28th February 2020 – Latest Research Report on Metal
Aerosol Can Market begins with a deep introduction and then search
broad into specific segments such as raw material, application, end user, and
region, policy study, value chain structure, and upcoming trends in particular
segments or regions. The report on Metal Aerosol Can prepare a case for
investments in different regions based on a practical view of their regulatory
outline, manufacturing dynamics, and availability of skills and resources in
that region.
Global metal aerosol can market is
expected to reach USD 3.81 billion by 2024. The metal aerosol can is a storage
equipment or container with excellent barrier properties for product integrity.
They are exclusively used in several sectors from personal care to food &
beverages. The metal aerosol cans market is estimated to grow at a significant
CAGR over the forecast period as the scope and its applications are rising
enormously across the globe.
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Top key Players
·
Ardagh Group S.A.
·
Crown Holdings Inc.
·
TUBEX Holding GmbH
·
Arnest Group
·
Nussbaum Matzingen AG
·
Alltub Italia S.R.L.
·
Perfektup Amb.San.ve Tic.A.S.
·
Plastipak Holdings Inc.
·
Ball Corporation
·
RedalluminioSnc di Redaelli P.
e C.
The factors that are playing a major
role in the growth of metal aerosol can market are rising demand from personal
care, food & beverages, and pharmaceutical industry, prevention of leakage
and extension of the shelf life of the products, growing urbanization, and
growing demand from the consumers as changing lifestyle. However, these cans
are prone to explosion when comes in contact with high temperature and fire and
availability of alternatives in terms of packaging. These are the factors that
may restrain overall market growth in the years to come. Metal aerosol can
industry is segmented based on metal, usage, propellants, end user, and region.
Brass, aluminum, stainless steel, steel,
and the other metals could be explored in a metal aerosol can in the forecast
period. The aluminum sector accounted for the substantial market share of the
metal aerosol can and is estimated to continue with its dominance in the years
to come. Based on usage, disposable cans and refillable cans could classify
metal aerosol can in the forecast period.
Compressed gases and liquefied gases are
the propellants that could be explored in a metal aerosol can in the forecast
period. The market could be categorized based on end users like chemical and
paint industry, personal care, agriculture, pharmaceutical, food and beverages,
and other industries that could be explored in the forecast period. In terms of
value and volume, personal care sector accounted for the significant market
share of the metal aerosol can and is estimated to lead the overall market in
the years to come.
Globally, in terms of volume and
revenue, Asia Pacific accounted for the substantial market share of the metal
aerosol can and is estimated to lead the overall market in the years to come.
The reason behind the overall market growth could be increasing
industrialization and growing population. North America and Europe are also
estimated to have a positive influence on future growth. North America is the
second largest region with significant market share. The reason could be rising
demand from personal care and pharmaceutical industry. However, Europe and
Japan are estimated to grow at the moderate pace in the forecast period.
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