Europe Aerosol Container Market Analysis, Growth and Forecasts, 2014 to 2022
The Europe aerosol container market size was estimated at over USD 1,000 million in 2014.
(firmenpresse) - 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.
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.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.
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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.
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Datum: 19.07.2018 - 10:20 Uhr
Sprache: Deutsch
News-ID 1538755
Anzahl Zeichen: 2551
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Contact person: Ryan Shaw
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Kategorie:
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Typ of Press Release: Finanzinformation
type of sending: Veröffentlichung
Date of sending: 19.07.2018
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