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Sluggish CAGR Projected for Monobloc Aerosol Cans Market During 2018 – 2028

12-28-2018 10:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Sluggish CAGR Projected for Monobloc Aerosol Cans Market During

Monobloc Aerosol Cans Market: Introduction and Need of the Product : Aerosol cans are widely used for the packaging of the variety of liquid products under specified pressure in different end-use industries such as cosmetics & personal care, automotive, home care, and other industries. However, the aerosol cans find its significant application for the packaging of deodorants in the personal care industry. The aerosol cans are used to suspend fine particles of any liquid in smoke, gas, mist, or smog form. Aerosol cans made up of a single piece of metal is called monobloc aerosol cans. Monobloc aerosol can is a very efficient packaging solution and maintain the integrity of the product packed inside it. It is an ideal packaging and dispensing product.

The monobloc aerosol cans are increasingly becoming popular for the packaging application of a wide variety of products in toiletries, automotive, home care, insecticides, and personal care industry. Monobloc aerosol cans are generally made up of aluminum material due to its highly recyclable properties. It could be justified by the fact that the processing of recycled aluminum takes 95% less energy than that of energy used in the processing of virgin aluminum material. However, some factors which need to be considered while designing a monobloc aerosol cans are leak proof, unbreakable, high-pressure resistance, corrosion resistance, heat resistance, and light & air proof characteristics. Monobloc aerosol cans are available in the variety of capacities and could also be customized according to the requirement of brand owners.

Monobloc Aerosol Cans Market: Market Dynamics : Demand for monobloc aerosol cans is increasing at a much faster rate than before due to the increasing consumer inclination towards personal hygiene products such as deodorants. Also, the increase in demand for home care products such as insect sprays, room fresheners, etc. is also driving the demand for the monobloc aerosol cans in the global market. However, the demand for this product is also expected to grow with the introduction of new features and the latest innovation in the product which will also create new application prospects for the monobloc aerosol cans.

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Some of the restraints present in the market is the threat of substitute products or the introduction of new alternative packaging solution which might hamper the growth of this market in near future. Another challenge in this market is the collection of the monobloc aerosol cans for recycling purpose. Existing companies in the monobloc aerosol cans market could focus on expanding their market presence through expansion or acquisition & merger strategy. There are significant opportunities available for contract manufacturing of monobloc aerosol cans in the emerging coutries.

Monobloc Aerosol Cans Market: Market Segmentation: Monobloc Aerosol Cans Market Segmentation: By Material Type : Aluminum, Steel; Monobloc Aerosol Cans Market Segmentation: By Product Capacity : Up to 100 ml, 100 ml to 300 ml, 300 ml to 600 ml, More than 600 ml; Monobloc Aerosol Cans Market Segmentation: By End-Use : Personal Care, Home Care, Automotive & Allied Industries, Food, Industrial, Chemical, Pharmaceutical, Insecticides and Pesticides;

Monobloc Aerosol Cans Market: Regional Overview : On the basis of region, the Monobloc Aerosol Cans market is segmented as North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa, and Japan.

Monobloc aerosol cans market is prevalent in the North America and European region due to the high demand for the personal hygiene products in these regions. The companies are investing on research and development activities to offer lightweight monobloc aerosol cans which would help brand owners to reduce carbon footprint in their value chain. The demand is expected to grow continuously with the same pace in the near future. Companies are also focusing to achieve consolidation in the market through acquisition and merger strategy.

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However, the demand for monobloc aerosol cans is increasing but at a slow pace in the developing economies of the Asia-Pacific and Latin America region. Countries such as India, China, Brazil, and ASEAN region offer high growth opportunities in the global monobloc aerosol cans market. This increase in the demand of monobloc aerosol cans in these countries is due to the increasing disposable incomes of middle class household who in turn spend more on hygiene and convenience products. MEA and Japan also offer untapped growth potential in the global monobloc aerosol cans market.

Monobloc Aerosol Cans Market: Market Players : Some of the key players in the Monobloc Aerosol Cans market are Pioneer Group, Tecnocap S.p.A., The Metlac Group, Ball Corporation, ATP Group, ALUCON Public Co. Ltd., Girnar Group, LINHARDT GmbH & Co.KG, Alumatic Cans Pvt. Ltd., and HAYK Industries.

The Monobloc Aerosol Cans market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Monobloc Aerosol Cans market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Monobloc Aerosol Cans market report also maps the qualitative impact of various market factors on market segments and geographies.

Monobloc Aerosol Cans Market: Regional analysis includes: North America Monobloc Aerosol Cans Market, Latin America Monobloc Aerosol Cans Market, Western Europe Monobloc Aerosol Cans Market, Eastern Europe Monobloc Aerosol Cans Market, Asia Pacific excluding Japan (APEJ) Monobloc Aerosol Cans Market, Japan Monobloc Aerosol Cans Market, Middle East & Africa (MEA) Monobloc Aerosol Cans Market;

Monobloc Aerosol Cans Market Report Highlights: A detailed overview of parent market, Changing Monobloc Aerosol Cans market dynamics in the industry, In-depth Monobloc Aerosol Cans market segmentation, Historical, current, and projected market size regarding volume and value, Recent industry trends and developments, Competitive landscape, Strategies for key players and products offered, Potential and niche segments, geographical regions exhibiting promising growth, A neutral perspective on Monobloc Aerosol Cans market performance, Must-have information for Monobloc Aerosol Cans market players to sustain and enhance their market footprint;

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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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