Market Size of Australia And New Zealand Aerosol Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.20 Billion |
Market Size (2029) | USD 1.64 Billion |
CAGR (2024 - 2029) | > 5.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Australia And New Zealand Aerosol Market Analysis
The Australia And New Zealand Aerosol Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 1.64 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
- The increasing demand for aerosol cans from the paint and coating industry and the increasing awareness related to hygiene and personal care are expected to drive the demand for aerosol cans.
- However, stringent regulations pertaining to the use of aerosol are expected to hinder the market's growth.
- The development of product innovations and increasing investments in the medical industry are likely to provide opportunities for growth in the coming years.
Australia And New Zealand Aerosol Industry Segmentation
An aerosol is a system of liquid or solid particles uniformly distributed in a finely divided state through gas and air.
The aerosol market in Australia and New Zealand is segmented by material, application, and geography. By material, the market is segmented into steel, aluminum, and other materials. By application, the market is segmented into automotive, personal care, food products, herbicide, household products, insecticide, industrial and technical, medical, paint and coatings, and other applications. By Geography, the market is segmented into Australia and New Zealand. For each segment, market sizing and forecasts are provided on the basis of value (USD).
By Material | |
Steel | |
Aluminium | |
Other Materials |
By Application | |
Automotive | |
Personal Care | |
Food Products | |
Herbicide | |
Household Products | |
Insecticide | |
Industrial and Technical | |
Medical | |
Paint and Coatings | |
Other Applications |
By Geography | |
Australia | |
New Zealand |
Australia And New Zealand Aerosol Market Size Summary
The aerosol market in Australia and New Zealand is experiencing a robust growth trajectory, driven by increasing demand from the paint and coating industry, as well as heightened awareness around hygiene and personal care. The market is characterized by a strong consumer preference for availability, cleanliness, and sustainability in beauty products, with both men and women seeking safe and effective solutions. The personal care segment, particularly in New Zealand, is witnessing a surge in demand for aerosol-based cosmetics such as deodorants, hair sprays, and sun protection creams. This trend is supported by the growing consumption of beauty products and the expanding user base in the personal care sector. However, the market faces challenges due to stringent regulations governing aerosol usage, which could potentially impede growth.
Despite these challenges, the aerosol market is poised for significant opportunities, particularly through product innovations and increased investments in the medical industry. The automotive aftermarket and construction sectors also present promising applications for aerosols, with the latter contributing to economic development in Australia. The healthcare industry, with its reliance on aerosols for inhalers and spray medications, further bolsters market demand. The market is consolidated, with major players like Unilever, Reckitt Benckiser Group, and Henkel AG & Co. KGaA leading the charge. Recent developments, such as Unilever's launch of a natural aerosol deodorant brand and Jamestrong Packaging's expansion of aerosol can production, underscore the dynamic nature of the market and its potential for continued growth in the coming years.
Australia And New Zealand Aerosol Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Increasing Demand for Aerosol Cans from the Paint and Coatings Industry
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1.1.2 Increasing Awareness of Hygiene and Personal Care
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1.2 Market Restraints
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1.2.1 Stringent Regulations Related to Use of Aerosol
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 By Material
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2.1.1 Steel
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2.1.2 Aluminium
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2.1.3 Other Materials
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2.2 By Application
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2.2.1 Automotive
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2.2.2 Personal Care
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2.2.3 Food Products
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2.2.4 Herbicide
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2.2.5 Household Products
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2.2.6 Insecticide
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2.2.7 Industrial and Technical
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2.2.8 Medical
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2.2.9 Paint and Coatings
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2.2.10 Other Applications
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2.3 By Geography
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2.3.1 Australia
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2.3.2 New Zealand
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Australia And New Zealand Aerosol Market Size FAQs
How big is the Australia And New Zealand Aerosol Market?
The Australia And New Zealand Aerosol Market size is expected to reach USD 1.20 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 1.64 billion by 2029.
What is the current Australia And New Zealand Aerosol Market size?
In 2024, the Australia And New Zealand Aerosol Market size is expected to reach USD 1.20 billion.