Market Size of Aerosol Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 40.06 Billion |
| Market Size (2029) | USD 53.13 Billion |
| CAGR (2024 - 2029) | > 5.50 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aerosol Market Analysis
The Aerosol Market size is estimated at USD 40.06 billion in 2024, and is expected to reach USD 53.13 billion by 2029, growing at a CAGR of greater than 5.5% during the forecast period (2024-2029).
In 2020, the COVID-19 pandemic hindered the growth of the aerosol market as a whole because it messed up the supply chain and put a temporary stop to production. However, the rising consumption of aerosols in personal care products has propelled industry growth post-pandemic.
- The major factors driving the growth of the market studied are the increasing demand for aerosol cans from the paint and coatings industry and rising awareness related to hygiene and personal care.
- Stringent regulations related to the use of aerosols are likely to hinder the growth of the market.
- Product innovation and increasing investments in the medical industry are expected to create opportunities for the market in the coming years.
- Europe is expected to dominate the market, while Asia-Pacific is likely to witness the highest CAGR during the forecast period.
