Global Aerosol Overview
pulmonary dysplasia (BPD), as well as deliver insulin, pain
medications and influenza and measles vaccines.
Currently, MDIs are the major contributor to the aerosol
therapy market and are expected to continue to dominate in
the future. Asthma symptoms have been detected in 26 million
U.S. residents (19 million adults and seven million children).
At this rate, North America is expected to command the market
while demand in Asia Pacific (mostly China and India) is
also estimated to grow at a relatively fast rate.
Global factors driving the market include increasing pollution,
an increasing numbers of vehicles, lifestyle choices, environmental
factors, hereditary weakness for certain pulmonary
diseases, industrialization and rising healthcare investments,
according to Transparency Market Research.
In a recent report from Transparency Market Research titled
Bag on Valve Technology Market: Global Industry Analysis & Forecast
2016-2024, the rapidly growing market of bag-on-valve (BOV)
technology is set to exhibit a CAGR of 4.3% by the end of
2024. The BOV technology market is projected to be worth
$500.1 million by 2024.
AEROBAL Reports 3% Growth in the
Aluminum Aerosol Can Market in 2016
Economic and political problems around the world did not have
an adverse impact on the performance of the member companies
of the International Organization of Aluminum Aerosol Container
18 Spray September 2017
(AEROBAL) in 2016.
AEROBAL once again
sales: an increase in year-on-year growth of 3% and production of
about 5.5 billion aluminum cans worldwide.
Asian markets achieved the highest growth. Even though
growth rates were not quite as dynamic as had generally been
expected, there was still an increase of almost 10%.
North, Central and South America also reported above-average
growth with increased sales of 5% compared with the previous
In Europe, the deodorant and perfume categories were the primary
growth drivers and continue to be very popular worldwide,
opening up new growth potential. They accounted for the lion’s
share of all aluminum aerosol cans produced in 2016—more than
50%. Other important products and applications in the personal
care sector were hair spray, hair mousse and shaving cream.
Overall, the personal care sector accounted for about 80% of all
aerosol cans produced. Approximately 10% of production went
into industrial and household products and 5% into the pharmaceutical
AEROBAL’s Secretary General Gregor Spengler sees potential
for growth, above all in the Asian markets, pointing out that the
per capita consumption of aerosol cans in the region is still well
below the global average.
Consumers are showing a strong inclination toward BOV
technology as a packaging solution, says Grand View Research,
as it minimizes product wastage and contamination, helping
ensure complete value for money. The growing pharmaceutical
industry is expected to expand into the BOV market in coming
China is projected to be the largest consumer, as well as the
key manufacturer, of BOV technology in the coming years, followed
by Asia Pacific, India and Europe.
A new report published by Future Market Insights, titled
Aerosol Packaging Market: Global Industry Analysis (2012–2016)
& Opportunity Assessment (2017–2027), indicated that the APEJ
region (Asia Pacific excluding Japan) is projected to remain
the dominant regional market in the global aerosol packaging
market during the forecast period. The estimates point to a
revenue growth from about $6,428.1 million in 2017 to $10,113
million by the end of 2027, resulting in a CAGR of 4.6% over
the forecast period.
According to Grand View Research, Europeans consumed
32% of global aerosols in 2015 on account of growing use of
personal care products, particularly in Germany, Spain, Italy,
France and particularly among the male population in the UK.
Popular products include hair sprays, spray-on conditioners and
However, the presence of stringent regulations to limit
volatile organic compounds (VOC) emissions, including the
European Commissions’ VOC Solvents Emissions Directive, is
expected to restrict market growth.
The aerosol industry in Central and South America is driven
by the consumption of products primarily in Brazil and Argentina.
North America accounted for over 29% of global aerosol
consumption owing to high disposable consumer incomes
primarily in the U.S. and Canada.
In terms of volume, the global aerosol packaging market is
anticipated to be pegged at 25.37 billion units by 2027, up from
16.88 billion units in 2017, registering a CAGR of 4.2% during
the forecast period.
The Global Aerosol Packaging Market 2016-2020 report from Research
& Markets states that increasing demand for deodorants
and antiperspirants, especially among youths, has drastically
increased the demand for aerosol packaging; the AP/Deo market
is expected to grow at a significant rate of more than 4% in
the forecast period.
According to the report, growth of the hair spray market will
also be a key driver for the global aerosol packaging market.
Technological innovations in hair sprays have a direct bearing
on their use as consumers are now looking for more efficient
and novel products that better match their lifestyles. Hair