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The global aerosol cans market is being driven by the thriving personal care and home care industry. Europe is the leading market in the global aerosol cans market, accounting for nearly 33% of its global production. The market in the region is supported by its increased demand from the personal care sector, with consumers ready to spend more on premium quality products. North America follows Europe as the leading producer of aerosol cans. Aluminium aerosol cans, being sustainable, have become the preferred choice for use among consumers, occupying the majority of the market share. The Asia Pacific and Latin America are the emerging markets for the product, wherein the growth of the industry can be attributed to the growing awareness regarding personal hygiene and the rising disposable income of the consumers in the region. Moreover, the increased focus by manufacturers to produce lightweight packaging material, which can further be recycled, is supporting the growth of the global aerosol cans industry.
The rising demand for sustainable products is leading manufacturers to focus on the production of sustainable packaging options, resulting in the increased demand for aluminium aerosol cans in the packaging industry. In August 2020, Ball Corporation (NYSE: BLL), a leading player in the industry, announced the launch of infinitely recyclable aluminum cups in the U.S., which the company developed as an alternative to plastic cups, seeing an increasing demand for sustainable packaging in the region for use at home and in other areas, including indoor and outdoor venues across the country.
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The major players in the global aerosol cans market are Ball Corporation, Crown Holdings, Inc., Exal Corporation, CCL Industries, AN-PACK S.A., Ardagh Group., and BWAY Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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