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Aerosol Market Size to Reach $110.11 Billion by 2029 | Growth at 6.4% CAGR Forecast
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What is the Projected Market Size of the Aerosol Industry?
There has been a robust expansion in the aerosol market size over the past few years. The market is forecasted to increase from $81.41 billion in 2024 to $85.79 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.4%. The growth during the historical period is credited to a heightened consciousness about hygiene, heightened demand for pharmaceuticals, an increased utilization in the food and beverage sector, the growth of retail channels, and its escalating acceptance in industrial applications.
What Will Be the Size of the Aerosol Market by 2029?
In the coming years, the aerosol market size is anticipated to witness robust growth and it is predicted to reach $110.11 billion by 2029, expanding at a compound annual growth rate (CAGR) of 6.4%. The growth during the forecast period can be credited to the increasing demand for personal care items, the escalating use of aerosols in household products, the burgeoning automotive sector, rising disposable income, and growing consumer inclination towards environmentally-friendly products. The key market trends for the forecast period include the innovation of aerosol propellants, the improvement of spray technologies, the introduction of novel aerosol packaging, the production of biodegradable aerosol components, and the advancements in the use of aerosols in the food and beverage industry.
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What Are the Key Drivers Accelerating Growth in the Aerosol Market?
The increasing popularity of personal care products is predicted to boost the aerosol market's growth in the future. These products, which include everything from hygiene necessities to beauty enhancers and grooming items, have seen a surge in use due to growing public understanding of health and cleanliness. This raised consciousness has spurred a rise in desire for products that facilitate cleanliness and self-care. Aerosols bolster these products by providing an accurate, sanitary, and simple means of dispersing formulations like deodorants, hair sprays, and shaving foams. For example, by 2023, as per Cosmetics Europe, a Belgian personal care association, 500 million consumers in Europe are predicted to use personal care products daily for their health protection and wellness improvement. Moreover, the personal care sector supplies roughly USD 31.23 billion (€29 billion) each year to Europe's economy. As such, the increasing popularity of personal care products is catalyzing the growth of the aerosol market.
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How Is the Aerosol Market Segmented by Type, Application, and Region?
The aerosol market covered in this report is segmented -
1) By Type: Bag-On-Valve, Standard
2) By Particle Size: Aitken Particles, Large Particles, Giant Particles
3) By Can Type: Steel, Aluminum, Plastic, Tin, Other Can Types
4) By Propellant Type: Dimethyl Ether (DME), Hydrofluorocarbons (HFC), Hydrofluoroolefins (HFO), Other Propellant Types
5) By Application: Personal care, Household, Automotive And Industrial, Food, Paints, Medical, Other Applications
Subsegments:
1) By Bag-On-Valve: Liquids, Foams, Creams, Gels
2) By Standard: Hydrocarbon-Based, Dimethyl ether (DME)-Based, Compressed Gas-Based
What Are the Key Trends Driving Growth in the Aerosol Market?
Major firms in the aerosol market are placing their focus on the creation of cutting-edge solutions such as polymer aerosol containers. These solutions aim to deliver a lightweight and recyclable option while complying with new environmental regulations. A polymer aerosol container uses high-performance plastics including PET, to contain pressurized products safely, and serves as a recyclable, lightweight, and corrosion-resistant substitute for metal cans. In October 2022, for example, Plastipak Packaging Inc., a packaging and recycling firm based in the US, introduced SprayPET Revolution. This product is an entirely polymer-based aerosol container meant to increase recyclability and sustainability in spray packaging. The container comprises solely PET plastic, rendering superfluous the need for conventional metal components and allowing for complete recyclability within PET recycling modalities. The container's design is lightweight, reducing transportation emissions and environmental impact, while still providing the necessary pressure resistance for aerosol uses. The uniformity of the material used in its structure eases recycling logistics and promotes the objectives of a circular economy.
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Who Are the Leading Companies Driving Growth in the Aerosol Market?
Major companies operating in the aerosol market are BASF SE, The Procter & Gamble Company, Unilever plc, L'Oréal S.A., Honeywell International Inc., 3M Company, Berry Global Inc., Ball Corporation, Crown Holdings Inc., SC Johnson & Son Inc., The Clorox Company, Church & Dwight* Co. Inc., AptarGroup Inc., Coster Tecnologie Speciali S.p.A., WD-40 Company, Summit Packaging Systems, Reckitt Benckiser Group plc, Montebello Packaging Inc., Precision Valve Corporation, Berryman Products Inc.
Which Is the Leading Region in the Global Aerosol Market?
Europe was the largest region in the aerosol market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerosol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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