Global Packaging Coating Market Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast till 2022

Growing need for protective packaging in the food and beverages industry has led to an upsurge in demand for packaging coating globally. In addition, increasing need for temperature sensitive packaging is further expected to impact growth of the global market positively. A recently compiled report by Fact.MR, the global packaging coating market is projected to represent reflect a moderate CAGR of 5.5% through 2022.

Food and Beverages to Represent a Leading Segment

As demand for protective packaging in the construction and electronic industry increases, manufacturers turn to acrylic packaging coating. Acrylic coating as compared to other coatings is expected to witness the highest revenue growth, representing over US$ 400 Mn by the end of 2022. However, fluoropolymer coating is expected to register the highest CAGR in the global market throughout 2022.

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On the basis of packaging type, the flexible plastic segment is expected to witness the highest revenue growth, followed by the metal can segment. The flexible plastic segment is expected to represent a value of over US$ 200 Mn by the end of 2017. However, the liquid carton segment is expected to register the highest CAGR in the global packaging coating market.

Food and beverages segment as compared to other end users is expected to witness the highest revenue growth, representing a value of over US$ 400 Mn by 2022. The industrial product segment is expected to register the highest CAGR growth in the global market through 2022.

Coil & Sheet Coating is expected to witness the highest revenue growth as compared to other coating technology, accounting for a value of US$ 700 Mn by the end of 2017. However, spray coating and roll coating is expected to register the highest CAGR in the global packaging coating market through 2022.

Consumption in the Electronic Industry

Besides construction industry, packaging coating also witnesses considerable demand in the consumer products and electronics industry. With increasing application of thermoplastic materials among the manufacturers of the consumer products, demand for temperature sensitive packaging is expected to increase. Manufacturers prefer packaging consumer products including power tools, gear wheels, and cupboard hinges with acrylic coated packages to provide protection.

Moreover, thermoplastic materials also witness high adoption in several industries including semiconductor and electronic packaging, industrial products, and automotive. Surge in demand for automotive, industrial, and electronic products is expected to impact growth of the global packaging coating market positively.

Construction Industry to Impact the Market Growth

Construction industry continues to witness considerable demand for packaging coating in order to protect aluminium coils and steel materials used during construction. Moreover, electronic appliances and roof coatings witness considerable demand in the construction industry. Several construction materials including roof, and electronic appliances need water-proof and anti-corrosion protection. Attributed to growing need for water-proof and corrosion resistance, demand for packaging coating such as acrylic coating is expected to rev up.

Construction materials are manufactured with thermoplastics including power tools, gear wheels, and cupboard hinges. As thermoplastics are sensitive to the changing temperature, several construction materials need protective packaging. Due to increasing need for protective packaging, manufacturers are increasingly using packaging coatings such as acrylic coatings for providing safety to the product.

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Table of Contents:

1. Global Packaging Coatings Market – Executive Summary

2. Global Packaging Coatings Market Overview

3. Global Packaging Coatings Market Analysis and Forecast By Coating Type

4. Global Packaging Coatings Market Analysis and Forecast By Packaging Type
4.1. Global Packaging Coatings Market Size and Forecast By Packaging Type, 2012-2022
4.1.1. Metal Can Packaging Coatings Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. PET Bottles Packaging Coatings Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Packaging Coatings Market Analysis and Forecast By End Use
5.1. Global Packaging Coatings Market Size and Forecast By End Use, 2012-2022
5.1.1. Food & Beverage Packaging Coatings Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region
5.1.2. Consumer Product Packaging Coatings Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Region
5.1.2.2. Market Share Comparison, By Region
5.1.2.3. Y-o-Y growth Comparison, By Region

Continued……..

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