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Global Aerosol Caps Market to Grow at a CAGR of 3.20% During 2022-2027, Aided by the Rising Application of Aerosol Sprays in the Healthcare Industry

According to a new report by EMR titled, ‘Global Aerosol Caps Market Report and Forecast 2022-2027’, the global aerosol caps industry stood at a value of around USD 376 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 3.20% to reach USD 455 million by 2027.

The rising application of aerosol caps in the healthcare industry is likely to drive the market in the forecast period. This can be attributed to the growing demand for aerosol sprays as coolants, to cool, hydrate, and calm the skin down. The aerosol disinfectants prevent the spread of bacteria and fungi. Hence, aerosol disinfectants are important to hinder hospital acquired contaminations. Over the forecast period, the rising medical conditions such as burns, insect bites, stings, cuts, and scratches are anticipated to augment the market.

In terms of region, the Asia Pacific region accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. The growing expansion of the major end-use industries of the product, which include personal care, automotive, food and beverage, household, and paints, among others is likely to provide impetus to the market. Moreover, the increasing urbanisation and infrastructure development is likely to aid the market growth in the region.

In June 2021, Beiersdorf AG (ETR: BEI) along with Nussbaum, announced the launch of 100 percent recycled aluminium aerosol can. The roll out of the product is expected to take place in 2021.

Market Breakup by Application and Region:

  • The market, based on application, can be segmented into personal care, household, automotive and industrial, paints, and medical, among others.
  • Region-wise, the global market for aerosol caps can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising application of aerosol caps in the healthcare industry is driving the market.
  • The thriving personal care industry owing to the rising disposable incomes and rising population will augment the market.
  • In addition to this, rising application of aerosol caps from the paints sector, owing to the rapid urbanisation and industrialisation in emerging economies, will boost the market growth.
  • The market will further be aided by the emerging e-commerce sector which will escalate the sale of the end use products of aerosol sprays, thereby, propelling the demand for aerosol caps.

Key Offerings of the Report:

  • The EMR report gives an overview of the global aerosol caps industry for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the applications and regions of aerosol caps.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global aerosol caps market are Crown Holdings, Inc., Rackow Polymers Corporation, Silgan Dispensing Systems., Clayton Corporation, and LINDAL Group Holding GmbH, 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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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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