Aerosol Actuators Market Report

Aerosol Actuators Market Analysis By Product (Male Actuators, Female Actuators, Dosage Actuators), By Application, By Region, Competitive Landscape, And Segment Forecasts, 2014 - 2025

Published: August 2017  |  192 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-593-9

Industry Insights

The global aerosol actuators market size was estimated at USD 920.5 million in 2016. Increasing consumption of aerosol based household & personal care products on account of ease of product use coupled with minimal human contact during product dispensing are expected to emerge as the major factors driving growth.

The industry is characterized by the presence of a number of players involved in the manufacture of large volume of actuators. The companies source the raw material from low cost manufacturers in a bid to reduce the production cost. In addition, high volatility in the raw material price imparts a degree of uncertainty to the industry thereby leading to higher supplier bargaining power.

U.S. aerosol actuators market revenue, by application, 2014 - 2025 (Million Units)

U.S. aerosol actuators market

The presence of key players such as Proctor & Gamble and Unilever has enabled a large percentage of the population to gain access to personal care and household aerosol products in the country. This has resulted in increasing demand for large number of aerosol products, thereby driving the demand for actuators in the economy.

Increased occurrence of respiratory disorders including asthma in developing economies, with over 330 million registered cases worldwide, is expected to fuel the aerosol demand in inhalers.Increasing use of pain relief sprays among sports fraternity for the treatment of on-field injuries is expected to augment demand for aerosol in medical applications thereby driving growth of the actuators market.

Some of the key factors driving the global cosmetics market include rising need for skin care products, advanced beauty treatments and marketing strategies adopted by manufacturers such as Unilever, L’Oréal and P&G. in addition, macroeconomic factors such as rising disposable income of consumers is expected to result in an increasing demand for cosmetics and personal care products leading to a heightened demand for actuators.

Presence of stringent regulations pertaining to the use of F-gases by European Commission coupled with the implementation of VOC Paints Directive 2004/42/EC to reduce GHG emissions is expected to hinder the use of aerosol products; thereby hampering the actuators market growth in the over the forecast period.

Rising awareness regarding the ill-effects of propellants on the ozone layer causing depletion has led to the implementation of regulations and protocols for phasing out of such products. However, introduction of substitues such as dimethyl ether (DME) are being increasingly used as a relatively safer alternative. The increasing use of bio-based solvents is expected to propel the demand for aerosol thereby driving actuators market growth.

Application Insights

The extensive use of male actuators in the personal care products is expected to drive the market growth for the products at a CAGR of 4.2%. The penetration of the male actuators likely to grow on account of high adoption rates in deodorant cans. In addition, growing use of dosage cans in personal care products is expected to drive growth over the forecast period.

Aerosol products which require a high degree of perfection in the dispensing, deploy female actuators, with the product expected to account for 69.0% of the demand from household products. The segment is likely to exhibit considerable growth due to increasing demand for more sophisticated aerosol dispensers for use in household application segment.

Global aerosol actuators market revenue by application, 2016 (%)

Global aerosol actuators market

The dosage actuators are used for specific applications, with the demand majorly driven by the healthcare industry. Increasing demand for the aforementioned products in respiratory devices coupled with increase in product penetration in the industry is expected to drive the market growth. In addition, growth of the medical industry across the globe driven by rising population is expected to drive growth.

Rising demand for the product in aerosol based cleaners and greases used in the industrial & automotive sector is expected to drive growth. The use of actuators for the aforementioned segment is expected to reach USD 165.4 million by 2025 driven primarily by rising adoption of such products by the consumers.

Rising usage of aerosol in various food products including whipped cream, chocolate, ketchup, mayonnaise, vinegar, olive oil, and various beverages including sparkling water, soda, and beer is likely to fuel industry expansion over the forecast period. In addition, limited reaction of plastic actuators with the aerosol products is expected to drive growth.

Regional Insights

Europe is the leading market and accounted for 37.8% of the total revenue in 2016. The industry is expected to witness limited growth due to growing industry maturity in economies such as Germany, UK, and France. However, growing demand for spray based personal care products such as shaving creams and hairsprays in the region is expected to drive growth.

Emerging economies in Asia Pacific have been experiencing strong economic growth. Government initiatives to promote new investments for the production of aerosol products coupled with growing expenditure on personal care products is expected to drive the industry growth over the forecast period.

China is projected to account for a market revenue of USD 69.8 million due to rising living standards, low production cost, and population induced domestic demand. Favorable regulations in the economy also contributes towards growing demand and encourages foreign players to invest, making the marketplace more competitive.

The market in North America is expected to grow at a CAGR of 3.2% by revenue from 2017 to 2025 driven by demand for aerosol based household products in the U.S. High expenditure by the consumers on personal care and household products driven by heightened emphasis on the ease of product use is expected to drive the market growth in the region.

The market in Middle East & Africa is expected to register prominent gains driven by high consumption volume by the automotive industry. Growing demand for aerosol based household cleaners is expected to drive the demand for actuators over the forecast period.

Competitive Insights

The global aerosol actuators market is highly competitive and fairly distributed due to high demand across the globe, with a few companies accounting for considerable share of the global production in 2016. Key players include Aptar Group, Mitani Valve Co. Ltd, Lindal Group, Coster Group and Summit Packaging Systems Inc.

Low cost, new technology and customized products are expected to be key strategies adopted by major manufacturers to increase the market share. The companies in the industry lay high emphasis on product customization in order to meet the requirements of the major aerosol manufacturers.

The companies in the industry resort to capacity additions in order to cater to the requirements of an increased demand. In addition, the key players operate innovation and technical centers and emphasize on extensive research and development to gain competitive edge in the market.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation                                                 

Volume in Million Units, Revenue in USD Million and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Canada, Mexico, Germany, UK, France, Italy, China, India, Japan, Brazil

Report coverage             

Revenue forecast, competitive landscape, growth factors and trends

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Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global aerosol actuators market on the basis of application and region:

  • Application Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

    • Personal Care

      • Male

      • Female

      • Dosage

    • Household

      • Male

      • Female

    • Automotive & Industrial

      • Male

      • Female

    • Food

      • Male

      • Female

    • Paints

      • Male

      • Female

    • Medical

      • Male

      • Female

      • Dosage

    • Others

      • Male

      • Female

      • Dosage

  • Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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