The global aerosol actuators market size is estimated to reach USD 1.77 billion by 2030, expanding at a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to increasing consumption for personal care products by the consumers due to increasing usage of self-grooming products.
Growing use of aerosol actuators in inhalers, medicated lotion dispensers, nasal sprays, throat and other pharmaceutical products driven by ease of application is expected to boost the aerosol actuators market over the forecast period. Technological advancements in the actuators design aimed at enhancing product appeal and ease of operation, have led to an increase in the demand for the product.
The companies in the industry source low cost raw materials from the manufacturers in China. Key players in the market are involved in the production of customized and standard actuators, that are supplied through dedicated distribution network connecting with major aerosol manufacturers and fillers.
Europe accounted for a high market share of over 38.0% in 2016 owing to high consumption of personal care products such as deodorants and hairsprays coupled with high standard of living in the region. Rising market maturity is expected to result in a limited growth of the product thereby losing its market share to Asia Pacific.
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The dosage actuator is expected to experience the fastest CAGR over the forecast period. Increasing adoption of the product for inhalers and sprays is expected to drive the demand over the forecast period.
The automotive & industrial application segment is anticipated to experience the fastest CAGR during the forecast period. Aerosol actuators are used in various applications, such as lubricants, paints, adhesives, coatings.
The Middle East and Africa (MEA) aerosol actuators market is anticipated to experience the fastest CAGR during the forecast period owing increasing manufacturing base coupled with high adoption rate of aerosol products in this region.
Key market participants include Aspire Industries, AptarGroup, Inc., E C Pack Industrial Ltd., Lindal Group and MITANI VALVE CO.,LTD with the companies focusing on low cost, new technology and customized products to gain market share.
Grand View Research has segmented the global aerosol actuators market based on application, product, and region:
Aerosol Actuators Application Outlook (Revenue, USD Million, Volume Million Units, 2018 - 2030)
Personal Care
Household
Automotive & Industrial
Foods
Paints
Medical
Others
Aerosol Actuators Product Outlook (Revenue, USD Million, Volume Million Units, 2018 - 2030)
Male actuator
Female actuator
Dosage actuator
Aerosol Actuators Regional Outlook (Revenue, USD Million, Volume Million Units, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Latin America
Argentina
Brazil
Middle East & Africa
Saudi Arabia
South Africa
List of Key Players in Aerosol Actuators Market
Aspire Industries
AptarGroup, Inc.
Coster Tecnologie Speciali S.p.A.
Silgan Holdings Inc. (Cobra Plastics Incorporation)
E C Pack Industrial Ltd.
Global Closure Systems Inc.
Lindal Group
Media Manoeuvre Pvt. Ltd.
MITANI VALVE CO.,LTD
Newman-Green, Inc.
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