Packaging Coatings Industry Report 2026-2031 Market Size, Share Dynamics and Future Growth Opportunities

The global packaging coatings market is witnessing steady growth, driven by increasing demand for flexible packaging solutions and rapid expansion of the food & beverage industry. Packaging coatings play a crucial role in enhancing product protection, extending shelf life, and improving visual appeal.

According to a report published by Allied Market Research, the global packaging coatings market was valued at $3.2 billion in 2020 and is projected to reach $4.9 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

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Key Growth Drivers:

- Rising demand for flexible packaging coatings
- Growth in the food & beverage sector
- Increasing focus on product safety and shelf-life enhancement
- Rapid expansion of the global packaging industry

Market Restraints:

- Stringent environmental regulations on packaging safety
- Regulatory concerns related to certain coating materials

Opportunities:

- Technological advancements in eco-friendly and BPA-free coatings
- Growing industrial packaging applications
- Emerging markets in Asia-Pacific

Segment Insights:-

By Application:

- Food Cans dominated the market in 2020, accounting for more than one-fourth of total revenue.

- Growth driven by increasing demand for convenient, nutrient-dense canned food products.

- Industrial Packaging is expected to witness the fastest CAGR of 5.6%, owing to its critical role across production sites and supply chains.

By Type

Epoxy Thermoset held the largest share (over two-fifths) in 2020 due to:

Excellent thermal & mechanical properties

High dimensional stability

UV-Curable Coatings are projected to grow at the highest CAGR of 6.1%, driven by high-intensity UV curing technology and faster processing benefits.

Regional Outlook:-

Asia-Pacific dominated the market in 2020, accounting for nearly two-fifths of global revenue and is projected to grow at the fastest CAGR of 5.3% through 2030.

Key growth factors include:

- Rapid urbanization
- Industrial expansion
- Growing packaged food consumption

Europe and North America follow Asia-Pacific in market share.

Leading Market Players:

- Akzo Nobel N.V
- Axalta Coating Systems
- BASF SE
- Eastman Chemical Company
- Kemira
- PPG Industries, Inc.
- Sun Coating Company
- The Lubrizol Corporation
- The Sherwin-Williams Company
- Wacker Chemie AG

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.