The International Organisation of Aluminium Aerosol Container Manufacturers (Aerobal) reports that global shipments by its members increased by 5.5 per cent in the first half of 2022 to around three billion units.
The market growth was mainly due to rapidly increasing demand from the pharmaceutical, hairspray and household sectors, which grew by nine per cent, 34 per cent and 15 per cent respectively, compared to the previous year.
Demand from the volume-dominant deodorant and perfume market was also satisfactory, growing by 1.2 per cent. Overall, this end consumer market accounts for about 57 per cent of total deliveries.
Concerning the development of the different world regions, deliveries to the Australian/Asian region increased by 3.2 per cent, while shipments to the Middle East soared by about 28 per cent.
Demand from the EU 27 members, including UK, rose by roughly 11 per cent, while deliveries to the Americas also grew by 2.6 per cent. These two regions account for about 70 per cent of total shipments of Aerobal members.
“The global energy crisis, logistics bottlenecks and the lack of skilled workers are amongst the biggest worries of international aluminium aerosol can producers,” said Wan Tsang Lin, president of Aerobal.
“In many regions, energy and gas prices have recently skyrocketed and put can producers under great pressure. In addition, the industry is increasingly struggling to find skilled labour, which has become a strategically important factor for all companies to stay competitive in future.”
However, the aluminium aerosol can industry also holds an important ace up its sleeve because of the excellent sustainability credentials of aluminium.
“The material offers excellent properties such as good formability, lightness and unparalleled recyclability, which are relevant for improving the carbon footprint during transport, production and recycling, and thus contribute to resource efficient packaging solutions,” Lin added.
Despite the positive market development in the first half od 2022, aluminium aerosol can producers fear a possible recession in leading markets such as Europe, the Americas and Asia, which might put a damper on customers’ and consumers’ sentiments.
Moreover, inflation is curbing consumers’ buying power, which might also have a negative impact on the demand for fast moving consumer goods, such as body care products.
This could considerably impede can producers’ performance because these products account for about 80 per cent of Aerobal members’ shipments.
