Global Packaging Coatings Market Size Study by Technology, by Resin, by Application, by Printing Process, by End Use Industry, and Regional Forecasts 2022-2032

Description

The Global Packaging Coatings Market is valued at approximately USD 4.01 billion in 2023 and is expected to grow at a healthy CAGR of 5.00% during the forecast period 2024-2032. Packaging coatings play a pivotal role in the materials and chemicals industry, providing essential functionalities such as barrier protection, enhanced durability, and visual appeal for various types of packaging. These coatings are extensively employed across industries, including food and beverages, pharmaceuticals, and consumer goods, where they address the rising demand for sustainable, lightweight, and performance-oriented packaging solutions. Advances in technologies like waterborne and energy-curable coatings have enabled manufacturers to meet the stringent requirements of environmental regulations while optimizing the cost-effectiveness and performance of packaging solutions.

The growth of the Packaging Coatings Market is driven by evolving consumer preferences and stringent regulatory frameworks. As consumers prioritize eco-friendly and aesthetically appealing packaging, manufacturers are shifting towards innovative coating technologies that align with sustainability goals. Significant investments in research and development are fostering breakthroughs in resin compositions and application processes, resulting in enhanced product performance. For example, the growing adoption of waterborne coatings highlights the industry's commitment to reducing VOC emissions and improving recyclability. However, the market faces challenges such as the complexity of transitioning to sustainable raw materials and maintaining cost competitiveness, which are expected to restrain growth during the forecast period.

Regionally, the Packaging Coatings Market demonstrates diverse growth dynamics. North America remains a key player, benefiting from advanced infrastructure and high consumer demand for premium packaging. Europe, on the other hand, has established itself as a hub for innovation, with strict regulatory mandates driving the adoption of sustainable solutions. Meanwhile, the Asia Pacific region is emerging as the fastest-growing market, propelled by robust economic growth, urbanization, and an expanding middle class. Countries like China and India are witnessing a surge in demand for both rigid and flexible packaging, supported by a burgeoning manufacturing base and favorable government policies.

The competitive landscape of the Packaging Coatings Market features a mix of established players and emerging innovators. Companies are leveraging strategic collaborations, portfolio diversification, and advancements in resin and application technologies to consolidate their positions in the market. Additionally, initiatives focusing on sustainability and compliance with global standards are shaping the competitive dynamics.

Major market players included in this report are:

AkzoNobel N.V.
PPG Industries, Inc.
BASF SE
The Sherwin-Williams Company
Axalta Coating Systems
Valspar Corporation
Kansai Paint Co., Ltd.
Nippon Paint Holdings Co., Ltd.
Evonik Industries AG
Arkema S.A.
Altana AG
Dow Inc.
Wacker Chemie AG
Henkel AG & Co. KGaA
Tikkurila OYJ

The detailed segments and sub-segments of the market are explained below:

By Technology:

Waterborne
Solventborne
Energy Curable
Digital

By Resin:

Polyurethane
Epoxy
Acrylic
Polyester

By Application:

Rigid
Flexible
Paper

By Printing Process:

(Provide specific printing process segmentation details if available)

By End Use Industry:

(Provide specific end-use industry segmentation details if available)

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape, including country-level insights.
Competitive landscape analysis with information on major players.
Insights into key business strategies and recommendations for future market approaches.
Comprehensive demand-side and supply-side analysis of the market.

Chapter 1. Global Packaging Coatings Market Executive Summary

1.1. Global Packaging Coatings Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Technology
- 1.3.2. By Resin
- 1.3.3. By Application
- 1.3.4. By Printing Process
- 1.3.5. By End Use Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Packaging Coatings Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Packaging Coatings Market Dynamics

3.1. Market Drivers
- 3.1.1. Evolving Consumer Preferences for Sustainable Packaging
- 3.1.2. Advancements in Coating Technologies
- 3.1.3. Supportive Regulatory Frameworks and Investments
3.2. Market Challenges
- 3.2.1. Complexity of Transitioning to Sustainable Raw Materials
- 3.2.2. Maintaining Cost Competitiveness
3.3. Market Opportunities
- 3.3.1. Innovation in High-Performance Resin Compositions
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Strategic Collaborations and Partnerships

Chapter 4. Global Packaging Coatings Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Packaging Coatings Market Size & Forecasts by Technology 2022-2032

5.1. Segment Dashboard
5.2. Global Packaging Coatings Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Waterborne
- 5.2.2. Solventborne
- 5.2.3. Energy Curable
- 5.2.4. Digital

Chapter 6. Global Packaging Coatings Market Size & Forecasts by Resin 2022-2032

6.1. Segment Dashboard
6.2. Global Packaging Coatings Market: Resin Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Polyurethane
- 6.2.2. Epoxy
- 6.2.3. Acrylic
- 6.2.4. Polyester

Chapter 7. Global Packaging Coatings Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Packaging Coatings Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Rigid
- 7.2.2. Flexible
- 7.2.3. Paper

Chapter 8. Global Packaging Coatings Market Size & Forecasts by Printing Process 2022-2032

8.1. Segment Dashboard
8.2. Global Packaging Coatings Market: Printing Process Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Offset Printing
- 8.2.2. Flexographic Printing
- 8.2.3. Digital Printing
- 8.2.4. Screens Printing

Chapter 9. Global Packaging Coatings Market Size & Forecasts by End Use Industry 2022-2032

9.1. Segment Dashboard
9.2. Global Packaging Coatings Market: End Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 9.2.1. Food and Beverages
- 9.2.2. Pharmaceuticals
- 9.2.3. Consumer Goods
- 9.2.4. Others

Chapter 10. Global Packaging Coatings Market Size & Forecasts by Region 2022-2032

10.1. North America Packaging Coatings Market
- 10.1.1. U.S. Packaging Coatings Market
  - 10.1.1.1. Technology Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.2. Resin Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.3. Application Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.4. Printing Process Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.5. End Use Industry Breakdown Size & Forecasts, 2022-2032
- 10.1.2. Canada Packaging Coatings Market
10.2. Europe Packaging Coatings Market
- 10.2.1. U.K. Packaging Coatings Market
- 10.2.2. Germany Packaging Coatings Market
- 10.2.3. France Packaging Coatings Market
- 10.2.4. Spain Packaging Coatings Market
- 10.2.5. Italy Packaging Coatings Market
- 10.2.6. Rest of Europe Packaging Coatings Market
10.3. Asia-Pacific Packaging Coatings Market
- 10.3.1. China Packaging Coatings Market
- 10.3.2. India Packaging Coatings Market
- 10.3.3. Japan Packaging Coatings Market
- 10.3.4. Australia Packaging Coatings Market
- 10.3.5. South Korea Packaging Coatings Market
- 10.3.6. Rest of Asia Pacific Packaging Coatings Market
10.4. Latin America Packaging Coatings Market
- 10.4.1. Brazil Packaging Coatings Market
- 10.4.2. Mexico Packaging Coatings Market
- 10.4.3. Rest of Latin America Packaging Coatings Market
10.5. Middle East & Africa Packaging Coatings Market
- 10.5.1. Saudi Arabia Packaging Coatings Market
- 10.5.2. South Africa Packaging Coatings Market
- 10.5.3. Rest of Middle East & Africa Packaging Coatings Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. AkzoNobel N.V.
- 11.1.2. PPG Industries, Inc.
- 11.1.3. BASF SE
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. AkzoNobel N.V.
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. PPG Industries, Inc.
- 11.3.3. BASF SE
- 11.3.4. The Sherwin-Williams Company
- 11.3.5. Axalta Coating Systems
- 11.3.6. Valspar Corporation
- 11.3.7. Kansai Paint Co., Ltd.
- 11.3.8. Nippon Paint Holdings Co., Ltd.
- 11.3.9. Evonik Industries AG
- 11.3.10. Arkema S.A.
- 11.3.11. Altana AG
- 11.3.12. Dow Inc.
- 11.3.13. Wacker Chemie AG
- 11.3.14. Henkel AG & Co. KGaA
- 11.3.15. Tikkurila OYJ

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes