Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Aluminium Monobloc Aerosol Cans Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.3% during the review period (2022 to 2027).
Demand for Aluminium Monobloc Aerosol Cans is increasing at a much faster rate than before due to the increasing consumer inclination towards personal hygiene products such as deodorants. Also, the increase in demand for home care products such as insect sprays, room fresheners, etc. is also driving the demand for the Aluminium Monobloc Aerosol Cans in the global market.
However, the demand for this product is also expected to grow with the introduction of new features and the latest innovation in the product which will also create new application prospects for the Aluminium Monobloc Aerosol Cans. Some of the restraints present in the market is the threat of substitute products or the introduction of new alternative packaging solution which might hamper the growth of this market in near future.
Another challenge in this market is the collection of the Aluminium Monobloc Aerosol Cans for recycling purpose. Existing companies in the Aluminium Monobloc Aerosol Cans market could focus on expanding their market presence through expansion or acquisition & merger strategy. There are significant opportunities available for contract manufacturing of Aluminium Monobloc Aerosol Cans in the emerging coutries.
Recent Developments:
Ball Corporation unveils lightweight aerosol can aimed at carbon footprint reduction
28 JUNE 2022: Ball Corporation has unveiled a new aluminium aerosol can made with its lightweight ReAl alloy while incorporating 50% recycled content and aluminium smelted using renewable energy sources in a bid to half the pack’s carbon footprint.
The global Aluminium Monobloc Aerosol Cans includes identification and analysis of the various market participants competing in the global market. Prominent competitors include ALUCON Public Company Limited, Bharat Containers, Ball Corporation, Linhardt, Pioneer Group, Tecnocap, PT Goldion Alumindo Utama, Trivium, Envases Group, Toyo Seikan, Euro Asia Packaging (Guangdong), Exal Corporation, Ardagh Group, CCL Container and many others
Aluminium Monobloc Aerosol Cans Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application it is segmented into
Aluminium Monobloc Aerosol Cans market is prevalent in the North America and European region due to the high demand for the personal hygiene products in these regions. The companies are investing on research and development activities to offer lightweight Aluminium Monobloc Aerosol Cans which would help brand owners to reduce carbon footprint in their value chain. The demand is expected to grow continuously with the same pace in the near future.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | ALUCON Public Company Limited, Bharat Containers, Ball Corporation, Linhardt, Pioneer Group, Tecnocap, PT Goldion Alumindo Utama, Trivium, Envases Group, Toyo Seikan, Euro Asia Packaging (Guangdong), Exal Corporation, Ardagh Group, CCL Container |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 109 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Aluminium Monobloc Aerosol Cans Market is studied from 2017 - 2027.
What is the growth rate of Aluminium Monobloc Aerosol Cans Market?
The Aluminium Monobloc Aerosol Cans Market is growing at a CAGR of 5.3% over the next 5 years.
Who are the leading key players in Aluminium Monobloc Aerosol Cans Market?
ALUCON Public Company Limited, Bharat Containers, Ball Corporation, Linhardt, Pioneer Group, Tecnocap, PT Goldion Alumindo Utama, Trivium, Envases Group, Toyo Seikan, Euro Asia Packaging (Guangdong), Exal Corporation, Ardagh Group, CCL Container
What regions does this Aluminium Monobloc Aerosol Cans Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Aluminium Monobloc Aerosol Cans Market?
Standard Aerosol Cans, Shaped Aerosol Cans
What are the significant Applications of Aluminium Monobloc Aerosol Cans Market?
Cosmetic & Personal Care, Pharmaceutical, Insecticides, Industrial, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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