The aluminium aerosol cans market is predicted to reach a value of US$ 4.4 billion in 2023 and US$ 7.1 billion in 2033. Throughout the projection period, the market has a CAGR of 4.8%.
The market is expanding as a result of increased urbanisation, an expanding population, shifting lifestyles, and rising disposable income. The growth of the market is being driven by end-user industries such as industrial, cosmetic & personal care, automotive, and home goods. The usage of aluminium aerosol cans to hold shampoos, creams, hand sanitizer, lotions, and other hair and skincare products is causing the market to expand.
The need for aluminium aerosol cans to hold topping cream and foam from food manufacturers is growing, which is driving the market size. Spray, polish, and paint for automobiles are propelling the market’s rapid expansion. The firm also benefits from providing hygienic, environmentally responsible, and useful packaging.
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High-quality, fully recyclable aerosol cans are made by the manufacturers using cutting-edge technology. They produce products that are lightweight, robust, and affordable and are profiting from expanding market opportunities during the anticipated period. The numerous types and designs of aerosol aluminum can that manufacturers developed for aesthetic purposes increased the market’s size.
Key Takeaways:
- The aluminum aerosol cans market is expected to register a valuation of US$ 7.1 billion by 2033.
- With a CAGR of 4.8%, the global market is increasing during the forecast period.
- The market in the United States is anticipated to record a CAGR of 4.0% through 2033.
- With a CAGR of 3.6%, the United Kingdom aluminum aerosol cans market significantly uplifts during the forecast period.
- The China market is expected to register a CAGR of 8.5% over the forecast period.
- France market is likely to capture a CAGR of 6.8% by 2033.
Who is Winning?
A few of the key players fragment the market in the global market. These market players play a crucial role in the global market by innovating products through advanced sustainable technology. In addition, market vendors invest in research & development activities to acquire maximum profit in the market.
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The market players are focused on recyclable aluminum aerosol cans to reduce wastage. Through distribution channels, including online, retail shops, and others, the players increase the sales of their innovative products by attracting consumers’ attention. The high quality and non-hazardous packaging products advance the market to another level. The marketing methodologies adopted by these players are mergers, collaborations, acquisitions, product launches, and partnerships.
Other Key Players in the Aluminum Aerosol Cans Market are
- Ball Corporation
- Crown Holdings, Inc.
- Alucon PCL
- CPMC Holdings Ltd
- Kian Joo Can Factory Bhd.
- CCL Industries Inc.
- Nampak Limited
Market by Category
By Capacity Type:
- Less than 100 ml
- 100 to 250 ml
- 251 to 500 ml
- More than 500 ml
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By Product Type:
- Shaped Wall
- Necked In
- Straight Wall
By End-use Industry:
- Cosmetics & Personal Care
- Household Products
- Automotive/Industrial
- Others
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