Global Australia Aerosol Market Expected to Reach $232.6 Million by 2032

According to a new report published by Allied Market Research titled, “Australia Aerosol Market by Application, Sales Channel, and Product Type: Global Opportunity Analysis and Industry Forecast, 2022–2032.”

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.

million by 2032, growing at a CAGR of 3.4% from 2023 to 2032.

Aerosols refer to a suspension of fine solid particles or liquid droplets in the air or another gas. These particles, often minute, can remain suspended for extended periods. The term encompasses a wide range of products, from household items such as spray deodorants and cleaning agents to industrial applications such as agricultural pesticides and paints.

The packaging of aerosol products provides airtight and sealed containers, preventing contamination and extending the shelf life of the contents. This is particularly advantageous for products such as paints, adhesives, and certain pharmaceuticals. Aerosols often result in less product wastage compared to traditional forms of packaging. The controlled release mechanism allows users to dispense only the required amount, minimizing excess and promoting sustainability. The packaging of aerosol products provides airtight and sealed containers, preventing contamination and extending the shelf life of the contents. This is particularly advantageous for products such as paints, adhesives, and certain pharmaceuticals.

Australia's consumer market has witnessed a growing trend towards eco-friendly and sustainable products. Consequently, manufacturers and distributors are adapting aerosol formulations to align with these preferences, tailoring products to meet the evolving demands of consumers for convenience, ease of use, and eco-friendly options. Propellant-free aerosols, as well as those using more environmentally friendly propellants, are gaining traction among environmentally conscious consumers.

Australia's outdoor-oriented lifestyle has led to innovative uses of aerosols in sports and recreation. Aerosolized products such as sunscreen and insect repellents are designed for easy and quick application, catering to the preferences of those engaged in outdoor activities such as surfing, hiking, and camping. Aerosolized fire retardants are sometimes incorporated into modern fire management strategies, aligning traditional knowledge with contemporary firefighting techniques.

Australia's involvement in space research and satellite launches has led to the development of aerosol-based propulsion systems. These advanced aerosol technologies are explored for satellite propulsion, showcasing Australia's contribution to space exploration through innovative applications of aerosols.

Australia's renowned wine industry utilizes aerosols in vineyard management. Aerosolized substances are employed for tasks such as pest control and fertilization, contributing to the health and productivity of vineyards. This application showcases the integration of aerosol technology in agriculture beyond traditional crops. Australia's marine research community plays a vital role in advancing oceanographic studies by employing aerosols. These aerosolized tracers and markers serve as valuable tools for investigating ocean currents, nutrient cycles, and the effects of human activities on marine ecosystems.

Aerosol degreasers are commonly used to remove grease, oil, and other contaminants from machinery, equipment, and surfaces. Aerosol cleaners are effective for general surface cleaning, including the removal of dirt, grime, and residues. The spray nozzle provides a controlled application, making it suitable for a variety of surfaces. Aerosol lubricants are widely used for lubricating machinery and equipment in mining operations. They offer precise application and are effective in hard-to-reach areas. In mining applications, aerosol coatings play a significant role in providing protective layers to equipment and structures.

Aerosol coatings containing corrosion inhibitors are applied to mining equipment exposed to corrosive environments. These coatings create a protective barrier, preventing corrosion and extending the lifespan of machinery.

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.

On the basis of application, metal protection was the fastest-growing segment of the Australia aerosol market in 2022. Aerosol usage in metal protection is a common and effective method employed across various industries to safeguard metal surfaces from corrosion and degradation. Aerosol-based metal protection products often contain corrosion inhibitors, which form a protective barrier on the metal surface. These inhibitors work by preventing the contact of the metal with moisture and oxygen, key factors that contribute to the corrosion process.

On the basis of sales channel, business to customer (B2C) was the fastest-growing segment of the Australia aerosol market in 2022. Aerosol usage in the business-to-consumer (B2C) sector in Australia encompasses a wide range of products and applications. Aerosols play a significant role in the household industry, offering convenient and efficient solutions in cleaning products. Due to this Australia aerosol market is growing with the CAGR of 3.7% of CAGR. On the basis of product type, the can segment was the fastest-growing segment of the Australia aerosol market in 2022. Aerosol usage in cans is a common practice in various industries in Australia, spanning from personal care products to household items and automotive applications. These pressurized containers, known for their convenience and ease of use, are widely employed to dispense a variety of substances in a spray form.

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.

KEY FINDINGS OF THE STUDY:

• On the basis of application, the other segment including cosmetics, personal care, household, food, and others registered the highest market share of around half of the share and is projected to maintain the same during the forecast period
• On the basis of sales channel, B2B, registered the highest market share accounting for nearly half of the market share in 2022.
• Based on product type, can dominated the market accounting for more than half of the market share representing for 3.5% of CAGR to the market.