PUBLISHER: Market Research Future | PRODUCT CODE: 1555579
PUBLISHER: Market Research Future | PRODUCT CODE: 1555579
Europe Monobloc Aerosols Aluminum Cans Market Research Report Data by Can Type (Standard Neck Aerosol Cans, Shaped Neck Aerosol Cans, Customized Neck Aerosol Cans, and Others), By Capacity (into Less than 100ml, 100ml - 250ml, 251ml - 500ml, and Above 500ml), By Closure Type (Standard Valve, Fine Mist Sprayers, Continuous Spray Valves, and Others), By Application (Personal Care Products, Household Products, Automotive Products, Food and Beverages, and Others), by Country Forecast to 2032
The market for monobloc aerosol aluminum cans in Europe is expected to increase at a strong rate over the next several years, with a projected CAGR of 4.43%. The market's estimated value was USD 1,081.10 million in 2023, and by the conclusion of the forecast period, which runs from 2024 to 2032, it is expected to reach a remarkable value of USD 1,567.44 million.
The market for aluminum cans used for monobloc aerosols in Europe is expected to develop at a strong rate of 3.6% CAGR over the course of the projected period. The market was forecasted to be worth 2,727.26 million units in 2023. By the time the forecast period ends in 2024, it is expected to have grown to a significant value of 3,697.25 million units.
Numerous sectors, including personal care (hairspray, deodorants), medicines (inhalers), food (cooking sprays), and household goods (air fresheners, insect repellents), use aluminum monobloc cans. Aluminum monobloc cans are becoming more and more necessary because of the rising demand for these goods.
Because aluminum is a highly recyclable material, businesses searching for environmentally friendly packaging options may find monobloc cans to be an appealing alternative. For example, in June 2022, Ball Corporation introduced an aluminum aerosol can with a minimal carbon footprint. 50% recycled material and low-carbon aluminum that has been melted using renewable energy sources are combined to create new cans. By 2030, it will assist the business in cutting its carbon emissions by 16%.
The market for aluminum cans used for monobloc aerosols in Europe is divided into four segments based on the type of can: standard neck cans, shaped neck cans, customized neck cans, and others.
Europe's Monobloc Aerosols Aluminum Cans market is divided into four segments based on capacity: Less than 100ml, 100ml - 250ml, 251ml - 500ml, and Above 500ml.
The Europe Monobloc Aerosols Aluminum Cans market is divided into Standard Valve, Fine Mist Sprayers, Continuous Spray Valves, and other segments based on the type of closure.
The Europe Monobloc Aerosols Aluminum Cans market is divided into five segments based on application: food and beverage, automotive, household, personal care, and others.
The Europe Monobloc Aerosols Aluminum Cans Market study has been divided into the following country-wise segments: Germany, UK, Spain, Italy, Netherlands, France, Switzerland, Russia, Sweden, Norway, Romania, Turkey, Denmark, Finland, and Rest of Europe.
Ball Corporation, Trivium Packaging, Linhardt GmbH & Co KG, Mall + Herlan GmbH, Tubex, ALLTUB, Nussbaum Matzingen AG, Tecnocap, Printal Oy, and Envases Group are a few of the major companies involved in the Europe Monobloc Aerosols Aluminum Cans market.
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