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Aerosol Market Trends

  • Report ID: GMI9620
  • Published Date: May 2024
  • Report Format: PDF

Aerosol Market Trends

The aerosol industry is experiencing a surge in adoption within the automotive and DIY sectors, emerging as a pivotal driver of innovation and convenience. In automotive maintenance, aerosols offer precise application and easy handling, simplifying tasks such as lubrication, rust prevention, and detailing. DIY enthusiasts are drawn to aerosol products for their user-friendly nature, enabling efficient home projects ranging from painting and adhesive application to cleaning and sealing. This trend is fueled by the growing preference for hassle-free solutions that save time and effort, positioning aerosols as indispensable tools in both professional and amateur settings. As demand continues to escalate, manufacturers are diversifying their offerings, further propelling the expansion of the market into these key sectors.
 

Furthermore, the cosmetics and personal care industry is experiencing a significant expansion in the aerosol market, fueled by several key drivers. Firstly, consumer demand for convenience and ease of application is propelling the popularity of aerosol products, offering quick and efficient ways to apply various beauty and personal care formulations. Additionally, advancements in aerosol technology have led to innovations in packaging designs and product formulations, enhancing both functionality and appeal. Furthermore, the growing focus on sustainability is prompting manufacturers to develop eco-friendly aerosol solutions, utilizing materials that minimize environmental impact. This expansion in the aerosol segment of the cosmetics and personal care industry not only caters to evolving consumer preferences but also drives product diversification and market growth.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for aerosol was valued at USD 39.56 billion in 2023 and is anticipated to register over 5.6% CAGR between 2024 and 2032 due to the collaborations between industry players and research institutions to drive R&D efforts in sustainable aerosol technology.

The compressed gas propellant type segment in the aerosol market held a share of USD 17.95 billion in 2023, due to its scalability, versatility, and reliable performance in cosmetics, personal care, household cleaners, and pharmaceuticals.

North America dominated the market in 2023 by generating USD 13.94 billion, driven by robust demand and innovative products in personal care, household items, and automotive sectors, reflecting consumer preferences for convenience and sustainability.

AkzoNobel N.V., Crown Holdings, Inc., Guangdong Theaoson Technology Co.,Ltd, HCP Wellness, Henkel AG & Co. KGaA, Honeywell International Inc., S.C. Johnson & Son Inc., Toyo Seikan Group Holdings, Ltd., Vanesa Cosmetics Pvt. Ltd, and Vaspal Packaging LLP.

Aerosol Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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