Global Aerosol Market by Products, Type of Casting Materials, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The Global Aerosol Market was valued at USD 82.45 billion in 2019, and is expected to grow at CAGR of 6.04% over the forecast period 2020–2026. The key factors driving the market include increasing urbanization, rapidly expanding construction sector, uniform propulsion, ease of application and aesthetic appeal of aerosols.

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Increasing urbanization coupled with rapid infrastructural developments in emerging economies of Asia Pacific is expected to drive the demand for aerosol in paints and household products. In addition, introduction of the Environmental Protection Agency (EPA) approved aerosol cleaning products is anticipated to boost the market growth.

In terms of metal packaging, innovations in aerosol-based products for improving consumer convenience and environmental concerns have been witnessed. For example, compressed gases replacing hydrocarbons as propellants and innovation of bi-compartmental technology that separates the product from propellant by introducing a plastic inner bag. Such steps are expected to further propel the growth of the aerosol market.

Market Trends, Drivers, Restraints, and Opportunity:

Rapid urbanization and infrastructure development, especially in countries in Asia-Pacific fuel the global market.
Introduction of Environmental Protection Agency (EPA)-approved aerosol cleaning products are expected to boost the market.
Increase in use of deodorants, hairspray, and other personal care products to increase the demand for products in aerosol packaging.
Launch and use of alternative packaging to aerosol and awareness regarding the use of aerosol for the transmission of livestock viruses are projected to hamper market growth.
Rising penetration of aerosol in various applications.