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Steady Growth Predicted in China’s Aerosol Industry

Date:17-12-2013

The aerosol industry in China has recovered from the global economic recession and has witnessed a positive growth since 2010. The global aerosol industry too has grown steadily in the past couple of years. The global output volume of aerosol products was 14.4 billion cans in 2012 and it is estimated that by the end of 2017 the figure will rise to 16 billion cans. China has emerged as the most important aerosol producer and consumer in the world. It is estimated that by 2017, the share of China’s aerosol output volume in the world will increase by 18.8%.

Aerosol Market Outlook in China
The aerosol industry in China started quite late in the early 80s. However, the industry developed quite rapidly. In the mid 80s the aerosol output volume in China was only 30 million cans while the output volume in 2000 was a staggering 560 million cans. In 2012, the output volume of aerosols in China reached 1.61 billion cans and China is now one of the largest producers of aerosols in the world. Although the output volume of aerosols in high, the per capita consumption of aerosols is quite low in China compared to most developing countries. The annual consumption per capita of aerosol in China was 1.19 cans in 2012. Globally, the annual consumption per capita of aerosol is 2 cans. This shows that there is tremendous scope for growth in the market.

The aerosol market in China can be segmented into seven basic categories according to product type. These are household aerosol, insecticide aerosol, personal-care aerosol, medical aerosol, paint aerosol, food aerosol and auto-care aerosol. Currently, paint and insecticide aerosols are the top two products in China’s aerosol market. With rapid development in the economy and rise in disposable income the market for personal-care and household aerosols are also increasing in China. Globally, the demand for household aerosol products and personal-care aerosol products is the highest. In the coming years, the market for auto-care aerosols is also predicted to increase in China with change in lifestyle and development in national economy.

In China, the annual output volume of aerosol is estimated to reach 3.15 billion cans by 2017. With consumers awareness about aerosol products and change in people’s spending habits; the market for aerosols in China is predicted to flourish.

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