Aerosol Actuators Market Poised for Steady Growth in the Future By 2025

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
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’OrĂ©al 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.
Further key findings from the report suggest:
  • Dosage actuators segment is expected to be the largest product segment for medical application, growing at a rate of CAGR 4.5% by volume from 2017 to 2025. Increasing adoption of the product for inhalers and sprays is expected to drive the demand over the forecast period.
  • Automotive & industrial application segment is expected to grow from USD 93.5 million in 2016 to USD 165.4 million owing to increasing use of aerosol paints & cleaners for aforementioned application. The demand will be influenced by the effective use of paints and lubricants using actuators.
  • Middle East & Africa is expected to exhibit highest growth, growing at a CAGR of 6.7%, by volume from 2017 to 2025, owing increasing manufacturing base coupled with high adoption rate of aerosol products in this region.
  • Key market participants include Aptar Group, Mitani Valve Co. Ltd, Lindal Group, Coster Group and Summit Packaging Systems Inc. with the companies focusing on low cost, new technology and customized products to gain market share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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