Aerosol Cans Market Worth 10.93 billion USD by 2021

PUNE, India, June 18, 2018 /PRNewswire/ --

The report "Aerosol Cans Market by Material (Aluminium, Steel, and Plastic), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas, and Compressed Gas), End-use Sector, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the aerosol cans market size is projected to grow from USD 8.74 billion in 2015 to reach USD 10.93 billion by 2021, at a CAGR of 3.9%.

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Browse 136 market data tables and 48 figures spread through 173 pages and in-depth TOC on "Aerosol Cans Market"

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The demand for aerosol cans is expected to be driven by factors such as ease-of-use, portability, recyclability, safety & strength, and the increased aesthetic appeal of the product. Furthermore, the growth in personal care industry and increase in demand for cosmetic products present a great opportunity for this market to grow in the future.

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Personal care segment projected to be the largest segment during the forecast period 

The personal care segment is projected to be the largest in the aerosol cans market on the basis of end-use industry, and this trend is projected to continue during the forecast period. Factors such as rising disposable income, change in consumer lifestyles, product presentation & differentiation, and rising demand for personal care products such as deodorants, hair sprays, and face & body creams will increase the consumption of aerosol cans. The retail industry, which is currently witnessing a shift from unorganized to organized retail, will also augment the demand for aerosol cans.

Aluminum is projected to be the largest growing segment during the forecast period 

Aerosol cans market, on the basis of material type, have been classified into aluminum, steel, plastic and others, which include glass. The aluminum segment accounted for the largest share in 2015 due to its numerous benefits such as light weight, high recycling rates, and high standards of safety and hygiene.