquisitions, product launches, and partnerships.
Other Key Players in the Aluminum Aerosol Cans Market are
- Ball Corporation
- Crown Holdings, Inc.
- Alucon PCL
- CPMC Holdings Ltd
- Kian Joo Can Factory Bhd.
- CCL Industries Inc.
- Nampak Limited
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Market by Category
By Capacity Type:
- Less than 100 ml
- 100 to 250 ml
- 251 to 500 ml
- More than 500 ml
By Product Type:
- Shaped Wall
- Necked In
- Straight Wall
By End-use Industry:
- Cosmetics & Personal Care
- Household Products
- Automotive/Industrial
- Others
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