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The industry size of Aerosol Cans is expected to register a CAGR of 3.5% between 2024 and 2032 due to increasing demand from the personal care and house care industries.
Selbyville, Del., March 6, 2024 (Globe Newswire) — The aerosol can market is expected to reach more than $13 billion by 2032, according to some statistics. recent research By Global Market Insights Inc.
Industry growth is driven by increasing consumer demand for convenient and portable packaging solutions. They are used in a variety of fields, including personal care, home, and the automotive industry. Aerosol packaging offers ease of use, precise dispensing, and longer shelf life, making it the preferred choice for consumers looking for practicality in everyday products. Additionally, technological advancements such as improved propellants and valve systems contribute to improved performance and safety of aerosol products, further driving market growth.
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Additionally, the rise of e-commerce and expanding distribution networks have made aerosol products more accessible. Increasing environmental awareness and regulatory efforts to reduce carbon emissions are driving manufacturers to focus on developing environmentally friendly aerosol formulations and adopting sustainable packaging practices. In June 2022, Ball Corp. launched an aluminum aerosol can with a lower carbon footprint. Sustainable aluminum aerosol cans are designed with 50% recycled content and are now available to customers around the world.
Reducing the environmental impact of liquefied gas propellants
The aerosol can market in the liquefied gas propellant segment is expected to witness sustained growth till 2032 as it offers higher efficiency, higher stability, and lower cost. These propellants provide the pressure necessary for effective dispensing while maintaining product integrity and performance. Additionally, LGP allows manufacturers to create aerosol formulations with a wide range of viscosities and consistencies, allowing for versatility in product design and application. These propellants also do not deplete the ozone layer and have a lower environmental impact compared to chlorofluorocarbon (CFC) propellants.
Increasing use in medicine
The pharmaceutical sector is expected to witness significant demand through 2032 due to advances in pharmaceutical formulations and drug delivery systems. Aerosol cans provide a convenient and efficient means of administering a variety of medications, including inhalers for respiratory illnesses, topical sprays for pain relief, and nasal sprays for allergy treatment. Furthermore, the increasing prevalence of chronic respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) has prompted the adoption of aerosol-based agents that provide effective symptom relief and improve patient quality of life. I am.
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Stringent regulations driving North American market growth
The North American aerosol cans market share is touted to expand rapidly through 2032 due to the region’s robust manufacturing industry and strong consumer demand for aerosol packaging products. These cans offer convenience, portability, and precise dispensing, making them popular in a variety of sectors including personal care, household, automotive, and healthcare. In addition, strict regulations and sustainability efforts encourage the use of environmentally friendly aerosol formulations and recyclable packaging materials, fostering the growth of local industries.
The major players involved in the aerosol cans market are Ardagh Group SA, Toyo Seikan Group Holdings Co., Ltd., Ball Corporation, Exal Corporation, CCL Container, DS Containers, Inc., and Crown Holdings, Inc.
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About Global Market Insights
Headquartered in Delaware, USA, Global Market Insights Inc. is a global market research and consulting services provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports provide our clients with insightful insights and actionable market data specifically designed and presented to support strategic decision making. These comprehensive reports are designed with unique research methodologies and are available for key industries such as chemistry, advanced materials, technology, renewable energy, and biotechnology.
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