Aerosol Market Size, Share, Growth Analysis, By Propellant type(Liquefied gas propellants and Compressed gas propellants), By Valve type(Mechanical actuators and Non-mechanical actuators), By Application(Automotive, paints and coatings, food and beverage, healthcare), By Can Type(Steel, Aluminum, Plastic, Others), By Region - Industry Forecast 2024-2031

On the basis of region, global aerosol market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific dominated the global market. An increase in demand for deodorants and hair care products drives the market growth. Due to changing lifestyles, focus on gender-specific products, and increased consumer spending, the market for personal care products has grown strongly in developing countries. Demand for pharmaceutical products from consumers is increasing, which is driving revenue growth in this sector. Due to rising incomes and changing consumer preferences, the market for consumer household goods in Asia is changing, increasing the demand for products made from aerosol cans. Asthma, chronic obstructive pulmonary disease, and other obstructive airway diseases are just a few of the obstructive airway diseases that are becoming common, which significantly impacts the rapid use of compressed aerosol propellants.

Europe is anticipated to grow at a significant CAGR during the forecast period. The rapidly expanding use of aerosol spray propellants in the cosmetics, skincare, and fragrance industries is fuelling the growth of global aerosol market in this region. Liquid aerosol-compressed body sprays and lotions are used by well-known cosmetics brands such as Avene and Caudalie Paris. The increase in the living standards of people and their preference to use more cosmetics and skin care products are driving the growth of the market. The skincare industry is growing due to the increase in skin problems.

North America is expected to grow at a significant CAGR during the forecast period. Technological advancements in the packaging sector are driving growth in this region. Sales of personal care products are increasing, and demographic changes are opening up new opportunities for the aerosol industry. Also, growing consumer demand for innovative pharmaceutical aerosol products such as metered dose inhalers and dry powder inhalers drives the growth in the market during the forecast period.