Global Aerosol Cans Market

Aerosol Cans Market Size, Share, Growth Analysis, By Material(Steel, aluminum and other materials), By End user(Personal Care, Automotive) - Industry Forecast 2024-2031


Report ID: SQMIG20I2190 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Aerosol Cans Market Insights

Aerosol Cans Market size was valued at USD 10.2 billion in 2021 and is poised to grow from USD 10.58 billion in 2022 to USD 14.15 billion by 2030, at a CAGR of 3.7% during the forecast period (2023-2030).

The Global Aerosol cans serve as pressurized containers designed to store fluidic substances under high pressure. They find extensive use in industrial applications such as painting, polishing, and lubrication.

Additionally, aerosol cans are widely employed in the packaging of household products like deodorants, hairsprays, and detergents. They also play a role in pest control and air improvement mechanisms. The global success of aerosol cans can be attributed to their user-friendly nature and convenience for consumers.

Furthermore, advancements in product development have allowed for customized shapes and branding capabilities, contributing significantly to the market. The rising focus on health, fitness, and personal appearance, particularly in Asian and Latin American countries, has led to increased usage of cosmetics and hair treatment products, many of which are packaged in aerosol cans. This factor has been a key driver for the growth of the aerosol cans market in recent years.

US Aerosol Cans Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 10.2 billion

Largest Segment

high-power

Growth Rate

3.7% CAGR

Global Aerosol Cans Market ($ Bn)
Country Share for North America Region (%)
Global Aerosol Cans Market By power output ($ Bn)

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Aerosol Cans Market Segmental Analysis

The global aerosol cans market is indeed segmented based on material, end-user, and geography. By material type, the market is segmented into steel, aluminum, and other material. By end-user applications, the market is segmented into personal care, automotive, household care, healthcare, and other end-user applications. By geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Aerosol Cans Market Analysis By Material

Among these, aluminum stands out as the largest segment, dominating the market with its widespread usage and remarkable properties. Aluminum aerosol cans have gained significant popularity in various industries due to their exceptional characteristics. They are lightweight, corrosion-resistant, and offer excellent barrier properties, ensuring product integrity and shelf life. These attributes make aluminum cans the preferred choice for packaging personal care products, household items, and food products.In terms of market size, the aluminum segment holds the largest share, accounting for a substantial portion of the global aerosol cans market. The demand for aluminum aerosol cans has been consistently growing, driven by the rising consumer preference for convenience, eco-friendly packaging, and the increasing use of personal care products worldwide.

Furthermore, the aluminum segment is projected to witness robust growth in the coming years, making it the fastest-growing segment within the aerosol cans market. The growth can be attributed to several factors. Firstly, the increasing demand for sustainable packaging solutions has led to a shift from traditional packaging materials to aluminum cans. Aluminum is highly recyclable, contributing to environmental conservation and meeting the growing consumer demand for eco-friendly products. Additionally, the expanding e-commerce sector, coupled with the surge in online retailing, has fueled the demand for lightweight and durable packaging materials. Aluminum cans offer the advantage of being easily transportable, reducing shipping costs and minimizing the risk of damage during transit. Considering these factors, it is evident that the aluminum segment of the aerosol cans market is not only the largest but also the fastest-growing segment. Its unique properties, sustainability advantages, and compatibility with a wide range of end-use applications have positioned it as a preferred choice for both manufacturers and consumers alike.

Aerosol Cans Market Analysis By End User

Among these segments, the personal care industry stands out as the largest and fastest-growing segment in the aerosol cans market.The personal care segment dominates the market due to the increasing demand for aerosol packaging in the cosmetics, skincare, and hair care sectors. With a growing emphasis on personal grooming and beauty products, consumers seek convenient and efficient packaging solutions. Aerosol cans offer precise and controlled dispensing, ensuring ease of use and extended product shelf life, making them a preferred choice for a wide range of personal care products.The personal care segment is projected to witness substantial growth in the coming years, driven by several factors. Firstly, the rising disposable income and changing lifestyle patterns have led to increased spending on personal care products. Consumers are seeking innovative and convenient packaging formats that enhance their personal care experience.

Additionally, the personal care industry is characterized by continuous product innovation and development. Companies are launching a variety of aerosol-based products such as deodorants, hair sprays, and body mists, among others, which require efficient aerosol packaging for optimal functionality and consumer satisfaction. Moreover, the personal care segment benefits from the expanding market potential in emerging economies, where there is a growing consumer base with increasing awareness and purchasing power. Countries in Asia Pacific, Latin America, and the Middle East are experiencing a surge in demand for personal care products, contributing to the overall growth of the aerosol cans market. Considering these factors, the personal care segment emerges as the largest and fastest-growing segment in the global aerosol cans market. The combination of consumer preferences for convenience, continuous product innovation, and the untapped market potential in emerging economies presents significant growth opportunities for manufacturers and industry players. By focusing on catering to the demands of the personal care industry through innovative packaging solutions and market strategies, companies can capitalize on the expanding market and solidify their position in the aerosol cans market.

Global Aerosol Cans Market By Type, 2023 (%)

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Aerosol Cans Market Regional Insights

Asia Pacific is the dominant region in the global aerosol cans market, driven by the rapid industrialization, urbanization, and a large consumer base. The region is witnessing increased demand for personal care, household care, and automotive products, all of which contribute to the growth of the aerosol cans market. Countries like China and India are leading the way, with their booming economies and rising disposable incomes. For instance, China is the world's largest consumer of personal care products and is witnessing significant growth in the aerosol cans market. In addition, India's expanding automotive industry and growing focus on personal grooming products are fueling the demand for aerosol cans in the region.

Latin America, on the other hand, is identified as the fastest-growing region in the global aerosol cans market. The region offers immense growth opportunities due to factors such as an expanding middle-class population, changing consumer preferences, and increasing urbanization. Countries like Brazil and Mexico are key contributors to the market growth in Latin America. Brazil, being the largest cosmetics market in the region, presents a lucrative opportunity for aerosol cans manufacturers. The country's population's inclination towards personal care and beauty products drives the demand for aerosol packaging. Similarly, Mexico's growing automotive industry and increasing demand for household care products contribute to the region's overall growth in the aerosol cans market.

Global Aerosol Cans Market By Geography, 2024-2031
  • Largest
  • Fastest

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Aerosol Cans Market Dynamics

Aerosol Cans Market Drivers

Growing Demand for Convenient Packaging

  • The increasing preference for convenient packaging solutions among consumers is a major driver of the aerosol cans market. Aerosol cans provide easy-to-use and portable packaging for a wide range of products, including personal care, household care, and automotive items. The convenience factor, coupled with features like precise dispensing and extended shelf life, drives the demand for aerosol cans.

Aerosol Cans Market Restraints

Environmental Concerns

  • While aerosol cans offer convenience and product protection, there are concerns regarding their environmental impact. The use of propellants and volatile organic compounds (VOCs) in some aerosol products raises environmental and health concerns. This has led to regulatory scrutiny and the need for alternative formulations and propellants, which can pose challenges for the market.

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Aerosol Cans Market Competitive Landscape

The global aerosol cans market features a highly competitive landscape, characterized by the presence of several prominent players striving for market dominance. These key players are engaged in intense competition through strategies such as product development, partnerships, mergers and acquisitions, and technological advancements. Some of the major contenders in the market, leveraging their strong R&D capabilities and extensive product portfolios. These players have established themselves as industry leaders by offering a wide range of fiber laser systems catering to diverse industrial applications. Additionally, the market is witnessing the entry of new players, further intensifying the competition. As the demand for fiber lasers continues to grow, competition among market players is expected to escalate, driving innovation and the development of more advanced and cost-effective fiber laser solutions. Market participants are also focusing on expanding their global presence, strengthening distribution networks, and enhancing customer relationships to gain a competitive edge.

Aerosol Cans Market Top Player’s Company Profiles

  • Ball Corporation (United States)
  • Crown Holdings, Inc. (United States)
  • Ardagh Group (Ireland)
  • CCL Industries Inc. (Canada)
  • Nampak Ltd. (South Africa)
  • Toyo Seikan Group Holdings, Ltd. (Japan)
  • Exal Corporation (United States)
  • Alucon Public Company Limited (Thailand)
  • Colep Portugal S.A. (Portugal)
  • BWAY Corporation (United States)
  • Jamestrong Packaging (Australia)
  • Montebello Packaging Inc. (Canada)
  • DS Containers, Inc. (United States)
  • Ball & Doggett (Australia)
  • TUBEX Holding GmbH (Germany)
  • China Aluminum Cans Holdings Limited (China)
  • Zenith Tins Pvt. Ltd. (India)
  • Sarten Ambalaj Sanayi Ve Ticaret A.S. (Turkey)
  • Nussbaum Matzingen AG (Switzerland)
  • Impress Group BV (Netherlands)

Aerosol Cans Market Recent Developments

  • In December 2022, Trivium Packaging agreed to provide financial support for the United Kingdom Aerosol recycling initiative, an initiative initiated by Alupro, a company specializing in the recycling of aluminum packaging. The primary objective of this initiative is to increase awareness and participation in aerosol recycling across the United Kingdom. The initiative adopts a three-phased approach that includes consumer education on best recycling practices, establishing a baseline recycling rate, and developing a roadmap to achieve higher rates of aerosol recycling.

Aerosol Cans Key Market Trends

  • One key market trend in the global aerosol cans market is the growing focus on sustainable packaging solutions. Sustainability has become a significant concern for both consumers and manufacturers across various industries, including personal care, household care, and automotive. As a result, there is a rising demand for eco-friendly and recyclable packaging options, including aerosol cans.

Aerosol Cans Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analyses, The global aerosol cans market is experiencing robust growth and is poised for a bright future. Manufacturers are actively investing in research and development to create sustainable aerosol can solutions. They are exploring alternative materials and propellants that have a reduced environmental impact. For instance, there is a shift towards using aluminum cans instead of steel cans due to aluminum's higher recyclability and lower carbon footprint. Aluminum cans are lightweight, which helps reduce transportation emissions and energy consumption.

Report Metric Details
Market size value in 2023 USD 10.2 billion
Market size value in 2031 USD 14.15 billion
Growth Rate 3.7%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Material
    • Steel, aluminum and other materials
  • End user
    • Personal Care, Automotive, Household Care, Healthcare, Other End-User
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Ball Corporation (United States)
  • Crown Holdings, Inc. (United States)
  • Ardagh Group (Ireland)
  • CCL Industries Inc. (Canada)
  • Nampak Ltd. (South Africa)
  • Toyo Seikan Group Holdings, Ltd. (Japan)
  • Exal Corporation (United States)
  • Alucon Public Company Limited (Thailand)
  • Colep Portugal S.A. (Portugal)
  • BWAY Corporation (United States)
  • Jamestrong Packaging (Australia)
  • Montebello Packaging Inc. (Canada)
  • DS Containers, Inc. (United States)
  • Ball & Doggett (Australia)
  • TUBEX Holding GmbH (Germany)
  • China Aluminum Cans Holdings Limited (China)
  • Zenith Tins Pvt. Ltd. (India)
  • Sarten Ambalaj Sanayi Ve Ticaret A.S. (Turkey)
  • Nussbaum Matzingen AG (Switzerland)
  • Impress Group BV (Netherlands)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Aerosol Cans Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Aerosol Cans Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Aerosol Cans Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aerosol Cans Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aerosol Cans Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Aerosol Cans Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Aerosol Cans Market size was valued at USD 10.2 billion in 2021 and is poised to grow from USD 10.58 billion in 2022 to USD 14.15 billion by 2030, at a CAGR of 3.7% during the forecast period (2023-2030).

The aerosol cans market features a highly competitive landscape, characterized by the presence of several prominent players striving for market dominance. These key players are engaged in intense competition through strategies such as product development, partnerships, mergers and acquisitions, and technological advancements. Some of the major contenders in the market, leveraging their strong R&D capabilities and extensive product portfolios. These players have established themselves as industry leaders by offering a wide range of fiber laser systems catering to diverse industrial applications. Additionally, the market is witnessing the entry of new players, further intensifying the competition. As the demand for fiber lasers continues to grow, competition among market players is expected to escalate, driving innovation and the development of more advanced and cost-effective fiber laser solutions. Market participants are also focusing on expanding their presence, strengthening distribution networks, and enhancing customer relationships to gain a competitive edge. 'Ball Corporation (United States)', 'Crown Holdings, Inc. (United States)', 'Ardagh Group (Ireland)', 'CCL Industries Inc. (Canada)', 'Nampak Ltd. (South Africa)', 'Toyo Seikan Group Holdings, Ltd. (Japan)', 'Exal Corporation (United States)', 'Alucon Public Company Limited (Thailand)', 'Colep Portugal S.A. (Portugal)', 'BWAY Corporation (United States)', 'Jamestrong Packaging (Australia)', 'Montebello Packaging Inc. (Canada)', 'DS Containers, Inc. (United States)', 'Ball & Doggett (Australia)', 'TUBEX Holding GmbH (Germany)', 'China Aluminum Cans Holdings Limited (China)', 'Zenith Tins Pvt. Ltd. (India)', 'Sarten Ambalaj Sanayi Ve Ticaret A.S. (Turkey)', 'Nussbaum Matzingen AG (Switzerland)', 'Impress Group BV (Netherlands)'

The increasing preference for convenient packaging solutions among consumers is a major driver of the aerosol cans market. Aerosol cans provide easy-to-use and portable packaging for a wide range of products, including personal care, household care, and automotive items. The convenience factor, coupled with features like precise dispensing and extended shelf life, drives the demand for aerosol cans.

One key market trend in the aerosol cans market is the growing focus on sustainable packaging solutions. Sustainability has become a significant concern for both consumers and manufacturers across various industries, including personal care, household care, and automotive. As a result, there is a rising demand for eco-friendly and recyclable packaging options, including aerosol cans.

Asia Pacific is the dominant region in the aerosol cans market, driven by the rapid industrialization, urbanization, and a large consumer base. The region is witnessing increased demand for personal care, household care, and automotive products, all of which contribute to the growth of the aerosol cans market. Countries like China and India are leading the way, with their booming economies and rising disposable incomes. For instance, China is the world's largest consumer of personal care products and is witnessing significant growth in the aerosol cans market. In addition, India's expanding automotive industry and growing focus on personal grooming products are fueling the demand for aerosol cans in the region.

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Global Aerosol Cans Market

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