Europe aerosol container market is expected to
reach USD 1.37 Billion by 2022, according to a new report by Grand View
Research, Inc. Europe aerosol container is expected to witness substantial
growth over the forecast period owing to its widespread use in household,
paint, and medical industries. Furthermore, growing demand for these products
from food & beverage and automotive applications is expected to propel
market growth over the projected period.
Increasing demand for cosmetic
products in countries including UK, France, Germany and Italy is expected to
have positive impact on market growth. Furthermore, rising demand from personal
care sector owing to increasing use of deodorants, hair sprays, and shaving
creams among young population is expected to be a key driver for aerosol
container market growth.
Europe aerosol container
market revenue, by product, 2012-2022 (USD Million)
Browse full research report on
Europe
Aerosol Container Market
Further key findings from
the report suggest:
- Europe metal
aerosol container accounted for over 95% of the market share in 2014.
Increasing demand for these products owing to its superior barriers
properties which protects the product from negative effects of UV
radiation on medical, personal care and food products is likely to
increase market share.
- Growing
demand for glass aerosol container from medical industry including
pharmaceutical manufacturers as well as laboratory research is expected to
drive production growth over the forecast period. These containers are
non-porous, impermeable and have no chemical interactions with the product
stored, thus promoting its use in medical and laboratory
applications.
- Metal aerosol
container production in France was over USD 130 million in 2014. Presence
of large number of personal care companies coupled with rising use of
these products in personal care packaging is expected to propel demand
over the next seven years. France is the fourth largest paint exporter in
the world and has been exporting to economies including Poland, Turkey and
Russia. Rising demand for paint from various applications, especially
construction, is expected to propel container production in the
region.
- UK aerosol
container production is expected to witness significant growth, growing at
a CAGR of over 4% from 2015 to 2022. Growing demand for these products in
personal care products is likely to propel production over the next seven
years. Rising demand for these containers owing to their light weight and
corrosion resistance properties is expected to propel demand over the
forecast period.
- Europe
aerosol container market is integrated across various stages of the value
chain particularly from container manufactures to end-use industries and
recycling companies. Raw material companies include Arcelor Mittal, Alcoa
Inc., TW Metals, and Crown Aerosol provides various raw materials
including stainless steel and aluminum in the form of rod, sheet, plate,
tube or pipe.
For
more information: http://www.grandviewresearch.com
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