A recent market intelligence report that is published by Data Insights Partner on the global Aerosol Packaging Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Aerosol Packaging Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Aerosol Packaging Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Aerosol Packaging Market is offered. In accordance with the report, the global Aerosol Packaging Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Consumption of global flexible market is valued at XX (‘000 MT tones) in terms of volume in the year 2019, out of which flexible packaging made up of Polyethylene Material had a share of 41%.
The total market for flexible in 2019 is valued at US $ XX billion. North America has the highest market share in the global flexible market with a market share of XX.X% in 2019 followed by the Asia Pacific region which has a market share of XX.X%.
Along with Polyethylene Material, polypropylene and BOPP are increasing preferred by the manufacturers for making films . Factors contributing to the increased demand of films includes the tremendous growth of the food industry which represents the highest market for the global flexible packaging films market.
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Films are considered as the most economical means for the protection and distribution of food and other products which require and extended shelf life.Convenience of use (Easy to Store, reseal ability and Shelf life) are the most important attributes from end consumers point of view for flexible packaging manufacturer ; while brand visibility, attractive and shelf life are priorities for brand owners.
Reduced Cost viz. a viz Physical Protection are few tangible benefits of using films, whereas increased shelf life are the non-tangible benefits to the brand owners
Films brings along with it a exceptional aesthetic finish and the consumers are willing to pay premium prices for certain product attributes enhanced by the use of these films.
High barrier properties along with stronger films and laminates creates durability and enhanced barriers extend the shelf life and also reduce wastage.
Globally, the demand for packaged food containers is increasing due to rising income levels, expanding middle classes, and population growth. The aerosol packaging product used in food packaging offers fast food preparation without sacrificing taste, and it also preserves the food from spoiling due to light and air. Presently, aerosols are not widely used in food products, but now, with the latest innovations in this field, it is becoming popular in various regions. As there are a few manufacturers who produce food aerosols, there are wide opportunities for new entrants to capture market share.
Plastic aerosol is an environment-friendly product, and does not contain any harmful propellants. Plastic aerosol can be formed in various shapes, which makes it very attractive for the packaging of new products. Presently, it constitutes around 1% of the overall aerosol production all over the world. Companies can spend some part of their revenues on the research and development of new and innovative plastic aerosol products. There is a good opportunity for manufacturers to launch new plastic aerosol products and cater to the growing demand for harmless aerosol packaging products. There is strong penetration of plastic aerosols in the European market, but it is advancing slowly in North America.
- Ball Corporation (a manufacturer of metal packaging products based in Colorado, U.S.) collaborated with Henkel (a chemical and consumer goods company headquartered in Germany), and introduced its ReAl technology to produce 15% lighter aluminum aerosol cans than the standard ones, which reduced 12% carbon footprint. Henkel’s Fa is the lightest commercially available aerosol can in the market in the 150 ml and 200 ml can segment.
- In 2015, APPE UK, Ltd. and Power Container Corp. successfully launched ‘SprayPET Reveal’, a fully-transparent bag-on-valve plastic aerosol solution.
- In May 2017, Cyclo Industries, Inc., a division of Pidilite USA, Inc., launched an all-round spiral debossing product in a new aerosol packaging format.
This market intelligence report on the global Aerosol Packaging Market encompasses market segments based on material type, capacity size, application, product type and country.
By Material Type the global Aerosol Packaging Market has been divided into:
- Tin-Plated Steel
By Capacity Size the global Aerosol Packaging Market has been divided into:
- Less than 100 ml
- 100 ml – 250 ml
- 251 ml – 500 ml
- More than 500 ml
By Application the global Aerosol Packaging Market has been divided into:
- Cosmetics & Personal Care
- Household Products
By Product Type the global Aerosol Packaging Market has been divided into:
- Aerosol Cans
By country/region, the global Aerosol Packaging Market has been divided into:
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
- ArceloMittal SA
- Lindal Group
- Crown Holdings, Inc.
- Ball Aerosol Packaging SA
- CCL Container, Inc.
- Ardagh Group PLC
- Alucon Public Company Ltd.
- Asian Aerosol Pvt. Ltd
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Aerosol Packaging Market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
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Ø This study offers comprehensive yet detailed analysis of the Aerosol Packaging Market, size of the market (US$ Mn and Volume KiloTons), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Aerosol Packaging Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Aerosol Packaging caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Aerosol Packaging Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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v Identification of key factors driving investment opportunities in the Aerosol Packaging Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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