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

Aerosol Market Driver

Increasing demand in personal care packaging and pharmaceutical industries

• Packaging is a key component in the daily life of most consumers as it helps in the purchasing decision of consumers. Many consumer packaged goods (CPG) companies are adopting sustainable aerosol-based packaging for reuse and recycling. According to a study, aerosol cans for personal care products are 100% infinitely recyclable. So, some major personal care product manufacturers, including Procter & Gamble, Unilever, and L’Oreal, are repurposing and recycling aerosol-based glass, metal, or plastic containers to improve durability and reduce costs. Aerosol packaging provides an airtight solution, reducing the risk of breakage, leakage, and spillage. The CPG industry is creating opportunities in the aerosol market by offering several sustainable and cost-effective benefits. Also, pharmaceutical aerosols are widely used in the treatment of obstructive airway diseases such as asthma, chronic obstructive pulmonary disease, and tuberculosis. Aerosols are also used in dentistry for dental drills and air tooth polishing. Additionally, the increasing incidence of asthma and oral diseases is increasing the demand for compressed aerosol propellants.

Aerosol Market Restraint

Availability of alternatives and risks related to product recalls

• Aerosol cans are more expensive than their traditional packaging alternatives. Additional production costs affect the cost of final products. Manufacturers are turning to alternatives such as bag-in-bottle container solutions for continuous spraying that do not require any type of aerosol propellant. These sprayers have a variety of environmental benefits including performance, efficiency, and exceptional value. Because they don't need to be disposed of, refillable spray bottles are less expensive than aerosol cans. This also makes them more environmentally friendly.