Global Aerosol Packaging Market Expanding CAGR 4.3% Forecast Period 2017 - 2027
A fresh report titled “Global Aerosol Packaging Market Expanding CAGR 4.3% Forecast Period 2017 - 2027” has been included to the wide collection of research reports managed by Market Research Reports Search Engine (MRRSE). The global aerosol packaging market has witnessed noticeable growth in the last few years and is anticipated to register significant CAGR over the forecast period 2017-2027, mainly due to increasing penetration in emerging markets aided by the rise in disposable income of middle-class households. North America leads the aerosol packaging market in terms of both value and volume, due to high consumption levels and considerable market penetration. However, APEJ is anticipated to overtake North America in terms of volume by 2027 and is expected to gain considerable market value share.Request For Free Sample Report: https://www.mrrse.com/sample/3414
The emerging markets including Latin America and APEJ are expected to offer sizable demand for aerosol packaging in the next few years. The demand for new and innovative products including sun care and hair spray products is increasing in developed regions such as Japan and North America. Tin-plated steel is the most preferred material type for the production of aerosol cans due to its high energy efficiency and recyclability features. The growth rate in the pharmaceutical sector is stagnant because of some adverse health effects caused by harmful propellants present in aerosol products.
Decreasing demand for nasal sprays, shaving foams and increasing demand for roll-ons likely to hamper the growth of the global aerosol packaging market
Nasal sprays contain the calcitonin drug that is used for the treatment of osteoporosis. This drug poses an increased risk of cancer. Therefore it is suggested by the Health Canada Report that some alternative drug should be used for the treatment of bone disorders. Nasal sprays that contained calcitonin drug were already withdrawn from the Canadian market in 2013. This move is likely to affect the pharmaceutical segment of the global aerosol packaging market across the globe.
Customers across the world are changing their preferences towards more environment friendly packaging products due to the various harmful effects of packaging products. Deodorant sprays are packed in aerosol cans that contain few volatile organic compounds, which are considered harmful by many research organisations. These volatile organic compounds are harmful to the environment. As a result, consumers are preferring roll-ons as an alternative to deodorant sprays. This is likely to decrease the demand for aerosol packaging products worldwide.
Browse Full Report With TOC: https://www.mrrse.com/aerosol-packaging-market
The growing trend to maintain a bearded look in the adult male population across the globe is resulting in a decline in the demand for shaving products in the global market. This reduced demand for shaving foams and gels is expected to result in minimising the demand for aerosol packaging products. This trait will not only decrease the revenues of companies operating in the worldwide market but will also hamper the future trends and prospects of the aerosol packaging industry.The personal care and cosmetics segment by application is anticipated to be a major contributor to the global aerosol packaging market. This segment will continue to hold a sustained 40% market share throughout the forecast period 2017 – 2027, witnessing an increase of 60 basis points during the period of assessment. The global market for cosmetics and personal care is estimated to be valued at more than US$ 2 Bn in 2017 and is projected to rise to more than US$ 4 Bn by the end of 2027. This segment is estimated to create an incremental $ opportunity of a little more than US$ 1.50 Bn during 2017-2027. In terms of volume, the cosmetics and personal care segment is expected to witness 1.5X growth by the end of 2027, expanding at a CAGR of 4.3%.
Enquire About this Report: https://www.mrrse.com/enquiry/3414
About Us
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Related News: https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Aerosol Packaging Market Expanding CAGR 4.3% Forecast Period 2017 - 2027 here
News-ID: 758984 • Views: …
More Releases from MRRSE
Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision.
Get Brochure of The Report @ https://www.mrrse.com/sample/3234
Chapter 01 – Executive Summary
The…
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report commences with the executive summary of the…
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and…
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement.
This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also…
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics…
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on…