Market Size of Australia and New Zealand Aerosol Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Australia & New Zealand Aerosol Market Analysis
The Australia and New Zealand aerosol market is estimated to grow with a CAGR of over 5% during the forecast period.
The COVID-19 pandemic and the resultant shutdown of various manufacturing industries, along with disruptions in the supply chain, hampered the demand for aerosol products in the market. The demand is expected to pick up with manufacturing activities slowly resuming to pre-COVID-19 levels.
- The increasing demand for aerosol cans from the paint and coating industry and the increasing awareness related to hygiene and personal care are expected to drive the demand for aerosol cans in the market.
- However, stringent regulations pertaining to the use of aerosol are expected to serve as a hindrance to market growth.
- Development of product innovations and increasing investments in the medical industry are likely to provide opportunities for the market growth.
