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Aerosol Packaging Market: On the Verge of Surpassing US$ 10 7 Billion by 2031 | Report By FMI
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Aerosol Packaging Market: Innovation, Sustainability, and Convenience in a Spray Can, Reaching US$ 10 7 Billion By 2031 At A CAGR Of 4 8%
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Demand for Aerosol Packaging Solutions Surging in Personal Care & Cosmetics Industry: Future Market Insights Study
DUBAI, U.A.E., May 27, 2021 /PRNewswire/ ESOMAR-certified consulting firm, Future Market Insights, in a study projects the global aerosol packaging market to exhibit growth at a positive pace through 2021. According to the report, the market is expected to surpass nearly US$ 6.72 Bn in 2021.
Rising demand for incorporating sustainable packaging solutions is primarily underpinning expansion prospects. Furthermore, FMI projects the market to rise at a CAGR of nearly 4.8% between 2021 and 2031.
Rising demand from the personal care & cosmetics industry has prompted the manufacturers to offer sustainable packaging solutions. Hence, increasing investment and rising research & development activities for green solutions are driving the sales of aerosol packaging.