Global Market Insights on Europe Aerosol Container Market Size, Share, Analysis, Regional Outlook, Growth, Trends and Forecasts, 2016 To 2024 – Hexa Research

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Increasing use of metal products largely from personal care sector is anticipated drive the “europe aerosol container market growth”.

The Europe aerosol container market size was estimated at over USD 1,000 million in 2014. Growing demand for these containers owing to its great barriers properties which guard the product from UV radiation in food, personal care, and medical products is expected to surge the demand for aerosol container over the forecast period. Additionally, increasing use of metal products largely from personal care sector is anticipated drive the market growth of Europe aerosol container market.

Silica, HDPE, ABS, PEN, steel, and aluminum are key raw materials used for the manufacturing of aerosol container for its application in several end-use activities. Metals are widely used owing to its properties such as durability and high resistance to UV rays. Moreover, it can also be printed, molded, and shaped according to the specification of the consumer; thus, demand is anticipated to witness positive growth in the near future.

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Europe is one of the largest exporters of aerosol container globally, in terms of volume. Increasing demand for personal care products in developing economies such as Brazil, Thailand, and India is anticipated to have a positive impact on the Europe aerosol container production. Additionally, the presence of large FMCG corporations in this region is anticipated to drive the demand for aerosol containers over the forecast period.

Metal was the major product segment and is anticipated to witness substantial growth, growing at a CAGR of over 3.0% from 2016 to 2024. Raw materials such as tin steel and aluminum are rapidly being used on account of its light weight design and superior barrier properties. Moreover, they can easily be molded and printed into several varieties of designs without compromising on its structural integrity which will drive the growth of Europe aerosol container market, in next eight years.

In terms of revenue, plastic segment was valued at over USD 6.0 million in 2014. The increasing use of plastics container in food packaging and personal care owing to its low cost is anticipated to boost the demand for aerosol container. Additionally, increasing use of bio-PET in the manufacturing of these products is projected to positively impact the growth of Europe aerosol container market due to reduced environmental impact.

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The growing use of these products in manufacturing hairsprays, deodorants, antiperspirants, aftershaves, and other cosmetics products is likely to fuel demand over the next eight years. Furthermore, use of these products for personal care applications in France, U.K., and Germany owing to widespread use by working population is anticipated to contribute towards the growth of the market in personal care applications.

Medical application is anticipated to show the fastest growth among other applications. The increasing use of aerosol in pressurized metered-dose inhalers for asthma inhalation is projected to play a significant role in increasing market penetration. Additionally, environmental assistances allied with the use of glass container, as it can be reused endlessly without losing its quality and purity is likely to fuel demand over the forecast period.

U.K. was the largest aerosol container producer, which accounted for over 25.0% of regional volume in 2014. Rising consumer awareness about benefits of the aerosol container combined with growing application scope in the end-use application including pharmaceuticals, food & beverages, household, and personal care is expected to drive production volumes over the next eight years. Growing demand for these products owing to their corrosion resistance and light weight properties is anticipated to fuel demand over the forecast period.

Demand in Germany was estimated at over USD 200.0 million, in terms of revenue and is expected to witness substantial growth owing to the growing demand for household sector and personal care. The existence of large FMCG companies such as Reckitt Benckiser and Beiersdorf in the region is anticipated to have a favorable impact towards the growth of the market. Furthermore, rising industrialization is Germany coupled with growing pharmaceutical research by corporations is anticipated to open aerosol container demand, which in turn is likely to propel production over the forecast period.

France has accounted for over 10.0% volume share globally in 2014. Growing concerns related to hygiene and personal care has led to augmented demand for personal care products. Slothful demand from pharmaceutical sector owing to rising use of generic medicines is anticipated to limit product market over the next eight years. France is a foremost manufacturer of paints and has been exporting to nations including Russia, Turkey, and Poland. Additionally, rising demand for paint from several applications, especially from construction, is expected to fuel production of aerosol container in the region.

Key participants of Europe aerosol container market are TUBEX Holding GmbH, Perfektup Tic.A.S., Redaelli P. e C., Crown Holdings Inc., Arnest Group, Ardagh Group S.A., Nussbaum Matzingen AG, Ball Corporation, Redalluminio snc di Plastipak Holdings, Inc., Alltub Italia S.R.L.

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