Latin America Aerosol Market Size & Outlook, 2023-2030
Latin America aerosol market, 2018-2030 (US$M)
Related Markets
Latin America aerosol market highlights
- The Latin America aerosol market generated a revenue of USD 9,129.9 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, aluminum was the largest revenue generating material in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9,129.9 million |
| Market revenue in 2030 | USD 14,367.1 million |
| Growth rate | 6.7% (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, Latin America region accounted for 11.0% 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 |
|---|
Latin America 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 58.81% in 2023. Horizon Databook has segmented the Latin America aerosol market based on steel, aluminum, other covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South America aerosol market is expected to grow significantly over the forecast period. The presence of leading integrated steel & aluminum suppliers is one of the significant reasons for aerosol product penetration, due to cost competitiveness.
Growth of application segments such as household, paints & medical is expected to increase the penetration of aerosol market over the forecast. Brazil is a key aerosol market in Central & South America. Skincare, haircare, fragrances, deodorants, and male grooming products, such as shaving foams, are the majorly demanded products in the personal care segment in the region.
Rising per capita income in the region is responsible for the increased spending on premium beauty products in various Central & South American countries. Avon, Beiersdorf, Natura, Boticario, P&G, and Unilever are the key personal care manufacturers operating in the region.
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Target buyers of Latin America 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 Latin America aerosol market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America aerosol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America aerosol market size, by country, 2018-2030 (US$M)
Latin America Aerosol Market Outlook Share, 2023 & 2030 (US$M)
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