The adoption of aerosol printing and graphics has grown significantly over the past several years, according to the most recent industry analysis by FMI. The global demand is anticipated to reach US$ 414 million in 2023, illustrating the growing popularity of aerosol printing and graphics throughout the world. Moreover, the study projects a market with a strong CAGR of 4.2% from 2023 to 2033, providing more potential for global participants in this industry.
The development of printing technology is largely responsible for the rise in demand for aerosol printing and graphics, and this expansion is anticipated to continue. The survey also predicts that in 2033 the world’s aerosol printing and graphics business will be worth a staggering US$ 624.7 million.
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Aerosol printing and graphics are quite popular because of their adaptability and extensive application possibilities. It provides businesses the chance to improve their visual communication and produce eye-catching designs for anything from branding and advertising to packaging and product customization. It is expected to play a bigger role in the global business environment as the need for aesthetically pleasing designs and graphics rises.
With the development of modern printing processes, businesses and consumers now have access to fresh and original ways to produce aesthetically attractive patterns and images. This, in turn, has caused an increase in the use of aerosol printing and graphics across several industries and sectors, fueling the market’s expansion. Furthermore, aerosol printing and graphics usage has expanded across various sectors, including the automobile, consumer goods, retail, and healthcare.
Key Takeaways from the Global Aerosol Printing and Graphics Market Study Report
- The global market is expected to witness an overall growth potential of US$ 210 million over the next ten years.
- North America currently captures 18% of the global revenue share, and the United States is the leading country as per the report.
- The Asia Pacific market is expected to develop at a higher CAGR between 2023 and 2033, highlighting the significant prospects for regional industry participants.
Competitive Landscape for the Aerosol Printing and Graphics Market Players
Optomec, Nofrill, AMFG, Ball, Crown Cork & Seal, Ardagh Group, Montebello Packaging, CCL Container (Hermitage), and EXAL are some top players in this market. Given the rising need for aerosol printing and graphics, the market players have significant development potential in the upcoming years.
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Recent Developments by the Aerosol Printing and Graphics Service Providers
In order to create novel aerosol printing inks for 3D printing applications, Optomec and Aerosol Inks announced their collaboration in March 2022. This collaboration aims to bring together the aerosol jet printing technology of Optomec and the know-how of Aerosol Inks in creating high-performance aerosol inks.
Ball Corporation, a major supplier of aerosol packaging solutions, stated in February 2022 that it has acquired CCL Container (Hermitage) Company. Ball Corporation is expected to be able to broaden its selection of products and attract new clients thanks to CCL Container’s purchase.
A new series of aerosol cans from EXAL Corporation with embedded graphics was introduced in January 2022. This new series of integrated-graphic aerosol cans has an innovative design that enables high-quality images to be printed directly on the can.
Aerosol printing and graphics solution Montebello Packaging Company purchased provider Nofrill’s assets in December 2021. Together with Nofrill, Montebello Packaging will now have access to a greater variety of aerosol printing and graphic options.
Key Segments Profiled in the Aerosol Printing and Graphics Industry
By Printing Technologies:
- Inkjet Technology
- Electrographic Technology
- Offset Technology
- Flexographic Technology
By Ink Type:
- Water-based Ink
- UV-based Ink
- Solvent-based Ink
By End Use:
- Food and Beverages
- Pharmaceuticals
- Automotive
- Chemicals
- Cosmetics and Personal Care
- Homecare
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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