Global Aerosol Cans Market Is Anticipated To Witness Growth Owing To Increasing Applications In Cosmetic And Personal Care Industries And Growing Demand For Aluminium Based-Aerosol Cans

Aerosol Cans Market
Aerosol Cans Market

Overview:

Aerosol cans are small containers used to hold liquid products that are dispersed with pressure. They are usually made of metals, such as aluminum and steel, and are designed to be hand-held. The contents inside an aerosol can are usually highly pressurized hydrocarbon propellants. This type of propellant is flammable.

A variety of propellants are used to create an aerosol can, including propane, butane, and carbon dioxide. There are also several new innovative aerosol technologies that are available, including the bag-on-valve system. It is commonly used in pharmaceuticals and high-end cosmetics, and has several advantages over conventional valves. There are three general types of hazards that can occur when using aerosol cans. Each hazard is different, as they all pose a risk to people and nearby materials.

Market Dynamics:

Increasing demand is estimated to augment growth of the global Aerosol Cans Market during the forecast period. For instance, Mauser Packaging Solutions expanded their production capacity for plastic drums and intermediate bulk containers (IBCs) in September 2021, in Turkey. Moreover, strict regulations associated with hazardous waste disposal is anticipated to restrain growth of the global aerosol cans for market during the forecast period.

Impact of COVID-19:

The pandemic had a huge impact on all sectors worldwide. Many nations imposed strict measures for preventing the spread of the virus. The raw materials that are required for making propellants are obtained from crude oil. Travel bans also restricted distribution and disrupted supply chains. This hampered the growth of the global Aerosol Cans Market during the pandemic. The unavailability of crude oil during the pandemic as workers were not able to work in oil rigs caused fluctuations in the market. This caused a rise in prices of aerosol propellants and affected the demand in the market.

Key Takeaways:

The global Aerosol Cans Market is estimated to witness robust growth, exhibiting CAGR at high rate during the forecast period, owing to adoption of growing adoption of inorganic growth strategies.

For instance, Tubex Industria E Comercio de Embalagens Ltd., was acquired by a leading aerosol packaging company, Ball Corporation in 2020, for strengthening their footprint and product expansion in Latin America. Europe is anticipated to witness robust growth in the global aerosol cans for market over the forecast period, due to rising demand in personal care industry and growing focus on reducing the packaging disposal in the region.

Major players operating in the global aerosol cans for market are CCL Container, Ball Corporation, Nampak Ltd., Trivium Packaging, Toyo Seikan Co. Ltd., Crown, and Mauser Packaging Solutions.

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