Key Influencer in the Packaging Coatings Market 2025: E-Commerce Boom Fuels Expansion Of The Packaging Coatings Market Driver

What Is the Forecasted Market Size and Growth Rate for the Packaging Coatings Market?
The packaging coatings market has seen strong growth in recent years. It will grow from $4.58 billion in 2024 to $4.84 billion in 2025, at a CAGR of 5.7%. This growth is attributed to increasing demand for consumer goods, advancements in material science, stringent regulatory requirements, urbanization, changing lifestyles, and sustainability efforts.

The packaging coatings market is expected to grow steadily, reaching $6.04 billion by 2029 with a CAGR of 5.7%. Growth is attributed to the rapid growth of the food and beverage industry, rising demand for flexible packaging, increasing health and safety concerns, the rise of e-commerce, and global supply chain globalization. Key trends include technological innovations, sustainable coating solutions, smart coatings, bio-based and biodegradable coatings, and digital printing and personalization.

What Factors Are Propelling the Expansion of the Packaging Coatings Market?
The surge in e-commerce activity is anticipated to boost the growth of the packaging coatings market. E-commerce involves various online transactions, including purchasing, selling, and digital payments. Packaging coatings enhance product durability, protection, and visual appeal, ensuring secure delivery during online transactions. For instance, in November 2023, the U.S. Census Bureau, part of the US Department of Commerce, reported that US retail e-commerce sales reached approximately $284.1 billion in Q3 2023, reflecting a 2.3% increase from Q2 2023. Therefore, the rapid growth of e-commerce is accelerating the expansion of the packaging coatings market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13896&type=smp

Which Businesses Are at the Forefront of Packaging Coatings Market Development?
Major companies operating in the packaging coatings market report are BASF SE, The Sherwin-Williams Company, Evonik Industries AG, PPG Industries Inc., Solvay S.A., Arkema S.A., Akzo Nobel N.V., Eastman Chemical Company, Nippon Paint Holdings Co. Ltd., Wacker Chemie AG, Masco Corporation, Kansai Paint Co. Ltd., RPM International Inc., DIC Corporation, The Lubrizol Corporation, Sun Coating Company, Axalta Coating Systems LLC, The Valspar Corporation, Hempel A/S, Toyo Ink SC Holdings Co. Ltd., Jotun, ALTANA AG, DAW SE, Siegwerk Druckfarben AG & Co. KGaA, T&K TOKA Co. Ltd., ColorMatrix Group, CROMOS TINTAS GRAFICAS S.A.

What Are the Latest Innovations in the Packaging Coatings Market?
Leading companies in the packaging coatings market are developing innovative, eco-friendly coating products such as oxygen barrier coatings to strengthen their industry presence. Oxygen barrier coatings are protective layers applied to packaging surfaces to reduce oxygen permeability, prolong shelf life, and maintain product freshness. For example, in March 2022, Hubergroup Print Solutions, a US-based provider of printing inks and coatings, launched HYDRO-LAC GA, an oxygen barrier coating for flexible food packaging. This coating forms a protective barrier on monomaterial film, supporting recyclability in packaging. Designed to offer high resistance to oxygen and water vapor, HYDRO-LAC GA ensures food freshness while enabling manufacturers to use pure monomaterial packaging, making it a sustainable option for protecting oxygen-sensitive foods like muesli and nuts.

How Is the Packaging Coatings Market Segmented?
The packaging coatings market covered in this report is segmented -

1) By Type: Epoxy Thermoset, Acrylics, Amino, Alkyd, Polyester, Vinyl Coating, Urethane, Phenolic, Polyurethane, Other Types
2) By Substrate: Metal, Glass, Paper, Plastic, Other Substrates
3) By Application: Containers, Caps And Closures, Cans, Aerosols And Tubes, Other Applications
4) By End-Use Industry: Food And Beverage, Consumer Product, Chemical, Paints And Coatings, Industrial Product, Semiconductor And Electronics, Other End-Use Industries

Subsegments:
1) By Epoxy Thermoset: Bisphenol A Epoxy Coatings, Novolac Epoxy Coatings, Cycloaliphatic Epoxy Coatings
2) By Acrylics: Waterborne Acrylic Coatings, Solvent-Borne Acrylic Coatings, UV-Cured Acrylic Coatings
3) By Amino: Urea-Formaldehyde Coatings, Melamine-Formaldehyde Coatings, Phenol-Formaldehyde Coatings
4) By Alkyd: Oil-Based Alkyd Coatings, Water-Based Alkyd Coatings, High-Solids Alkyd Coatings
5) By Polyester: Unsaturated Polyester Coatings, Saturated Polyester Coatings, Thermosetting Polyester Coatings
6) By Vinyl Coating: PVC Coatings, Vinyl Acetate Coatings, Vinyl Chloride Coatings
7) By Urethane: Aliphatic Urethane Coatings, Aromatic Urethane Coatings, Waterborne Urethane Coatings
8) By Phenolic: Novolac Phenolic Coatings, Resole Phenolic Coatings, Modified Phenolic Coatings
9) By Polyurethane: Flexible Polyurethane Coatings, Rigid Polyurethane Coatings, Waterborne Polyurethane Coatings
10) By Other Types: Silicone Coatings, Polyolefin Coatings, Fluoropolymer Coatings

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/packaging-coatings-global-market-report

Where Is the Packaging Coatings Market Growth Most Prominent?
Asia-Pacific was the largest region in the packaging coatings market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Packaging Coatings Global Market Report?

- Market Size Analysis: Analyze the Packaging Coatings Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Packaging Coatings Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Packaging Coatings Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Packaging Coatings Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13896

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.