The global aerosol packaging market is on the verge of reaching US$ 10.7 Bn by the year 2031 at a CAGR of 4.8% between 2022 and 2031.

Aerosol packaging has emerged as a preferred rigid packaging format that finds daily use among consumers. The rising demand from industries such as personal care & cosmetics, food & beverages, pharmaceuticals, and others will continue driving the aerosol packaging market.

Aerosol packaging consists of various features which increase their attractiveness. They are light in weight, cost-effective, temperature resistant, and offer extended product life. Aerosol packaging is available in different materials such as aluminum, tin-plated steel, plastic, and glass.

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Over the past few years, aerosol packaging is gaining popularity due to the rising use of personal care & cosmetic products. Also, with the rising concern about cleanliness is driving the sales of homecare sprays, which is ultimately bolstering the growth of aerosol packaging market.

Future Market Insights forecasts that there are ample opportunities for the manufacturer of aerosol packaging in the coming future due to the rise in usage of aerosol packaging in various sectors. The growth of aerosol packaging seems lucrative across various regions.

The expansion of personal care & cosmetics industry will remain chief growth driver in most regions. FMI has forecast over 40% of aerosol packaging to be sold in the sector in 2021.

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Aerosol Packaging Market by Category

Product Type

• Cans
• Bottles & Cylinders
• Jars

Material

• Aluminum
• Tin Plated Steel
• Plastic
• Steel

Cap Type

• Actuators
• Trigger Sprayer
• Fine Mist Sprayer
• Other Dispensing Caps
• Personal Care & Cosmetics
• Food and Beverages

Objectives of the Report:

To provide with an exhaustive analysis on the global Aerosol Packaging Market segmented by product type, material type, and region

To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

To evaluate and forecast micro-markets and the overall market

To predict the market size, in key regions (along with countries)-North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa

"Manufacturers have been focusing on customizing designs to cater to dynamic consumer requirements. There also is immense focus on make their products more recyclable to offer greater sustainability" says FMI analyst.

Rise in Demand for Aerosol Packaging in Homecare Sector

Aerosol packaging for homecare sector includes sprays used for cleaning, fragrance sprays, and others. The rising concern for health has resulted in the increasing use of various products to keep the home and workplace clean. These homecare sprays are made up of aluminium, tin-plated steel, or plastic material along with different cap types attached to them.

Moreover, these sprays are easy to use and they help cleaning the surface without worrying about the product temperature or life. Aerosol packaging used for homecare products are cost effective and easy to handle, store, and transport. On the back of these factors, the market for aerosol packaging is estimated to expand during the forecasted period.

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Who is Winning?

Ball Corporation, Crown Holdings, Inc., and Berry Global, Inc. are the top players operating in the aerosol packaging market. Furthermore, Silgan Holdings Inc., CCL Industries Inc., Aptar Group Inc., are some of the key players in the aerosol packaging market. The Tier 3 players in the market hold 60-65% in the global aerosol packaging market. In conclusion, key players contribute almost 35-40% of the global market.

FAQ:

Q-Does this report covers the new applications of Aerosol Packaging Market?

A-Yes the report covers the new applications of Aerosol Packaging Market.

Q-Does this report cover the volume tables in addition to value tables?

A-Yes the report covers the market both in terms of volume and value

Q-What is the current competitive landscape in the Aerosol Packaging Market in terms of new applications, production, and sales?

A-The market has various large, medium, and small scale players operating across the globe. Many players are constantly innovating and developing new products and expanding to developing countries where the demand is constantly growing; thereby boosting sales.

Q-Which all countries are considered in the report?

A-USA, China, Japan, Germany, UK and France are major countries considered in the report.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The post Aerosol Packaging : Top trends driving the industry to reach US$ 10.7 Bn | Exal Corporation, Nampak Ltd., Aptar Group Inc. appeared first on Future Market Insights.

Original Source of the original story >> Aerosol Packaging : Top trends driving the industry to reach US$ 10.7 Bn | Exal Corporation, Nampak Ltd., Aptar Group Inc.

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