Aerosol Industry Overview
The global aerosol market size was valued at USD 73.9 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030.
The growth is majorly driven by the increasing consumption of personal care products, such as deodorants, shaving creams, hair sprays, and body sprays. Aerosols are colloidal systems of solid or liquid particles suspended in a gas. They find a broad range of applications in personal care, household, automotive and industrial, food, paints, and medical sectors. The convenience of use and aesthetic design of aerosol has been attracting various end-use industries towards aerosol-based product packaging. Rapid urbanization coupled with infrastructural developments in emerging economies of Asia Pacific is expected to drive the demand for aerosol in paints and household products.
Gather more insights about the market drivers, restrains and growth of the Global Aerosol Market
In addition, the introduction of the Environmental Protection Agency (EPA)-approved aerosol cleaning products is anticipated to boost the market growth. In terms of metal packaging, innovations in aerosol-based products for improving consumer convenience and environmental concerns have been witnessed. For example, compressed gases replace hydrocarbons as propellants, and the innovation of bi-compartmental technology separates the product from propellant by introducing a plastic inner bag. Such steps are expected to propel the growth of the market further.
Various food products, including oil, whipped cream, edible mousse, sprayable flavors, etc. are being increasingly offered in aerosol form owing to their convenience of use. Furthermore, the demand for whipped cream has been significantly growing over the past few years on account of the high demand for bakery products, such as pies, cupcakes, ice creams, sundaes, cakes, hot chocolate milkshakes, waffles, cheesecake, and puddings. This is anticipated to propel the growth of the global market in the years to come.
Browse through Grand View Research's Plastics, Polymers Resins Industry Research Reports.
- Steel Market - The global steel market size was valued at USD 861.64 billion in 2019 and is projected to grow at a CAGR of 2.6% from 2020 to 2025. Growing popularity of pre-engineered metal buildings and lightweight building materials to foster energy savings has been a key driver of the industry. The transition from conventional casting processes to novel technologies using recycled metals is another key driving factor for the industry.
- Plastic Packaging Market - The global plastic packaging market size was valued at USD 355.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. The expanding size of key application industries including food and beverages, pharmaceuticals, personal and household care, and growing penetration of organized as well as e-retail across the world, are primarily fueling growth in the industry.
Aerosol Market Segmentation
Grand View Research has segmented the global aerosol market on the basis of material, type, application, and region:
Aerosol Material Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)
- Steel
- Aluminum
- Others
Aerosol Type Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)
- Bag-In-Valve
- Standard
Aerosol Application Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)
- Personal Care
- Household
- Automotive Industrial
- Food
- Oils
- Whipped Cream
- Edible Mousse
- Sprayable Flavours
- Paints
- Industrial
- Consumer
- Medical
- Inhaler
- Topical Application
- Others
Aerosol Regional Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Central South America
- Middle East Africa
Market Share Insights
- May 2018: Spray Products Corp. acquired a new facility in Ohio, U.S. In another development, Lindal Group inaugurated its new state-of-the-art facility in Columbus, Indiana.
- February 2019: Vanesa Care announced plans to set up its fourth manufacturing facility in India. The global market is highly competitive with numerous players involved in acquisitions and expansions.
Key Companies profiled:
Some prominent players in the global aerosol market include
- Proctor Gamble
- Reckitt Benckiser
- Unilever
- Honeywell International Inc.
- SC Johnson Son Inc.
- Henkel
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