LONDON--(BUSINESS WIRE)--Technavio has been monitoring the aerosol packaging market and it is poised to grow by USD 12.18 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What are the major trends in the market?
- Growing focus on smart aerosol packaging is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 3%, the incremental growth of the market is anticipated to be USD 12.18 billion.
- Who are the top players in the market?
- Aero-pack Industries Inc., ArcelorMittal SA, Ardagh Group SA, Ball Corp., Bharat Containers (Nagpur) Pvt. Ltd., CCL Industries Inc., Crown Holdings Inc., Euro Asia Packaging(Guangdong) Co. Ltd., MAUSER Corporate GmbH, and TUBEX Holding GmbH are some of the major market participants.
- What are the key market drivers and challenges?
- Demand for aerosol packaging in various industries is one of the major factors driving the market. However, the presence of stringent regulations restraints the market growth.
- How big is the APAC market?
- The APAC region will contribute 34% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aero-pack Industries Inc., ArcelorMittal SA, Ardagh Group SA, Ball Corp., Bharat Containers (Nagpur) Pvt. Ltd., CCL Industries Inc., Crown Holdings Inc., Euro Asia Packaging (Guangdong) Co. Ltd., MAUSER Corporate GmbH, and TUBEX Holding GmbH are some of the major market participants. The demand for aerosol packaging in various industries will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Aerosol Packaging Market 2020-2024: Segmentation
Aerosol Packaging Market is segmented as below:
- Cosmetics and Personal Care
- Home Care
- Automotive and Industrial
- North America
- South America and MEA
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Aerosol Packaging Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The aerosol packaging market report covers the following areas:
- Aerosol Packaging Market Size
- Aerosol Packaging Market Trends
- Aerosol Packaging Market Analysis
This study identifies growing focus on smart aerosol packaging as one of the prime reasons driving the aerosol packaging market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Aerosol Packaging Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist aerosol packaging market growth during the next five years
- Estimation of the aerosol packaging market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aerosol packaging market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aerosol packaging market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Cosmetics and personal care - Market size and forecast 2019-2024
- Home care - Market size and forecast 2019-2024
- Automotive and industrial - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End user
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver – Demand led growth
- Market challenges
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Aero-pack Industries Inc.
- ArcelorMittal SA
- Ardagh Group SA
- Ball Corp.
- Bharat Containers (Nagpur) Pvt. Ltd.
- CCL Industries Inc.
- Crown Holdings Inc.
- Euro Asia Packaging (Guangdong) Co. Ltd.
- MAUSER Corporate GmbH
- TUBEX Holding GmbH
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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