Global aerosol printing and graphics market demand is anticipated to be valued at USD 414 million in the current year 2023. According to FMI forecasts, the overall market is anticipated to grow at a CAGR of 4.2% over the years from 2023 to 2033.
In addition to this, the report estimates the overall market to be valued at USD 624.7 million by 2033. Growth is attributed to evolving printing technology. From 2018 to 2022, a CAGR of 3.4% was registered for the land mobile radio system market.
Aerosol Jet Printing (AJP) is a particularly innovative technology for the selective deposition of materials at micron-scale onto any or also the non-flat, flexible, or 3D substrate.
AJ printing works by spraying out an aerosol – a suspension of small liquid droplets in air - in a process that parallels spray painting. Unlike spray paint, however, this aerosol is very precisely deposited, supported by a series of steps that ensure a small, focused beam of material.
Due to growing preferences and demand for high-quality graphical printing for aerosol, there has been substantial growth in the aerosol printing and graphics market. Demand for aerosol printing is continuously growing with the increase in convenience packaging and the trend for preference of customers for aesthetic value. Aerosol printing and graphics is endlessly growing, with equipment manufacturers eying towards a flourishing market of printing. Recent years have seen an upsurge in demand for printing due to an increase in manufacturing activities across the globe, and this trend is expected to grow over the forecast period 2023 to 2033.
North America is considered a highly lucrative market for the aerosol printing and graphics market, driven primarily by the presence of many manufacturers in the region. Simultaneously, fluctuations in the prices of printing raw materials are acting as significant growth barriers.
Report Attributes or Data Points | Details |
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Global Aerosol Printing and Graphics Market Valuation in 2022 | USD 397.3 million |
Estimated Global Market Share in 2023 | USD 414 million |
Forecasted Global Market Size by 2033 | USD 624.7 million |
Projected Global Market Growth Rate from 2023 to 2033 | 4.2% CAGR |
Historical Market Growth Rate from 2018 to 2022 | 3.4% CAGR |
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The global aerosol printing and graphics market is anticipated to witness significant growth owing to the demand for the usage of printing for aerosol printing and graphics in the pharmaceuticals and the personal care industry. Aerosol printing and graphics also provide protection from pollution and moisture, giving this market an advantage.
Due to changes in the lifestyle and convenience of the customers in emerging economies across the world, the scenario has triggered the growth of the aerosol printing and graphics market. In addition, growth in the market for aerosol cans by consumers across the globe is a key factor making a positive impact on the growth of the market.
Although the aerosol printing and graphics market has numerous end-uses, numerous obstacles likely pose a challenge to market growth. The primary challenge faced by the aerosol printing and graphics market is due to fluctuations in the prices of printing ink materials market.
The environmentally hazardous nature of selenium, which is used in printers, and stringent government regulations restrain the growth of the market. Also, the availability of inkjet technology as its substitute is a major challenging factor to the growth of the market.
North America was the fastest growing market for the market, and the trend is expected to continue into the forecast period owing to the modern advancements in the field of printing industries in the region. According to FMI, North America accounted for 18% of the global market share in 2022.
The reason for the high demand is the presence of major key players in aerosol packaging in the United States. Key players such as Ball Corporation and others have strong footprints along with strong production capacity in the United States. For instance, in June 2022 - Based on the growing aluminum can demand worldwide, Ball Corporation expanded its operations in South America, landing in Peru with a new manufacturing plant in the city of Chilca. The operation will have a production capacity of over 1 billion beverage cans annually and will start in 2023.
Furthermore, rising disposable income and spending on healthcare products by individuals in the United States are the factors that lead to lifting the demand for pharmaceutical products that also include aerosol packaging.
Regional Market Comparison | Global Market Share in Percentage |
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North America | 18% |
Europe | 12% |
According to Future Market Insights, Europe accounts for a 12% share of the total global market in 2022. The rising demand for personal care and cosmetics products in Europe boosts the growth of the market in the region.
In Western Europe, France, Germany, and the UK are expected to be the utmost attractive market and would have considerable growth in the market over the forecast period. Eastern Europe is also estimated to have sizeable growth in Russia for the market.
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In terms of year-on-year growth, the said market share in the Asia Pacific region is the best performing portion as per the new market research report on the global market. Asia Pacific region is expected to account for a significant value share of the global market for aerosol printing and graphics, increase disposable income, and spending power among the customers in the region.
The aerosol printing and graphics market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the increase in disposable income and spending power of customers in the region. China, Japan, and India are the prominent countries of the aerosol printing and graphics market in Asia Pacific.
Casablanca Industries limited, United Aerosol, Printed Electronics Ltd., Eugen Packaging some of the start-up companies operating in aerosol printing and packaging market.
Some of the key participants present in the global aerosol printing and graphics market are Optomec Inc., Nofrill, AMFG, Ball Corp, Crown Cork and Seal Co Inc., Ardagh Group S.A., Montebello Packaging Inc., CCL Container (Hermitage), Inc., EXAL Corporation, etc. among others.
Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Ball Corp, Crown Cork and Seal Co Inc, Ardagh Group S.A account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 4.2% from 2023 to 2033 |
Expected Market Value (2023) | USD 414 million |
Anticipated Forecast Value (2033) | USD 624.7 million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Printing Technologies, Ink Type, End Use, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Profiled | United States, Canada, Mexico, Brazil, Argentina, Chile, Peru, Germany, Italy, United Kingdom, Spain, France, Nordic, Russia, BENELUX, Poland, China, Thailand, Malaysia, Indonesia, Australia, New Zealand, Japan, South Korea, GCC, South Africa, Turkey |
Key Companies Profiled | Ball Corp; Crown Cork and Seal Co Inc.; Ardagh Group S.A.; Montebello Packaging Inc.; CCL Container (Hermitage) Inc.; EXAL Corporation; Optomec Inc.; Nofrill; AMFG |
Customization | Available Upon Request |
The current market size of the aerosol printing and graphics industry is USD 414 million in 2023.
The aerosol printing and graphics market is anticipated to experience a CAGR of 4.2%, propelling it toward a valuation of USD 624.7 million by 2033.
North America commands the dominant position in the aerosol printing and graphics market, driven by its innovative packaging and branding demands.
Inkjet printing technology presently dominates the aerosol printing and graphics market, fueled by its versatility, precision, and high-resolution output.
Rising sustainability focus, adoption in promotional campaigns, and evolving customization trends are driving the aerosol printing and graphics market growth.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Printing Technologies 5.1. Inkjet 5.2. Electrographic 5.3. Offset 5.4. Flexographic 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Ink Type 6.1. Water-based 6.2. UV-based 6.3. Solvent-based 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 7.1. Food & Beverages 7.2. Pharmaceuticals 7.3. Automotive 7.4. Chemicals 7.5. Cosmetics & Personal Care 7.6. Homecare 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Ball Corp 18.2. Crown Cork & Seal Co Inc. 18.3. Ardagh Group S.A. 18.4. Montebello Packaging Inc. 18.5. CCL Container (Hermitage) Inc. 18.6. EXAL Corporation 18.7. Optomec Inc. 18.8. Nofrill 18.9. AMFG 18.10. The Valspar Corporation 19. Assumptions & Acronyms Used 20. Research Methodology
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