Packaging Coating Market
Packaging Coating Market Analysis by Acrylic Coatings, Epoxy Thermoset Coatings, and Plastisol Packaging Coatings from 2023 to 2033
Analysis of Packaging Coating market covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Packaging Coatings Market Outlook (2023 to 2033)
Based on the analysis of the Fact.MR, the global packaging coating market is anticipated to be valued at US$ 3.5 billion in 2023 and it is anticipated to grow at a CAGR of 6.8% to reach US$ 6.8 billion by the end of 2033.
Packaging coatings are the coatings used for performance, decoration purposes, and protection for metal cans, plastic tubes, or other substrates used in packaging.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2023E) | US$ 3.5 Billion |
| Forecasted Market Value (2033F) | US$ 6.8 Billion |
| Global Market Growth Rate (2023 to 2033) | ~6.8% CAGR |
| North America Market Share (2023) | ~28.2% |
| East Asia Market Growth Rate (2023 to 2033) | ~7.3% CAGR |
| Europe Market Growth Rate (2023 to 2033) | ~6.4% CAGR |
| Key Companies Profiled | Axalta Coating System; DuPont; Solvay S.A; Nippon Paint; Kansai Paints; Evonik Industries; BASF SE |
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Historic and Future Path for Packaging Coating Market
Various specialized chemical substances that are applied both inside or on the exterior or surface of the packaging products are referred to as packaging coatings. They are used on a variety of cans, closures, and industrial packaging items made of metal, plastic, and paper.
The most widely used resins for packaging coatings are polyester, polyurethane, acrylic, epoxy, and acrylic resins. These coatings offer additional protection, corrosion resistance, and aesthetic appeal while extending the product's shelf life. As a result, packaging coatings have a wide range of uses in the food and beverage, personal care, and healthcare sectors.
- Growth Factors for Short Term (2023 to 2026): Rising demand for packaging from food & beverage to boost the demand for the packaging coatings market in short term.
- Factors for Medium-Term Growth (2026 to 2029): Packaging coatings play a crucial role in keeping medicines safe during transportation and also ensure minimum exposure to gases and outside temperature, hence, thriving pharmaceutical industry across the emerging economies to drive the packaging coatings market growth during the projection period.
- Long Term Growth Opportunities (2029 to 2033): Various efforts led by market players to remain competitive in the highly fragmented market to create immense growth opportunities.
“Growing Packaging Industry to Supplement Packaging Coating Market Growth”
The growing packaging industry creates high opportunities for the packaging coatings market. Packaging is the process of creating a package for a consumer good. Packaging enables end-users to differentiate their brands and makes it effortless for consumers to identify their products.
Growing consumer demand for packaged goods as a result of changing dietary preferences and altering lifestyles may have a critical impact on the packaging market. Further, owing to their high barrier properties, shelf lives, and consumer safety, products will be in greater demand as the population and per capita income rise.
Hence, due to such factors, the packaging industry is anticipated to grow at a prominent growth rate, and mushrooming packaging industry paves the way for the packaging coatings market growth over the forecast period.
“Government Strict Rules to Hamper Market Growth”
A class of chemicals known as volatile organic compounds (VOCs) is capable of vaporizing into the atmosphere. In some coatings used for packaging, VOCs are present which are harmful to health as they cause nose, and throat irritation, eye, headaches, nausea, and loss of coordination. They can also cause damage to the kidneys, central nervous system, and liver. Among VOCs, some are inferred or verified as carcinogens.
Hence, to prevent harm to the ozone layer and check health hazards due to VOCs governments across both developed as well as developing economies imposed rules and regulations over the use of materials containing or emitting VOCs. On the back of the aforementioned facts, the packaging coatings market is estimated to witness certain challenges during the forecast period.
Country-wise Insights
Why the US Increases its Demand for Packaging Coating in the Coming Years?
The US packaging coating market is expected to expand at a CAGR of 6.8% over the projected period.
The growing packaging industry in the US, due to the thriving e-commerce, food & beverage, and pharmaceutical industry to drive the packaging coatings market. Packaging coatings play a crucial role in strengthening the material used for packaging increasing its wear tear resistance and more. Such factors are anticipated to drive the US packaging coatings market over the forecast period.
What Role does China Play in the Expansion of the Packaging Coating market?
China holds the largest market for chemicals across the globe. It is valued at over US$ 1.8 trillion in 2022. The growing chemical industry in China is likely to boost the demand for packaging in the coming years. With the help of packaging, chemicals get protection from exposure to moisture.
It is anticipated that China will lead the market in the forecast period and will grow at a CAGR of 7.5% and increases the sales of the product.
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Category-wise Insights
Why are Acrylic Coatings the Most Widely Used in Several Applications?
The acrylic coatings in the packaging coating market are anticipated to grow at a CAGR of 7.1% during the forecast period.
Transparency and fast dye are some of the properties which are widely used in packaging coating. Their stability and weather resistance makes them suitable for use in the packaging industry for various coating applications such as food and beverages, wine coating, and many more.
Furthermore, they are also resistant to blisters, stains, and cracks. These are some of the several properties which make acrylic resin a perfect choice for the coating material. Due to this, it is highly in demand from the food and beverage industry. Consumers are attracted by the innovative and visual appeal of packaging. This, in turn, drives the sales of acrylic packaging coating for the food & beverage industry.
Which Industry is Likely to Drive the Packaging Coating Market Growth?
The food & beverage industry is likely to dominate the packaging coating market growth during the forecast period. The global food packaging industry is valued at over US$ 300 billion in 2022 and is expected to continue its steady growth.
Increasing demand from consumers for packaged food is anticipated to drive the packaging market growth in the forecast period. Rising disposable income and a shift towards ready-to-eat food are some of the prime factors for the growth of the packaging market. Also, need to protect food from outside influences and damage, and to provide consumers with information regarding ingredients and nutrition.
Market Titans Key Strategies
Prominent packaging coatings market titans are Axalta Coating System, DuPont, Solvay S.A, Nippon Paints, Kansai Paints, Evonik Industries, BASF SE, Sherwin Williams, AkzoNobel N.V
Market players focus on expanding their business across untapped markets and gaining high-profit margins. Further, the adoption of eco-friendly coatings for packaging to spur the packaging coatings market growth outlook. Long-term trade relations with the suppliers and end-users to create immense growth opportunities for the market players.
Fact.MR has provided detailed information about the price points of key manufacturers of packaging coatings positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
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Segmentation of Packaging Coating Industry Research
-
Packaging Coating Market by Coating Type :
- Acrylic
- Epoxy
- Fluoropolymer
- Plastisol Polyurethane
- Others
-
Packaging Coating Market by Packaging Type :
- Rigid Plastic Packaging Can
- PET Bottle
- Glass Flexible Plastic
- Rigid Plastic
- Liquid Carton
- Others
-
Packaging Coating Market by Technology :
- Coil Sheet Coating
- Roll Coating
- Spray Coating
-
Packaging Coating Market by End-Use Industry :
- Food & Beverage
- Consumer Product
- Chemical
- Paints & Coatings
- Industrial Product
- Semiconductor & Electronics
- Others
-
Packaging Coating Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Value (US$ million) Analysis and Forecast
- 5. Global Market Analysis and Forecast, By Coating Type
- 5.1. Acrylic
- 5.2. Epoxy
- 5.3. Fluoropolymer
- 5.4. Plastisol
- 5.5. Polyurethane
- 5.6. Others
- 6. Global Market Analysis and Forecast, By Packaging Type
- 6.1. Rigid Plastic Packaging Can
- 6.2. PET Bottle
- 6.3. Glass
- 6.4. Flexible Plastic
- 6.5. Rigid Plastic
- 6.6. Liquid Carton
- 6.7. Others
- 7. Global Market Analysis and Forecast, By End-Use Industry
- 7.1. Food & Beverage
- 7.2. Consumer Product
- 7.3. Chemical
- 7.4. Paints & Coatings
- 7.5. Industrial Product
- 7.6. Semiconductor & Electronics
- 7.7. Others
- 8. Global Market Analysis and Forecast, By Technology
- 8.1. Coil & Sheet Coatings
- 8.2. Roll Coating
- 8.3. Spray Coating
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Axalta Coating System
- 18.2. DuPont
- 18.3. Solvay S.A
- 18.4. Nippon Paint
- 18.5. Kansai Paints
- 18.6. Evonik Industries
- 18.7. BASF SE
- 18.8. Sherwin Williams
- 18.9. AkzoNobel N.V
- 18.10. PPG Industries
- 18.11. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million), by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) Forecast, by Region, 2023 to 2033
Table 3: Global Market Value (US$ million), By Coating Type, 2018 to 2022
Table 4: Global Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 5: Global Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 6: Global Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 7: Global Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 8: Global Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 9: Global Market Value (US$ million), By Technology, 2018 to 2022
Table 10: Global Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 11: North America Market Value (US$ million), by Country, 2018 to 2022
Table 12: North America Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 13: North America Market Value (US$ million), By Coating Type, 2018 to 2022
Table 14: North America Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 15: North America Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 16: North America Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 17: North America Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 18: North America Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 19: North America Market Value (US$ million), By Technology, 2018 to 2022
Table 20: North America Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 21: Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 22: Latin America Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 23: Latin America Market Value (US$ million), By Coating Type, 2018 to 2022
Table 24: Latin America Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 25: Latin America Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 26: Latin America Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 27: Latin America Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 28: Latin America Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 29: Latin America Market Value (US$ million), By Technology, 2018 to 2022
Table 30: Latin America Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 31: Europe Market Value (US$ million), by Country, 2018 to 2022
Table 32: Europe Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 33: Europe Market Value (US$ million), By Coating Type, 2018 to 2022
Table 34: Europe Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 35: Europe Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 36: Europe Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 37: Europe Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 38: Europe Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 39: Europe Market Value (US$ million), By Technology, 2018 to 2022
Table 40: Europe Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 41: East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 42: East Asia Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 43: East Asia Market Value (US$ million), By Coating Type, 2018 to 2022
Table 44: East Asia Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 45: East Asia Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 46: East Asia Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 47: East Asia Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 48: East Asia Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 49: East Asia Market Value (US$ million), By Technology, 2018 to 2022
Table 50: East Asia Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 51: South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 52: South Asia & Oceania Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 53: South Asia & Oceania Market Value (US$ million), By Coating Type, 2018 to 2022
Table 54: South Asia & Oceania Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 55: South Asia & Oceania Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 56: South Asia & Oceania Market Value (US$ million) and Forecast, By Packaging Type, 2023 to 2033
Table 57: South Asia & Oceania Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 58: South Asia & Oceania Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 59: South Asia & Oceania Market Value (US$ million), By Technology, 2018 to 2022
Table 60: South Asia & Oceania Market Value (US$ million) Forecast, By Technology, 2023 to 2033
Table 61: MEA Market Value (US$ million), by Country, 2018 to 2022
Table 62: MEA Market Value (US$ million) Forecast, by Country, 2023 to 2033
Table 63: MEA Market Value (US$ million), By Coating Type, 2018 to 2022
Table 64: MEA Market Value (US$ million) Forecast, By Coating Type, 2023 to 2033
Table 65: MEA Market Value (US$ million), By Packaging Type, 2018 to 2022
Table 66: MEA Market Value (US$ million) Forecast, By Packaging Type, 2023 to 2033
Table 67: MEA Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 68: MEA Market Value (US$ million) Forecast, By End-Use Industry, 2023 to 2033
Table 69: MEA Market Value (US$ million), By Technology, 2018 to 2022
Table 70: MEA Market Value (US$ million) Forecast, By Technology, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million), by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 7: Global Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 9: Global Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 11: Global Market Value (US$ million), By Technology, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 13: North America Market Value (US$ million), Forecast, 2023 to 2033
Figure 14: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 15: North America Market Value (US$ million), by Country, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 17: North America Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 19: North America Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 21: North America Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 23: North America Market Value (US$ million), By Technology, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 25: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 28: North America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 30: Latin America Market Value (US$ million), Forecast, 2023 to 2033
Figure 31: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 32: Latin America Market Value (US$ million), by Country, 2023 & 2033
Figure 33: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 35: Latin America Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 36: Latin America Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 37: Latin America Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 38: Latin America Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 39: Latin America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 40: Latin America Market Value (US$ million), By Technology, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 44: Latin America Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 46: Latin America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 47: Europe Market Value (US$ million), Forecast, 2023 to 2033
Figure 48: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 49: Europe Market Value (US$ million), by Country, 2023 & 2033
Figure 50: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 51: Europe Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 52: Europe Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 53: Europe Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 55: Europe Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 56: Europe Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 57: Europe Market Value (US$ million), By Technology, 2023 & 2033
Figure 58: Europe Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 59: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 60: Europe Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 62: Europe Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 63: Europe Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 64: East Asia Market Value (US$ million), Forecast, 2023 to 2033
Figure 65: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66: East Asia Market Value (US$ million), by Country, 2023 & 2033
Figure 67: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 68: East Asia Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 69: East Asia Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 70: East Asia Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 71: East Asia Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 72: East Asia Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 74: East Asia Market Value (US$ million), By Technology, 2023 & 2033
Figure 75: East Asia Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 76: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 78: East Asia Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 79: East Asia Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ million), Forecast, 2023 to 2033
Figure 82: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 83: South Asia & Oceania Market Value (US$ million), by Country, 2023 & 2033
Figure 84: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 85: South Asia & Oceania Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 87: South Asia & Oceania Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 88: South Asia & Oceania Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 89: South Asia & Oceania Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 90: South Asia & Oceania Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 91: South Asia & Oceania Market Value (US$ million), By Technology, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 94: South Asia & Oceania Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 95: South Asia & Oceania Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 97: South Asia & Oceania Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 98: MEA Market Value (US$ million) and Forecast, 2023 to 2033
Figure 99: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 100: MEA Market Value (US$ million), by Country, 2023 & 2033
Figure 101: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 102: MEA Market Value (US$ million), By Coating Type, 2023 & 2033
Figure 103: MEA Market Y-o-Y Growth Rate By Coating Type, 2023 to 2033
Figure 104: MEA Market Value (US$ million), By Packaging Types, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Rate By Packaging Types, 2023 to 2033
Figure 106: MEA Market Value (US$ million), By End-Use Industry, 2023 & 2033
Figure 107: MEA Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 108: MEA Market Value (US$ million), By Technology, 2023 & 2033
Figure 109: MEA Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 110: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 111: MEA Market Attractiveness Analysis By Coating Type, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis By Packaging Types, 2023 to 2033
Figure 113: MEA Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 114: MEA Market Attractiveness Analysis By Technology, 2023 to 2033
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- FAQs -
What is the Global Packaging Coating Market Size?
The global packaging coating market is anticipated to be valued at US$ 3.5 billion in 2023.
How will the Market Perform over the Forecast Period?
During 2023-2033, sales of packaging coating increased at 6.8% CAGR.
Which Regional Packaging Coating Market Accounts for a Leading Market Share?
North America tops the global packaging coating market accounting for 28.2% market share.
Which End-Use Industry Is Likely to Dominate the Market Growth?
Food & beverage industry is likely to dominate the market growth with over 40% of the market share.
At what Rate US market is expected to Grow?
US market is anticipated to grow at a CAGR of 6.8% during 2023-2033.
Who are the Major Players in the Packaging Coating Market?
Market players include Axalta Coating System, BASF SE, Nippon Paints, PPG Industries are majorly operating and dominating in the market.
What are the Factors Driving the Packaging Coating Sales Growth During the Forecast Period?
Growing demand for sustainable packaging is likely to create significant growth opportunities for the packaging coating market.
Packaging Coating Market