Increasing demand for portable household products, including bug sprays, and insecticides will likely drive the product’s market over the projected period. Moreover, growing demand for auto-care, automotive, and food & beverage, aerosol goods are anticipated to boost demand for these containers primarily due to rising disposable, income coupled with population development. Also, the growth of end-use industries such as automobiles and cosmetics, is projected to boost commodity demand over the forecast period. Concerns about the toxicity of propellants used in containers are expected to act as a significant restraint to the growth of the industry.
The global Metal Aerosol Can market is forecast to reach USD 4.32 Billion by 2027, according to a new report by Reports and Data. The market is witnessing an increased demand from the personal care and cosmetics industry as metal containers are increasingly being used for personal care products as they secure the material from contamination and prolong the life of the goods relative to plastic containers. Besides, demand for metal aerosol cans is increasing due to their environmental benefits, superior performance, and convenience over the plastic cans. However, fluctuating costs of raw materials such as aluminum and steel are changing the demand for the usage of replacement goods is likely to hamper development in the sector for metal aerosols.
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The COVID-19 impact:
As the COVID-19 crisis grows, manufacturers are rapidly changing their practices and purchasing priorities to meet the demand of a pandemic that has reduced the need for Metal Aerosol Can. A sequence of both positive and negative shocks will arise over a few months, as producers and their vendors adapt to changing demands of customers. The import-export dependent economies of many regions look vulnerable, with an unfortunate global situation. Global Metal Aerosol Can markets are reshaped by the impact of this pandemic when certain manufacturers either close down or decrease their production because of a lack of downstream demand. While some are having their production suspended as a precautionary measure by the governments of their respective nations to combat the spread of the virus. For certain countries, consumers are centered on being more regional by looking at the magnitude of the epidemic and the consequent actions of the national authorities themselves. In these situations, business dynamics in Asia Pacific regions were very dynamic, weakening regularly, making stabilizing themselves difficult.
The Metal Aerosol Can research report draws focus on the strengths and weaknesses of the key players of the market through a comprehensive SWOT analysis and Porter’s Five Forces analysis to project the growth rate.
Top Companies Profiled in this Report are:
The Ardagh Group, Crown Holdings Inc., CPMC Holdings Ltd., Ball Corporation, TUBEX Holding GmbH, Exal Corporation, Arnest Group, Plastipak Holdings Inc., Nussbaum Matzingen AG, and Perfektup Ambalaj, among others.
For the purpose of this report, Reports and Data have segmented into the global Metal Aerosol Can market on the basis of type, propellants, application, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
- Aluminum
- Steel-Tinplate
- Others
Propellants Outlook (Revenue, USD Million; 2017-2027)
- Liquefied Gases
- Compressed Gases
Application Outlook (Revenue, USD Million; 2017-2027)
- Personal Care
- Pharmaceutical
- Food & Beverage
- Agriculture
- Chemical & Paint
- Others
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Metal Aerosol Can market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Objectives of the Metal Aerosol Can Market Report:
- Analysis and forecast of the Global Metal Aerosol Can Market by segmentation of the market
- Analysis of various macro and micro-economic factors influencing the growth of the Metal Aerosol Can market
- Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
- Insights into drivers, restraints, opportunities, limitations, threats, and challenges
- Analysis of the key players operating in the industry
- Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans
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In conclusion, the report offers an extensive panoramic view of the Metal Aerosol Can industry, backed by key statistical data and figures garnered from authentic sources and thorough primary and secondary research. The report offers a thorough examination of the size, shape, and volume of the market to offer an accurate forecast estimation of the Metal Aerosol Can industry till 2027. The report also strives to offer strategic recommendations to the new players entering the Metal Aerosol Can industry and guide them for overcoming entry-level barriers. It also offers recommendations to the established companies to fortify their presence in the Metal Aerosol Can market and capitalize on the emerging opportunities in the industry.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
