Global Aerosol Can Market to Cross USD 6.69 Bn by 2022, Expects MRFR in Its Insightful Research Report Published at MarketPublishers.com
12 Sep 2017 • by Natalie Aster
LONDON – Globally, the aerosol can market is predicted to demonstrate growth at swift pace up till 2022. Growth in this market is expected to be spurred by uptake in E-shopping market, booming demand for packaged food, robust growth in the electronic sector, amid other factors. However, strict government regulations regarding corrugated packaging and also increasing concerns of environment protection.
In 2015, the world’s market for aerosol stood at appr. USD 5.1 billion in terms of value. By 2022, this marketplace is set to exceed the value of USD 6.69 billion, exhibiting growth at a CAGR of little over 4%.
As for segments, the total aerosol can market is dominated by the metal segment. This segment is set to see the fastest growth in the coming years due to such characteristics of this material as ease of use, UV protection, moisture, air protection and protection from contamination.
Geography-wise, the European aerosol can market is predicted to grab the largest share globally, whilst the APAC market is poised to see the highest CAGR through 2022 spurred by rising personal care and health care industries in this region.
Topical research publication “Global Aerosol Can Market – Trends & Forecast, 2016-2022” drawn up by Market Research Future (MRFR) includes a detailed overview of the market performance, structure and segmentation (on the basis of types, materials, applications and regions; offers deep insights into the market dynamics, covering the main factors limiting and driving the market growth; includes value chain analysis and Porter’s five force analysis. Moreover, the study highlights historical, present and future possible market development patterns and trends, points out the major growth challenges and opportunities. Additionally, the report traces light on the supply chain, touches upon pricing issues, scrutinises the competitive scenario and profiles the key market participants. Future forecasts for the global aerosol market up to 2022 are available here.
To find other research reports by MRFR follow the publisher’s page at MarketPublishers.com.