PUBLISHER: The Insight Partners | PRODUCT CODE: 1535273
PUBLISHER: The Insight Partners | PRODUCT CODE: 1535273
The Europe pre-gassed aerosols market size is expected to grow from US$ 44.27 million in 2023 to US$ 59.99 million by 2031; it is estimated to register a CAGR of 3.9% from 2023 to 2031.
Pre-gassed aerosols are used in the paints & coatings, personal care and cosmetics, pharmaceutical, and food industries. Original equipment manufacturers (OEMs) incorporate aerosol active ingredients into their branded products. OEMs in the automotive industry use aerosol lubricants, degreasers, or paints in their manufacturing processes or offer aerosol products as aftermarket accessories. OEMs have the opportunity to brand aerosol products with their own logos, labels, and packaging designs, reinforcing brand identity and customer loyalty. They collaborate with pre-gassed aerosol manufacturers to develop customized packaging solutions tailored to specific requirements or target markets. The products are supplied to end users directly via business-to-business sales or the network of independent dealers operating across different countries. End users maintain long-term relationships with pre-gassed aerosol manufacturers to ensure a steady supply of high-quality products. The European Aerosol Federation (FEA) establishes standards and guidelines for aerosol can manufacturers to ensure the safety, quality, and environmental sustainability of aerosol packaging.
Based on the type, the Europe pre-gassed aerosols market is segmented into less than 100 ml, 100 ml to 300 ml, 301 ml to 500 ml, and above 500 ml. The 301 ml to 500 ml segment accounted for the largest Europe pre-gassed aerosols market share in 2023. In automotive applications, 301 ml to 500 ml pre-gassed aerosols can be used for the production of lubricants, cleaners, paints, and coatings. This type of aerosol can be used in the production of household cleaners and air fresheners. A 500 ml aerosol can be used for formulating and filling paints, varnishes, primers, and protective coatings.
Mobacc Group, Touch-Up Solutions, Bernardo Ecenarro SA, Solo Refinish Solutions Ltd, Mohawk Finishing Products Inc, Novasol Spray SA, Peter Kwasny GmbH, Mipa Paints Ltd, James Briggs Ltd, and Capella Solutions Group Ltd are among the prominent players profiled in the Europe pre-gassed aerosols market report. Players operating in the market focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, mergers and acquisitions, partnerships, and collaborations in order to stay competitive in the market. The pre-gassed aerosols market forecast can help stakeholders plan their growth strategies. For instance, in 2022, the Sherwin-Williams Company announced that it had completed the acquisition of Gross & Perthun GmbH following the initial agreement announced on June 9, 2022. Sherwin-Williams and Gross & Perthun have highly complementary product offerings, and combined, they create a platform for growth that will provide customers with a broader portfolio of brands and technologies. In 2022, Ball Corporation launched its most sustainable aluminum aerosol can globally, with only half the carbon footprint of a standard can. This will help support the company's ambition to achieve its 2030 science-based targets and net-zero emissions prior to 2050. Also, in 2022, Colep Packaging acquired a stake of 40% in ALM, a Spanish aluminum aerosol producer. This movement allows the company to expand and grow the business by enlarging its packaging portfolio and having a wider range of sustainable materials packaging solutions. The result will be to offer the market more alternatives, flexibility, and customization through technologically enhanced solutions.
The overall Europe pre-gassed aerosols market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the Europe pre-gassed aerosols market.