Europe held major market share during 2018-2023
Europe remains the prominent region for the growing demands for Aerosols Market, owing to the significant growing consumption of personal care products in countries such as Germany and the UK. The key end user markets in Europe are personal care, household products, food, and medical devices. Cosmetics and household products represent approximately 80% of the European production share. Countries such as the UK, Germany, Italy, and France hold the key manufacturing hubs. The European Aerosols Market is projected to reach $41 billion in 2023 at a CAGR of 2.85%.
Selected type of Patent Analysis done in the full report
The patents for aerosol were granted across many application areas, including personal care, medical applications, food & beverages along with other niche sectors and processes. Moreover, new developments and inclined investments into the R&D department has also led to this increase in new patent registrations. Many individuals as well as small organizations have also filed a considerable number of patents. However, encouraging consumers to swap traditional products for aerosol based products is a major challenge for product penetration.
To access / purchase the full report browse the link below
Excerpts on Driving Factors Mentioned in the Full Report:
Personal Care has been identified as the major growth driver for the market and deodorants is one of the major revenue generators as it contributed a major chunk to the personal care market. Also, convenience coupled with growing consumer demands for aerosol products are set to drive the market in the coming future.
Adding to the above, spray paints in construction and automobile industry is another application area. Automotive aerosols are used as brake cleaners and fuel-engine intake cleaners. The only disadvantage of these cleaners are emissions of Volatile Organic Compounds. The Volatile Organic Compounds list encompasses numerous elements from propane to DICHLOROBENZENE
Aerosols need no introduction as the populace very well connects with the protection of the products that are free from external contamination. This, coupled with the property of the packaging being completely recyclable, makes aerosol a unique delivery system.
Automotive & Industrial aerosols are used as engine and general purpose degreasers, carburetors, and/or brake cleaners.
The key factor that has facilitated the growth of the top players in this highly competitive market is their ability to cater to the customer’s requirements and early entrance into emerging application areas, such as food & beverages.
Aerosols can largely be used in household applications such as in insecticides. Aerosol propellants are used to discharge food additives/colorants such as whipped cream and cooking spray. They are also increasingly being used for innovative packing solutions in the beverages industry.
The key factor that has steered the growth of the aerosol manufacturers in this competitive market is their potency and caliber to match the customer requirements and their early penetration into emerging application areas such as food & beverages.
Talk to one of our sales representative about the full report by providing your details in the link below:
Key players of Aerosols Market:
SC Johnson & Son Inc. is considered as the market leader, deploying umpteen aerosol solutions. The family company accounts for the highest market share in total aerosol air-freshener revenue and is the predominant player.
Browse Related Reports:
- Metal Packaging Market: By Type (Cans, Pails, Drums, Aerosol, Containers, Trays, Closures And Lids ); Material Type (Aluminum Alloy, Steel, Tin); Coating Material (Resins, Cross-Linking Agents, Additives, Solvents); By Application - Forecast(2018 - 2023)
- Paints and Coatings Market: Paints and Coatings Market; By Formulation (High Solids Coating, Solvent Based, Water Based, Powder Coatings and Other); By Resin (Alkyd, Epoxy, Acrylic,Polyurethane, Polyester, Vinyl and Others); By Component; By Application (Decorative Paints, Transportation, Industrial, Wood Cuttings and Others) By Geography (North America, Europe, APAC and Row) - Forecast(2018-2023)
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Mr. Venkateshwar Reddy
Business Development Manager
Contact Sales: 1-614-588-8538 (Ext-101)