Packaging Coatings Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Packaging Coatings Market By Type (Epoxy Thermoset, Urethane, UV-Curable, BPA Free, Soft Touch UV-Curable & Urethane), By Substrate (Metal, Metal Beverage Can, Metal Food Can, Metal Aerosol Can, Metal Tins, Aluminum Trays,Collapsible Metal Tubes, Other Metals,Rigid Plastic,Glass,Liquid Cartons, Paper-based Containers, Flexible Packaging, Others), By Application (Food Cans,Beverage Cans,Caps & Closures,Aerosols & Tubes, Industrial Packaging, Promotional Packaging, Specialty Packaging), By End User (Food & Beverages,Cosmetics,Pharmaceuticals,Consumer Electronics,Automotive Components) and Geography

 

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Report

Description

Packaging coatings market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, substrate, application, end user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global packaging coatings products. Some of the key factors fueling the market growth include growing scope of packaging in various products, rapid growth of the food & beverage industry, increasing growth of the e-commerce industry, high demand of flexible packaging for consumer goods. However, stringent government regulations and rising concerns on amount of bisphenol-A in packaging coatings may hinder the market growth. Further, R&D activities to develop sustainable and more effective packaging coatings and production of environment-friendly packaging coatings in the packaging coatings provides huge opportunity for the market growth. Packaging coatings market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Mar 2019, PPG acquired Whitford Worldwide Company a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products.

Packaging Coatings Market

MARKET SUMMARY
-
x
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Packaging Coatings Market Analysis

  • Packaging coatings market expanding at significant CAGR over 2022 to 2028 due to growing scope of packaging in various products
  • Based on type, epoxy thermoset segment accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Packaging Coatings market
Market Leaders
  • Valspar
  • PPG Industries
  • AkzoNobel
  • Wacker Chemie AG
  • Lubrizol
  • Jamestown Coating technologies
  • BASF SE
  • Sun Coating Company
  • Star LaminatorsInc.
  • Mantrose-Haeuser Co.Inc.
Packaging Coatings Market

Drivers and Restraints

With the increase in nuclear families and changes in lifestyle, consumption patterns have transformed. The consumption of organic food and beverages have been escalating owing to rising health concerns which has been significantly boosting the demand for the coatings in the packaging are backing the surged demand. The global packaging industry has steadily grown over the recent years. Coating technology has been proposed as an additional strategy for accomplishing a more rational use of the materials used within the food packaging sector. Coatings used for metal food packaging that directly or indirectly contact food have the added compliance requirement with current food-contact standards, including standards for species that can be extracted and/or migrate into the food chain from coatings or other materials.


Packaging Coatings Market

Asia Pacific dominates the market

Asia Pacific accounted for larger revenue share in global packaging coatings market with considerable CAGR. The growth of the market in the region can be attributed to the rapid increase in the number of end user industries and growing demand for packaging coatings in the packaged food and consumer goods. North America held substantial market share during estimated period owing to rise in food packaging practices. U.S is the major contributor for the growth of the market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Packaging Coatings Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Valspar
  • PPG Industries
  • AkzoNobel
  • Wacker Chemie AG
  • Lubrizol
  • Jamestown Coating technologies
  • BASF SE
  • Sun Coating Company
  • Star LaminatorsInc.
  • Mantrose-Haeuser Co.Inc.

Description

Packaging coatings market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, substrate, application, end user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global packaging coatings products. Some of the key factors fueling the market growth include growing scope of packaging in various products, rapid growth of the food & beverage industry, increasing growth of the e-commerce industry, high demand of flexible packaging for consumer goods. However, stringent government regulations and rising concerns on amount of bisphenol-A in packaging coatings may hinder the market growth. Further, R&D activities to develop sustainable and more effective packaging coatings and production of environment-friendly packaging coatings in the packaging coatings provides huge opportunity for the market growth. Packaging coatings market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Mar 2019, PPG acquired Whitford Worldwide Company a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products.

ASIA PACIFIC OFFICE

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EUROPE OFFICE

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