Aerosol Market, By Material (Glass, Plastic, Steel, Aluminum), By Type (Standard and Bag-on-valve (BoV)), By Application (Automotive & Industrial, Household, Medical, Personal Care, Paints, and others), and By Geography (EU, NA, APAC, LATAM, and MEA) – Analysis, Size, Share, Trends, & Forecast from 2021-2027
REPORT HIGHLIGHT
The global aerosol market was valued at USD 85.67 billion by 2019, growing with 5.6% CAGR during the forecast period, 2021-2027.
The aerosol is a suspension of liquid droplets or solid particles in the air or another gas. Moreover, aerosols can be anthropogenic or natural. Some examples of natural aerosols include mist, fog, dust, geyser steam, and others. The application of aerosols includes automotive, personal care products, food products, paints, and medical among others.
Market Dynamics
The world aerosol market is an established market and is projected to witness substantial growth during the forecast period. The rising consumption of numerous personal care products such as hair sprays, deodorants, shaving creams, and others. The rising demand for eco-friendly packaging is another key factor anticipated to enhance the global aerosol market growth in the years to come.
Furthermore, the growing use of aerosol in the automotive industry in the form of lubricant cans, cleaners, ignition sealer, and others along with the introduction of the Environmental Protection Agency (EPA) approved aerosol products are some other key factors for the growth of the global aerosol market during the forecast period.
Material Takeaway
Based on material, the global aerosol market is further bifurcated into glass, plastic, steel, and aluminum. The aluminum category had a major share in the global aerosol market in 2019 and had more than 1/3rd of the market revenue share in the same year. This is mainly due to the high adoption rate of aluminum in the packaging industry. Moreover, aluminum can be recycled multiple times along it is an environmentally friendly material. The aluminum category is estimated to continue its dominant position in the years to come.
Besides, the plastic category is estimated to grow at a significant CAGR over the upcoming years due to the growing demand for plastic material among aerosol manufacturers. The low cost, high recyclability of PET plastic, low weight, and others are some of the key benefits of anticipated to enhance category growth.
Application Takeaway
On the basis of application, the global aerosol market is bifurcated into automotive & industrial, household, medical, personal care, paints, and others. Personal care accounted for the largest share in the global market in 2019 and had more than 33% of the market revenue share in the same year. The rising demand for personal care products including hair care, deodorants, and others is one of the key factors for category dominance.
On the other flip, the automotive and industrial category is estimated to grow at a significant CAGR over the upcoming years. This is mainly due to growing consumer awareness regarding the maintenance and appearance of vehicles along with growing sales of automotive vehicles.
Regional Takeaway
Based on geographical analysis, the global aerosol market is categorized into five geographies North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). Europe accounted for the largest share in the global aerosol market in 2019 and accounted for more than 30% of the market revenue share in 2019. The high consumption of cosmetics along with increasing consumer spending on personal care products are the key factors for regional dominance.
Besides, Asia Pacific is anticipated to witness lucrative growth in the years to come due to the rising manufacturing industry and growing consumer spending on personal care products. The rising automotive industry in the region along with increasing consumption of cosmetics, paints, and other products is further anticipated to enhance regional growth over the forecast period.
COVID-19 Impact
The COVID-19 pandemic had an enormous impact across numerous industries including oil & gas, manufacturing, electronics, supply chain, and others. To fight against the COVID-19 outbreak various countries such as India, the U.K., the U.S., Germany, and others had announced complete lockdown or partial lockdown due to which manufacturing industry across the globe is severely impacted. The COVID-19 pandemic had a severe impact on the global aerosol market. The demand for aerosol during the COVID-19 period has decreased owing to the halt in the manufacturing industry across the globe. According to a recent survey conducted by the National Association of Manufacturers (NAM) from 28th February to 9th March 2020, on the manufacturing industry in the U.S., over 53% of respondents said that they assume huge changes in the operations in the upcoming months.
Key Vendor Takeaway
Some of the prominent players operating in the industry include Henkel, Oriflame Cosmetics S.A., Reckitt Benckiser, Estee Lauder, S.C. Johnson, Beiersdorf AG, Protector & Gamble, Akzo Nobel N.V., Crabtree & Evelyn, Unilever Limited, Colep Portugal S.A., Spray Products Corporation, Honeywell International Inc., Ball Corporation, an Impress Group B.V. among others.
The industry is extremely fragmented in nature owing to the presence of a large number of major players at the global, regional, as well as country level. Apart from this, with the rising demand for aerosol, the industry participants have prominently adopted numerous market growth strategies such as merger & acquisition, collaboration, strategic partnerships, and product launches to retain their position on the world level. For instance, in 2018, Spray Products Corporation announced that it has taken ownership of a 270,000 square-foot facility in Ohio.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2018
- Base Year – 2019
- Estimated Year – 2020
- Projected Year – 2021 to 2027
TARGET AUDIENCE
- Manufacturers
- Raw Material Suppliers
- Distributors
- Software Vendors
- Research Organizations
- Consulting Firms
- Government and Regional Agencies
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AEROSOL MARKET KEY PLAYERS
- Henkel
- Oriflame Cosmetics S.A.
- Reckitt Benckiser
- Estee Lauder
- C. Johnson
- Beiersdorf AG
- Protector & Gamble
- Akzo Nobel N.V.
- Crabtree & Evelyn
- Unilever Limited
- Colep Portugal S.A.
- Honeywell International Inc.
- Spray Products Corporation
- Ball Corporation
- Impress Group B.V.
GLOBAL AEROSOL MARKET, BY MATERIAL
- Glass
- Plastic
- Steel
- Aluminum
GLOBAL AEROSOL MARKET, BY TYPE
- Standard
- Bag-on-Valve (BoV)
GLOBAL AEROSOL MARKET, BY APPLICATION
- Automotive & Industrial
- Household
- Medical
- Personal Care
- Paints
- Others
GLOBAL AEROSOL MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. AEROSOL MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Material
2.1.2. Market Snippet by Type
2.1.3. Market Snippet by Application
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. AEROSOL KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. AEROSOL INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. AEROSOL MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. AEROSOL MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. AEROSOL MARKET – BY MATERIAL
7.1. Overview
7.1.1. Segment Share Analysis, By Material, 2020 & 2027 (%)
7.2. Glass
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.3. Plastic
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.4. Steel
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.5. Aluminum
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8. AEROSOL MARKET – BY TYPE
8.1. Overview
8.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
8.2. Standard
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.3. Bag-on-Valve (BoV)
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9. AEROSOL MARKET – BY APPLICATION
9.1. Overview
9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
9.2. Automotive & Industrial
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3. Household
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4. Medical
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5. Personal Care
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6. Paints
9.6.1. Overview
9.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.7. Others
9.7.1. Overview
9.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10. AEROSOL MARKET– BY GEOGRAPHY
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
10.2. North America
10.2.1. Overview
10.2.2. Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.2.4. North America Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.2.5. North America Market Size and Forecast, By Type, 2016 - 2027 (US Billion)
10.2.6. North America Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.2.7.3. U.S. Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.2.7.4. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.2.7.5. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.2.8.3. Canada Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.2.8.4. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.2.8.5. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3. Europe
10.3.1. Overview
10.3.2. Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.3.4. Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.5. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.6. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.7.3. Germany Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.7.4. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.7.5. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3.8. Italy
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.8.3. Italy Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.8.4. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.8.5. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3.9. United Kingdom
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.9.3. United Kingdom Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.9.4. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.9.5. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3.10. France
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.10.3. France Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.10.4. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.10.5. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.3.11. Rest of Europe
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.11.3. Rest of the Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.11.4. Rest of the Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.11.5. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Key Manufacturers in Asia Pacific
10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.4.4. Asia Pacific Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.5. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.6. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4.7. India
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.7.3. India Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.7.4. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.7.5. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4.8. China
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.8.3. China Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.8.4. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.8.5. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.9.3. Japan Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.9.4. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.9.5. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4.10. South Korea
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.10.3. South Korea Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.10.4. South Korea Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.10.5. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.4.11. Rest of APAC
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.11.3. Rest of APAC Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.11.4. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.11.5. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.5. Latin America
10.5.1. Overview
10.5.2. Key Manufacturers in Latin America
10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.5.4. Latin America Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.5. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.6. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.7.3. Brazil Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.7.4. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.7.5. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.8.3. Mexico Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.8.4. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.8.5. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.9.3. Argentina Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.9.4. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.9.5. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.5.10. Rest of LATAM
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.10.3. Rest of LATAM Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.10.4. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.10.5. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.6. Middle East and Africa
10.6.1. Overview
10.6.2. Key Manufacturers in Middle East and Africa
10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.6.4. Middle East and Africa Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.5. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.6. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.7.4. Saudi Arabia Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.7.5. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.6.8. United Arab Emirates
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.8.3. United Arab Emirates Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.8.4. United Arab Emirates Market Size and Forecast, By Type 2016 - 2027 (US$ Billion)
10.6.8.5. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10.6.9. Rest of MEA
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.9.3. Rest of MEA Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.9.4. Rest of MEA Market Size and Forecast, By Type 2016 - 2027 (US$ Billion)
10.6.9.5. Rest of MEA Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
11. KEY VENDOR ANALYSIS
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Henkel
11.2.1.1. Company Snapshot
11.2.1.2. Financial Performance
11.2.1.3. Product Benchmarking
11.2.1.4. Strategic Initiatives
11.2.2. Oriflame Cosmetics S.A.
11.2.3. Reckitt Benckiser
11.2.4. Estee Lauder
11.2.5. S.C. Johnson
11.2.6. Beiersdorf AG
11.2.7. Protector & Gamble
11.2.8. Akzo Nobel N.V.
11.2.9. Crabtree & Evelyn
11.2.10. Unilever Limited
11.2.11. Colep Portugal S.A.
11.2.12. Honeywell International Inc.
11.2.13. Spray Products Corporation
11.2.14. Ball Corporation
11.2.15. Impress Group B.V.
12. 360 DEGREE ANALYST VIEW
13. APPENDIX
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
