Description
The North America aerosol cans market is forecast to reach USD 4.65 billion by 2029, registering a CAGR of 2.3% during 2023-2029. Aerosol cans made of aluminum, steel or plastic serve as packaging systems for dispensing a variety of products using a propellant and valve system.
Several factors underpin the positive outlook for this market. The recyclability and reusability of aerosol cans make them an environmentally compliant packaging choice, supporting demand. Major end-use industries like personal care and cosmetics also spur adoption, as rising disposable incomes drive demand for spray products including deodorants, hairsprays and more. However, significant buyer power of consumers in this segment leads to pricing competition among manufacturers.
While aluminum supply was impacted during the pandemic, growing demand for aerosols with antiviral and antibacterial properties presents opportunities. Increasing shelf life and convenience provided by aerosol packaging across food, pharmaceuticals and other applications will further expand the market. However, raw material price volatility due to events like the Russia-Ukraine conflict poses challenges.
Market Segmentation
The market is segmented based on material, end user, and country.
Material: aluminium, steel-tinplate, others
End user: cosmetics and personal care, household, pharmaceutical and veterinary, paints and varnishes, automotive and industrial, others
Country: United States, Canada
In 2022, the aluminum segment held the largest market share (57.5%) and is expected to grow at a CAGR of 2.2% over the forecast period. Aluminum offers advantages such as high strength, corrosion resistance, recyclability, and light weight, making it a preferred choice for product packaging. Aluminum aerosol cans are designed to hold pressurized liquids or gases.
The cosmetic and personal care segment held the largest market share (55.4%) in 2022 and is projected to grow at a CAGR of 2.1%. Aerosol cans in the packaging industry provide efficient solutions for storage, transportation, and consumer convenience, meeting various requirements.
The growth of the personal care sector in the United States is expected to increase the demand for aerosol cans due to factors such as consumers' higher disposable income and their ability to purchase luxury goods. The personal care industry heavily relies on aerosols in its products, and as the sales of these products continue to rise, the aerosol can market is projected to benefit. In 2022, the United States held the largest share (89.1%) of the market, and it is anticipated to maintain a compound annual growth rate (CAGR) of 2.2% throughout the forecast period.
Competitive Landscape
The North American aerosol cans market is fragmented and includes prominent entities such as Ardagh Group S.A., Ball Corporation, BWAY Corporation, CCL Industries Inc., Crown Holdings Inc., DS Containers Inc., Graham Packaging Company Inc., ITW Sexton Co., Sonoco Products Company, Trivium Packaging B.V., among others. These companies are implementing strategic measures such as partnerships, innovation, and acquisitions to enhance their product portfolios and establish sustainable competitive advantages.
Recent Industry Developments
Graham Packaging achieved an exceptional ranking in Sustainalytics' ESG assessment, placing in the top 2% among over 15,600 global companies. They were recognized as the second-best performer in the metal and glass packaging sub-industry and the containers and packaging sector. Graham Packaging also received prestigious accolades as an ESG Regional Top-Rated Business and a Morningstar Sustainalytics ESG Industry Top-Rated Company in 2022.
Ball Corporation launched a highly sustainable global aluminum aerosol can in June 2022. This innovative product has a significantly reduced carbon footprint, only half that of a standard can. Its introduction aligns with Ball Corporation's commitment to achieving science-based targets by 2030 and progressing towards net-zero emissions before 2050.
Why Choose This Report
Gain a reliable outlook of the aerosol cans market in North America forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
TABLE OF CONTENTS
FIGURES AND TABLES
PART 1. INTRODUCTION
1.1 Description
1.2 Objectives of The Study
1.3 Market Segment
1.4 Years Considered for The Report
1.5 Currency
1.6 Key Target Audience
PART 2. RESEARCH METHODOLOGY
2.1 Primary Research
2.2 Secondary Research
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
4.1 Introduction
4.2 Drivers
4.3 Restraints
PART 5. NORTH AMERICA AEROSOL CANS MARKET BY MATERIAL
5.1 Aluminium
5.2 Steel-tinplate
5.3 Others
PART 6. NORTH AMERICA AEROSOL CANS MARKET BY END USER
6.1 Cosmetics and personal care
6.2 Household
6.3 Pharmaceutical and veterinary
6.4 Paints and varnishes
6.5 Automotive and industrial
6.6 Others
PART 7. NORTH AMERICA AEROSOL CANS MARKET BY COUNTRY
7.1 United States
7.2 Canada
PART 8. COMPANY PROFILES
8.1 Ardagh Group S.A.
8.2 Ball Corporation
8.3 BWAY Corporation
8.4 CCL Industries Inc.
8.5 Crown Holdings Inc.
8.6 DS Containers Inc.
8.7 Graham Packaging Company Inc.
8.8 ITW Sexton Co.
8.9 Sonoco Products Company
8.10 Trivium Packaging B.V.
DISCLAIMER
Market Overview
The North America Banking as a Service (BaaS) Market is poised for significant growth from 2024 to 2034, driven by the digital transformation of financial services, the increasing demand for seamless integration of banking solutions, and the expansion of fintech partners...
Market Overview
The North America Perfume Packaging Market is set to experience robust growth from 2024 to 2034, driven by rising consumer preferences for premium fragrances, innovations in sustainable packaging, and the growing popularity of e-commerce. The market size is projected to ...
Market Overview
The North America Alternate Marine Power Market is poised for significant growth from 2024 to 2034, driven by stringent environmental regulations, rising concerns about marine pollution, and advancements in clean energy technologies. The market size is projected to expan...
Market Overview
The North America Bio Vanillin Market is projected to experience robust growth from 2024 to 2034, driven by the rising demand for natural and sustainable flavoring agents, increasing consumer preference for clean-label products, and expanding applications across various ...
Market Overview
The North America AI-Enabled Biometric Market is projected to experience substantial growth from 2024 to 2034, driven by the increasing demand for advanced, secure, and convenient identity verification solutions across various sectors. With rising adoption in areas such ...
Market Overview
The North America Commercial Vehicle Telematics Market is poised for significant growth from 2024 to 2034, driven by the rising demand for real-time fleet monitoring, enhanced vehicle safety, and regulatory mandates for fleet management. The market is expected to expand ...
Market Overview
The North America Passive Optical Network (PON) Market is set to experience substantial growth from 2024 to 2034, fueled by increasing investments in fiber-optic infrastructure and growing demand for high-speed, reliable internet connectivity. Projected to reach USD XXX....
Market Overview
The North America Safety Valves Market is anticipated to grow significantly from 2024 to 2034, driven by increasing demand across key industries such as oil & gas, energy & power, and water & wastewater treatment. Projected to reach USD XXX.XX million by 2034 from USD XX...
Market Overview
The North America Vanadium Market is expected to experience substantial growth from 2024 to 2034, driven by increasing demand from various sectors such as iron and steel, energy storage, and chemicals. The market is projected to grow from USD XXX.XX million in 2024 to US...
Market Overview
The North America Vascular Closure Devices (VCD) Market is anticipated to witness significant growth from 2024 to 2034, driven by the increasing volume of minimally invasive cardiovascular procedures, rising prevalence of cardiovascular diseases, and advancements in vasc...