Asia Pacific Aerosol Market Size & Outlook, 2023-2030
Asia Pacific aerosol market, 2018-2030 (US$M)
Related Markets
Asia Pacific aerosol market highlights
- The Asia Pacific aerosol market generated a revenue of USD 20,819.7 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, aluminum was the largest revenue generating material in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 20,819.7 million |
| Market revenue in 2030 | USD 35,996.6 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Other |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Other |
| Key market players worldwide | Ball Corp, Crown Holdings Inc, Toyo Seikan Group Holdings Ltd, CCL Industries Inc Registered Shs -B- Non Vtg, COFCO Joycome Foods Ltd Ordinary Shares, Nampak, Trivium Packaging, Mauser Packaging Solutions, Colep Packaging, Tubex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.0% of the global aerosol market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,996.6 million by 2030.
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Aerosol Market Scope
Aerosol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific aerosol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerosol market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 58.79% in 2023. Horizon Databook has segmented the Asia Pacific aerosol market based on steel, aluminum, other covering the revenue growth of each sub-segment from 2018 to 2030.
The young middle-class population has been significantly growing in emerging countries, such as India and China, for the past several years. According to NFHS-5 (2019–2021), about 52% of the population is below the age of 30 in India.
Additionally, the growing millennial population, characterized by high levels of disposable income and digitally connected individuals, is driving the market. This population group is well-informed and a significant consumer of various personal care products such as deodorants, hair mousse, hair spray, and shaving foams.
The working millennial population in India is increasing at a considerable rate as compared to the rest of the world, which, in turn, is expected to impact the aerosol market in the Asia Pacific.
Reasons to subscribe to Asia Pacific aerosol market databook:
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Target buyers of Asia Pacific aerosol market databook
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Our clientele includes a mix of aerosol market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific aerosol market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific aerosol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific aerosol market size, by country, 2018-2030 (US$M)
Asia Pacific Aerosol Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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