Packaging Coatings Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The market for packaging coatings is an industry that creates and sells different coatings used to protect and improve the appearance of packaging materials such as paper, cardboard, and plastic. These coatings offer various functionalities, including moisture resistance, chemical resistance, and barrier properties. The growing demand for packaged products and the increasing need for sustainable packaging drive market growth. The market is projected to expand in the future due to the increasing demand for packaged products and the growing need for sustainable packaging.

MARKET DYNAMICS

The packaging coatings market is anticipated to grow in the forecast period owing to driving factors such as rapid growth of the e-commerce industry and high demands of flexible packaging for consumer goods. Moreover, the growing demands for canned food and beverages coupled with aerosol cans for personal and healthcare industry further fuel the packaging coatings market growth. However, rising concerns on amount of Bisphenol-A in packaging coatings may limit market growth. The growth opportunity for key players in the packaging coatings market lies in the production of environment-friendly packaging coatings.

MARKET SCOPE

The "Global Packaging Coatings Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of packaging coatings market with detailed market segmentation by type, substrate, application, end user and geography. The global packaging coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading packaging coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global packaging coatings market is segmented on the basis of type, substrate, application and end user. Based on type, the market is segmented as epoxy thermoset, urethane, UV-curable, BPA free, soft touch UV-curable. By substrate, the market is segmented as metal, rigid plastic, glass, liquid cartons, paper-based containers, flexible packaging and others. On the basis of the application the market is segmented as food cans, beverage cans, caps & closures, aerosols & tubes, industrial packaging, promotional packaging and specialty packaging. The market on the basis of the end user is classified as food & beverages, cosmetics, pharmaceuticals, consumer electronics and automotive components.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global packaging coatings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The packaging coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting packaging coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the packaging coatings market in these regions. 

Packaging Coatings Market Report Analysis

Packaging Coatings Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Akzo Nobel N.V.
• Arkema Group
• Axalta Coating Systems, LLC
• BASF SE
• Mantrose-Haeuser Co., Inc.
• PPG Industries, Inc.
• Sun Coating Company
• The Dow Chemical Company
• The Sherwin-Williams Company

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Epoxy thermoset
• Urethane
• UV-curable
• BPA free
• Soft touch UV-curable

By Substrate

• Metal
• Rigid plastic
• Glass
• Liquid cartons
• Paper-based containers
• Flexible packaging

By Application

• Food cans
• Beverage cans
• Caps and Closures
• Aerosols and Tubes
• Industrial packaging
• Promotional packaging
• Specialty packaging

By End-User

• Food and Beverages
• Cosmetics
• Pharmaceuticals
• Consumer Electronics
• Automotive components

MARKET PLAYERS

The reports cover key developments in the packaging coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from packaging coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for packaging coatings in the global market. Below mentioned is the list of few companies engaged in the packaging coatings market.

The report also includes the profiles of key packaging coatings companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• Akzo Nobel N.V.
• Arkema Group
• Axalta Coating Systems, LLC
• BASF SE
• Mantrose-Haeuser Co., Inc.
• PPG Industries, Inc.
• Sun Coating Company
• The Dow Chemical Company
• The Sherwin-Williams Company
• Wacker Chemie AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Packaging Coatings Report Scope