A recent report published by Infinium Global Research on the aerosol packaging market provides an in-depth analysis of segments and
sub-segments in the global as well as regional aerosol packaging market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional aerosol packaging market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global aerosol packaging market. According to the
report, the global aerosol packaging market is projected to grow at a CAGR of
4.2% over the forecast period of 2019-2025.
The growing demand for the different type of aerosol-based
products as medical products, cosmetics, and perfumes, deodorants, and the fragrance are helping to grow the demand of the aerosol packaging market.
Besides this, the growing application of the aerosol-based packaging in the
medical sector is boosting the demand for aerosol packaging products. Moreover,
the growing awareness among the medical health professionals about the sterile
alcohol products in water for injection (WFI), which helps to administer easily
the WFI products among the patients is facilitating a comfortable growth path
of the aerosol packaging products in the medical industry. The sterile alcohol
products in WFI packed in the aerosol packaging can be administrated from any
angle comfortably. Additionally, the BOV (Bag-On-Valve) based aerosol spray
provides constant dispensation of medicine without any hurdle.
The growing disposable income among the young and the
middle-class consumers is helping to grow the demand for the different types of
aerosol-based products. Further, the growing corporate culture, peer pressure
to purchase these luxurious products like deodorants, perfume, and other
perfumery products are helping to grow the demand for the different types of
aerosol packaging products. However, the growing fear among the end consumers
about the side effects of the excessive application of the aerosol-based products
and simultaneous depletion in the ozone layer is hampering the growth of this
market. The introduction of the less harmful and environmental friendly
aerosol-based product is expected to boost the demand for the different types of
aerosol packaging material in the near future.
North America holds the major share of the aerosol packaging
market, owing to the presence of a large number of cosmetic, perfume,
pharmaceutical companies in this region. Further, the presence of a large
number of different consumer groups, who continuously use a different type of
aerosol-based products is helping to grow this market at a sustainable rate.
The Asia-Pacific aerosol packaging market is expected to grow the highest CAGR
during the forecast period, owing to the growing demand of the different type
of aerosol-based products among the different consumer groups.
The report on global aerosol packaging market covers
segments such as material, and end user. On the basis of material, the
sub-markets include tin-plated steel, glass, coated glass, aluminum, stainless
steel, and plastic. On the basis of end user, the sub-markets include
household, automotive, agriculture, healthcare, and industrial.
The report provides profiles of the companies in the market
such as Precision Valve Corporation, Lindal Group Holding GmbH, Bharat
Containers Pvt. Ltd, Coster Tecnologie Speciali S.p.A., ALUCON Public Company
Limited, China Aluminum Cans Holdings Ltd., TUBEX Group, Nampak, Aptar Pharma
(India) Pvt. Ltd., and CCL Industries.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of aerosol packaging
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.