Europe Aerosol Container Market Worth $1.4 Billion By 2022 - Hexa Research
Europe Aerosol Container Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2022
The Europe Aerosol Container Market is likely to surpass USD 1.4 billion (in terms of sales) by 2022. Increased use of aerosol containers in paints, household, & medical sectors should propel the market over the forecast period (2015 to 2022). Higher demand for cosmetic products in Italy, U.K., Germany, and France will also boost market revnues.
Moreover, demand for aerosol containers from the industries of automotives and food & beverages may contribute market expansion. The market is categorized as per products, applications, and nations. Products are metals, glasses, and plastics. Metals dominated the market in 2014. They would undergo substantial growth during the forecast period, at over 3.2% CAGR.
Raw materials are adopted due to their light weight & strong barrier features. In addition, they can be molded & printed into various designs. This is done without compromising on their structural reliability. This can also drive the Europe aerosol container market in the near future. Plastics generated more than USD 8 million in 2014.
Browse Details of Report@
Applications include household, personal care, medical, paints, and others. Personal care dominated the market in 2014, producing over USD 500 million. Greater usage of aerosol containers for making body sprays, antiperspirants, hair sprays, & after shaves is expected to add market demand till 2022.
Medical will experience the fastest expansion in the seven years ahead. It would rise at over 5% CAGR during the same period. Wider aerosol adoption across pressurized metered-dose inhalers for asthma can propel medical applications. Nations-wise, U.K. was the biggest market manufacturer in 2014. This country contributed over 25% of the total volumes the same year.
National awareness regarding the advantages of aerosol containers is projected to drive U.K.’s production volumes from 2015 to 2022. Demand from Germany stood over USD 200 million in 2014. It should observe a significant boost over the forecast period. Germany’s huge FMCG firms would positively affect national growth in the near future. France held over 12% shares (regarding volumes) in 2014.
Demand for paints across multiple applications, specifically construction, could propel the France market. Key companies operating in the Europe aerosol container market encompass Ball Corporation, Plastipak Holdings, Arnest Group, and TUBEX Holding GmbH.
Browse Related Category Market Reports@
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Felton Office Plaza
6265 Highway 9
Felton, California 95018
Website - http://www.hexaresearch.com/
Visit Our Blog - hexaresearch1.blogspot.com
Advanced Interior Materials Market Research Report
Feb 01, 2017