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Global Aerosol Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Aerosol Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)

The aerosol market is likely to witness a moderate growth during 2018-2023 (the forecast period). Asia-Pacific is expected to witness strong demand for aerosol, fueled by increasing investment in the medical industry, increasing automotive production, and growing demand for paints & coatings. Moreover, the increasing awareness about hygiene and increasing demand for personal care products is likely to increase aerosol demand for application in the production and packaging of hygiene and personal care products.

Increasing Awareness Related to Hygiene & Personal Care

Increasing awareness related to personal care has increased the demand for cosmetics, such as deodorants, antiperspirants, cream foundation, hydrating creams, sun protection cream, tanning lotions, hair sprays & styling sprays, hair shines, and others. The demand for products, like shampoo, hair foams & gels, gel toothpastes, etc., has also been growing with the increasing hygiene awareness in the population. With changes in fashion trends, teenagers’ demand for cosmetics also increased substantially in the previous years, especially in Asia-Pacific. Additionally, the strong urge in the aging population to retain a youthful appearance, is further nurturing the growth of the cosmetics industry. Hence, with the growing demand, and thereby, production of cosmetics and hygiene products, the demand for aerosol has also been increasing from the personal care industry.

Automotive Segment Demand Projected to Grow

Aerosol finds number of applications in the automotive industry in the form of paints, cleaners, lubricant cans, spray paints, ignition sealer, etc. In 2017, the global automotive production increased by about 2.36% from 2016, when more than 97 million vehicles were produced globally. The automotive industry is projected to witness about 2% growth in 2018, fueled by increasing demand for lightweight vehicles and SUVs, especially in emerging economies, like China, Japan, India, and others. The expected increase in the production of vehicles is projected to increase the demand for aerosol automotive products, further driving the growth of the aerosol market during the forecast period.  

Asia-Pacific to Witness Strong Demand

Asia-Pacific is expected to witness strong growth in the demand for aerosol, driven by increasing demand for personal care products, increasing investments in the medical industry, and increasing automotive production in the region. In Asia-Pacific, China is expected to witness noticeable growth in the demand for aerosol during the forecast period, owing to the robust growth of the automotive industry, increasing furniture production & exports, and increasing construction and architectural projects, which is further likely to increase the demand for paints & coatings.

Key Developments in the Market

September 2017: AkzoNobel NV finalized the acquisition of French manufacturer Disa Technology. The acquisition strengthens AkzoNobel’s global leadership position in supplying innovative industrial coatings and aerospace and automotive coatings.

Major Players: AkzoNobel NV, Henkel AG Co KGaA, Unilever PLC, Honeywell International Inc., and Procter & Gamble, among others.

Reasons to Purchase this Report

To understand the impact of stringent regulations in the global aerosol market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating application in the aerosol market

Region and countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3 months analyst support, along with the Market Estimate sheet (in excel)

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you to get a report that suits your needs.

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1. Introduction
1.1 Scope of the Report
1.2 Market Definition
1.3 Study Assumptions
1.4 Study Deliverables
1.5 Research Phases
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Intensity of Competitive Rivalry
3.3 Patent Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Demand for Aerosol Cans from the Paints & Coatings Industry
4.1.2 Increasing Awareness Related to Hygiene and Personal Care
4.2 Restraints
4.2.1 Stringent Regulations Related to Use of Aerosol
4.2.2 Other Restraints
4.3 Opportunity
4.3.1 Product Innovation and Increasing Investment in the Medical Industry
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Can Type
5.1.1 Steel
5.1.2 Aluminum
5.1.3 Plastic
5.1.4 Others
5.2 By Application
5.2.1 Automotive
5.2.2 Personal Care
5.2.3 Food Products
5.2.4 Furniture
5.2.5 Herbicide
5.2.6 Household Products
5.2.7 Insecticide
5.2.8 Industrial & Technical
5.2.9 Medical
5.2.10 Paints & Coatings
5.2.11 Others
6. Regional Market Analysis (Market Size, Share, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 Thailand
6.1.5 Australia
6.1.6 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Belgium & Luxembourg
6.3.2 Czech Republic
6.3.3 France
6.3.4 Germany
6.3.5 Italy
6.3.6 The Netherlands
6.3.7 Poland
6.3.8 Portugal
6.3.9 Russia
6.3.10 Spain
6.3.11 Switzerland
6.3.12 Turkey
6.3.13 United Kingdom
6.3.14 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
9.1 AkzoNobel NV
9.2 Ball Corporation
9.3 Crown Holdings Inc.
9.4 Colep U.K. Ltd
9.5 Crabtree and Evelyn Ltd
9.6 Henkel AG Co KGaA
9.7 Honeywell International Inc.
9.8 Impress Group BV
9.9 Procter & Gamble
9.10 PPG Industries Inc.
9.11 Reckitt Benckiser Group PLC
9.12 SC Johnson Inc.
9.13 Thymes LLC
9.14 Unilever PLC
9.15 Valspar Corporation
*List not exhaustive
10. Disclaimer
**Subject to availability on public domain

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