0
New
New
2022
Packaging Coatings Market

Packaging Coatings Market

by Application (Food Cans, Beverage Cans, Caps & Closures, Aerosols & Tubes, Industrial Packaging, Promotional Packaging, and Specialty Packaging)), Type (Epoxy Thermoset, Urethane, UV-Curable, BPA Free, and Soft Touch UV-Curable & Urethane), End-user(Food & Beverages, Cosmetics, Pharmaceuticals, Consumer Electronics, and Automotive Components), Substrate (Metal, Rigid Plastic, Glass, Liquid Cartoons, Paper-based Containers, Flexible Packaging, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

✷  Report Code: A01700
Pages: 225
May 2022 | 15587 Views
Author(s) : Mamta Shivdasani, Arpita Kumari , Eswara Prasad
Tables: 176
Charts: 80
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Packaging Coatings Market

Request Now !

Packaging Coatings Market Outlook - 2021–2030

The global packaging coatings market size was valued at $3.2 billion in 2020 and is projected to reach $4.9 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

Statement for COVID-19 banner: Emergence of COVID-19 pandemic had a moderate impact on the growth of the global packaging coatings market. This impact is primarily attributed to significant disruptions in the raw material transportation and shutdown of the manufacturing and end-use industries such as food & beverages and consumer goods, hence resulting in decline in demand for packaging coatings during this period.

Packaging coatings are the coatings, which are used for protection, performance, and decoration purposes for plastic tubes, metal cans, or any other substrate used in packaging. These coatings offer aesthetic appeal to myriad products related to consumer goods, healthcare, personal care, chemicals, food & beverages, and other industries. These provide corrosion protection, chemical resistance, attractive appearance, and protection against different environmental factors. The growth of the e-commerce industry and increased demand for flexible packaging from consumer goods industry are the crucial factors that drive the packaging coatings market growth. Furthermore, the rise in demand for canned food & beverages across the globe has bolstered the demand for packaging coatings. Moreover, upsurge in demand for environment-friendly packaging coatings offers opportunities to the market players. However, stringent government rules & regulations and harmful VOC emissions during the production process hinder the growth of the global packaging coatings market.

The packaging coatings market is segmented on the basis of application, type, end user, substrate and region. 

On the basis of application, the market is segmented into food cans, beverage cans, caps & closures, aerosols & tubes, industrial packaging, promotional packaging and specialty packaging. Based on type, the market is segmented into epoxy thermoset, urethane, UV-Curable, BPA Free and soft touch UV-curable &urethane. Depending on end-user, the market is categorized into food & beverages, cosmetics, pharmaceuticals, consumer electronics and automotive components. On the basis of substrate, the market is categorized into metal, rigid plastic, glass, liquid cartoons, paper based containers, flexible packaging and others. By region, the packaging coatings market is analysed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the dominating region in terms of demand for packaging coatings, and is expected to maintain its dominance over the projection period. The high adoption of packaging coatings products in the region owing to growing demand for packaging coatings in the packaged food & beverage and consumer goods segments is anticipated to continue to bolster the packaging coatings market size.

The key players profiled in the report include AKZO NOBEL N.V; AXALTA COATING SYSTEMS; BASF SE; Eastman Chemical Company; KEMIRA; PPG INDUSTRIES, INC.; Sun Coating Company; THE LUBRIZOL CORPORATION; THE SHERWIN-WILLIAMS COMPANY; and WACKER CHEMIE AG.

The other companies operating in the packaging coatings industry include ALTANA, Brancher, ColorMatrix, CROMOS TINTAS GRAFICAS, Dainichiseika Color & Chemicals Manufacturing, DIC, EncresDubuit, Environmental Inks and Coatings, Kansai Paint, Nippon Paint, Sakata, SiegwerkDruckfarben, T&K TOKA, Toyo Ink, WikoffColor, and others. These companies compete for the share of the market through product launch, joint venture, partnership, and expansion of the production capabilities to meet the future demand for the packaging coatings market during the forecast period.

Packaging Coatings Market, by Region

Asia-Pacific dominates the packaging coatings market and consists of countries, such as China, India, Japan, and rest of Asia-Pacific. The developing nations in the region are predicted to witness a steady growth rate, owing to surge in growth of the overall economy. The rise in need for decorative as well as attractive packaging has led to an upsurge in the demand for packaging coatings in the region. Furthermore, rise in investments by key manufacturers is another crucial factor that propels the market growth. Consequently, these factors are expected to have a positive influence on the growth of the packaging coatings market.

Packaging Coatings Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is projected to create abundant $ opportunity till 2030

Get more information on this report : Request Sample Pages

Packaging Coatings Market, by Application

The food can segment dominates the global packaging coatings market. The food cans play a vital role in beverage industry, which enhances their shelf life and protect lids from corrosion in bottles and jars. These factors bolster the demand for epoxy coatings during the forecast period

Packaging Coatings Market
By Application

Your browser does not support the canvas element.

Food Cans is projected to create abundant $ opportunity till 2030

Get more information on this report : Request Sample Pages

Packaging Coatings Market, by Type

The epoxy thermoset segment dominates the global packaging coatings market. The epoxy coatings on food and beverage containers enhance their shelf life and protect lids from corrosion in bottles and jars. These factors bolster the demand for epoxy coatings during the forecast period.

Packaging Coatings Market
By Type

Your browser does not support the canvas element.

Epoxy Thermoset segment is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Packaging Coatings Market, by End-user

Food & Beverages segment holds the highest share owing to the increased consumption of beverages and packaging coatings protect beverages from getting contaminated by reacting with the metal.

Packaging Coatings Market
By End-user

Your browser does not support the canvas element.

Food & Beverages is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Packaging Coatings Market, by Substrate

The flexible packaging segment dominates the global packaging coatings market on account of the strength, flexibility, and durability of coatings. They are water-resistant, abrasion-resistant, and are also readily heat-sealed, making them ideal for single-use disposable food packaging.

Packaging Coatings Market
By Substrate

Your browser does not support the canvas element.

Flexible Packaging is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

COVID-19 Analysis

The COVID-19 pandemic has negatively affected the overall market and supply chain. Disruption of the supply and demand for raw materials due to lockdowns and stringent government laws limited production, consequently negatively impacting production facilities worldwide. Moreover, food & beverage and consumer goods industries which are the major end-users of packaging coatings are witnessing substantially decreased consumption and disrupted supply chains. However, the vaccination programs and lifting of lockdowns are expected to propel the packaging coatings market growth during the coming years. 

Key benefits for stakeholders

  • This report provides a detailed quantitative analysis of the current packaging coatings market trends and estimations from 2020 to 2030, which assists to identify the prevailing opportunities. 
  • An in-depth analysis of packaging coatings market across the globe is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate specific plans.
  • A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
  • Region-wise and country-wise market conditions are comprehensively analyzed in this report.
  • The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030 in terms of value.
  • An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
  • Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the global packaging coatings market.

Packaging Coatings Market Report Highlights

Aspects Details
By Application Type
  • Food Cans
  • Beverage Cans
  • Caps & Closures
  • Aerosols & Tubes
  • Industrial Packaging
  • Promotional Packaging
  • Specialty Packaging
By Type
  • Epoxy Thermoset
  • Urethane
  • UV-Curable
  • BPA Free
  • Soft Touch UV-Curable & Urethane
By End User
  • Food & Beverages
  • Cosmetics
  • Pharmaceuticals
  • Consumer Electronics
  • Automotive Components
By Substrate
  • Metal
  • Rigid Plastic
  • Glass
  • Liquid Cartoons
  • Paper based Containers
  • Flexible Packaging
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Rest of Asia Pacific)
  • LAMEA  (Brazil, Turkey, South Africa, Rest of LAMEA)
 

Loading Table Of Content...


 
 

Growth of the food & beverage industry, increase in demand for flexible packaging coatings, and surgein the consumption &production of PET bottles are some of the key factors that drive the growth of the packaging coatings market. The use of packaging coatings witnessed quite a notable growth in the past years, owing to its enhanced adhesion, product protection, durability, flexibility, and resistance properties. In addition, packaging coatings help enhance the overall aesthetic characteristics of the packaging form.

Furthermore, growth in inclination toward modern lifestyle and change in food habits among the population in developed and several developing economies boost the demand for packaging coatings in various applications including food cans, beverage cans, caps & closures, aerosols & tubes, industrial packaging & specialty packaging, and others. The surge in demand for environment-friendly packaging coatings is anticipated to provide ample opportunities for the global packaging coatings market growth over the projection period.

Asia-Pacific dominated the regional market for the packaging coatings market owing to increase in demand from food & beverages, personal care, and healthcare industries. Moreover, rise in food production coupled with the development of food cans in the region, owing to benefits of food cans, such as food protection and durability bolster the demand for packaging coatings. Rise in demand from emerging countries such as China and India, continuous advancements in the packaging sector, and continuous R&D activities to produce sustainable & more effective packaging coatings are the other key factors that drive the packaging coatings market in the region.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. Rise in demand for flexible packaging coatings, Upsurge growth in food & beverage industry are the major driving factor for the market. In addition, Rapid expansion of packaging industry may create lucrative opportunities for the market.

A. Agreement, business expansion and product launch are the key growth strategy of global Packaging coatings market players.

A. Asia-Pacific will provide more business opportunities for global Packaging coatings in future

A. AKZO NOBEL N.V; AXALTA COATING SYSTEMS; BASF SE; Eastman Chemical Company; KEMIRA; PPG INDUSTRIES, INC.; Sun Coating Company; THE LUBRIZOL CORPORATION; THE SHERWIN-WILLIAMS COMPANY; and WACKER CHEMIE AG. are the leading market players active in the Packaging coatings market.

A. Flexible Packaging segment holds the maximum share of the global Packaging coatings market

A. Food & beverage companies, healthcare, oil companies and pharmaceutical companies are the major customers of global Packaging coatings market.

A. The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global Packaging coatings market from 2020 to 2030 to determine the prevailing opportunities.

A. Rapid increase in industrialization and increase in urbanization and continuous increase in demand of food & beverage products are expected to drive the adoption of Packaging coatings.

A. Technological evolution in packaging industry, increasing demand of flexible packaging are the current trend expected to influence the global Packaging coatings market in the next few years.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Packaging Coatings Market

Start reading instantly.
This Report and over 18,881+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,712
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (May 2023 - May 2024)
  • Data Pack
  • $4,125
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2023 - May 2024)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2023 - May 2024)
  • Five Users
  • $6,929
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2023 - May 2024)
  • Enterprise
    License/PDF

  • $10,663
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2023 - May 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers