PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1615971
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1615971
The Global Aerosol Packaging Market was worth USD 7.35 billion in 2023 and is expected to register a 5% CAGR between 2024 and 2032, owing to rising consumer awareness about hygiene and grooming. As individuals prioritize personal care, the demand for products like deodorants, hair sprays, and sanitizers packaged in aerosols continues to grow. Moreover, the pharmaceutical industry is contributing to this market expansion, with aerosols being used in respiratory treatments like inhalers. The convenience, hygiene, and precision these applications offer make them appealing to both consumers and manufacturers, becoming major contributors to the increasing market size of aerosol packaging.
The aerosol packaging industry is classified based on product type, material, application, end-use, and region. The aluminum segment achieved a 59% share in 2023, fueled by its superior qualities like corrosion resistance, lightweight design, and exceptional recyclability. These attributes make aluminum a preferred material for various applications, including personal care, household, and pharmaceutical products. Aluminum's ability to maintain product integrity by providing a robust barrier against moisture and contamination further enhances its appeal.
Besides, the growing demand for eco-friendly packaging solutions has boosted its usage, positioning aluminum as the leading material in aerosol packaging. The cosmetics and personal care segment will expand to 5.5% CAGR, driven by the rising demand for beauty and grooming products. Items such as deodorants, hair sprays, and body sprays are increasingly favored for their ease of use and convenience. The aerosol format enhances the application experience, allowing for even distribution and controlled usage.
Market Scope | |
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Start Year | 2023 |
Forecast Year | 2024-2032 |
Start Value | $7.35 Billion |
Forecast Value | $11.5 Billion |
CAGR | 5% |
Also, the trend toward innovative product formulations in the cosmetics industry further fuels the growth of aerosol packaging within this segment. North America aerosol packaging market accumulated a 37% share in 2023 due to the region's robust demand for personal care and household products. The increasing focus on hygiene and grooming, coupled with the rising popularity of innovative aerosol formulations, significantly boosts market growth. Furthermore, stringent regulations on product safety and environmental sustainability are pushing manufacturers to adopt advanced aerosol technologies.The presence of leading companies and a strong distribution network further enhance market accessibility, making North America a notable contributor to the overall aerosol packaging industry.