The aluminium aerosol cans market is estimated to reach a value of US$4.4 billion in 2023 and US$7.1 billion in 2033, with a compound annual growth rate (CAGR) of 4.8% over the projection period.
Several factors contribute to the expansion of the market, including increased urbanization, a growing population, changing lifestyles, and rising disposable income. The end-user industries such as industrial, cosmetic & personal care, automotive, and household items are driving the market’s growth.
The use of aluminium aerosol cans for storing various products such as shampoos, creams, hand sanitizers, lotions, and other hair and skincare products is driving market expansion. Additionally, there is a growing need for aluminium aerosol cans to hold topping cream and foam from food manufacturers. The market is also propelled by the demand for aerosol cans used in automotive applications such as sprays, polishes, and paints.
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The manufacturers of aluminium aerosol cans leverage cutting-edge technology to produce high-quality, fully recyclable cans. These cans are lightweight, durable, and cost-effective, which adds to their appeal in the market. The emphasis on hygiene, environmental responsibility, and functional packaging further drives the market’s growth.
Manufacturers in the industry have developed numerous types and designs of aluminium aerosol cans, catering to aesthetic preferences, which has expanded the overall market size.
In summary, the aluminium aerosol cans market is expected to experience growth driven by factors such as urbanization, changing lifestyles, and rising disposable income. The market serves various industries and offers hygienic, environmentally responsible, and functional packaging solutions. The use of advanced technology by manufacturers and the availability of diverse designs contribute to the market’s expansion.
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Key Takeaways:
- The aluminum aerosol cans market is expected to register a valuation of US$ 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.
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.
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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
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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