Global Aluminium Aerosol Cans Market, By Capacity Type (Less than 100 ml, 100-250ml, 251-500 ml, More than 500 ml), Product Type (Necked In, Shaped Wall, Straight Wall), End-Use Industry (Cosmetics & Personal Care, Household Products, Automotive/Industrial, Others) – Industry Trends and Forecast to 2030.
Aluminium Aerosol Cans Market Analysis and Size
The increasing demand for environmentally friendly and hygienic packaging is a major trend boosting the development of the aluminium aerosol cans market. In the last few years, increasing focus on recyclability in the packaging sector around the world. This has lent significant momentum to the usage of aluminium aerosol cans. Moreover, the increasing popularity of 100-250 ml category has increased revenue growth of the aluminium aerosol cans market during the forecast period.
Data Bridge Market Research analyses that the aluminium aerosol cans market is expected to reach USD 6.49 billion by 2030, which is USD 4.20 billion in 2022, registering a CAGR of 5.60% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Aluminium Aerosol Cans Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Capacity Type (Less than 100 ml, 100-250ml, 251-500 ml, More than 500 ml), Product Type (Necked In, Shaped Wall, Straight Wall), End-Use Industry (Cosmetics & Personal Care, Household Products, Automotive/Industrial, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Ball Corporation (U.S.), Crown Holdings, Inc (U.S.), CPMC Holdings Limited (China), China Aluminum Cans Holdings Ltd. (China), Linhardt (Germany), Nampak Limited (South Africa), BWAY Corporation (U.S.), TUBEX Aluminium Tubes (Austria), Montebello Packaging (U.S.), Alucon (Thailand), Exal Corporation (U.S.), CCL Industries (Canada), Toyo Seikan Group Holdings Ltd. (Japan), Bharat Containers (India), Asia Packaging (Vietnam)
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Market Opportunities
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Market Definition
Aluminium remains one of the most perfect materials for the packaging of products due to its numerous properties. It is recyclable, lightweight and provides an unmatched combination of corrosion resistance and high strength. An aluminium aerosol can is a metal container that holds a pressurized liquid or gas. When the valve on the top of the can is opened, the gas or liquid inside escapes in an aerosol spray. Aluminium aerosol cans have become standard packaging solutions for volatile products or substances in the present-day. They deliver cost-effective, safe and impermeable features, making them perfect for storing numerous products such as fragrances and sanitizers.
Aluminium Aerosol Cans Market Dynamics
Drivers
- Rising penetration toward e-commerce platforms
As a result of growing penetration of the digital devices and internet, online shopping platforms have increased to prominence all over the globe. Nowadays, people are opting to buy most things online by e-commerce platforms to save their money and time. Large amounts are being expend on cosmetics, personal care, and other products. This in turn is increasing the growth of the aluminium aerosol cans market.
- Increasing support from government and other regulatory organizations
Rising support from government and other regulatory groups positively impacts the growth of aluminum aerosol cans. New recycling laws and initiatives are being framed to encourage recycling of aluminium. For instance, the U.S. Environmental Protection Agency (EPA) has launched the Aerosol Cans as Universal Waste Rule in 2019, which enables aerosol can waste to be managed as worldwide waste under the federal Resource Conservation and Recovery Act (RCRA) hazardous waste rules (40 CFR 273). The goal of this rule is to endorse recycling of aluminium aerosol cans for minimalizing the level of landfill waste.
Opportunities
- Increasing introduction of latest technologies by major market players
Major market players in the aluminium aerosol cans market are leveraging latest technologies for recycling aluminium aerosol cans, which is expected to generate lucrative opportunities for market growth. New aluminium recycling facilities and initiatives are being developed across developing regions. For instance, Trivium Packaging, a global leader in sustainable metal packaging, announced a groundbreaking recycling initiative in Argentina in February 2021 to considerably surge the recollection and increase the reuse of aluminium aerosol cans.
Restraints/ Challenges
- Fluctuating prices of raw materials
Volatility in the expenses of raw materials such as aluminium is posing a major issue to the growth of the aluminium aerosol cans market. Moreover, the uneven availability of the raw materials is also demeaning the growth of the market during the forecast period.
This aluminium aerosol cans market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aluminium aerosol cans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2021, Beiersdorf and Nussbaum, the Swiss packaging specialist, announced the launch of aerosol cans prepared completely from recycled aluminium. This new 100% recycled aerosol cans will positively affect the market at the end of 2021.
- In 2021 Damm, a major player in the food, hospitality, logistics and distribution industries and leading beverage company in Spain, has achieved Aluminium Stewardship Initiative (ASI) Performance Standard and Chain of Custody Standard certification for its cans.
Global Aluminium Aerosol Cans Market Scope
The aluminium aerosol cans market is segmented on the basis of capacity type, product type and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Capacity Type
- Less than 100 ml
- 100-250ml
- 251-500 ml
- More than 500 ml
Product Type
- Necked In
- Shaped Wall
- Straight Wall
End-Use Industry
- Cosmetics & Personal Care
- Household Products
- Automotive/Industrial
- Others
Aluminium Aerosol Cans Market Regional Analysis/Insights
The aluminium aerosol cans market is analyzed and market size insights and trends are provided by country, capacity type, product type and end-use industry as referenced above.
The countries covered in the aluminium aerosol cans market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
North America dominates the aluminium aerosol cans market in terms of market share and revenue due to the growing penetration of global brands. Furthermore, increasing consumer spending on cosmetic and personal care products, and expanding automotive industry will further boost the market growth within the region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 due to the growth of cosmetic and automotive industries along with increase of export business in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminium Aerosol Cans Market Share Analysis
The aluminium aerosol cans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aluminium aerosol cans market.
Some of the major players operating in the aluminium aerosol cans market are:
- Ball Corporation (U.S.)
- Crown Holdings, Inc (U.S.)
- CPMC Holdings Limited (China)
- China Aluminum Cans Holdings Ltd. (China)
- Linhardt (Germany)
- Nampak Limited (South Africa)
- BWAY Corporation (U.S.)
- TUBEX Aluminium Tubes (Austria)
- Montebello Packaging (U.S.)
- Alucon (Thailand)
- Exal Corporation (U.S.)
- CCL Industries (Canada)
- Toyo Seikan Group Holdings Ltd. (Japan)
- Bharat Containers (India)
- Asia Packaging (Vietnam)
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