Aerosol Caps Market - Forecast(2023 - 2028)

Aerosol Caps Market Overview

Aerosol Caps Market size is estimated to reach US$1.1 billion by 2027 after growing at a CAGR of 4.0% from 2022-2027. An aerosol cap is a plastic lid that fits over aerosol or pressurized cans and bottles which are used in industrial and consumer products. The cap is made of polypropylene polymer while the bottle or container is usually made of tinplated steel or aluminum. These caps function by creating the required amount of pressure on the valve and as it is directly attached to it, so it enables the valve to expel the liquid or gas material outside the can or bottle container. This cap is used in various application sectors like automobile, household, personal care, medical, etc. The drivers that have positively impacted the growth of the aerosol caps market are an increase in demand for aerosol spray paint in sectors like personal care, automotive, etc. rapid advancement in aerosol products like cans. However, aerosol products contain volatile organic compounds which makes them a hazardous substance, hence to prevent their negative impact on human health certain regulations laid down by government organizations have hampered the growth of the aerosol caps industry.

COVID-19 Impact

The unfavorable effects left by COVID-19 harmed the functionality of various industrial sectors like consumer goods, packaging, automobiles, etc. As there was a lockdown and other social restrictions implemented by governments across the world, so this caused a reduction in productivity of the industrial sector which led to high loss incurring and job cutting. Aerosol caps are used in personal care items like deodorants, cream lotion, talcum, etc., and various household and automobile applications. Hence with the reduction in productivity in such sectors, the demand for aerosol caps also decreased in them. For instance, as per the International Organization of Motor Vehicle Manufacturing, in 2020 there was a 16% global decline in vehicles production with all major producing regions like the U.S, Brazil, Germany having a sharp decline of 11% to 44% and Europe saw a drop of 21% on average. Hence as aerosol cap is used in automotive spray paint cans, so with the reduction in the production of automobiles, the demand for aerosol caps is also reduced.

Report Coverage

The report: “Aerosol Caps Market – Forecast (2022 – 2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Aerosol Caps Industry.

By Product Type – Single Wall Caps, Cans, and Rim Caps, Double Wall Caps, Necked-In Caps, Snap Lock Caps, CRC Caps, Caps for PU Foam, Domed Caps, and Others
By Application – Spray Cans, Plastic bottle, Pumps (Lotion Pump, Cream Pump, Perfume Pump), and Others
By End-User – Automotive, Personal Care, Paints, Medical, Food & Beverages, Industrial, and Others
By Geography - North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East and Africa)

Key Takeaways

• Europe dominates the aerosol caps market, as the region consists of countries like Germany, France that are major markets for personal care products like gels, hair sprays, creams, deodorants, etc.
• In the medical sector, an aerosol cap is used in Metered Dose Inhalers and Dry Powder Inhalers both of which are used in treating lungs disease. The administration of drugs from aerosol is easy, therefore it has a wide range of medical applications in treating a patient
• With aerosol Packaging gaining traction in the packaging industry and replacing packaging materials like paper, cardboard, etc, hence such replacement will boost up the demand for the aerosol caps industry

Figure: Europe Aerosol Caps Market Revenue, 2021-2027 (US$ Million)

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Aerosol Caps Market Segment – By Product

Single wall caps held the largest share in the aerosol caps market in 2021 with a share of over 35%. This is due to factors like such caps being mostly used in cosmetics and personal care products like cream, deodorants, talcum powder, etc. and besides that, such aerosol cap type is also used in insecticide spray. With the new products being launched in such sectors, the demand for single-wall aerosol caps in them will also increase. For instance, in February 2021 Old Spice introduced its three new ranges of deodorants dynasty, sea spray, royalty which are available in aluminum-free deodorants, antiperspirant deodorant. Moreover, Woodland, a leading footwear brand has also introduced a range of deodorants in the Indian market as a part of the spring and summer 2021 collection. Hence with the introduction of such new deodorants, the demand for aerosol cap products to be used in them will also increase. 

Aerosol Caps Market Segment – By Application

Spray cans held the largest share in the aerosol caps market in 2021 with a share of over 40%. This is due to factors like aerosol spray cans are portable, inexpensive, and easy to store hence making them idle for household applications like interior wall painting. The cans used in spray paint are usually made of aluminum or steel which can safely contain pressurized air, liquid. Hence the evolution of spray paint cans has brought certain customization in aerosol caps which has made them more usable in other variety of applications many of which are within the automotive industry. With the growing demand for light vehicles and two-wheelers, the demand for aerosol spray products like automotive spray paint will also increase which would create demand for aerosol caps. For instance, as per the European Association of Motorcycle Manufacturers, in European markets like France, Germany, Italy, Spain the two-wheeler production and registration rose by 10.6% in 2021 from last year. Hence with an increase in two-wheeler production the demand for spray paint which is used as a cleaner, degreaser will also increase, thereby positively impacting demand for the aerosol caps.

Aerosol Caps Market Segment – By End-user

Personal Care held the largest share in the aerosol caps market in 2021 with a share of over 40%. This owns to factors like the introduction of new products formant, gender-specific personal care items, and increasing use of aerosol propellants in hair sprays, deodorants, shampoos, etc. Various regions are seeing a steady increase in sales and demand for personal care & cosmetics products in their markets. For instance, as per the 2020 report of Cosmetic Europe Personal Care Association, a majority of 500 million consumers all over Europe used cosmetics and personal care products. Some products will likely to penetrate the European market up to 100% like in UK deodorant usage is close to the total with 94% of woman and 87% of men doing usage, while in France usage of liquid shampoo increased up to 98% by women and 94% by men. Aerosol caps have high application in personal care products, hence with such an increase in usage of these products the demand for aerosol caps will also increase in the personal care sector.

Aerosol Caps Market Segment – By Geography

Europe held the largest share in the aerosol caps market in 2021 with a share of over 30%. This owns to factors like the region being one of the biggest producers of aerosol products in sectors like cosmetics and households. For instance, as per the 2021 annual report of the European Aerosol Federation, Europe produced maximum aerosol containers in 2020 at a volume of 5.2 billion units, with countries like the United Kingdom, Germany, France providing more than 60% of the annual aerosol production in the region. Moreover, in the first half of 2021, the overall sale of prestige beauty products in the UK increased up to 11% with a maximum increase shown by fragrance products that are of 25% followed by skincare showing an increase of 7% and makeup showing 6%. The region has been producing a maximum share of aerosol products globally for sectors like personal care and households over the past two years with key countries like the UK showing an increase in the sale of cosmetic products. Hence the demand for aerosol caps in such sectors for products like hair spray, lotion, shampoo, etc. will also increase thereby having a positive impact on the aerosol caps industry

Aerosol Caps Market Drivers

Rapid technological advancements

With new technologies being introduced in the market, hence the manufacturing process for aerosol products like cans and caps has become efficient and innovative designs can be produced. For instance, in 2020 a US-based company Ball Corporation with the help of its innovative 360-degree technology created unique shapes of aluminum cans, and a Canada-based company Montebello Packaging created an innovative designed Farms maple seed aluminum can through dry dot screening and color separation technology. Adoption of such technologies would enable aerosol manufacturers to add new innovative designs in aerosol containers and caps. With consumers especially in the personal care & household sector wanting cans and containers that have ergonomic appeal and are easy to use, hence this would create demand for these new products in such sectors.

Growing demand for spray paints by the automotive sector

Besides having high demand in the personal and cosmetics sector the aerosol spray is gaining traction in other sectors too like automotive. Aerosol spray is used as automotive spray paint enhancing the appearance of vehicles, especially the two-wheeler. For instance, in 2021 demand for motorcycles and ATVs in the U.S increased up to 24.1% in Q3 as compared to 2019. Moreover, as per the March 2021 report of the Insurance Institute of Highway Safety, the number of on-road motorcycle registration in the U.S increased from 4.3 million in 2002 to 8.6 million in 2021. With the growing demand for a two-wheeler, the demand for aerosol technology in cleaning, detailing, and lubricating applications for two-wheelers will also increase. Hence such demand will positively impact the growth of the aerosol caps industry as with an increase in usage of spray paints the usage of aerosol caps in them will also increase.

Aerosol Caps Market Challenges

Stringent government regulation

The active ingredient in an aerosol can is highly toxic consisting of a chemical substance which if inhaled by human will damage their health, moreover, the waste created by aerosol cans is very hazardous. Hence to prevent the formation of such waste, the following regulation is being passed by government organizations. For instance, in 2021 the proposed amendments made by the U.S Environment Protection agency in Clean Air Act under National volatile organic compounds emission standards limit the emission of volatile organic compounds created by aerosol products like spray painting. Hence such regulation would negatively affect the growth of aerospace cans and containers, thereby decreasing demand for aerosol caps in the U.S market.

Aerosol Caps Industry Outlook

The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. Aerosol Caps top 10 companies include:

1. Clayton Corporation
2. PLZ Aeroscience
3. Rackow Polymer Corporation
4. Lindal Group Holding GmBH
5. Mitani Valve Co. Ltd
6. Precise Packaging
7. Global Closure System
8. Media Maneuvers
9. Ann McClean
10. Aspire Industries

Recent Developments

• In 2021, PLZ Aeroscience acquired 220 laboratories, an innovator and formulator of hair, skin, and body products. Hence with this acquisition, PLZ will be able to do custom manufacturing of its aerosol and non-aerosol products. 
• In 2021, Lindal Group Holding established its production plant in Sao, Polo Brazil. Hence such establishment will enable the company to meet customer demand in the dynamic Brazilian aerosol market.

Relevant Reports

Aerosol Market - Forecast (2022 - 2027)

Report Code – CMR 0272

Aerosol Can Market - Forecast (2022 - 2027)

Report Code – CMR 1394

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