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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Aerosol Caps Market Outlook
The global aerosol caps market stood at a value of around USD 400.45 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 3.20% to reach USD 532.61 million by 2032.
Increasing Demand for Homecare and Household Cleaning Products to Aid the Global Aerosol Caps Industry
Based on application, the household segment accounts for a significant share in the market. The rising demand for aerosol sprays in air-fresheners, cleaning agents, and surface disinfectants, among others is likely to bolster the growth of the global aerosol caps industry. Meanwhile, the emergence of the do-it-yourself trend is expected to drive the demand for spay-based paints and coatings solutions, which will further propel the demand for aerosol caps.
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The Asia Pacific Accounts for a Significant Share in the Aerosol Caps Industry
The market in the Asia Pacific is driven by the presence of local aerosol spray manufacturers in countries like India, China, and others. The thriving paints and coatings sector in the region is anticipated to augment the market in the forecast period. This can be attributed to the rapid urbanisation and industrialisation and the rising investments in infrastructure development projects across the region. Furthermore, the expansion of various end use industries of the product, including medical, automotive, and industrial, among others is likely to provide lucrative growth opportunities to the global aerosol caps industry.
Aerosol Caps: Market Segmentation
Aerosol caps are defined as caps that are mounted on the top of an aerosol can or bottle. These caps are directly attached to the top of the bottle and function by creating a required amount of pressure on the valve.
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Based on application, the market can be segmented into:
- Personal Care
- Household
- Automotive and Industrial
- Paints
- Medical
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Expansion of the Personal Care Sector to Boost the Growth of the Aerosol Caps Industry
The expansion of the personal care industry is likely to generate a significant demand for aerosol caps in the forecast period. This can be attributed to the growing use of aerosol sprays in cosmetic products such as hairsprays, deodorants, foaming agents, and sunscreens, among others. Over the forecast period, the growing disposable incomes and the rising purchasing power of consumers are anticipated to buttress the growth of the market. In addition to this, the growing industrialisation and urbanisation is likely to enhance the application of aerosol sprays, thereby propelling the overall market for aerosol caps.
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Key Industry Players in the Global Aerosol Caps Market
The report gives a detailed analysis of the following key players in the global aerosol caps market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Crown Holdings, Inc.
- Rackow Polymers Corporation
- Silgan Dispensing Systems.
- Clayton Corporation
- LINDAL Group Holding GmbH
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Applications |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global aerosol caps market attained a value of nearly USD 400.45 million.
The market is estimated to grow at a CAGR of 3.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 532.61 million by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the industry such as the expansion of various end use industries of the product and growing industrialisation and urbanisation are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing sales of disinfectant sprays, especially after the COVID-19 outbreak.
Personal care, household, automotive and industrial, paints, and medical, among others are the major applications of the product.
The major players in the industry are Crown Holdings, Inc., Rackow Polymers Corporation, Silgan Dispensing Systems., Clayton Corporation, and LINDAL Group Holding GmbH, among others.
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