United States Aerosol Cans Market Growth, Trends, and Forecasts Report 2021-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "United States Aerosol Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The United States aerosol cans market is expected to grow at a CAGR of 1.31% over the forecast period (2021-2026).

Owing to the convenience and strength offered by aerosol packaging, aerosol cans have become the standard packaging used in many industries and are growing in the United States.

The packaging has increased the value of these cans from aesthetic purposes to value creation to the application of the product for storage, transportation, and ease of use. These cans are mostly made of aluminum or steel. They are one of the effective packaging solutions that fit all the features related to execution during storage, transportation, and convenience to the consumer.

Continuously improving consumer lifestyle is backing the demand from the personal care and cosmetic industry. Aerosol cans enable 360 degrees application and consume 25% less substance for relative area coverage. Furthermore, the fast adaptation of spray paints in the automotive industry for personalization and maintenance purposes has created numerous opportunities for the growth of the aerosol cans market in the United States.

High investment in R&D to manufacture environmentally sustainable aerosol cans further supports the growth of the aerosol cans market in the region. However, stringent EPA (Environmental Protection Agency) regulations regarding the use of CFC, HCFC, and HFC components in aerosols hams market growth.

The impact of the outbreak of COVID-19 on the market is expected to be significant in the short-run as the global lockdown has brought the entire manufacturing units to an almost grinding halt, globally. It will cause the demand and supply system to be suboptimal and reduce the profit margins. But, in the long-run, with businesses restarting normally and e-commerce trends on the rise, the market is expected to rebound.

Competitive Landscape

The United States aerosol cans market is highly consolidated with the presence of a few significant players in the market as the market is price sensitive, hence the sustaining in the market is demanding.

Some of the key developments in the area are:

• August 2019 - Exal Corporation sold Exal Packaging SA to Queruclor Group. The sale allows Exal to focus resources on its existing can-making facilities in North and South America and also on its recent merger announcement with the Ardagh Group to form the new Trivium Packaging joint venture.
• January 2019 - Ball Corporation introduced a new technology by launching its 360 custom shaped aerosol can at the ADF&PCD exhibition in Paris. This provides innovative shapes at every angle of the can, which will attract the customer to the shelf.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Growing Demand from the Cosmetic Industry

4.3 Market Restraints

4.3.1 Increasing Competition from Substitute Packaging

4.4 Industry Value Chain Analysis

4.5 Industry Attractiveness - Porter's Five Forces Analysis

4.6 Assessment of Impact of COVID-19 on the United States Aerosol Cans Market

5 MARKET SEGMENTATION

5.1 Product type

5.1.1 Aluminum

5.1.2 Steel-Tinplate

5.1.3 Other Materials

5.2 End-User

5.2.1 Cosmetic and Personal Care

5.2.2 Household

5.2.3 Pharmaceutical/Veterinary

5.2.4 Paints and Varnishes

5.2.5 Automotive/Industrial

5.2.6 Other End Users

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Ball Corporation

6.1.2 Crown Holdings Inc.

6.1.3 Mauser Packaging Solutions

6.1.4 Exal Corporation

6.1.5 CCL Container Inc.

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/bgv314