According to a market report by Lucintel, the future of the global packaging coating market looks promising with opportunities in the food & beverages, cosmetics, pharmaceuticals, consumer electronics, and automotive components markets. The global packaging coating market is expected to reach an estimated $7 billion by 2030 from $5 billion in 2023 at a CAGR of 4.4% from 2023 to 2030. The major drivers for this market are increasing demand for sustainable packaging solutions, rapid expansion of e-commerce and the food and beverage industry, and growing regulatory requirements and heightened consumer awareness regarding safety and quality.
In this market, epoxy, polyester, acrylic, amino, vinyl, phenolic, and
polyurethane are the major segments of packaging coating market by resin type.
Lucintel forecasts that metal packaging coating will remain the largest
segment over the forecast period due to its continuous increasing demand for
metal food and beverage cans.
Within this market, food & beverages will remain the largest segment
due to increased consumption of beverages and packaging coatings which protect
beverages from getting contaminated by reacting with the metal.
Download sample by clicking on packaging coating
market.
APAC will remain the largest region over the forecast period due to
increase in consumption of packaged goods in China and India.
Akzo Nobel N.V., PPG Industries, Axalta Coating Systems, RPM
International, Altana AG, Sherwin-Williams Company, and Kansai Paint are the
major suppliers in the packaging coating market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast
visit Lucintel’s Analytics
Dashboard.
About Lucintel
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needs analysis. We are based in Dallas, TX and have
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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