Global Packaging Coating Market Overview
Packaging Coating Market was valued at US$ 4.1 Billion in 2024 and is projected to grow at a CAGR of 6.10% to reach US$ 7 Billion by 2034.
Packaging coating is an extra step that is used to add functional and aesthetic appeal to a variety of items in the consumer goods, personal care, healthcare, chemicals, food and beverage, and other industries. Chemical resistance, corrosion protection, appealing appearance, protection against various environmental variables, and more are all provided by these. The coatings are applied to a variety of materials used in packaging, including paper and cans. Furthermore, the wide range of uses for packaging coatings is determined by the resin and additives utilised in these materials. Packaging coatings are vital for all firms because they ensure safety, promotion, simplicity of supply, and convenience and customisation for customers.
Global Packaging Coating Market Dynamics
Increasing packaging industries
The worldwide packaging coatings market is primarily driven by the packaging industry's expansion. Over the projection period, the packaging industry is expected to grow at a CAGR of 6.10% globally. In the future years, the worldwide packaging coatings market is expected to rise due to the expanding scope of packaging in various products, particularly in the consumer goods and food and beverage industries. Packaging coatings are increasingly being used by businesses, particularly in the food and beverage industry, to protect original quality and taste while also preventing contamination. The market is driven by an increase in utilization in various industries such as food and beverage cans, aerosol, and others. Demand for flexible packaging coatings, rapid expansion in the food and beverage industry, and an increase in the popularity of E-commerce are also driving the market.
Stringent government regulations and toxic VOC emissions during the manufacturing process, on the other hand, are some of the factors that limit market growth and force enterprises to seek alternatives. Growth in demand from rising nations such as China and India, as well as continual developments in the packaging sector, as well as continued R&D operations to develop more sustainable and effective packaging coatings, all point to a profitable future.
Global Packaging Coating Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Packaging Coating Market is segmented by Type, Substrate, Application, End-User and Region.
On the basis of Type, the Global Packaging Coating Market is segmented into Epoxy Thermoset, Urethane, UV-Curable, BPA Free, and Soft Touch UV-Curable & Urethane. On the basis of Substrate, the target market is segmented into Metal, Rigid Plastic, Glass, Liquid Cartons, Paper-based Containers, Flexible Packaging, and Others. On the basis of Application, the target market is segmented into Food Cans, Beverage Cans, Caps & Closures, Aerosols & Tubes, Industrial Packaging, Promotional Packaging, and Specialty Packaging. Based on End User the market is segmented into Food & Beverages, Cosmetics, Pharmaceuticals, Consumer Electronics, and Automotive Components.
Regional Insights
On region the Packaging Coating Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to be the largest market for global packaging coatings due to the rise in food packaging methods, particularly in the can segment. Due to rising demand for packaging coatings in the packaged food and consumer products industries in the area, Asia is expected to contribute considerably to the global packaging coatings market's growth in the coming years. After Asia Pacific, Latin America is expected to be the largest consumer of packaging coatings. The market in Latin America is projected to be followed by the market in Europe. In the worldwide packaging coatings industry, the Middle East and Africa market is expected to grow slowly.
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024– 2034 |
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Market representation |
Revenue in USD Million & CAGR from 2024 – 2034 |
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Market Segmentation |
By Type - Epoxy Thermoset, Urethane, UV-Curable, BPA Free, and Soft Touch UV-Curable & Urethane By Substrate - Metal, Rigid Plastic, Glass, Liquid Cartons, Paper-based Containers, Flexible Packaging, and Others By Application – Food Cans, Beverage Cans, Caps & Closures, Aerosols & Tubes, Industrial Packaging, Promotional Packaging, and Specialty Packaging By End User – Food & Beverages, Cosmetics, Pharmaceuticals, Consumer Electronics, and Automotive Components |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Global Packaging Coating Market report based on Type, Substrate, Application, End User and Region.
Recent Highlights:
- BASF's global pigment business unit, previously known as BASF Colors & Effects, was bought by DIC Corporation in 2019. DIC Corporation's product offering was expanded as a result of the acquisition. The company offers a variety of adaptable solutions to consumers as a global manufacturer of pigments, including those for coatings and inks.
- Ardagh Group, a renowned metal can producer, announced in April 2019 that they would be expanding their production plant in Brazil to meet the rising demand for aluminium packaging.
Global Packaging Coating Market, By Region:
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Packaging Coating Market Key Players
The key players operating in the Packaging Coating Market includes PPG Industries, Inc., The Valspar Corporation. , Akzo Nobel N.V., Allnex Belgium SA/NV, Wacker Chemie AG, BASF SE, ARKEMA GROUP, Axalta Coating Systems, LLC, W. R. Grace and Company, The Dow Chemical Company, Mantrose-Haeuser Co., Inc., and Sun Coating Company.
Global Packaging Coating Market Company Profile
- PPG Industries, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Valspar Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Akzo Nobel N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Allnex Belgium SA/NV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wacker Chemie AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ARKEMA GROUP
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Axalta Coating Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- W. R. Grace and Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Packaging Coating Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Packaging Coating Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Substrate
- Market Snippet, By Application
- Market Snippet, By End-Use Industry
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Packaging Coating Market , By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Epoxy Thermoset
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Urethane
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- UV-Curable
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- BPA Free
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Soft Touch UV-Curable & Urethane
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Packaging Coating Market , By Substrate, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Metal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Rigid Plastics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Glass
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Liquid Cartons
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Paper-Based Containers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Flexible Packaging
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Packaging Coating Market , By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Food Cans
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Beverage Cans
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Caps & Closures
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Aerosols & Tubes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Industrial Packaging
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Promotional Packaging
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Specialty Packaging
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Packaging Coating Market , By End-Use Industry, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Food & Beverages
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Cosmetics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pharmaceuticals
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Consumer Electronics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Automotive Components
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Packaging Coating Market , By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Substrate, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Substrate, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Substrate, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Substrate, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Substrate, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- PPG Industries, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Valspar Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Akzo Nobel N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Allnex Belgium SA/NV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wacker Chemie AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ARKEMA GROUP
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Axalta Coating Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- W. R. Grace and Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
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- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Packaging Coating Market is segmented by Type, Substrate, Application, End-User and Region.
The worldwide packaging coatings market is primarily driven by the packaging industry's expansion.
North America is expected to be the largest market for global packaging coatings due to the rise in food packaging methods, particularly in the can segment.
The key players operating in the Global Packaging Coating Market includes PPG Industries, Inc., The Valspar Corporation. , Akzo Nobel N.V., Allnex Belgium SA/NV, Wacker Chemie AG, BASF SE, ARKEMA GROUP, Axalta Coating Systems, LLC, W. R. Grace and Company, The Dow Chemical Company, Mantrose-Haeuser Co., Inc., and Sun Coating Company.