The global Aerosol Market report contains overall the details analysis based on few parameters like drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and competitive panel for the forecast timespan of 2020 to 2026. Therefore, these written statements reflect the overall market conditions and various other factors that are associated with the market that will definitely guide concerned parties in making a strategic decision.
The research report also covers the
comprehensive profiles of the key players in the market and an in-depth view of
the competitive landscape worldwide. The major players in the aerosol market
include S. C. Johnson & Son Inc., Procter & Gamble, Honeywell
International Inc., Unilever, Reckitt Benckiser Group Plc., Henkel AG &
Co., KGaA, Thymes, LLC, AkzoNobel N.V., Crabtree & Evelyn, Crown Holdings
Inc., Valspar and Ball Corporation. This section includes a holistic view of
the competitive landscape that includes various strategic developments such as
key mergers & acquisitions, future capacities, partnerships, financial
overviews, collaborations, new product developments, new product launches, and
other developments.
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Market
Dynamics
Personal care and household are estimated
as the major application segments of aerosols globally. Rising demand for
personal care products including skin care products, hair care products,
deodorants, shaving and depilatories positively affects the market growth.
Aerosol has significant applications in hair care and skin care products. In
hair care products, it is majorly used to provide shining effect to the hair
strands and to maintain hairstyles. Furthermore, growing preferences to
maintain youthful appearance coupled with increasing health awareness among
populace are some of the primary factors that augment the cosmetic industry
growth.
Rise in disposable income coupled with
improved living standards of populace are some of the critical factors that
increase the adoption of personal care products. Rapid urbanization along with
escalating infrastructural developments in developing countries of Asia Pacific
region also contributes to the aerosol market development. Increasing emphasis
on personal hygiene among the population of emerging economies led to the
rising utilization of household products including cleaners, air fresheners,
disinfectants and sanitizing agents. This further boosts the aerosol market
growth. Moreover, rising customer awareness regarding the maintenance and
appearance of vehicles foster the demand for products such as spray paints and
automotive cleaning agents.
Additionally, increasing vehicle sales
positively impacts the usage of other products including anti-fog agents,
adhesives & sealants and lubricants. Rising usage of dry powder respiratory
inhalers and metered dose inhalers results in the growth of aerosols in medical
segment. This is attributed to the increasing number of asthma patients owing
to the growing pollution in the environment. However, stringent regulations to
limit Volatile Organic Compound (VOC) emissions including European Commissions
VOC Solvents Emissions Directive inhibit the market growth. In contrast,
introduction of environment friendly aerosol cleaning products approved by
Environmental Protection Agency (EPA) is envisaged to catalyze the market
growth in the coming years. For instance, in 2017, a brand named Breathe
introduced new line of aerosol cleaners certified by the EPA.
The report covers Porter’s Five Forces
Model, Market Attractiveness Analysis and Value Chain analysis. These tools
help to get a clear picture of the industry’s structure and evaluate the
competition attractiveness at a global level.
Additionally, these tools also give
inclusive assessment of each application/product segment in the global market
of aerosol.
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Market
Segmentation
The entire aerosol market has been
sub-categorized into application. The report provides an analysis of these
subsets with respect to the geographical segmentation. This research study will
keep marketer informed and helps to identify the target demographics for a
product or service.
By
Application
·
Personal Care
·
Household
·
Automotive & Industrial
·
Food
·
Paint
·
Medical
·
Others
Regional
Analysis
This section covers regional segmentation
which accentuates on current and future demand for aerosol market across North
America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Further, the report focuses on demand for individual application segment across
all the prominent regions.
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