Global Aerosol Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)
|出版商||Mordor Intelligence LLP||商品編碼||661231|
|出版日期||內容資訊||英文 160 Pages
|氣霧劑的全球市場:各用途，各地區:成長，趨勢，預測:2018年∼2023年 Global Aerosol Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)|
|出版日期: 2018年05月01日||內容資訊: 英文 160 Pages||
The aerosol market is likely to witness a moderate growth during 2018-2023 (the forecast period). Asia-Pacific is expected to witness strong demand for aerosol, fueled by increasing investment in the medical industry, increasing automotive production, and growing demand for paints & coatings. Moreover, the increasing awareness about hygiene and increasing demand for personal care products is likely to increase aerosol demand for application in the production and packaging of hygiene and personal care products.
Increasing awareness related to personal care has increased the demand for cosmetics, such as deodorants, antiperspirants, cream foundation, hydrating creams, sun protection cream, tanning lotions, hair sprays & styling sprays, hair shines, and others. The demand for products, like shampoo, hair foams & gels, gel toothpastes, etc., has also been growing with the increasing hygiene awareness in the population. With changes in fashion trends, teenagers' demand for cosmetics also increased substantially in the previous years, especially in Asia-Pacific. Additionally, the strong urge in the aging population to retain a youthful appearance, is further nurturing the growth of the cosmetics industry. Hence, with the growing demand, and thereby, production of cosmetics and hygiene products, the demand for aerosol has also been increasing from the personal care industry.
Aerosol finds number of applications in the automotive industry in the form of paints, cleaners, lubricant cans, spray paints, ignition sealer, etc. In 2017, the global automotive production increased by about 2.36% from 2016, when more than 97 million vehicles were produced globally. The automotive industry is projected to witness about 2% growth in 2018, fueled by increasing demand for lightweight vehicles and SUVs, especially in emerging economies, like China, Japan, India, and others. The expected increase in the production of vehicles is projected to increase the demand for aerosol automotive products, further driving the growth of the aerosol market during the forecast period.
Asia-Pacific is expected to witness strong growth in the demand for aerosol, driven by increasing demand for personal care products, increasing investments in the medical industry, and increasing automotive production in the region. In Asia-Pacific, China is expected to witness noticeable growth in the demand for aerosol during the forecast period, owing to the robust growth of the automotive industry, increasing furniture production & exports, and increasing construction and architectural projects, which is further likely to increase the demand for paints & coatings.
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