The global aerosol caps market size is expected to reach USD 523.7 million by 2030, registering a CAGR of 3.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for the product in aerosol used in personal care and household application is expected to drive growth.
Growing demand for the aerosols in the automotive & industrial application is expected to drive industry growth over the next eight years. The increasing utilization of aerosol paint cans in enhancing the aesthetic value of the vehicle is expected to drive the demand over the forecast period.
The increasing use of aerosol products in the personal care industry is expected to have a positive impact on the demand. However, the substitution by new technologies in the aerosol industry is expected to restrain growth. In addition, the rising environmental & human health concerns pertaining to aerosol products is expected to restrain growth.
The industry is fragmented with local manufacturers accounting for majority of the market share. These players cater to their existing customers and provide personalized services to retain them. As a result, players catering to the global market struggle to acquire new customers in a supplier saturated market.
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The personal care segment accounted for a leading revenue share of 27.6% in the global market in 2023. The automotive & industrial segment is anticipated to register the fastest CAGR over the forecast period.
Europe accounted for the largest revenue share of 35.4% in the global aerosol caps market in 2023. The well-established personal care and automotive industries in regional economies such as France, Germany, and the UK, coupled with constant improvements in nozzle design, have ensured a steady expansion of the regional market.
The Middle East & Africa market for aerosol caps is expected to witness the fastest growth over the forecast period. The region's fast-developing industrial and manufacturing base, which includes the automotive, machinery, chemicals, and electronics sectors, relies heavily on aerosol products for maintenance, cleaning, lubrication, and protective applications.
Grand View Research has segmented global aerosol caps market report based on application and region:
Aerosol Caps Application Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
Personal Care
Household
Automotive & Industrial
Foods
Paints
Medical
Others
Aerosol Caps Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Central & South America
Argentina
Brazil
Middle East & Africa
Saudi Arabia
South Africa
List of Key Players of Aerosol Caps Market
SILGAN PLASTICS
Crown
Clayton Corporation
Berry Global Inc.
LINDAL Group
MITANI VALVE CO.,LTD
Tri-Sure
PLZ Corp
Rackow Polymers Corp.
Weener
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