Production breaks the 6 billion can mark
After a dip in sales in 2009, demand for aluminium aerosol cans rose by almost 11% in 2010, according to the International Organisation of Aluminium Aerosol Container Manufacturers (AEROBAL), breaking the 6 billion-can barrier.
Demand for aluminium aerosol cans was particularly high in Europe, up 13% from the previous year, while double digit growth was also recorded in South America. Growth rates in Asia, which was one of the most dynamic markets in 2009, only managed single figure growth.
AEROBAL says the sustained growth is mainly attributable to dynamic growth in the cosmetics market, which accounted for 80% of the total production of aluminium aerosol cans in 2010. Cans with embossed motifs and printed designs have been particularly popular.
“There was a further marked increase in order income in the first two months of 2011 so that production capacity utilisation will be very satisfactory until summer,” commented AEROBAL president, Florian Nussbaum. “The sharp increases in the prices of raw materials such as printing inks and lacquers, which are squeezing margins, are the sector’s only downside. Despite this, the industry is looking forward to 2011 with a great deal of confidence.”