India Aluminium Aerosol Cans Market (2024-2030) Outlook | Share, Companies, Value, Analysis, Forecast, Size, Industry, Revenue, Trends & Growth

Market Forecast By Capacity Type (Less than 100 ml, 100-250ml, 251-500 ml, More than 500 ml), By Product Type (Necked In, Shaped Wall, Straight Wall), By End-users (Cosmetics & Personal Care, Household Products, Automotive/Industrial, Others) And Competitive Landscape

Product Code: ETC110323	Publication Date: Jul 2023	Updated Date: Jan 2024	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

India Aluminium Aerosol Cans Market Synopsis

India is the second largest producer of aluminium aerosol cans in Asia after China. The market for these cans is expected to grow at a compound annual growth rate (CAGR) of around 11.5% over the next five years, driven by increasing demand from sectors such as food & beverages and personal care. In terms of value, India aluminium aerosol cans market was estimated to be worth INR 2,400 crore in 2020 and this figure is projected to reach INR 4,000 crore by 2025.

Market Drivers

The major drivers for India aluminium aerosol can market are increased demand from the food & beverage sector due to rising consumption habits and growth in demand for personal care products. The growing trend towards convenience foods has also boosted sales of canned goods which have pushed up the consumption of aluminium aerosol cans significantly. Additionally, government initiatives such as Make in India and Swachh Bharat Abhiyan have provided an impetus to local manufacturing activities leading to increased production of consumer items packed using aluminum containers including aerosols cans. Furthermore, rising awareness about health benefits associated with packaged food has further augmented growth prospects of this industry segment during the forecast period.

Challenges of the Market

High import duty on raw materials used for manufacturing aluminum container including aluminum aerosol cans are among major challenges faced by manufacturers operating in this space thus affecting their overall profitability margins adversely. Moreover lack technological advancements coupled with high cost associated with installation if modern machinery pose another set back threatening sustainability business operations over long term basis.Additionally rising competition from other packaging products such as plastic containers may also affect overall sales volume negatively impacting profitability margins across entire value chain operating within country.

Key Players in the Market

Major players operating within IndiaAluminium Aerosol Cans Market include Hindalco Industries Limited , Uflex Limited , Manaksia Industries Limited , Gujarat Tinplate Company Ltd., Sonata Packaging Private Ltd., Nilkamal Plastic Products Pvt Ltd., Aplab Packaging Solutions Pvt Ltd., Ajanta Can Makers Pvt Ltd among others

Key Highlights of the Report:

India Aluminium Aerosol Cans Market Outlook
Market Size of India Aluminium Aerosol Cans Market, 2020
Forecast of India Aluminium Aerosol Cans Market, 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Revenues & Volume for the Period 2023 - 2027
India Aluminium Aerosol Cans Market Trend Evolution
India Aluminium Aerosol Cans Market Drivers and Challenges
India Aluminium Aerosol Cans Price Trends
India Aluminium Aerosol Cans Porter's Five Forces
India Aluminium Aerosol Cans Industry Life Cycle
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Capacity Type for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Less than 100 ml for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By 100-250ml for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By 251-500 ml for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By More than 500 ml for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Product Type for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Necked In for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Shaped Wall for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Straight Wall for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By End-users for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Cosmetics & Personal Care for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Household Products for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Automotive/Industrial for the Period 2023 - 2027
Historical Data and Forecast of India Aluminium Aerosol Cans Market Revenues & Volume By Others for the Period 2023 - 2027
India Aluminium Aerosol Cans Import Export Trade Statistics
Market Opportunity Assessment By Capacity Type
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By End-users
India Aluminium Aerosol Cans Top Companies Market Share
India Aluminium Aerosol Cans Competitive Benchmarking By Technical and Operational Parameters
India Aluminium Aerosol Cans Company Profiles
India Aluminium Aerosol Cans Key Strategic Recommendations