Global aerosol market is projected to reach $75,208.9 million by 2023. The growth of the aerosol market is majorly driven by the growing key end use industries and rapid industrialization in developing economies.
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Based on application, the aerosol market is segmented into household, automotive, paints and varnishes, food and beverages, personal care, insecticide and others; ‘others’ include pharmaceuticals, veterinary, and textiles. Among these, personal care is the largest category in the market, attributed to the increasing awareness about personal care and hygiene worldwide.
Globally, Europe is the largest aerosol market, with a contribution of more than 35.0% revenue in 2017. This can be ascribed to the superior barrier properties of aerosol, which protect the products from harmful ultraviolet (UV) radiations in the food, personal care, and medical industries.
Increasing demand for aerosol products in the packaging application for different products such as household cleaners and insecticides, is creating various opportunities in the market for the industry players.
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Some of the major players operating in the global aerosol market are Reckitt Benckiser Group Plc., Proctor & Gamble Company, SC Johnson & Son Inc., Akzo Nobel N.V., Unilever PLC, Coster Technologie Speciali S.p.A., Thymes LLC, Crabtree & Evelyn Ltd., Honeywell International Inc., Colep Polska Sp. z.o.o.
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