Competitive Landscape of the Aerosol Cans Industry: Key Players and Market Share
The Aerosol Cans market size is estimated to be USD 11.2 billion in 2023, and it is projected to reach USD 13.6 billion by 2028 at a CAGR of 4.0%. Aerosol cans are pressurized containers that are used to store and discharge a wide variety of items as a fine spray or mist. Metal (such as aluminum or steel) or, in certain situations, plastic is used to make these cans.
Aerosol Cans Companies
The aerosol cans market is segmented on the basis of several materials that are used to make Aerosol Cans, such as steel, aluminum, plastic, and others. Aerosol Cans are used in several end-use sectors Personal care, Household care, Healthcare, Automotive, and others. In addition to this, the Aerosol Cans market is also segmented on the basis of type such as Liquefied Gas Propellant, and Compressed Gas Propellant. The Aerosol Cans market is also segmented on the basis of Product type i.e., 1-Piece Cans, and 3-Piece Cans. Some of the leading companies involved in the manufacturing of Aerosol Cans are Ball Corporation (US), Trivium Packaging (Netherlands), Crown (U.S.), Mauser Packaging Solutions (U.S.), and Toyo Seikan Co. Ltd. (Japan), and others are covered in the Aerosol Cans market. Various growth strategies such as acquisitions, product launches, expansion, partnerships, mergers, etc. have been adopted by these players to strengthen their position in the Aerosol Cans market.
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Ball Corporation (US) provides metal packaging for beverages, foods, and household products. It operates through the following business segments, namely, Global Beverage Packaging, Aerospace, Aerosol Packaging, and Aluminum Cups. The Global Beverage Packaging includes beverages cans, Bevarage Ends & Tabs, .Beverage Bottles, Household & Personal Care Bottels, and Aluminum Slugs. In the Aerosol Packaging segment, the company offers several aerosol cans which can be used by various end-use sectors i.e. personal care, household care, etc. For government and commercial customers, the company designs, develops, and manufactures innovative aerospace systems and related technologies such as instruments and sensors, spacecraft and space science, electronic warfare, aerospace technology and components, radio frequency systems and components, antennas and microwave systems, and data exploitation solutions.
Trivium Packaging (Netherlands) is a metal packaging manufacturer for the beauty, beverage, food, home care, industrial, and pharmaceutical industries. The company provides sustainable metal packaging products such as cans, bottles, kegs, slugs, and end components for major global brands of various companies by utilising a number of shaping technologies, including mechanical expansion and blow moulding, to develop standard and custom shapes based on product requirements, thereby helping to protect and promote the identity of its partners.
Crown (US) Crown is a packaging solutions company. It develops, manufactures, and distributes metal packaging products for consumer goods. Beverage cans, glass bottles, food cans and closures, aerosol cans, specialised packaging goods and transportation packaging are all part of the company's product portfolio. It also sells industrial items like paper-based protective packaging, steel and plastic strap consumables, and plastic film consumables. It caters to a variety of markets, including food, beverages, industrial, personal care, luxury products, metals, promotional, and domestic items. Crown operates through production factories and sales service centres located in the Americas, Europe, the Middle East, and Asia-Pacific.
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Asia Pacific is the fastest-growing market for the Aerosol Cans market
Asia Pacific is the the fastest-growing market during the forecast period. The robust growth of the aerosol cans market in the APAC region can be attributed to multiple factors, including the rising disposable income levels in developing economies like China and India. Key drivers encompass industrialization, the expansion of the convenience food industry, increased manufacturing activities, elevated disposable incomes, heightened consumption levels, and a surge in retail sales. Furthermore, heightened spending on packaged foods and beauty care products has contributed to the escalating demand for aerosol cans within the region.
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