Market Size of United States Aerosol Cans Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.31 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Aerosol Cans Market Analysis
The United States aerosol cans market is expected to grow at a CAGR of 1.31% over the forecast period (2021-2026). Owing to the convenience and strength offered by aerosol packaging, aerosol cans have become the standard packaging used in many industries and are growing in the United States.
- The packaging has increased the value of these cans from aesthetic purposes to value creation to the application of the product for storage, transportation, and ease of use. These cans are mostly made of aluminum or steel. They are one of the effective packaging solutions that fit all the features related to execution during storage, transportation, and convenience to the consumer.
- Continuously improving consumer lifestyle is backing the demand from the personal care and cosmetic industry. Aerosol cans enable 360 degrees application and consume 25% less substance for relative area coverage. Furthermore, the fast adaptation of spray paints in the automotive industry for personalization and maintenance purposes has created numerous opportunities for the growth of the aerosol cans market in the United States.
- High investment in R&D to manufacture environmentally sustainable aerosol cans further supports the growth of the aerosol cans market in the region. However, stringent EPA (Environmental Protection Agency) regulations regarding the use of CFC, HCFC, and HFC components in aerosols hams market growth.
- The impact of the outbreak of COVID-19 on the market is expected to be significant in the short-run as the global lockdown has brought the entire manufacturing units to an almost grinding halt, globally. It will cause the demand and supply system to be suboptimal and reduce the profit margins. But, in the long-run, with businesses restarting normally and e-commerce trends on the rise, the market is expected to rebound.
