Aerosol Cans Market Scope
Aerosol cans are a type of rigid packaging, used for securing and protecting various types of products from any damage caused because of jerks and shocks. Also, these cans are explicitly used for the packaging of medical products, deodorants, paints, coating and so on. Aerosols cans enable the manufacturers to transport their products safely from external conditions including heat, dust, and other contaminants, for long distances. Positive indicators from processed food industry expansion resulting to increase in consumer affordability should positively influence industry growth According to AMA, the Global Aerosol Cans market is expected to see growth rate of 3.5%
Aerosol Cans are a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Aerosol Cans market throughout the predicted period.
Ball Corporation (United States), CCL Industries Inc. (Canada), Crown Holdings Inc. (United States), WestRock Company (United States), DS Container (United States), Ardagh Packaging Holdings Limited (Luxembourg), Nampak Ltd. (South Africa), Colep Portugal S.A. (Portugal), BWAY Corporation (United States) and Exal Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Silgan (United States), Shanghai Sunhome (Group) Co. Ltd. (China) and Jamestrong Packaging (Australia).
The study have segmented the market of Global Aerosol Cans market by Type (Necked-in, Straight wall and Shaped), by Application (Personal care, Household, Healthcare, Automotive and Others (Food & Beverage, Insecticides, Sports, etc.)) and Region with country level break-up.
On the basis of geography, the market of Aerosol Cans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Technological Enhancement and Increasing Urbanization, Increasing Awareness of Eco-Friendly Packaging Solutions and The Growth in Demand for Lightweight Packaging in Various Sector
Market Growth Drivers:
The Surging Demand for Packaging Highly Sensitive Products Worldwide, Increasing Cosmetic & Personal Care Industry and Recyclability of Aerosol Cans
Stringent Government Regulations
Availability of Alternatives in Terms of Packaging and Price
Emerging Nations Provides High Growth Potential, Increasing Awareness Regarding Personal Upkeep and Hygiene and Surging Production of Automobile in Various Countries in Latin America Including Brazil, Argentina and Other
Market Leaders and their Expansionary Development Strategies
In January 2022, Sonoco, one of the largest global sustainable packaging companies, acquired Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest producer of aerosol cans in North America. Ball Metalpack is a joint venture owned by Platinum Equity and Ball Corporation.
In February 2018, Ball Corporation has announced proposals to build a one-line beverage can, end manufacturing plant in Asunción and Paraguay, and add capacity to its Buenos Aires and Argentina facilities. Moreover, the Asunción plant is anticipated to begin production in the fourth quarter of 2019, and its capacity is contracted under long-term agreements
EPA is proposing to add hazardous waste aerosol cans to those “universal wastes” regulated under title 40 of the Code of Federal Regulations (CFR), part 273. This change in the Resource Conservation and Recovery Act (RCRA) regulations, will reduce regulatory costs of a wide variety of establishments generating and managing aerosol cans, including the retail sector, by providing a clear, practical system for handling discarded aerosol cans
Key Target Audience
Aerosol Cans Manufacturers, Aerosol Cans Importers and Exporters, Traders, Distributors, and Suppliers and End Users (Food & Beverage, Healthcare, and Cosmetics & Other Sectors)
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.