Aerosol Can Market Size, Share & Industry Analysis, By Material (Aluminum, Steel & Tinplate, and Plastic), By Product Type (Straight Wall, Necked-In, Shaped, and Others), By Application (Personal Care, Home Care, Pharmaceutical, Automotive & Industrial, Paints, and Others), and Regional Forecast, 2024-2032

The global aerosol can market size was valued at USD 10.52 billion in 2023 and is projected to grow from USD 11.08 billion in 2024 to USD 17.32 billion by 2032, exhibiting a CAGR of 5.75% during the forecast period. Europe dominated the aerosol can market with a market share of 37.64% in 2023. Moreover, the aerosol can market in the U.S. is projected to grow significantly, reaching an estimated value of USD 2.58 billion by 2032, driven by the recyclability of aluminum cans enhancing the market growth.

An aerosol can is an independent dispensing system in which a substance is stored in a container and expelled as a fine spray, mist, or foam. These cans are sealed so that the product they contain cannot leak or spill, and the valve system allows for the precise amount of product to be applied from a safe distance. The increasing efficient use of such cans, particularly in the pharmaceutical sector to dispense drugs that need to be inhaled in measured doses, is enhancing the growth of this market. The use of these cans in the food industry to avoid product contamination and spills, such as frosting pastries and cheese foam, is also contributing to the increased demand in this sector. Moreover, the growing demand for such cans in the automotive, paints, and personal care industries, owing to many benefits, is further thriving the growth of this market.

The COVID-19 pandemic had adverse impacts on all economies and the market. As people were forced to maintain social distance, the shutdown of borders and manufacturing units resulted in a decline in the demand and supply of products, leading to negative growth in the industries. The personal care, automotive & industrial, and other sectors experienced a negative demand during that phase, leading to negative growth during the pandemic.

Aerosol Can Market Trends

Rising Concern for Hygiene is Emerging as the New Trend for the Homecare Segment

The pandemic made consumers more aware of the importance of hygiene and cleanliness to safeguard their health and avoid the spread of diseases. Retailers experienced exceptional demand for cleaning products, such as sanitizers, hand sanitizers, and other household cleaning supplies. The cans provide an untouched experience, and the propellant makes it easier to dispense the product, thus driving the growth of this market. With changing lifestyles, rapid urbanization, and increased spending on such products, consumers have become more conscious of maintaining a clean and hygienic environment. This has led to an increase in demand for organic and sustainable cleaning products.

As more and more people become health-conscious and concerned about the environmental impact of the products they use, the demand for organic household cleaners has increased. Consumers are looking for eco-friendly dishwashing products and toilet care with natural ingredients and refreshing scents. This has led to innovative cleaning products with different scents, packaging, and qualities. The demand for home care products in developed and emerging nations due to the thriving real estate sector, household spending, and housing unit growth are some of the growth factors driving the demand for these cans in the home care segments.

Aerosol Can Market Growth Factors

Recyclability of Aluminum Cans is Enhancing the Global Aerosol Can Market Growth

Metal packaging has become a preferred choice for brands aiming to advance their circular initiatives. The key advantage of metal is its ability to undergo repeated recycling processes without sacrificing purity or quality. Aluminum aerosol cans are manufactured from high-purity aluminum, and their high value, combined with a high level of effectiveness and the unique properties of metal, offers superior packaging and a competitive advantage over other packaging types, thus driving the demand for aluminum cans in the global market. Moreover, recycling aluminum uses 95% less energy than manufacturing aluminum from raw materials, and 97% of the greenhouse gas emissions generated in the primary production process are saved. In addition, manufacturing aluminum cans from recycled metal is 20 times more energy-efficient than using crucial materials. People's interest in aluminum cans is shifting due to recyclability and increased awareness of sustainability.

For instance, CMI (Can Manufacture Institute) and HCPA (Household & Commercial Products Association) launched an Aerosol Recycling Initiative with the support of almost 20 companies across the aerosol value chain to increase access to aerosol recycling and on-pack recyclability messaging. The main goal of the initiative is to achieve an 85% recycling access rate for almost all aerosol cans, label at least 90% of cans as recyclable, and educate others on how to properly recycle them. Hence, such initiatives and awareness activities are fueling the market’s growth.

Furthermore, manufacturers are taking initiatives by incorporating recycled aluminum in the packaging, and one such initiative is taken by Beiersdorf, which is a personal care product manufacturer. In September 2023, the company announced that all its deodorant cans will contain at least 50% recycled aluminum and will weigh 11.6% less due to material reduction. The initiative will reduce CO2e emissions in the aerosol can value chain by around 58%.

Increasing Demand from the Cosmetic Industry is Driving the Growth of this Market

Aerosol cans are extensively used in the personal care and cosmetics industry for products such as hairsprays, deodorants, body mists, shaving creams, and sunscreens. Rising disposable incomes in emerging markets are enabling people to spend more on their personal care and cosmetics products, fueling the growth of this market. Deodorants and perfumes remain the dominant and most important markets for these cans, accounting for almost 55% of the cans produced worldwide. The dominance is attributed to the can’s suitable packaging for global brands and their products. Due to the premium quality inherent in the material, the luxurious feel, and their convincing visual appearance, which enables persuasive product differentiation at the point of sale, they are often positioned in the high-price segment. In addition, aerosols offer high quality and safety standards as well as all the convenience aspects that are expected of packaging, especially in the upscale segment. Furthermore, sophisticated printing techniques offer marketing strategies and opportunities to place brand product images in an effective and eye-catching manner, thus driving the demand for these cans in the body care and cosmetics industries.

Furthermore, men today are more aware of skincare than ever before. They understand that appropriate skincare goes beyond just looking good—it is also about maintaining healthy skin. Therefore, using suitable grooming essentials is crucial to maintain optimal skin health. Thus, rising in the demand for men’s grooming products is driving the growth of this market.

RESTRAINING FACTORS

Ignorance in the Usage of Aerosol Cans is Impeding Market Growth

Aerosol cans have various uses and are employed in different end-use industries. However, these cans are deemed unsafe due to the unusual mixture of substances stored under pressure in the metal canister. Even if the active substance is not a hazardous chemical (such as food products), it can still burst or turn into a dangerous projectile. The biggest concern with such cans in the workplace is their potential to ignite other harmful chemicals and substances.

Insecticides, adhesives, car sprays, paints, cleaning products, solvents, and varnishes are all harmful materials and can cause injury if a worker inhales or ingests the chemicals. Therefore, it becomes extremely important for supervisors to check Safety Data Sheets (SDS) before allowing new chemicals into the workplace. Sometimes, this practice needs to be remembered when the substance arrives packaged in a neat little aerosol can, leading to accidents and restricting the market growth.

Furthermore, these cans are mainly single-use, and the dispenser is non-refillable. Due to the amount of propellant gas contained in the mixture, only a smaller amount of pure product is applied, thereby increasing waste and similar factors that restrain the market’s growth.

Aerosol Can Market Segmentation Analysis

By Material Analysis

Aluminum's Versatility and Recyclability Propel Its Market Leadership

Based on material, the market is segmented into aluminum, steel & tinplate, and plastic.

Aluminum holds the largest market share. It is preferred by manufacturers, retailers, and mainly buyers due to its better physical properties over other materials. It is lightweight, easy to handle, and economical regarding domestic and overseas shipping. In addition, aluminum provides high strength and corrosion resistance. The high recyclability of aluminum is one of the primary reasons for the rapid growth of this segment. Furthermore, the easy customizability and flexibility of aluminum to be molded into any shape contribute to the growth of this segment.

By Product Type Analysis

Necked-in Cans Gaining Traction for Residue Elimination and Enhanced Shine in the Industrial Sector

Based on product type, the market is segmented into straight wall, necked-in, shaped, and others. The necked-in segment holds the largest aerosol can market share. These cans are sealed and thus provide safety to the content inside and prevent it from any contamination. The use of necked-in cans in the industrial sector to eliminate residue in engines and enhance shine is driving the growth of this segment.

The straight wall segment is the second dominating segment of this market. The increasing use of these cans in the paints and food & beverage industry is flourishing the segment’s growth.

By Application Analysis

Personal Care Takes the Lead as Demand Surges for Diverse Products and Competition Heats Up

Based on application, the market is segmented into personal care, home care, pharmaceutical, automotive & industrial, paints, and others.

The personal care segment is the leading segment of this market. Personal care comprises a wide range of products and is a highly competitive segment. The increasing use of hair care products, such as hairsprays, hair mousses, hair shines, and body care products, such as hydrating creams, deodorants, foams & gels, is raising the demand for personal care products, thus driving the growth of this market.

One of the primary reasons for the growth of the personal care segment across the world is the increasing disposable income of people in developing countries and their concern for appearance. Aerosol cans are very efficient and clean as they allow for less messy application of products, such as creams and lotions than traditional packaging. The nozzle of these cans helps with easy content removal, thus fueling the growth of this segment.

Homecare is the second dominating segment of this market. The demand for detergents, cleansers, and other home cleaning products is growing, especially after the pandemic as people have become more conscious about their health and surroundings. This has driven the growth of this segment.

REGIONAL INSIGHTS

The market is analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Europe is the leading region in this market. The awareness among people regarding the health and skin benefits of personal care products and the usage of products to boost their well-being and self-esteem is driving the growth in this region.

North America is the second-largest region in this market. The well-established pharmaceutical industry, coupled with the growth in the rising automotive industry, is boosting the growth in this region.

Asia Pacific accounts for the highest growth due to the presence of 59.22% of the world’s population, making it the highest-consuming region. The continuously rising population and disposable income, along with the increasing awareness of personal cleanliness and health, are causing massive growth in this region.

Latin America is expected to grow moderately due to rising infrastructural activities and the trend of using home care products. The Middle East & Africa is anticipated to grow at a significant rate during the forecast period due to the rising trend of using personal care products and the influence of Western countries.

List of Key Companies in Aerosol Can Market

Key Participants in the Market Witnessing Significant Growth Opportunities

The global market is highly fragmented and competitive. In terms of market share, a few major market players dominate the market by offering innovative packaging solutions in the packaging industry. These major players are constantly focusing on expanding their customer base across regions and driving innovation. Key players in the market include Ball Corporation, Crown Holdings, CCL Industries, Sonoco Product Company, and others. Numerous other players operating in the industry are also focused on delivering advanced packaging solutions.

List of Key Companies Profiled:

• Ball Corporation (U.S.)


• Crown Holdings (U.S.)


• CCL Industries (Canada)


• Trivium Packaging (U.S.)


• Sonoco Products Company (U.S.)


• Nampak (South Africa)


• Alucon (Thailand)


• Mauser Packaging Solutions (U.S.)


• Hindustan Tin Works Ltd. (India)


• Alltub Group (France)

KEY INDUSTRY DEVELOPMENTS:

• July 2023 - APS unveiled propellant-free and reusable aerosol technology twistMist, which eliminates the need for pressurized plastic, tinplate, and aluminum cans, helping brands to switch to recyclable plastics, such as PET and HDPE. It is the only aerosol that allows refills and can be reused for almost 10,000 spray cycles.


• October 2022 - Plastipak, one of the leaders in PET plastic aerosol molding technology, launched SprayPET Revolution, a 100% polymer aerosol that is fully recyclable and metal-free. The bottle is made up of PET and can be recycled easily as it has no metal content, reducing the carbon footprint.


• June 2022 - Ball Corporation launched a low-carbon footprint aerosol can made of aluminum. New cans are incorporated with 50% recycled material and low-carbon aluminum that has been smelted by using renewable energy sources. It will help the company to reduce its carbon emissions by 16% by 2030.


• April 2022 - Sidel launched a PressureSAFE aerosol container for personal care and home care. Containers have dispensing packaging and are made of PET, making them recyclable. The new packaging has high product safety standards, making the PET container as safe as the metal ones.

REPORT COVERAGE

The market research report provides a detailed analysis of the market. It focuses on key aspects such as leading companies, competitive landscape, product/service types, Porter’s five forces analysis, and leading applications of the product. Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the above factors, the report encompasses several factors that contributed to the market's growth in recent years.

Report Scope & Segmentation