A recent report published by Infinium Global Research on aerosol packaging market provides 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 is 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 are 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 type 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 type 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 type of aerosol packaging material in the near future.
Geographically, 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 for 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.
Get free analyst support for the queries before and post purchasing report.
Be assured of 100% customer satisfaction about the research and get 24X7 customer support.
Infinium has achieved over 400%+ growth in its repository and revenue over the last 2 years. Yes, we are proud to say we are growing at a great pace and becoming a trusted partner among our clients.
sign up for our newsletter