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Aerosol Cans Market Global Trends, Industry Growth And Top Company Profiles | CCL Container, BALL CORPORATION, Crown, WestRock Company
Aerosol Cans Market
Global Aerosol Cans Market is estimated to grow from its initial estimated value of USD 9.89 billion in 2018 to an estimated value of USD 13.28 by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of the personal care and automotive industry which employs the usage of aerosol cans majorly.
Few of the leading organizations’ names are listed here- CCL Container, BALL CORPORATION, Crown, WestRock Company, Ardagh Group S.A., Nampak Ltd., DS Containers, Colep UK Ltd, BWAY Corporation, Exal Corporation, 6898hk.com, Impress Group, Arminak & Associates LLC., Bharat Containers, Aero-pack Industries Inc., ALUCON Public Company Limited, ARYUM Metal Tup Imalat ve San. Dis. Tic. A.S., Euroasia-p.com and Hindustan Tin Works Ltd.
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Succinct Description of the Market:
Aerosol cans are a type of packaging product that involves the usage of propellants with the mixture of products or contents of the packaging such as deodorants, coatings, paints that create a suspension of mixture and thus giving rise to aerosol particles in the packaging product. These containers are majorly hand-held and protect the contents of the package from external conditions such as heat, protection from contamination.
The Aerosol Cans is segmented on the basis of types and breadth of solutions offered by each of them. The first type is By Material Type (Tinplate, Aluminum, Steel, Glass, Coated Glass, Plastic, Others), Product Type (Necked-In, Straight Wall, Shaped), Packaging Type (Cans, Cylinders, Bottles, Others), Propellant Type (Liquefied Gas Propellant, Compressed Gas Propellant), End-User (Personal Care, Home Care, Healthcare, Automotive, Others)
Market Drivers:
Growth from personal care & cosmetics industry due to the rising adoption of beauty products from the population is expected to act as a driver to the market growth
Convenience of use and protection of contents while transporting the product is expected to drive the market growth
Market Restraints:
Presence of cheaper alternative options for packaging is expected to act as a restraint to the market growth
Presence of harmful chemicals in the aerosol cans that are used as a propellant amid growing concerns regarding the environment and health is expected to act as a restraint to the market growth
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In this study, the years considered to estimate the market size of Aerosol Cans are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027
Crucial Market Segment details-:
By Material Type
Tinplate
Aluminum
Steel
Glass
Coated Glass
Plastic
Others
By Product Type
Necked-In
Straight Wall
Shaped
By Packaging Type
Cans
Cylinders
Bottles
Others
By Propellant Type
Liquefied Gas Propellant
Compressed Gas Propellant
By End-User
Personal Care
Home Care
Healthcare
Automotive
Others
Industrial
Agriculture
Food & Beverages
Methodologies utilized to evaluate the market-:
In February 2018, BALL CORPORATION announced their plans to install a new manufacturing plant for beverage cans in Asunción, Paraguay and expand the capacity of the manufacturing plant in Buenos Aires, Argentina.
In May 2017, Crown announced the inauguration of its beverage can manufacturing plant situated in Nichols, New York. This production plant was constructed to meet the growing demands of beverage cans in the region.
Research strategies and tools used-:
This AEROSOL CANS market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Table of Contents
1 Aerosol Cans Market Overview
2 Manufacturers Profiles
3 Global Aerosol Cans Market Competitions, by Players
3.1 Global Aerosol Cans Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Aerosol Cans Players Market Share
3.2.2 Top 10 Aerosol Cans Players Market Share
3.3 Market Competition Trend
4 Global Aerosol Cans Market Size by Regions
5 North America Aerosol Cans Revenue by Countries
6 Europe Aerosol Cans Revenue by Countries
7 Asia-Pacific Aerosol Cans Revenue by Countries
8 South America Aerosol Cans Revenue by Countries
9 Middle East and Africa Revenue Aerosol Cans by Countries
10 Global Aerosol Cans Market Segment by Type
11 Global Aerosol Cans Market Segment by Application
12 Global Aerosol Cans Market Size Forecast (2019-2027)
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Conclusion:
This Aerosol Cans research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.
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