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Aerosol Cans Market and Its Key Opportunities and Challenges

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Aerosol Cans Market and Its Key Opportunities and Challenges

October 14
18:30 2019
Aerosol Cans Market and Its Key Opportunities and Challenges

Browse 136 market data tables and 48 figures spread through 173 pages and in-depth TOC on “Aerosol Cans Market”
Aerosol Cans Market by Material (Aluminium, Steel, and Plastic), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas, and Compressed Gas), End-use Sector, and Region

The global Aerosol Cans Market was valued at USD 8.74 billion in 2015 and is projected to reach USD 10.93 billion by 2021, at a CAGR of 3.9% during the forecast period, as per a report by MarketsandMarkets. 

Downloads PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48885732

Browse 136 market data tables and 48 figures spread through 173 pages and in-depth TOC on “Aerosol Cans Market”

Why emerging economies offer high growth opportunities?

Emerging economies such as BRIC (Brazil, Russia, India, and China) and CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa) are poised to account for much of the global growth for aerosol cans in the upcoming years. Growth in these countries is mainly driven by the favorable demographics, rising household incomes, and changing lifestyles of consumers, encouraging a rising preference for canned products. These factors induce changes in lifestyle that lead to greater demand for convenience in terms of packaging and use.

Packaging companies are pursuing aggressive growth strategies in emerging economies by diversifying their product offerings and strengthening their distribution base. Aerosol Can packaging companies can increase their presence by serving their customers in new regions such as Asia, Latin America, the Middle East, and Africa. Growth in these developing regions over the next few years exhibits promising opportunities for business expansion.

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Why environmental issues remain a challenge?

Aerosol cans are easy to use, but difficult to dispose. They may contain products or propellants that would be considered hazardous waste when disposed. Cans that are not emptied completely, and still have some propellant left, may be considered hazardous waste by U.S. EPA. The EPA has released guidelines on the proper disposal of aerosol cans that are not empty. Propane, carbon dioxide, and butane are the frequently used aerosol propellants. These are greenhouse gases that contribute to global warming and smog formation. Organizations such as National Aeronautics and Space Administration (NASA) and the National Science Foundation (NSF) Center for Aerosol Impacts on Climate and Environment (CAICE) have raised concerns regarding the damaging effects of aerosol propellants on the climate and the ozone layer. Thus, such challenges associated with the usage of aerosol cans are expected to pose challenge in the growth of aerosol cans market. Furthermore, the government guideline toward the use of plastic is also estimated to hamper the growth of aerosol cans market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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