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Aerosol Market worth $107.17 billion by 2030, growing at a CAGR of 6.56% - Exclusive Report by 360iResearch
Aerosol Market | 360iResearch
The Global Aerosol Market to grow from USD 68.66 billion in 2023 to USD 107.17 billion by 2030, at a CAGR of 6.56%.
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An aerosol refers to a suspension of solid particles that are fine or liquid droplets in air or another gas. Aerosols are natural or anthropogenic in origin and are characterized by their small size, which allows them to remain dispersed in the atmosphere for extended periods. The term typically in the commercial marketplace refers to products delivered in a pressurized container for various applications such as personal care, household cleaning, paint, and medical use. Aerosol products are valued for their convenience, efficacy, and ability to disperse contents evenly. The adoption of aerosols is driven by the growing demand for personal care products, such as deodorants, hairsprays, and shaving creams, due to increasing consciousness about personal hygiene and grooming. Additionally, with eco-friendly and sustainable product offerings, continued innovation in the industry propels their adoption. The expansion of the healthcare sector and the usage of aerosols in medical applications encourage further development. However, regulatory challenges and environmental concerns associated with using propellants such as chlorofluorocarbons (CFCs) and hydrofluorocarbons (HFCs) in aerosol products constitute significant limitations. Public misconception regarding the safety and environmental impact of aerosol products persists. Moreover, the development of alternatives to traditional propellants, such as compressed air or nitrogen, offers significant opportunities. Emerging economies have growth potential, coupled with the increased demand for convenience products. Expansion of application areas, including the automotive industry and household insecticides, provides additional avenues for growth. Adoption of recycling programs and initiatives promoting sustainability practices are expected to enhance the public image and offer competitive advantages.
Market Segmentation & Coverage:
This research report categorizes the Aerosol Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Material, market is studied across Aluminum, Glass, and Plastic. The Plastic is projected to witness significant market share during forecast period.
Based on Type, market is studied across Bag-on-Valve (BoV) and Standard. The Standard is projected to witness significant market share during forecast period.
Based on Application, market is studied across Automotive, Food and Beverages, Household, Insecticide, Paints and Varnishes, and Personal Care. The Personal Care is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Aerosol Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Aerosol Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Aerosol Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Alucon Public Company Limited, AptarGroup, Inc., Ball Corporation, CCL Industries, Coster Tecnologie Speciali S.p.A., Henkel AG & Co. KGaA, Honeywell International Inc., Lindal Group Holding GmbH, Mitani Valve Co., Ltd., Nampak Limited, PPG Industries, Inc., Procter & Gamble Company, Summit Packaging Systems, and Trivium Packaging.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aerosol Market, by Material
7. Aerosol Market, by Type
8. Aerosol Market, by Application
9. Americas Aerosol Market
10. Asia-Pacific Aerosol Market
11. Europe, Middle East & Africa Aerosol Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Aerosol Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aerosol Market?
3. What is the competitive strategic window for opportunities in the Aerosol Market?
4. What are the technology trends and regulatory frameworks in the Aerosol Market?
5. What is the market share of the leading vendors in the Aerosol Market?
6. What modes and strategic moves are considered suitable for entering the Aerosol Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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