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Global Demand for Paint Cans Market to Incur Considerable Upsurge During 2018 - 2028

05-11-2018 10:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Global Demand for Paint Cans Market to Incur Considerable

Paint Cans Market – Significance:

Cylindrical paint cans are the classic packaging for lacquer and paints. Paint cans are completely reliable and perfect packaging solution for products such as paint, wood preservers, coatings, etc. paint cans are strong but light in weight and fully impermeable to air and light. Moreover, paint cans are also impervious to major fluctuations in temperature which protect the paint from atmospheric impacts. Paint cans also offers several advantages. For instance, paint cans are easy to refill and seal with no wastage during the filling process. Manufacturers provide paint cans with customizing capabilities and various shapes & sizes. Paint cans has protective coatings inside the cans to avoid the reactions of some products with metal paint can. The paint cans also gives it a robustness which the packaging needs for the shaking and mixing of the new generation of paints and lacquers.

Paint Cans Market – Overview:

More and more paints are being packed in paint cans. Therefore, stability and airtight packaging is becoming more important for paint cans. Paint cans provide easy opening and closing for paint rollers as color of wall paints are often not mixed in a machine. Rising demand for paints from two major categories are decoratives and industrial which helps in growth of the paint cans market. Paint cans are generally made from one of the two materials which are polypropylene plastic and tin plate steel. Rising awareness towards sustainable packaging solutions increasing the demand for plastic paint cans.

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Paint Cans Market – Segmentation:

The global paint cans market is segmented on the basis of product type, capacity, and by lid type. The pricing has been tracked on the basis of product type segment.

On the basis of product type, the global paint cans market is segmented as follows:

Plastic Paint Cans
Metal Paint Cans

The most preferred and desired product type is plastic paint cans as it is a cost effective packaging solution as compared to tin plate steel paint cans. Plastic paint cans are easy to recycle and light in weight.

On the basis of capacity, the global paint cans market is segmented as follows:

Up to 50 ml
50 ml to 1 ltr
1 to 5 ltr
5 to 10 ltr
Above 12 ltr

On the basis of lid type, the global paint cans market is segmented as follows:

RL ( Reverse Lever Lid)
TT ( Triple Tite Lid)

Paint Cans Market – Methodology:
paint cans market

Paint Cans Market – Regional Outlook:

Geographically the global paint cans market region is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among these regions, APEJ is expected to dominate the global paint cans market due to rising FMGC (Fast-moving consumer goods) sector in the region. Along with APEJ, North America and Europe also anticipated to grow at a significant rate during the forecast period due to high demand of recyclable plastic paint cans in the regions.

Paint Cans Market – Key Players:

Some of the key players operating in the global paint cans market are segmented into three tiers as tier 1, tier 2, and tier 3.

Tier 1:

Allied Cans Limited
BWAY Corporation
MONTANA-CANS
Kian Joo Group

Tier 2:

NCI Packaging
BCPL
Seymour of Sycamore
Ball Corporation

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Tier 3:

Wilkinson Containers Ltd.
Allstate Can Corporation
Protech Plastics Containers
Emballator UK
RPC Superfos a/s
Pack2pack B.V.
Letica Corporation
Great Western Containers Inc.
Crown Holdings, Inc.
Tikkurila Oyj

Paint Cans Market – Key Developments:

The global paint cans market is characterized by several new design level trends. Therefore, the competition is in terms of packaging optimization

In 2012, new plastic paint cans were launched in the Baltics, and taken in use in the Vivacolor water borne products. Vivacolor is one of the Tikkurila’s strategic brands and the leading paint brands in the Baltics.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
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United States
T: +1-347-918-3531
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Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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