Aerosol Cans Market Size (2024 - 2029)

Aerosol Cans Market Analysis

The Aerosol Cans Market size in terms of shipment volume is expected to grow from 19.22 Billion units in 2024 to 22.38 Billion units by 2029, at a CAGR of 3.09% during the forecast period (2024-2029).

• The demand for aerosol cans is expected to grow constantly during the projection period, propelled by shifting consumer preferences. Aesthetics play a pivotal role in product packaging, offering visual appeal and enhancing storage, transportation, and usability. Also, portability, recyclability, safety, and the rising aesthetic allure of aerosol cans are set to fuel their demand. With the personal care and pharmaceutical sectors on the upswing and a surge in cosmetic product demands, the market is poised for significant growth.
• Crafted from materials like metal, these cans comply with environmental regulations, offering users cost-effective packaging solutions while addressing disposal concerns. This eco-friendly approach benefits users and aids vendors in meeting their sustainability targets. Driven by the surging demand for convenience, aerosol cans, capable of dispensing products under pressure in various forms like sprays, mists, or foams, have steadily risen. From insecticides to cooking sprays, these cans, predominantly fashioned from recyclable steel or aluminum, offer efficient handling as scrap metal and present cost-effective packaging solutions.
• Highlighting their reusability and recyclability, aerosol cans are key market growth drivers. Their versatility extends to packaging various products, from hairsprays to whipped creams. However, as environmental consciousness grows, there are mounting calls for phasing out this packaging.
• As per The International Organisation of Aluminium Aerosol Can Manufacturers (AEROBAL), the global shipments of aerosol cans surged by 6% in 2023. Notably, the shaving foam segment witnessed a remarkable 55% growth, while hairspray and deodorant saw increases of 12% and 9%, respectively. The personal care segment accounted for a significant 83% of these deliveries.
• The beauty and personal care landscape is transforming significantly, driven by a rising appetite for cosmetics and skincare products. Technological advancements, notable mergers, the advent of virtual try-ons, and the prominence of online marketplaces are reshaping the industry. With Western styles exerting a strong influence and aerosol can providers gaining prominence, domestic and international manufacturers are expanding their offerings.
• However, there is a shadow over the aluminum industry. In Germany, primary aluminum production nearly halved in the third quarter of 2023, as reported by Aluminium Deutschland. The industry now faces warnings of potential setbacks from over-regulation, soaring energy costs, and looming economic recessions.

Aerosol Cans Industry Segmentation

Aerosol cans are used as packaging products to dispense the content with the help of a valve. The study tracks the demand based on the unit shipment of aerosol cans globally across end users listed in the survey. The study also assumes supply and demand to be at equilibrium. The study factors the prevalent base scenarios, key themes, and end-user vertical-related demand cycles.

The aerosol cans market is segmented by material type (steel, aluminum, other material types), end-user industry (personal care, household care, automotive, healthcare, and other end-user industries), and geography (North America [United States and Canada], Europe [France, Germany, Italy, Spain, United Kingdom, and Rest of Europe], Asia-Pacific [China, India, Japan, Australia, and New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Argentina, Mexico, and Rest of Latin America], and Middle East and Africa [Saudi Arabia, United Arab Emirates, South Africa, and Rest of the Middle East and Africa]. The market sizes and forecasts for volume for all the above segments are provided.