Affected by the epidemic, the aerosol industry has also been somewhat affected.

The International Organization of Aluminium Aerosol Container Manufacturers (AEROBAL) reports that global shipments by its members declined by 1.2 percent in 2021 to around 5.6 billion units.

According to a recent Future Market Insights (FMI) study, the global aerosol packaging market is projected to grow at a positive pace through 2021, surpassing nearly US$ 6.72bn in 2021.

Over the past few years, aerosol packaging is gaining popularity due to the rising use of personal care & cosmetic products. Furthermore, the rising concern about cleanliness is driving the sales of homecare sprays, which is bolstering the growth of aerosol packaging market.

FMI forecasts that there are ample opportunities for the manufacturer of aerosol packaging in the coming future due to the rise in usage of aerosol packaging in various sectors.

Key Takeaways from CT news:

In terms of product, the cans, bottle and cylinders segment collectively holds over 4/5th of the global market share.

Aluminium material is highly sought after and the segment is expected to emerge as the most lucrative segment in the upcoming decade.

Based on cap type, actuators are expected to account for over 35% of market share.

Personal care and cosmetics is the primary end-user for the aerosol packaging market and will expand by 1.46 times to the current market.