The Global Aerosol Market Size collected USD 78.2 Billion in 2022 and is set to achieve a market size of USD 135.5 Billion in 2032 growing at a CAGR of 5.1% from 2023 to 2032.
Aerosol is a colloidal mixture of liquid droplets or solid yet fine particles generally mixed in air or gas. Aerosols can be artificial as well as natural. Natural aerosols include forest exudates, fog, geyser steam, etc. whereas artificial aerosols include dust, haze, smoke, and particulate air pollutants among others. The solid or liquid particles of aerosols have a diameter usually smaller than 1 micrometer (μm) while larger particles have a significant settling speed and make the aerosol a suspension. In general, aerosol refers to a spray that delivers a consumer product and is packed in a can or a similar type of container. Aerosols are widely used as propellants and such propellants deploy compressed or liquefied gas to propel active ingredients in paste, liquid, or powder form inaccurate spray patterns with droplet amounts and sizes controlled. Propellants find wide applications in the manufacture of shaving creams, air fresheners, hair mousse, and antiperspirants/deodorants. Moreover, aerosol propellants are also used in industrial, automobile, and technical applications.
Aerosol Market Report Statistics
- Global aerosol market revenue is estimated to reach USD 135.5 Billion by 2032 with a CAGR of 5.1% from 2023 to 2032
- Europe aerosol market value occupied more than USD 25.8 billion in 2022
- Asia-Pacific aerosol market growth will record a CAGR of around 5% from 2023 to 2032
- Among material, the aluminum sub-segment generated around 60% share in 2022
- Based on type, the standard aerosol generated US $ 64.1 billion revenue in 2022
- Increasing demand for eco-friendly and sustainable packaging is a popular aerosol market trend that fuels the industry demand
Global Aerosol Market Dynamics
Market Drivers
- Growing demand for personal care products
- Increasing adoption in the automotive industry
- Rising demand for household products
- Convenience and ease of use
Market Restraints
- High cost
- Limited availability of materials
Market Opportunities
- Development of new formulations, propellants, and packaging designs
- Increasing focus on sustainability
Aerosol Market Report Coverage
| Market |
Aerosol Market |
| Aerosol Market Size 2022 |
USD 78.2 Billion |
| Aerosol Market Forecast 2032 |
USD 135.5 Billion |
| Aerosol Market CAGR During 2023 - 2032 |
5.1% |
| Aerosol Market Analysis Period |
2020 - 2032 |
| Aerosol Market Base Year |
2022 |
| Aerosol Market Forecast Data |
2023 - 2032 |
| Segments Covered |
By Material, By Type, By Application, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Henkel AG & Co., Reckitt Benckiser, Crabtree & Evelyn, Thymes LLC, S.C. Johnson, Unilever, Proctor & Gamble, Royal Dutch Shell PLC, Honeywell International Inc., The Chemours Company, Arkema Group and Akzo Nobel N.V.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Aerosol Market Growth Factors
Increasing demand for personal care and household products is a key factor expected to boost the demand for aerosols over the forecast period along with rapid urbanization and surge in infrastructural development across the globe. Moreover, increasing developments in emerging economies such as UAE, India, China and Thailand is another major element driving the paints and coatings industry which, in turn, is anticipated to propel the global aerosol demand during the forecast period. Increasing usage of aerosol based products in shoe polish, starch, stain removers, pre-wash sprays as well as water repellents used in fabrics and leather is another key factor fueling the growth of overall global aerosol market. Furthermore, rising demand for aerosol in several food products such as mayonnaise, vinegar, whipped cream, chocolate, ketchup, sparkling water, olive oil, soda and beer will fuel the aerosol industry growth over the forecast period. However, stringent government regulations such as regulation from the European Commission regarding the reduction of green house gas (GHG) emissions along with VOC Paints Directive are some factors expected to hamper the growth of global aerosol market in the near future. In addition, technological advancements including airless dispenser and stahl monoblock are some major elements posing vital opportunities for the global aerosol market.
Aerosol Market Segmentation
The worldwide aerosol market is categorized based on material, type, application, and geography.
Aerosol Market By Material
According to aerosol industry analysis, the aluminum segment accounted for the largest share of the global aerosol cans market, with a market share of approximately 50%. The report also predicts that the aluminum segment will continue to dominate the market in the coming years due to its growing adoption in the personal care, healthcare, and food industries. Steel is also widely used in the aerosol market, particularly for industrial and automotive applications. However, steel is heavier than aluminum and is not as easily recyclable. As a result, its use has been declining in recent years.
Aerosol Market By Type
The standard aerosol system consists of a can with a valve and a propellant, whereas the BIV system consists of a bag containing the product and a propellant that is placed inside the can. With a market share of approximately 70%, the standard aerosol system accounted for the majority of the global aerosol market. This is because the Standard aerosol system is the most widely used and has been on the market for the longest time. It is also inexpensive, simple to manufacture, and widely available. In contrast, the BIV system has grown in popularity in recent years due to its capacity to provide better protection and a longer shelf life for certain types of products.
Aerosol Market By Application
- Personal Care
- Deodorants
- Hair Mousse
- Hair Spray
- Shaving Mousse/Foam
- Suncare
- Others
- Household
- Air Fresheners
- Disinfectants
- Furniture & Wax Polishes
- Insecticides
- Plant Protection
- Surface care
- Others
- Automotive & Industrial
- Cleaners
- Greases
- Lubricants
- Spray Oils
- Food
- Edible Mousse
- Oils
- Sprayable Flavors
- Whipped Cream
- Paints
- Medical
- Inhaler
- Topical Application
- Other
The personal care sub-segment is expected to have the highest market share from 2023 to 2032, according to the aerosol market forecast. Personal care products like deodorants, shaving foams, hair sprays, and dry shampoos are among the most popular aerosol products, especially among young people. Aerosol products have several advantages in the personal care segment, such as ease of use, convenience, and precise application, which have aided in the expansion of this market segment. Furthermore, the development of fragrances, new formulations, and packaging designs has contributed to the increased appeal of aerosol products in the personal care segment.
Aerosol Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Aerosol Market Regional Analysis
The global aerosol market is witnessing intense growth and is mainly fueled by geographies such as North America, Asia-Pacific, and Europe. Vast investments are made by different key players in the global aerosol market to serve the end-users of aerosol. Aerosols are mostly used in paints and medical products in order to retain liquid in the pressurized form generally metallic cans. Various other technological applications of aerosols are the medical treatment of respiratory ailments, dispersal of pesticides, and combustion. Aerosol science encompasses technological applications of aerosols, removal, and generation of aerosols, effects of aerosol on the people and environment along with a wide variety of other concerns.
Aerosol Market Players
Some of the leading aerosol companies include Henkel AG & Co., Reckitt Benckiser, Crabtree & Evelyn, Thymes LLC, S.C. Johnson, Unilever, Proctor & Gamble, Royal Dutch Shell PLC, Honeywell International Inc., The Chemours Company, Arkema Group and Akzo Nobel N.V.
CHAPTER 1. Industry Overview of Aerosol Market
1.1. Definition and Scope
1.1.1. Definition of Aerosol
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Aerosol Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Aerosol Market By Material
1.2.3. Aerosol Market By Type
1.2.4. Aerosol Market By Application
1.2.5. Aerosol Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Aerosol Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Aerosol Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Materials
3.8.2. Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Aerosol Market By Material
5.1. Introduction
5.2. Aerosol Market Revenue By Material
5.2.1. Aerosol Market Revenue (USD Billion) and Forecast, By Material, 2020-2032
5.2.2. Steel
5.2.2.1. Steel Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Aluminum
5.2.3.1. Aluminum Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Others
5.2.4.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Aerosol Market By Type
6.1. Introduction
6.2. Aerosol Market Revenue By Type
6.2.1. Aerosol Market Revenue (USD Billion) and Forecast, By Type, 2020-2032
6.2.2. Bag-In-Valve
6.2.2.1. Bag-In-Valve Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Standard
6.2.3.1. Standard Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Aerosol Market By Application
7.1. Introduction
7.2. Aerosol Market Revenue By Application
7.2.1. Aerosol Market Revenue (USD Billion) and Forecast, By Application, 2020-2032
7.2.2. Personal Care
7.2.2.1. Personal Care Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.2. Deodorants
7.2.2.2.1. Deodorants Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.3. Hair Mousse
7.2.2.3.1. Hair Mousse Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.4. Hair Spray
7.2.2.4.1. Hair Spray Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.5. Shaving Mousse/Foam
7.2.2.5.1. Shaving Mousse/Foam Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.6. Suncare
7.2.2.6.1. Suncare Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.7. Others
7.2.2.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Household
7.2.3.1. Household Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.2. Insecticides
7.2.3.2.1. Insecticides Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.3. Plant Protection
7.2.3.3.1. Plant Protection Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.4. Air Fresheners
7.2.3.4.1. Air Fresheners Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.5. Furniture & Wax Polishes
7.2.3.5.1. Furniture & Wax Polishes Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.6. Disinfectants
7.2.3.6.1. Disinfectants Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.7. Surface care
7.2.3.7.1. Surface care Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.8. Others
7.2.3.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Automotive and Industrial
7.2.4.1. Automotive and Industrial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4.2. Greases
7.2.4.2.1. Greases Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4.3. Lubricants
7.2.4.3.1. Lubricants Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4.4. Spray Oils
7.2.4.4.1. Spray Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4.5. Cleaners
7.2.4.5.1. Cleaners Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. Food
7.2.5.1. Food Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5.2. Oils
7.2.5.2.1. Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5.3. Whipped Cream
7.2.5.3.1. Whipped Cream Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5.4. Edible Mousse
7.2.5.4.1. Edible Mousse Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5.5. Sprayable Flavors
7.2.5.5.1. Sprayable Flavors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.6. Paints
7.2.6.1. Paints Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.6.2. Industrial
7.2.6.2.1. Industrial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.6.3. Consumer
7.2.6.3.1. Consumer Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.7. Medical
7.2.7.1. Medical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.7.2. Inhaler
7.2.7.2.1. Inhaler Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.7.3. Topical Application
7.2.7.3.1. Topical Application Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.8. Others
7.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Aerosol Market By Country
8.1. North America Aerosol Market Overview
8.2. U.S.
8.2.1. U.S. Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
8.2.2. U.S. Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.2.3. U.S. Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.3. Canada
8.3.1. Canada Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
8.3.2. Canada Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.3.3. Canada Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Aerosol Market By Country
9.1. Europe Aerosol Market Overview
9.2. U.K.
9.2.1. U.K. Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
9.2.2. U.K. Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.3. U.K. Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.3. Germany
9.3.1. Germany Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
9.3.2. Germany Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.3. Germany Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.4. France
9.4.1. France Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
9.4.2. France Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.4.3. France Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.5. Spain
9.5.1. Spain Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
9.5.2. Spain Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.5.3. Spain Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
9.6.2. Rest of Europe Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.6.3. Rest of Europe Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia-Pacific Aerosol Market By Country
10.1. Asia-Pacific Aerosol Market Overview
10.2. China
10.2.1. China Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.2.2. China Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.3. China Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.3. Japan
10.3.1. Japan Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.3.2. Japan Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.3. Japan Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.4. India
10.4.1. India Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.4.2. India Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.3. India Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.5. Australia
10.5.1. Australia Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.5.2. Australia Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.5.3. Australia Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.6. South Korea
10.6.1. South Korea Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.6.2. South Korea Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.6.3. South Korea Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
10.7.2. Rest of Asia-Pacific Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.7.3. Rest of Asia-Pacific Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.8. Asia-Pacific PEST Analysis
CHAPTER 11. Latin America Aerosol Market By Country
11.1. Latin America Aerosol Market Overview
11.2. Brazil
11.2.1. Brazil Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
11.2.2. Brazil Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.3. Brazil Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.3. Mexico
11.3.1. Mexico Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
11.3.2. Mexico Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.3. Mexico Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
11.4.2. Rest of Latin America Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.3. Rest of Latin America Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Aerosol Market By Country
12.1. Middle East & Africa Aerosol Market Overview
12.2. GCC
12.2.1. GCC Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
12.2.2. GCC Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.2.3. GCC Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.3. South Africa
12.3.1. South Africa Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
12.3.2. South Africa Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.3.3. South Africa Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Aerosol Market Revenue (USD Billion) and Forecast By Material, 2020-2032
12.4.2. Rest of Middle East & Africa Aerosol Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.4.3. Rest of Middle East & Africa Aerosol Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Aerosol Market
13.1. Aerosol Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Aerosol Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Henkel AG & Co.
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2022
14.1.3.2. Henkel AG & Co. 2022 Aerosol Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. Reckitt Benckiser
14.3. Crabtree & Evelyn
14.4. Thymes LLC
14.5. S.C. Johnson
14.6. Unilever
14.7. Proctor & Gamble
14.8. Royal Dutch Shell PLC
14.9. Honeywell International Inc.
14.10. The Chemours Company
14.11. Arkema Group
14.12. Akzo Nobel N.V.
