Aerosol Packaging Market

Aerosol Packaging Market: Cosmetics and Personal Care Application Segment to Hold Maximum Revenue Share Throughout the Forecast Period: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027

  • 2017-08-07
  • REP-GB-4576
  • 339 pages
  • PDF PPT EXCEL
 Aerosol Packaging Market

An Incisive, In-depth Analysis on the Aerosol Packaging Market

This study offers a comprehensive, 360 degree analysis on the Aerosol Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Aerosol Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Considerable market penetration and high consumption levels observed in the North America aerosol packaging market

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. 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.

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.

Cosmetics and personal care application segment is a high growth segment in the global aerosol packaging market

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%.

Report Overview

According to our analysts, North America is estimated to generate the largest revenue in 2017, while APEJ is expected to overtake North America and emerge as the largest regional market in the global aerosol packaging market from the next half of the decade. In a new report titled “Aerosol Packaging Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” our expert team of researchers have observed that the personal care and cosmetics segment dominates the global aerosol packaging market with the largest market share throughout the period of forecast. According to the analysis of our expert team of researchers working in the packaging domain, the personal care and cosmetics segment presents immense opportunities for vendors in emerging economies, where product pricing is lower as compared to that of developed regions.  

Our analysts have tracked the global aerosol packaging market across different geographical regions and on the basis of the various market segments and have provided a critical assessment of the opportunities available to all the companies operating in the global aerosol packaging market for the duration of 10 years. We have studied the market extensively and have identified multiple drivers, restraints, and trends that are expected to influence the global aerosol packaging market. Through extensive research, the analysts have studied how the different market dynamics are likely to impact the current environment and future scenario of the global aerosol packaging market, thereby providing useful insights to market players to plan their differentiating strategies capable of evolving with the changing market landscape.

Report Structure

While covering the global aerosol packaging market study, we have mainly considered regional production and consumption vs. consumption outlook and net trade scenario to get a clear picture of the overall market. In another section, market definition, taxonomy and the aerosol packaging market overview has been included. We have extensively covered the market dynamics through which we have taken a glance at macro-economic factors, supply and demand side drivers, restraints, opportunities, industry trends and recent developments, case studies and forecast factors.

Further, we have segmented the global aerosol packaging market into material type, product type, application, can type, volume size and region. Basis Point Share analysis and Y-o-Y growth projections by country and key regulations are two significant characteristics of this report. At the end of the report, the competitive landscape has been covered, which consists of the competition dashboard, company market share analysis, company profiles, and a list of global key players along with the detailed company profiles.

Market Taxonomy

Volume Size

Material Type

Application Type

 

Product Type

Can Type

Region

  • Less than 100 ml

  • 100 ml – 250 ml

  • 251 ml – 500 ml

  • More than 500 ml

  • Aluminium

  • Tin-Plated Steel

  • Others (Plastic, Glass)

  • Cosmetics & Personal Care

    • Deodorants

    • Hairspray Products

    • Shaving Care Products

    • Others (sun care products)

  • Household Products

  • Automotive/Industrial Products

  • Others (Food, Pharmaceuticals, etc.)

  • Aerosol Cans

  • Others (Aerosol Bottles, Jars)

  • Necked in

  • Shaped Wall

  • Straight Wall

  • North America

  • Latin America

  • Eastern Europe

  • Western Europe

  • APEJ

  • Japan

  • MEA

 Research Methodology

We have adopted a systematic research approach while inspecting the global aerosol packaging market. While conducting primary research, we have identified key opinion leaders, designed comprehensive questionnaires, conducted in-depth interviews and given coverage to the market across the value chain. By leveraging in-depth secondary research, we have arrived at the overall market size, top industry players and products and industry associations. The expert team of analysts of Future Market Insights has also formulated a detailed discussion guide in order to conduct expert and industry interviews. Our desk research includes channel study, market changing aspects/dynamics, key industry expert interviews and final data gathering and insights. We have referred to the World Bank, IMF and various companies’ annual and financial reports to further substantiate the data points. We have considered the Average Selling Price (ASP) of aerosol packaging products to determine market values.

Aerosol Packaging Market Reports - Table of Contents

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Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

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