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With 4.3% CAGR, Paint Packaging Market Size Worth USD 29.7 billion by 2026. - Comprehensive Research Report by Facts & Factors

11-22-2022 12:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Paint Packaging Market

Paint Packaging Market

Paint Packaging Market by Product Type (Bag-in-box, Pouches, Liquid Cartons, Paperboard Container, Pet Bottles, Cans, and Others), Material (Metals, Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and Others), and By End-Use (Professional, and Consumer): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, It is estimated that the market will expand at a compound annual growth rate of 4.3% and will reach approximately USD 29.7 billion by the year 2026.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/paint-packaging-market

Some of the key players in the global paint packaging market are

International Paper
Smurfit Kappa
Amcor Limited
Bemis Company, Inc.
Mauser Group
Crown Holdings, Inc.
HUBER Packaging Group GmbH
BWAY Corporation
The Dow Chemical Co.
Tetra Pak International S.A.
Mondi plc.
WestRock Company
Orora Packaging Australia Pty Ltd
WestRock Company
Ball Corporation
RPC Superfos
PLZ Aeroscience

Paints are used extensively for the purpose of shielding and safeguarding buildings and structures from the damaging effects of the environment and severe weather conditions. The market for paint packaging is being propelled forward by the steadily increasing demand for paints coming from the international construction sector. One of the factors contributing to the expansion of the market for paint packaging is the growing application of paints for the purpose of shielding the exteriors of buildings and other structures from the adverse effects of the surrounding environment.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/paint-packaging-market

The United States has been increasingly engaging in both the importation of paints from Germany and Japan and the exportation of paints to both Canada and Mexico. The majority of the paints that enter the United States come from these two countries.

This has led to the research and development of paint packaging solutions by major players in the paint packaging market to reduce leakage and damage during transportation. As a result, this is driving the paint packaging market in both the United States and globally.

The cans category in product type segmentation dominated the product type segment in 2019 with a market share of more than 70% and is anticipated to continue its dominance in the forecast period due to the increasing consumption of aluminum and aerosol cans.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/paint-packaging-market

Cans provide a lightweight packaging solution and hence are preferred on a large scale over other packaging solutions. The pouches segment in product type segmentation is anticipated to grow significantly with the fastest CAGR of 5.4% in the upcoming years. This can be attributed to the growing preference of consumers for stand-up pouches.

The metals category dominated the material segment in 2019 and accounted for around 45% market share in the material segment. This growth can be attributed to the growing demand for aerosol cans. The professional category under end-use segmentation dominated the segment with a market share of around 90% in 2019. This can be attributed to the growing global construction industry and hence the growing demand for paint cans.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/paint-packaging-market

This report segments the paint packaging market as follows:

Global Paint Packaging Market: By Product Type Segmentation Analysis

Bag-in-box
Pouches
Liquid Cartons
Paperboard Container
Pet Bottles
Cans
Others

Global Paint Packaging Market: By Material Segmentation Analysis

Metals
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Others

Global Paint PackagingMarket: By End-Use Segmentation Analysis

Professional
Consumer

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/paint-packaging-market

Global Paint Packaging Market: Regional Segmentation Analysis

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

Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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