| Product Code: ETC4483705 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India aerosol propellant market import shipment demonstrated robust growth from 2020 to 2024, with a strong CAGR of 18.7%. Notably, there was a significant acceleration in growth between 2023 and 2024, with a growth rate of 29.5%. The market expanded steadily, showing increasing momentum over the period.
Aerosol propellants are used in a wide range of products, including personal care items, household products, and pharmaceuticals. The India aerosol propellant market has seen growth in tandem with the expansion of the consumer goods and pharmaceutical sectors. The convenience and ease of use offered by aerosol products have contributed to their popularity. As India consumer base continues to expand, the market for aerosol propellants is expected to grow, reflecting the demand for aerosol-based products.
The aerosol propellant market in India is primarily influenced by the personal care and household products sectors. Aerosol propellants are essential in the packaging of deodorants, air fresheners, and other consumer products. As consumer preferences shift towards convenience and efficient product delivery, the demand for aerosol propellants continues to grow.
The aerosol propellant market in India faces challenges such as the need to meet strict safety and environmental regulations. The market must adapt to changing regulations regarding the use of hydrocarbons and other propellants that have an impact on global warming potential. Developing eco-friendly, non-flammable propellants is a challenge. Furthermore, ensuring product compatibility with various aerosol formulations and addressing market demand for innovative packaging and dispensing solutions add complexity to the industry.
The India Aerosol Propellant market faced disruptions during the pandemic, primarily due to reduced demand for aerosol products. As consumer preferences and safety concerns evolve, the market is expected to adapt and recover.
In the aerosol propellant market, key players such as Bayer AG, AkzoNobel NV, Procter & Gamble, Henkel AG & Co. KGaA, and Gujarat Fluorochemicals Ltd. dominate the India landscape. These companies are known for their varied propellant solutions catering to personal care, household, and industrial applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aerosol Propellant Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aerosol Propellant Market Revenues & Volume, 2021 & 2031F |
3.3 India Aerosol Propellant Market - Industry Life Cycle |
3.4 India Aerosol Propellant Market - Porter's Five Forces |
3.5 India Aerosol Propellant Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aerosol Propellant Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aerosol Propellant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for personal care and household products using aerosol propellants |
4.2.2 Growth in the pharmaceutical industry leading to higher demand for aerosol-based medications |
4.2.3 Rising disposable income and changing lifestyle preferences driving the demand for aerosol products |
4.3 Market Restraints |
4.3.1 Environmental concerns regarding the use of aerosol propellants and their impact on the ozone layer |
4.3.2 Stringent regulations and policies surrounding the production and usage of aerosol propellants |
4.3.3 Fluctuating raw material prices affecting the overall production cost |
5 India Aerosol Propellant Market Trends |
6 India Aerosol Propellant Market, By Types |
6.1 India Aerosol Propellant Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aerosol Propellant Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Aerosol Propellant Market Revenues & Volume, By DME, 2021-2031F |
6.1.4 India Aerosol Propellant Market Revenues & Volume, By HFC, 2021-2031F |
6.1.5 India Aerosol Propellant Market Revenues & Volume, By HFO, 2021-2031F |
6.1.6 India Aerosol Propellant Market Revenues & Volume, By Other Hydrocarbons, 2021-2031F |
6.1.7 India Aerosol Propellant Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Aerosol Propellant Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aerosol Propellant Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 India Aerosol Propellant Market Revenues & Volume, By Household, 2021-2031F |
6.2.4 India Aerosol Propellant Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 India Aerosol Propellant Market Revenues & Volume, By Others, 2021-2031F |
7 India Aerosol Propellant Market Import-Export Trade Statistics |
7.1 India Aerosol Propellant Market Export to Major Countries |
7.2 India Aerosol Propellant Market Imports from Major Countries |
8 India Aerosol Propellant Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly propellants in aerosol products |
8.2 Research and development investment in finding sustainable alternatives for aerosol propellants |
8.3 Number of new product launches with innovative aerosol technology |
8.4 Consumer awareness and acceptance of aerosol products with improved safety features |
8.5 Growth in the market for refillable aerosol containers |
9 India Aerosol Propellant Market - Opportunity Assessment |
9.1 India Aerosol Propellant Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aerosol Propellant Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aerosol Propellant Market - Competitive Landscape |
10.1 India Aerosol Propellant Market Revenue Share, By Companies, 2024 |
10.2 India Aerosol Propellant Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |