(EMAILWIRE.COM, December 25, 2018 ) The aerosol cans market has been segmented on the basis of material type, product type, propellant type, end-use sector, and region. On the basis of product type, straight wall accounted for the largest market share, in terms of both volume and value in 2015. On the basis of propellant type, the liquefied gas propellant segment accounted for the largest market, in 2015.
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The global market for aerosol cans is projected to grow from USD 63.06 billion in 2015 to reach USD 80.94 billion by 2021, at an estimated CAGR of 4.3%. The aerosol cans market is driven by factors such as ease-of-use, portability, recyclability, safety & strength, and increase in aesthetic appeal of the product. The increase in disposable income of people in developing economies allows them to spend more on personal care products, thereby helping the aerosol cans industry to grow.
Competitive Landscape
1 Overview
2 Market Share of Key Players
3 Market Share of Key Players
4 Crown Holdings, Inc.
5 Ardagh Packaging Holdings Limited
6 Ball Corporation
7 Colep Portugal S.A.
8 Competitive Situations & Trends
9 Colep has Been the Most Active Strategic Player in the Aerosol Cans Market, 20122016
10 New Product Launches
11 Mergers & Acquisitions
12 Expansions & Investments
13 Partnerships & Joint Ventures
The market ecosystem involves various stakeholders in the aerosol cans market. It starts with the raw material suppliers who provide the required raw materials to the manufacturing companies. The next level in the chain involves the manufacturing and the assembly team. After this, the marketing and sales of the finished products take place, which is only possible if an efficient distribution channel is developed. Finally, the end products are distributed to the consumers.
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The liquefied gas propellant segment accounted for the largest market share in 2015 in the aerosol cans market. Liquefied gas propellants help to maintain the performance of the spray throughout the lifespan of the aerosol can. This is driving the demand for liquefied gas propellants in the aerosol cans market.
Breakdown of primaries
Primary interviews were conducted with a number of industry experts, in order to collect data related to different aspects of aerosol cans. The distribution of primary interviews is as follows:
By Company Type: Tier 1 35%, Tier 2 35%, and Tier 3 30%
By Designation: C level 65%, and Manager level 35%
By Region: Europe 28%,North America 25%, Asia-Pacific 22%, Middle East & Africa 15%, and Latin America 10%
New product launches and mergers & acquisitions were the key strategies adopted by most players in this market. Companies such as Ball Corporation (U.S.), CCL Industries, Inc. (Canada), Crown Holdings, Inc. (U.S.), WestRock Company (U.S.), Ardagh Packaging Holdings Limited (Luxembourg), Nampak Ltd. (South Africa), Colep Portugal S.A. (Portugal), BWAY Corporation (U.S.), and Exal Corporation (U.S.).
The key players who adopted these strategies to increase their customer base in key markets. The leading aerosol can manufacturers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.
More Information Aerosol Cans Market by Material Type (Aluminum, Steel, Plastic, and Glass), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas and Compressed Gas), End-use Sector, and Region – Global Forecast to 2021 report @
http://www.openpr.com/news/1249299/10-Aerosol-Cans-Market-Assessment-for-2021-Asia-Pacific-Region-to-Gain-Maximum-Traction-in-Middle-East-and-Gulf-Region.html
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by Latin America. In Asia-Pacific, China is the largest consumer for aerosol cans, followed by Australia. China, with its growing personal care and healthcare industries, is expected to drive the aerosol cans market. Australia, with its growing inclination toward convenient products, is expected to impact the aerosol cans market in the Asia-Pacific region.
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