Australia Aerosol Market Outlook -2032
The Australia aerosol market was valued at $168.1 million in 2022, and is projected to reach $232.6 million by 2032, registering a CAGR of 3.4% from 2023 to 2032. Aerosols are colloidal systems of solid or liquid particles dispersed in a gas. In the atmosphere, they exist as fine particulate matter, encompassing a wide range of sizes from nanometers to micrometers. These particles can be emitted directly into the air or formed through the transformation of gaseous pollutants. The composition of aerosols varies and includes mineral dust, sea salt, organic compounds, and soot.
Australia's industrial landscape relies on aerosols for a range of applications. Aerosol sprays are commonly used for coating, painting, and finishing products. The convenience of aerosol dispensers, allowing precise and controlled application, has made them indispensable in industries such as automotive, furniture, and construction. The use of aerosols in these sectors contributes to efficient production processes and high-quality finishes.
Aerosols play a crucial role in the health sector, particularly in pharmaceuticals and medical treatments. One prominent application is in inhalers, widely used for respiratory conditions. These devices deliver medications in aerosolized form, with fine particles ensuring effective drug delivery to the lungs. This is especially beneficial for patients with conditions like asthma and chronic obstructive pulmonary disease (COPD). Aerosol-based technologies are integral to medical technology. The development of vaccines often involves the use of aerosolized formulations for efficient administration.
Moreover, in laboratories throughout Australia, researchers utilize aerosol generators to study the behaviour of airborne pathogens. This research significantly contributes to the understanding of infectious diseases and transmission dynamics.
Australia has a robust regulatory framework governing the use of aerosols to ensure consumer safety and environmental protection. Regulatory bodies such as the Australian Pesticides and Veterinary Medicines Authority (APVMA) and the Therapeutic Goods Administration (TGA) oversee aspects related to pesticide use and pharmaceutical applications, respectively. Compliance with these regulations is crucial for businesses involved in the manufacturing and distribution of aerosol products.
Rise in the use of aerosol in the industrial and automotive industry drives the growth of the Australia aerosol market. The use of aerosols in Australia's industrial and automotive sectors has surged due to factors such as technological advancements, increased demand for specialized products, and a focus on sustainability. Aerosol dispensers offer a convenient and controlled method for applying coatings, lubricants, and chemicals, enhancing manufacturing processes in the automotive industry. In the industrial sector, aerosols are widely used for tasks such as cleaning, lubrication, corrosion protection, and surface treatment. The mining industry relies on aerosol lubricants for heavy machinery maintenance in challenging terrains, reflecting their niche applications in addressing Australia's diverse geography.
The demand for aerosol products in marking paints and metal protection has been growing in Australia.
Aerosol-based paints offer convenience, ease of application, and precise coverage, making them popular in various industries. In the metal protection sector, aerosol coatings are growing in popularity for tasks such as corrosion prevention, rust protection, and general surface finishing.
These coatings provide a uniform layer, ensuring thorough coverage and protection for metal surfaces. In marking paints, the precision offered by aerosols is crucial for applications such as road markings, parking lots, construction sites, and sports fields. The ability to create sharp, well-defined lines contributes to the increased adoption of aerosol-based marking solutions. Metal protection coatings play a crucial role in preventing corrosion and prolonging the life of metal surfaces.
Aerosol coatings offer a consistent layer, ensuring thorough coverage and effective defense against environmental factors like moisture and UV radiation. Health and safety concerns related to aerosol restrains the market growth of Australia aerosol market. Aerosol products pose health concerns primarily due to inhalation exposure to harmful chemicals, including propellants and volatile organic compounds (VOCs). These can lead to respiratory issues, worsen existing conditions, or cause allergic reactions. Some propellants like chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) are associated with ozone depletion, prompting international efforts to phase them out, as seen in the Montreal Protocol. In Australia, strict regulations overseen by entities like the Australian Competition and Consumer Commission (ACCC) ensure consumer safety through thorough testing.
The Australia aerosol market is segmented into application, sales channel, and product type. On the basis of application, the market is classified into marking paints, metal protection, cleaners and lubricants, packaging, mining paints, automotive paints, markers and pens, and others. As per sales channel, the market is bifurcated into B2B and B2C. Depending on product type, the market is categorized into cans and containers.
Australia Aerosols Market, by Type
By type, Standard PCO segment dominated the Australia Aerosol market in 2022. Vietnam has a growing beverage industry, and PET preforms are a critical component of this sector due to their lightweight, durability, and ease of recycling. These preforms are typically made from PET resin through injection moulding processes. They are then heated and stretched to form the final PET bottle.
Australia Aerosol Market, by Application
On the basis of application, the others segment including cosmetics, personal care, household, food, and others dominated the Australia aerosol market accounted for more than half of the market share in 2022. In cosmetics and personal care, aerosol products are commonly employed for their convenience and precision in application. Products such as hairsprays, deodorants, and shaving foams are often packaged as aerosols, allowing for controlled dispensing and efficient coverage. In the household sector, aerosols play a crucial role in various cleaning and maintenance products. Air fresheners, furniture polishes, and insect repellents are just a few examples of household items that leverage aerosol technology. The pressurized containers enable users to deliver a fine mist or foam, facilitating even distribution and effective use of the product.
By Application
Others is projected as the most lucrative segment.
Australia Aerosol Market, by Sales Channel
On the basis of sales channel, the business to business (B2B) segment dominated the Australia aerosol market accounted for more than half of the market share growing with the CAGR of 3.2% in 2022. Aerosol usage in the business-to-business (B2B) sector encompasses a wide range of industries and applications.
By Sales Channel
B2B is projected as the most lucrative segment.
Australia Aerosol Market, by Product Type
On the basis of product type, the cans segment dominated the Australia aerosol market accounted for more than half of the market share representing the CAGR of 3.5% in 2022. The household maintenance products often utilize aerosol technology. Cleaning agents, lubricants, and insect repellents are commonly found in aerosol cans, allowing for precise and targeted distribution. The pressurized nature of aerosol cans enables these products to be dispensed evenly, reaching difficult-to-access areas and providing users with an effective means of application.
By Product Type
Cans is projected as the most lucrative segment.
Major players operating in the Australia aerosol market includes Balchan (MMP Industrial), Chemron Australia Pty Ltd., Chemtools, Dulux, Dymark, Galmet (ITW Polymers and Fluids), Lacnam, Molytec, OX Tools AU Pty Ltd., and UltraColor Products. These players adopted several growth strategies such as product launch and collaboration to strengthen their position in the market.
KEY BENEFITS FOR STAKEHOLDERS
- The report includes in-depth analysis of different segments and provides market estimations between 2022 and 2032.
- A comprehensive analysis of the factors that drive and restrict the growth of the Australia Aerosol market is provided.
- Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
- Estimations and forecast are based on factors impacting the Australia Aerosol market growth, in terms of value.
- Key market players are profiled to gain an understanding of the strategies adopted by them.
- This report provides a detailed analysis of the current Australia Aerosol market trends and future estimations from 2022 to 2032, which help identify the prevailing market opportunities.
Australia Aerosol Market Report Highlights
Aspects | Details |
By Application |
|
By Sales Channel |
|
By Product Type |
|
Key Market Players | Chemron Australia Pty Ltd., UltraColor Products., Dymark, Galmet (ITW Polymers and Fluids), Molytec, Balchan (MMP Industrial), Lacnam, OX Tools AU Pty Ltd., Chemtools, Dulux |
Analyst Review
The development of aerosol recycling in Australia and the advancements in aerosol packaging technologies are the key factors boosting the Australia aerosol market growth.
The Australia aerosol market was valued at $168.1 million in 2022, and is projected to reach $232.6 million by 2032, registering a CAGR of 3.4% from 2023 to 2032.
Major players operating in the Australia aerosol market includes Balchan (MMP Industrial), Chemron Australia Pty Ltd., Chemtools, Dulux, Dymark, Galmet (ITW Polymers and Fluids), Lacnam, Molytec, OX Tools AU Pty Ltd., and UltraColor Products. These players adopted several growth strategies such as product launch and collaboration to strengthen their position in the market. Hon Chuan Vietnam, Indorama Ventures Public Company Limited, Living Fountain Plastic Industrial Co., Ltd., Minh H?ng Group, SriThaiVietnam, Thanh Nghia PET Packaging Joint Stock Company, and Vinh Tai Plastic Production Trading Company Limited.
Rise in the use of aerosol in the industrial and automotive industry and increase in demand for aerosol in medical applications are the main drivers of Australia aerosol market
The Australia aerosol market is segmented into application, sales channel, and product type. On the basis of application, the market is classified into marking paints, metal protection, cleaners and lubricants, packaging, mining paints, automotive paints, markers and pens, and others. As per sales channel, the market is bifurcated into B2B and B2C. Depending on product type, the market is categorized into cans and containers.
Health and safety concerns for aerosol is the restraint factor of Australia aerosol market
Can is the dominating segment based by product type.
Loading Table Of Content...