India Aerosol Spray Market Size Likely to Surpass at a CAGR of 7.2% By 2033

As per the current market research conducted by the CMI Team, the India Aerosol Spray Market size is expected to record a CAGR of 7.2% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 6,759.1 Million. By 2033, the valuation is anticipated to reach USD 12,636.9 Million.

India Aerosol Spray Market: Growth Factors and Dynamics

• Rising Disposable Income: India’s growing middle class and increasing disposable income levels are driving consumer spending on convenience products like aerosol sprays for personal care, home care, and automotive maintenance.

• Urbanization and Changing Lifestyles: Rapid urbanization and changing lifestyles have led to a higher demand for convenience and time-saving products, boosting the adoption of aerosol sprays for various applications, including personal care, household cleaning, and automotive maintenance.

• Increasing Awareness of Hygiene and Cleanliness: Heightened awareness of hygiene and cleanliness, particularly in light of the COVID-19 pandemic, has propelled the demand for aerosol disinfectants, air fresheners, and other sanitizing products, especially in urban areas and commercial establishments.

• Innovation and Product Development: Continuous innovation in product formulations, packaging designs, and propellant technologies is driving market growth. Manufacturers are introducing eco-friendly propellants, new fragrance variants, and specialized aerosol products tailored to specific consumer needs and preferences.

• Expanding Retail Infrastructure: The expansion of organized retail chains, including supermarkets, hypermarkets, and online retail platforms, is improving product accessibility and visibility, thereby stimulating market growth. These retail channels offer a wide range of aerosol products and cater to diverse consumer segments across urban and rural areas.

• Government Regulations and Environmental Concerns: Increasing government regulations about aerosol product safety, labeling, and environmental sustainability are influencing market dynamics. Manufacturers are investing in research and development to comply with regulatory standards and address environmental concerns by developing eco-friendly formulations and propellants.

• Increasing Demand for Personal Care Products: The growing emphasis on personal grooming and appearance among Indian consumers is fueling the demand for aerosol sprays such as deodorants, hair styling products, and skincare items. Manufacturers are leveraging this trend by introducing innovative and value-added products tailored to diverse consumer preferences and lifestyles.

• Expansion of Industrial and Automotive Sectors: The expansion of industrial and automotive sectors in India is driving the demand for aerosol sprays used in lubrication, corrosion protection, cleaning, and maintenance applications. Additionally, the adoption of advanced manufacturing processes and technologies is increasing the requirement for specialized aerosol products, contributing to market growth in these segments.

India Aerosol Spray Market: Partnership and Acquisitions

• In 2023, Colep Packaging and Envases Group agreed to form a joint venture to build an aerosol packaging plant in Mexico. The plant will house three aluminum aerosol lines, catering to customers in Mexico and the Central American market.

• In 2022, Ball Corporation globally launched its most sustainable aluminum aerosol can, boasting half the carbon footprint of a standard can. This initiative aligns with Ball’s goal to achieve its 2030 science-based targets and attain net-zero emissions before 2050.

Report Scope

India Aerosol Spray Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the India Aerosol Spray Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Disruption in Supply Chains: COVID-19 led to disruptions in global and domestic supply chains, affecting the availability of raw materials and packaging components required for aerosol spray production in India.

• Shift in Consumer Priorities: During the pandemic, there was a shift in consumer priorities towards essential items like sanitizers and disinfectants, leading to a temporary decline in demand for certain aerosol spray products such as air fresheners and personal care items.

• Rebound in Consumer Spending: With the gradual easing of lockdown restrictions and improvement in economic conditions, there is expected to be a rebound in consumer spending, including on non-essential items like aerosol sprays for personal care and home care purposes.

• Focus on Hygiene and Sanitation: The heightened awareness of hygiene and sanitation due to the pandemic is expected to persist, driving sustained demand for aerosol disinfectants, air fresheners, and other sanitizing products in India.

• Innovative Product Offerings: Manufacturers may focus on introducing innovative product formulations and packaging designs to address evolving consumer preferences and capitalize on emerging trends in the post-pandemic era.

• Expansion of Distribution Channels: The recovery phase may witness an expansion of distribution channels, including online retail platforms and doorstep delivery services, to enhance accessibility and reach a wider consumer base across urban and rural areas.

• Adoption of Safety Measures: To rebuild consumer trust and confidence, manufacturers and retailers may prioritize implementing safety measures such as stringent quality control standards, transparent labeling, and adherence to regulatory guidelines for aerosol spray products.

The Asia-Pacific region is poised for robust growth in aerosol demand, fueled by rising demand for personal care products, growing investments in the medical sector, and expanding automotive production. These factors underscore the region’s dynamic market potential.

In conclusion, the COVID-19 pandemic has had a mixed impact on the India Aerosol Spray Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the India Aerosol Spray Market:

• Dabur India Ltd.
• Reckitt Benckiser Group plc
• Godrej Consumer Products Limited
• Hindustan Unilever Limited (HUL)
• Marico Limited
• SC Johnson & Son Inc.
• Jyothy Laboratories Ltd.
• CavinKare Pvt. Ltd.
• Procter & Gamble Company (P&G)
• ITC Limited
• Park Avenue (JK Helene Curtis Limited)
• McBride plc
• Midas Care Pharmaceuticals Pvt. Ltd.
• Herbal Strategi
• Usha Aerosol Products Pvt. Ltd.
• Others

The India Aerosol Spray Market is segmented as follows:

By Material

• Steel
• Aluminum
• Others

By Propellant Type

• Liquefied Gas Propellants
• Compressed Gas Propellants
• Others

By Application

• Home Care
• Personal Care and Beauty
• Automotive
• Industrial
• Food and Beverage
• Healthcare
• Others

By Distribution Channel

• Retail Stores
• Online Retail
• Specialty Stores
• Convenience Stores
• Others