Aerosol Market Demand, Size, Share & Forecast 2032

Aerosol Market: Industry Perspective

The global aerosol market size was worth around USD 83.56 billion in 2023 and is predicted to grow to around USD 151.06 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.80% between 2024 and 2032.

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The report covers forecasts and analysis for the aerosol market on a global and regional level. The study provides historical data for 2018-2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).

Aerosol Market: Overview

Aerosols are composed of solid or liquid tiny particles that are suspended in a gas. Its particles are in the size range of 0.001 to nearly 100 microns. A most common form of the product is a pressurized spray can that can dispense materials ranging from whipping cream, enamel paint to hairspray. These are categorized into various groups based on the size and nature of the particles they are composed of, and up to certain extent, their forming manner. Vital subgroups of the product include sprays, mists, dust and fumes.

Increasing penetration of aerosols in application industries such as automotive, food & beverage, and household will offer its market a substantial growth till 2032. Aerosols are used as a lubricating spray that penetrates deep to displace moisture and leaves a rust inhibiting an oily film. The product is suitable for building, industrial, farm, marine and automotive use. Rapid infrastructural development coupled with robust urbanization in emerging economies will support the demand for aerosols product. Government bodies of numerous nations have demonstrated strong ambition and desire to invest in infrastructural projects. These initiatives are attributed to cater rising tide of populism and boost the economic growth of the country.

The study includes drivers and restraints for the aerosol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aerosol market on a global level.

This report offers a comprehensive analysis of the global aerosol market along with, market trends, drivers, and restraints of the aerosol market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, and the secondary and primary research teams of industry experts.

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Aerosol Market: Segmentation

The study provides a decisive view of the aerosol market by segmenting the market based on product, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on various products, the global aerosol market is categorized as sprays, mists, dust and fumes. Sprays account for highest share in the industry owing to its multiple usages in paints and other industry. Diverse applications pertaining to aerosol products include personal care, household, automotive, food, paints, healthcare and other industries. The household industry would witness substantial gains over the forecast timeframe due to increasing demand for insect sprays and household cleaners. Further, increasing penetration of products such as water repellents, starch, shoe polish, pre-wash sprays, and stain removers in household applications will fuel the segment growth.

Aerosol has major application in the cosmetics industry, especially in hair care, personal care, and body care segments. In hair care products, it is used to provide the shining effect, cleaning, and to secure a better hairstyle. In personal care products, it is consumed in the cream foundation, toothpaste, foams, gels, and deodorants. Increasing preference to maintain a youthful appearance along with rising health awareness is the preliminary factors flourishing cosmetics industry worldwide. Adverse pollution effects on hair and skin have increased awareness of youth towards these products. Protective cosmetic products are in demand owing to rising pollution and its adverse effects on hair and skin conditions. However, side effects of these products on human health can restrain cosmetics industry in near future.

Aerosol Market: Report Scope

Aerosol Market: Regional Analysis

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region has been further segmented into countries such as the U.S., Canada, Mexico, UK, France, Germany, Italy, Poland, Russia, China, India, Japan, India, Korea, Indonesia, Malaysia, Thailand, Brazil, Argentina, Saudi Arabia, UAE, South Africa, Kuwait, and Oman.

Europe will contribute majorly in the global aerosol market on account of rising demand for personal care products, especially in UK, France, Italy, and Spain. Escalating personal care products usage amongst the male population in the UK will boost dry shampoos, conditioners, and hairspray demand. The Asia Pacific will register maximum gains in the industry owing to its ever-increasing consumption of paints and coatings. The region has grown by 60% in value and volume of coatings between 2004 and 2009. Further, it accounts for nearly 35% of overall global coatings market.

Aerosol Market: Competitive Analysis

The global aerosol market is dominated by players like:

• AkzoNobel N.V.
• Crabtree & Evelyn, Ltd.
• Thymes, LLC
• S. C. Johnson & Son, Inc
• Reckitt Benckiser Group plc
• Henkel AG
• Unilever PLC
• Proctor & Gamble

The report segments the global aerosol market as follows:

Aerosol Market: Product Segment Analysis

• Sprays
• Mists
• Dust
• Fumes

Aerosol Market: Application Segment Analysis

• Personal care
• Household
• Automotive
• Food
• Paints
• Healthcare
• Others

Aerosol Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa