Emerging Economies Offer Attractive Opportunities in the Aerosol Cans Market The market is growing in accordance with the growth trends of the converting and packaging industries. The home care, personal care, and healthcare industries are driving the market growth for aerosol cans, which uses fewer resources, offers ease of handling, and occupies less space.
The Global Aerosol Cans Market was valued at USD 8.74 billion in 2015 and is projected to reach USD 10.93 billion by 2021, at a CAGR of 3.9%. The base year considered for the study is 2015 and the market size is forecasted from 2016 to 2021.
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The study analyzes competitive developments such as partnerships and joint ventures; mergers & acquisitions; expansions; new product developments; and R&D activities in the aerosol cans market.
Target Audience: •
Manufacturers of aerosol cans
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Importers and exporters of aerosol cans
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Traders, distributors, and suppliers of aerosol cans
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End users
Market Based on end-use sector: •
Personal care
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Home care
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Healthcare
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Automotive
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Others (food & beverage)
Major Region: •
North America
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Europe
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Asia-Pacific
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Middle East & Africa
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Latin America
On the basis of key regions, the market for aerosol cans has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America accounted for the largest share among all the regions in 2015. This is mainly due to the developed economies of US coupled with growth in applications of aerosol cans in the personal care, automotive, and healthcare industries.
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The aerosol cans market has been segmented on the basis of material type, product type, propellant type, end-use sector, and region. On the basis of product type, straight wall accounted for the largest market share, in terms of both volume and value in 2015. On the basis of propellant type, the liquefied gas peropellant accounted for the largest market.
Companies such as Ball Corporation (U.S.), CCL Industries, Inc. (Canada), Crown Holdings, Inc. (U.S.), WestRock Company (U.S.), Ardagh Packaging Holdings Limited (Luxembourg), Nampak Ltd. (South Africa), Colep Portugal S.A. (Portugal), BWAY Corporation (U.S.), and Exal Corporation (U.S.) were the key players who adopted these strategies to increase the customer base in key markets.
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