Analysis of Metal Aerosol Packaging market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aerosols find their application in deodorants, air fresheners, paints, medical products among many others. Aerosols are usually packed in metal vessels with pressurized spray lids used to disperse the fine particles. These metal vessels protect the aerosols to come in contact with the air outside and even sunlight to protect them from any damage. Metal aerosol packaging is one of the most common aerosol packaging solution which makes it convenient for customers to use products easily.
Personal care products hold the highest market share for metal aerosol packaging. The segment is highly driven by the growing demand for personal care products by the customers. New and innovative products launch in the personal care segment is propelling the growth of the metal aerosol packaging market. Factors like rising disposable income of individuals, changing consumer lifestyle and increasing usage of personal care and cosmetic products are shaping the market for metal aerosol packaging products.
Aluminium is expected to dominate the market for aerosol packaging due to its lightweight, anti-rusting properties and malleable features. The constant demand for aluminium based aerosol packaging is observed in the pharmaceutical and healthcare sectors. Products like pain-relieving sprays and asthma inhalers are some products which are continuously using metal aerosol packaging.
Other market drivers like the usage of metal aerosol packaging in the industrial and automotive industry are further shaping the market. The demand for metal aerosol packaging is also driven by the features like its portability, hygienic to use, lightweight and recyclable. Metal packaging is considered sustainable over plastic or paper packaging and highly preferred by customers.
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The expensive cost of manufacturing, increasing prices of metals and fluctuating demand for products is constantly challenging the manufactures in the metal aerosol packaging market. The retail industry is constantly experiencing changes in customer consumption which is directly affecting the metal aerosol packaging market.
Some of the key manufacturers making metal aerosol packaging products are
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With a large manufacturer and consumer base, North America is expected to lead the market for Metal aerosol packaging followed by the Asia Pacific and Europe. Increasing urbanization and industrial growth in the Asia Pacific are some major factors for its growth. Growing usage of paints, adhesives and advanced aerosol sealants is expected to grab metal aerosol packaging in the Asia Pacific. European markets are observing high demands for cosmetic and healthcare products which are reshaping the market of metal aerosol packaging in the region.
Due to the onset of a pandemic, metal aerosol packaging is facing challenges like gaps in the supply chain, increased costs of raw materials and labour shortage. However, the medical and healthcare sector is supporting the demand for metal aerosol packaging in the market. However, government restrictions on the movement of goods and lower customer demands are some impacts that the metal aerosol packaging market is facing which are expected to be neutralized by 2022-2023.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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The Metal Aerosol Packaging market is expected to grow at a 4.8% CAGR from 2021 to 2031
By 2031-end, Metal Aerosol Packaging sales are likely to reach US$ 10.7 Billion
AeroPack Industries Inc., Alucon Public Company Limited, Ardagh Packaging Holdings Limited, Ball Corporation, and Bway Corporation are some leading Metal Aerosol Packaging market players.
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