Aerosol Market to Reach Valuation of USD 106.0 Billion by 2028 – Growth in Awareness about the Hygiene & Personal Care Drives the Market

In terms of revenue, the Global Aerosol Market is expected to reach USD 106.0 Billion by 2028, growing at a CAGR (Compound Annual Growth Rate) of 6.10% from 2022 to 2028.

The rising use of personal care goods, including deodorants, shaving creams, hair sprays, and body sprays, is a major factor in the increase. Colloidal systems comprising solid or liquid particles suspended in a gas are known as aerosols. They have various uses in the personal care, home, automotive, industrial, food, paint, and medical industries. Different end-use sectors have been drawn to aerosol-based product packaging due to its simplicity and attractive design. In addition, the demand for aerosol in paints and home items is anticipated to increase due to the growing economies of Asia Pacific's rapid urbanization and infrastructure projects.

Key Highlights from Report

· Among Materials, the Aluminum Material segment is anticipated to dominate the Aerosol Market with the highest market share during the forecast period. Several industries, including food and beverage, automotive, packaging, and healthcare, and the increase in demand for aluminum foil and cans are mostly to blame for this.

· By End-Use, the Consumer packaged segment accounted for the highest CAGR in the forecast period. This is mainly a result of the rising demand for applications in the food and beverage industry and the cosmetic and pharmaceutical industries.

· Geographically, Europe held the largest market share and is likely to be the most profitable market in the forecast period. This is anticipated to be fueled by the region's rapidly expanding use of aerosol spray propellant in the cosmetics, skincare, and fragrance industries.

Market Dynamics

Most consumers rely on packaging since it aids in their decision-making over what to purchase. As disposable money has increased and people's concern about personal cleanliness and appearance has increased, the market in the sector has expanded. Thus, the worldwide aerosol market is being driven by growing demand in the packaging for pharmaceutical and personal care products. The advantage of using aerosol containers is increasing the demand for aerosol.

Safety is among the most significant advantages of an aerosol container. These containers are hermetically sealed, preventing any leakage or spillage of their contents, and making them leak-proof. This packing is especially useful if you have a young child or a pet. In addition, because it is tamper-evident, the product stays safe in the container. Along with the home and cosmetics industries, aerosols are used in some popular food products, including whipped cream, frosting, chocolate, and coffee granules. In addition, aerosol cans offer many condiments, such as ketchup, mustard, salad dressing, and cooking oils like PAM.

Europe Aerosol Market is anticipated to observe significant market growth with the highest CAGR in the coming years. One of the biggest markets for aerosol is Europe. Regional nations like Germany, the United Kingdom, and France are among the most significant producers and consumers of aerosol, both locally and globally. Additionally, they are produced in great numbers here. Most of its income comes from the personal care sector. The regional market is expanding due to high consumer expenditure, rapid growth in the fragrance industry, and high cosmetics consumption. Due to its high-income level and sizable industrial sector, the area can swiftly and quickly absorb new products.

The Global Aerosol Market is Segmented as follows

• Propellent Types
  • Liquefied Gas Propellants
  • Compressed Gas Propellants
• Propulsion
  • Diesel
  • CNG/LNG/RNG
• Valve Type
  • Mechanical Actuators
  • Non-mechanical Actuators
  • Other Valves
• Materials
  • Steel
  • Aluminum
  • Plastics
  • Other Materials
• Types
  • Bag-In-Valve
  • Standard
• End Uses
  • Consumer Packaged Goods (CPG)
  • Pharmaceutical
  • Automotive & Industrial
  • Other End Uses
• Applications
  • Personal Care
  • Household
  • Automotive & Industrial
  • Food
  • Paints
  • Medical
  • Other Applications
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

List of the Key Players of the Global Aerosol Market is

Proctor & Gamble (US), Reckitt Benckiser (Slough), Unilever (UK), Honeywell International Inc (US), SC Johnson & Son Inc (US), Henkel (Germany)

The Global Aerosol Market Scope can be Tabulated as below