Global Aluminum Aerosol Cans Market is Segmented By Type (Necked In, Shaped Wall, Straight Wall, Others), By Product Type(Liquefied Gas, Compressed Gas), By Capacity(100 ml, 100-250 ml, 251-500 ml, More than 500 ml), By Cap Type(Actuators, Triggered Sprayer, Fine Mist Sprayer, Others), By End-User(Personal Care & Cosmetics, Household, Pharmaceuticals, Automotive, Food & Beverages, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Market Overview
The Global "Aluminum Aerosol Cans Market" is expected to reach at a CAGR of 6.0 % during the forecast period (2022-2029).
An aerosol container is made from metal or plastic is intended to dispense fluid substances such as fog or foam. It includes a payload and a propellant under tension that helps discharge the payload once the holder's valve is opened. An aerosol container comprises three significant parts; holder, actuator and valve. The actuator, when squeezed, opens the valve.
An aluminum aerosol can is manufactured by the effect expulsion measure utilizing a 99.5 % pure aluminum sheet. As per a report distributed by the Global Organization of Aluminum Aerosol Container Manufacturers (AEROBAL), the aerosol can market saw 3% year-on-year development and creation of around 5.5 million aluminum jars universally in 2016.
Source: DataM Intelligence Analysis (2021)
Market Dynamics
Aluminum's renewable and sustainable nature is driving the aluminum aerosol cans market. However, shifting to aluminum packaging creates an increased demand for virgin aluminum, which is energy-intensive and environmentally destructive.
The renewable and sustainable nature of aluminum is driving the aluminum aerosol cans market
Increased attention to the environmental impacts of products and services is changing how consumers view their purchases. According to a report by Nielson Holdings, 81% of global consumers believe that companies should take steps to improve the environment. The environmental appeal of aluminum is primarily due to its recyclability. In addition to being 100% recyclable, aluminum can also be recycled regularly without significantly reducing quality.
Most food-grade plastics are 'downcycled,' as their quality degrades with each recycling process. For instance, according to the Aluminum Association, almost 75% of all aluminum ever produced is still in use. In comparison, only 9% of plastics produced have been recycled. Moreover, recycling aluminum is relatively easy compared to plastics, as aluminum products do not need complicated sorting before recycling, unlike plastic packaging. In addition, the energy consumed during the aluminum recycling process is significantly less than plastics, leading to cheaper recycling costs and reduced carbon emissions.
In June 2020, Unilever partnered with Tubex, a German Aerosol can manufacturer, to develop and manufacture its new Rexona Recycled Refreshed antiperspirant product. The new can consists of a patented aluminum alloy and 25% real post-consumer recycled (PCR) material. According to Tubex, the use of alloy and a slight change in shape makes Rexona Recycled Refreshed 14% lighter than its predecessor. The substantial weight reduction results from the joint development between Unilever, Tubex and the slug supplier Neuman Aluminium.
Shifting to aluminum packaging creates an increased demand for virgin aluminum, which is energy-intensive and environmentally destructive
Shifting to aluminum packaging creates a new problem of increased demand for virgin aluminum. While aluminum recycling is an energy-efficient process, new aluminum production is energy-intensive and environmentally destructive. In addition, aluminum smelting produces harmful byproducts such as sulfur dioxide and nitrogen dioxide damaging the environment. For example, 1 ton of aluminum production can result in 5 tons of liquid waste, polluting soils and groundwater.
Moreover, more than US$ 700 million worth of aluminum cans are sent to landfills every year in U.S. Therefore, the push towards aluminum packaging needs to complement the necessary recycling infrastructure to increase recycling and divert abandoned aluminum away from landfills.
COVID-19 Impact Analysis
The Global Organisation of Aluminium Aerosol Container Manufacturers (AEROBOL) reported that the COVID-19 pandemic had not been very successful in affecting aerosol cans' global production. The output declined only moderately in the first half of 2020. According to the Secretary-General of AEROBAL, the consequences of COVID-19 related lockdowns and restrictions were expected to worsen the aluminum aerosol containers market. But instead, the value of reliable and safe packaging material, such as the aluminum aerosol can, was impressive enough during the unprecedented crisis.
Segment Analysis
Based on end-user, the global aluminum aerosol cans market is segmented into personal care & cosmetics, household, pharmaceuticals, automotive, food & beverages and others.
According to the UN Department of Economics and Social Affairs, the world's young populace are somewhere in the range of 15 and 25 was around 1.2 million in 2019. Additionally, it is expected that the world's childhood populace will arrive at 1.4 million around 2026. The more youthful populace includes worthwhile demography for the beauty care products and individual consideration industry. The ascent in their populace will, along with these lines, increment beauty care products and individual consideration items that utilize aerosol packaging.
As per Cosmetic Europe, a European Personal Care Association for the beauty care products and individual consideration industry, 72% of clients feel that beauty care products and individual consideration items work on their satisfaction. In comparison, 80% of clients distinguish their confidence.
Additionally, increasing demand for more sustainable packaging and the desire for more diverse and multi-functional product offerings drive the market of aerogel packaging in the personal care & cosmetics industry. For example, in January 2019, more than 30 organizations dispatched items at the aerosol and dispensing discussion, including the "Packaging of Perfume Cosmetics and Design (PCD)" in Paris.
Source: DataM Intelligence Analysis (2021)
Geographical Analysis
The global aluminum aerosol cans market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.
Asia-Pacific dominates the market areas and is relied upon to enroll a healthy CAGR over the forecast period. China and India have been zeroing in on advancing great ventures, which set out worthwhile development open doors over the gauge time frame. Furthermore, expanding shopper spending in Asian economies helps the interest in spraying home, auto and paints.
Besides, with the developing interest, driving players have reinforced their market position with extensions and acquisitions. For instance, Unilever Group contributed US$ 66 million to set up its first Asian spray antiperspirant fabricating office in Khamgaon, Maharashtra. The venture comes closely around US$ 80 million obligations to construct new homecare fluids and dissemination offices in Thailand and around US$ 85 million speculations to fabricate another home consideration manufacturing plant.
Source: DataM Intelligence Analysis (2021)
Competitive Landscape
The global aluminum aerosol cans market is highly competitive and fragmented with several end-use industries, resulting in high investment by multinational and local companies, contributing to the major share in the market growth. In addition, major players contributing to the market's growth are Ball Corporation, Aryum Aerosol Cans Ltd, Bharat Containers, TUBEX GmbH, Euro Asia Packaging (Guangdong) Co. Ltd., Trivium Packaging, Crown, Mauser Packaging Solutions, Toyo Seikan Co. Ltd., Nampak Ltd. and others. In addition, the companies are adopting growth strategies such as expansions, acquisitions, product launches and collaborations, contributing to the market growth globally.
Overview: Ball Corporation is an American packaging company specializing in aluminum packaging for beverage, personal care and household products. The company is headquartered in Colorado, U.S.
Product Portfolio: Ball Corporation has a diverse aerosol portfolio. The company manufactures 1, 2 and 3-piece aerosol cans from personal care and household products to industrial solutions.
Key Development:
- On March 24, 2021, Ball Corporation launched the world's first aluminum stewardship initiative certified beverage cans in a partnership with Damm, a leading beverage company in Spain.
Why Purchase the Report?
- Visualize the composition of the aluminum aerosol cans market segmentation by type, product type, capacity, cap type, end-user and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in aluminum aerosol cans market by analyzing trends and co-development deals.
- Excel data sheet with thousands of aluminum aerosol cans market data points - level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global aluminum aerosol cans market report would provide an access to an approx. 77 market data tables, 77 figures and 180 pages.
Target Audience
- Manufacturers of Aluminium Aerosol Cans
- Packaging Manufacturers
- Traders, Distributors and Suppliers of Aerosol Packaging
- Regional Manufacturers Associations of Aerosol Packaging
- Investment Research Firms
