Aerosol Market Trends and Outlook 2018-2023

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Aerosol Market 2018 - 2023

• The European Aerosols Market is projected to
  reach 41 billion in 2023 at a CAGR of 2.85.

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Europe held the largest market share in the
Aerosol Market

• Europe remains the prominent region for the
  growing demands for Aerosols Market, owing to the
  significant growing consumption of personal care
  products in countries such as Germany and the UK.
  The key end user markets in Europe are personal
  care, household products, food, and medical
  devices. Cosmetics and household products
  represent approximately 80 of the European
  production share. Countries such as the UK,
  Germany, Italy, and France hold the key
  manufacturing hubs. The European Aerosols Market
  is projected to reach 41 billion in 2023 at a
  CAGR of 2.85.
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Selected Value Chain Analysis done in the full
report

• The patents for aerosol were granted across
  many application areas, including personal care,
  medical applications, food beverages along with
  other niche sectors and processes. Moreover, new
  developments and inclined investments into the
  RD department has also led to this increase in
  new patent registrations. Many individuals as
  well as small organizations have also filed a
  considerable number of patents. However,
  encouraging consumers to swap traditional
  products for aerosol based products is a major
  challenge for product penetration.

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Excerpts on Market Growth Factors

• Personal Care has been identified as the major
  growth driver for the market and deodorants is
  one of the major revenue generators as it
  contributed a major chunk to the personal care
  market. Also, convenience coupled with growing
  consumer demands for aerosol products are set to
  drive the market in the coming future.
• Adding to the above, spray paints in construction
  and automobile industry is another application
  area. Automotive aerosols are used as brake
  cleaners and fuel-engine intake cleaners. The
  only disadvantage of these cleaners are emissions
  of Volatile Organic Compounds. The Volatile
  Organic Compounds list encompasses numerous
  elements from propane to DICHLOROBENZENE
• Aerosols need no introduction as the populace
  very well connects with the protection of the
  products that are free from external
  contamination. This, coupled with the property of
  the packaging being completely recyclable, makes
  aerosol a unique delivery system.
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Key players of Aerosol Market

• SC Johnson Son Inc. is considered as the
  market leader, deploying umpteen aerosol
  solutions. The family company accounts for the
  highest market share in total aerosol
  air-freshener revenue and is the predominant
  player.

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