Global Aerosol Market, 2024 by Application (Personal Care, Household, Automobile & Industrial, Paint, Coating, & Adhesive, Food & Beverage, Healthcare & Others)
DUBLIN, Oct. 22, 2018 /PRNewswire/ --
The "Global Aerosol Market by Application (Personal Care, Household, Automobile & Industrial, Paint, Coating, & Adhesive, Food & Beverage, Healthcare & Others), by Type (Metal, Glass and Plastic), by Region, Size and Forecast 2014-2024" report has been added to ResearchAndMarkets.com's offering.
The market study on the aerosol landscape reveals that the global aerosol market is expected to cross USD 85,000 million by 2024, with a CAGR over 6.5% during the forecast period, 2018-2024.
The market is witnessing a significant growth during the anticipated period, driven by changes in technologies such as compressed packaging and also rapid changes in consumer preferences. To switch from traditional based sprays to aerosol cans, the adoption of aerosol based solutions has increased from all sections of the society and Industries. This has led to increased demand of aerosol based products from all residential to commercial segments, including high end industrial applications.
Continuous developments in paint, oil, and adhesive industry are escalating the market growth. High demand for paints based aerosols coupled with ongoing research and developments in coatings and adhesives based aerosols is also one of the major trends observed in the global aerosol market. New construction developments, mainly the large residential complexes coming up in regions with high population growth rate, such as Asia-Pacific are in huge demand for hassle free paints to color the new properties with minimum labor and cost. This has increased the demand for paints and coatings based aerosols from such markets.
Online channels as major form of product distribution have come out to be a boosting factor for this market to flourish with good numbers. Major manufacturers over the past few years have transited their distribution channel from outlets and resellers to e-commerce, thereby impacting positively to the global aerosol market growth. Increase in adoption of online channels has dropped the price of aerosols, particularly in the personal care and household category to a great extent. This has led to increase in buying options and comparisons, which is directly impacting the sales and helping companies cater larger market across geographies. The global aerosol market is categorized into application use and its material of packaging.
Global Aerosol Market: Scope of the Report
Based on material, the aerosol market is categorized into metal, glass, and plastic. The global aerosol market in terms of application includes personal care, household, automotive & industrial, food & beverage, healthcare, and others. Global aerosol market is anticipated to show rapid growth during forecast period.
The market is expected to incline towards changes in consumer behavior and new developments going across the industries:
- The major factor that will drive the market demand includes increasing disposable income and rising standard of living
- Rise in aluminum saving aerosol create an opportunity for the market to flourish in future
- Many environmental and health concerns still crate a roadblock to the market growth.
Global Aerosol Market: Key Stakeholders
- Raw Material Suppliers
- Managed Service Providers
- Safety Standard Providers
- Value Added Resellers (VARs)
- Packaging Service Providers
- Investors & Associations
- Industry Expert/ Consultants
Key Topics Covered:
1. Research Objective
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
1.4. Analysis Period of the Study
1.5. Data Reporting Unit
1.6. Key Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Introduction
4.1. Introduction
4.1.1. Overview by Material
4.1.2. Overview by Application
4.2. Market Dynamics
4.2.1. Trends
4.2.2. Drivers
4.2.2.1 Impact analysis of Drivers
4.2.3. Restraints
4.3.3.1 Impact Analysis of Restraints
4.2.4. Opportunities
4.3. Porter's Five Forces Analysis
5. Market Size and Forecast by Material
6. Market Size and Forecast by Application
7. Market Size and Forecast by Geography
8. Market Competitiveness
8.1. Recent Activities of Major Players
9. Company Profiles
9.1. Reckitt Benckiser Group Plc
9.2. Proctor & Gamble Company
9.3. SC Johnson & Son Inc.
9.4. Akzo Nobel N.V.
9.5. Unilever N.V.
9.6. Coster Tecnologie Speciali S.p.A.
9.7. Crabtree & Evelyn Ltd.
9.8. Aeroaids Corporation
9.9. Honeywell International Inc.
9.10. Famous Air Fresheners & Paints Manufactures L.L.C
For more information about this report visit https://www.researchandmarkets.com/research/9kqwxp/global_aerosol?w=5
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