Aerosols are defined as a substance enclosed under pressure and released as a fine spray by means of a propellant gas. Aerosols now a days have become a part of our daily life and are used in paints, perfumes, room fresheners, medical products deodorants in order to hold liquid droplets in pressurized form. Globally demand for aerosol is being driven by increasing consumption of personal care product globally and increasing consumption of aerosols in paint and other industrial applications.
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Scope & Regional Forecast of the Aerosol Market
Geographically Europe dominated global aerosol market due to higher consumption aerosol containing products in the region. Aerosol market in North America and Asia-Pacific followed European aerosol representing second and third largest market respectively in 2015.
Demand for the aerosol is expected to grow fastest in the Asia Pacific region due to increasing consumption of the beauty and personal care products as a result of increasing disposable income and coupled with another major factor like growing consciousness towards personal and beauty care and absence of strict regulations for VOC and CFC Emission Regulations as compared to Western economies. Personal care end-use segment dominated the global aerosol market followed by household application segment.
Rising applications of aerosols in paints, food and adhesives, automotive and other industries are set to drive the market in coming years. Hair care and personal care products on the other hand are propelling the market growth. Aerosol market is categorized by application and by geography. Personal care holds the largest share in aerosol market globally, followed by household application segment. Mounting disposable income along with rising standard of living is fueling the usage of personal care and household products for better living.
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Segmentations & Key Players Involved in the Aerosol Market
The Aerosol Market can be broken down into various segmentations on the basis of –
- Application: Automotive & Industrial, Paint, Household, Food, Personal Care, Medical and Others.
- Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Aerosol Market are as follows:
- Honeywell International Inc.
- S.C. Johnson & Son, Inc.
- Reckitt Benckiser Group plc,
- Proctor and Gamble
- Crabtree & Evelyn, Ltd.
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