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BEIJING, March 14, 2023 (GLOBE NEWSWIRE) — The Global Aerosol Market Size collected USD 78.2 Billion in 2022 and is set to achieve a market size of USD 135.5 Billion in 2032 growing at a CAGR of 5.1% from 2023 to 2032.
Aerosol Market Research Report Highlights and Statistics:
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Aerosol Market Report Coverage:
Market | Aerosol Market | |
Aerosol Market Size 2022 | USD 78.2 Billion | |
Aerosol Market Forecast 2032 | USD 135.5 Billion | |
Aerosol Market CAGR During 2023 – 2032 | 5.1% | |
Aerosol Market Analysis Period | 2020 – 2032 | |
Aerosol Market Base Year | 2022 | |
Aerosol Market Forecast Data | 2023 – 2032 | |
Segments Covered | By Material, By Type, By Application, And By Geography | |
Aerosol Market Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa | |
Key Companies Profiled | Henkel AG & Co., Reckitt Benckiser, Crabtree & Evelyn, Thymes LLC, S.C. Johnson, Unilever, Proctor & Gamble, Royal Dutch Shell PLC, Honeywell International Inc., The Chemours Company, Arkema Group and Akzo Nobel N.V. | |
Report Coverage | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Aerosol Market Overview:
The aerosol market is a thriving industry that provides a wide range of products across multiple sectors. Aerosols are widely used in personal care, household, healthcare, food and beverage, automotive, and industrial applications. The term aerosol refers to a suspension of tiny particles or liquid droplets in a gas. This gas can be air, nitrogen, or another propellant.
In the personal care industry, aerosols are used in hair care, skincare, and body care products such as hairsprays, deodorants, and sunscreen sprays. In the household sector, aerosols are used for air fresheners, insect repellents, and cleaning products. In the food and beverage industry, aerosols are used for whipped cream, cooking spray, and carbonated drinks.
The healthcare industry uses aerosols for medical sprays, inhalers, and other pharmaceutical products. In the automotive industry, aerosols are used for paint and coating applications, while in the industrial sector, they are used for lubricants, adhesives, and other maintenance products.
In recent years, the aerosol market has witnessed a shift towards eco-friendly and sustainable packaging, with manufacturers developing aerosols that use compressed air or nitrogen instead of traditional propellants. These new technologies reduce the environmental impact of aerosols and meet the growing demand for eco-friendly packaging.
Trends in the Aerosol Market:
Aerosol Market Dynamics:
Growth Hampering Factors in the Market for Aerosol:
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Market Segmentation:
By Type of Material
By Type
By Application Type
Aerosol Market Overview by Region:
The European region’s Aerosol market share is the highest globally, with Germany, France, and the UK being major consumers of aerosol products in the region. The market is driven by the personal care industry, which is the largest user of aerosol products in Europe, with applications in products such as deodorants, hair sprays, and body sprays. The healthcare industry is another growing market for aerosol products in Europe, with applications in medical sprays, inhalers, and wound care products. The increasing focus on sustainability is driving the adoption of eco-friendly and biodegradable aerosol packaging solutions in Europe.
The Asia-Pacific region’s Aerosol Market share is also huge and is growing at the fastest rate, driven by the increasing demand for personal care and household products in the region. The market is dominated by China and India, which are the largest consumers of aerosol products in the region. The personal care industry is the largest user of aerosol products in Asia Pacific, with applications in products such as deodorants, hair sprays, and body sprays. The household cleaning industry is another growing market for aerosol products in Asia Pacific, with applications in products such as air fresheners and insecticides. The growing middle class in the region and increasing disposable income are driving the demand for premium aerosol products.
The North American region is another key market for Aerosol, with the United States being the largest consumer of aerosol products in the region. The market is driven by the personal care industry, which is a major user of aerosol products, with applications in products such as hair sprays, deodorants, and body sprays. The food and beverage industry is another major user of aerosol products, with applications in products such as whipped cream, cooking sprays, and carbonated beverages. The healthcare industry is also a growing market for aerosol products, with applications in pharmaceuticals, medical sprays, and inhalers. In recent years, there has been an increasing demand for eco-friendly and sustainable aerosol packaging solutions in North America.
The South American and MEA regions have a smaller Aerosol market share, however it is expected to grow at a good rate.
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Aerosol Market Key Players:
Procter & Gamble, Reckitt Benckiser, Unilever, Henkel AG & Co. KGaA, SC Johnson & Son, Inc., The Clorox Company, AkzoNobel N.V., S. C. Johnson & Son, Inc., Honeywell International Inc., Diversified CPC International, Coster Tecnologie Speciali S.p.A., Crown Holdings, Inc., AptarGroup, Inc., Lindal Group Holding GmbH, Precision Valve Corporation, Exal Corporation, Shanghai Sunhome Industrial Company, Shanghai Golden Aerosol Co. Ltd., Nampak Ltd. and Aero-Pack Industries Inc.
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