The global aerosol market is estimated to exhibit a CAGR of 5.6% during the forecast period. Aerosols are very fine particles of liquid or solid substances suspended in the air so that various products can be sprayed with fine mist or foam. It is widely adopted in personal care, household, automotive, food, and other applications. The increasing consumption of personal care products such as deodorants, hair sprays, shaving creams, and body sprays creates the demand for aerosol and hence drives the market growth.

Moreover, the increasing use of aerosols in the automotive industry further drives market growth. Aerosol is used in the automotive industry in the form of cleaners, lubricant cans, ignition sealers, and so on. Aerosol cleaners are used to clean brakes, carburetors, battery terminals, electric motors, and many more in vehicles. Though the COVID-19 pandemic has disrupted the supply chain and halted the production of automobiles, the re-opening of all the economies is gradually contributing to the growth of the market.

Segmental Outlook 

The global aerosol market is segmented on the basis of application into automotive, food, household products, personal care, and others. 

Global Aerosol Market Share by Application, 2020 (%)

The personal care segment is estimated to contribute a prominent share in the global aerosol market. The market growth is attributed to the increasing demand for personal care products such as hair care products, shaving creams, and deodorants. The demand is specifically increasing in emerging economies owing to the rising consumer spending and changing lifestyles of the people. Household products are another significant application for aerosols. The growth of the household segment is attributed to the improvement in the standard of living and emphasis on hygiene, especially in emerging economies. 

Regional Outlooks

Geographically, the study of the global aerosol market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World. Europe is estimated to contribute a prominent share to the global market. Rising demand for aerosol applications in healthcare, paints, and coating industries and increasing awareness with respect to personal care and hygiene among others are the factors driving the regional growth of the market.

Further, Asia-Pacific is projected to exhibit a significant growth rate during the forecast period. China contributed a significant share in the Asia-Pacific aerosol market while India is projected to exhibit the fastest growth during the forecast period. Rising demand for personal care products and, increasing awareness regarding cleanliness and hygiene is surging demand for household products such as cleaners, and air fresheners, among others. This, in turn, tend to drive the regional growth of the market.

Market Players Outlook

Moreover, the study of the report covers the analysis of various players operating in the market. Some of the key players covered in the report include 3M Co., Akzo Nobel N.V., BASF SE, Henkel AG, Proctor And Gamble Co., Reckitt Benckiser Group Plc, and others. In order to survive in the market, these players adopt different marketing strategies such as mergers and acquisitions, product launches, and geographical expansion. 

The Report Covers

• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global Aerosol market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.