Packaging Coatings Market by Technology (Waterborne, Solventborne, Energy Curable, Digital), Resin (Polyurethane, Epoxy, Acrylic, Polyester), Application (Rigid, Flexible, Paper), Printing Process, End-use Industry - Global Forecast to 2029
The packaging coatings market is projected to grow from USD 4.21 billion in 2024 to USD 5.37 billion by 2029, at a CAGR of 5.0% between 2024 and 2029. Packaging coatings market in Asia-Pacific is growing at a fast pace because of various reasons such as Industrialization, urbanization and rising middle income consumers who are demanding packaged products from various industries including food & beverages, pharmaceuticals and personal care products. The increasing growth of e-commerce and retail companies in the region has increased the demand for protective packaging with high durability, and the growing consciousness of the consumer towards the environment has popularized green coating solutions. Now emerging as the largest market for packaging coatings, Asia Pacific boasts of a vast manufacturing industry, particularly in China, India, and SEA, together with growing investment in research & development of new products and meeting regulatory standards.
“The US, by country is forecasted to be the fastest growing packaging coatings market during the forecast period.”
The US leads the packaging coatings market, driven by its highly developed industrial infrastructure, rising demand for packaged goods, and access to cutting-edge technology. High-growth sectors such as food & beverages, pharmaceuticals, healthcare, and personal care contribute significantly to the demand for advanced coatings that not only protect and preserve products but also enhance their visual appeal and durability. Strict food safety regulations and environmental standards further propel innovation in high-performance and eco-friendly coatings. Additionally, the US benefits from a mature consumer base that values premium, aesthetically appealing packaging, which increases the overall value of packaging coatings across various industries.
“Middle East & Africa is likely to account for the second largest CAGR in packaging coatings market in terms of volume.”
Middle East & Africa region is the second fastest growing region in the packing coating market due to various reasons such as exponential growth of the food & beverages and consumer goods industries attributed to increased income per capita and changing customer preferences for packaged products. The region is also experiencing heightened growth of its industrial and manufacturing sectors, which in turn increases the need for packaging coatings that offer increased product life where the climate is unfavorable. In addition, the policies to diversify the economy of the gulf countries particularly in the area of retail health care and infrastructural developments are resulting in call for better packaged products. New environmental regulations and product safety requirements are also shown to be the force behind innovation in enhanced sustainable and high-performance coatings in the region.
Interviews:
Research Coverage:
The packaging coatings market has been segmented based on technology (Waterborne Coatings, Solvent-borne Coatings, Energy Curable (UV/EB) Coatings, Digital Inkjet Coatings, Other Technologies), resin type (Polyurethane, Acrylic, Epoxy, Polyester, and Other Resin Types), application (Rigid Packaging, Flexible Packaging, and Paper Packaging), printing process (Flexography, Gravure, Digital, Lithography, and Other Printing Process), End-use Industry (Food & Beverage, Medical & Pharma, Industrial Goods, and Other Industries) and by Region (Asia Pacific, North America, Europe, Middle East & Africa, and South America).
This report provides insights on the following pointers:
“The US, by country is forecasted to be the fastest growing packaging coatings market during the forecast period.”
The US leads the packaging coatings market, driven by its highly developed industrial infrastructure, rising demand for packaged goods, and access to cutting-edge technology. High-growth sectors such as food & beverages, pharmaceuticals, healthcare, and personal care contribute significantly to the demand for advanced coatings that not only protect and preserve products but also enhance their visual appeal and durability. Strict food safety regulations and environmental standards further propel innovation in high-performance and eco-friendly coatings. Additionally, the US benefits from a mature consumer base that values premium, aesthetically appealing packaging, which increases the overall value of packaging coatings across various industries.
“Middle East & Africa is likely to account for the second largest CAGR in packaging coatings market in terms of volume.”
Middle East & Africa region is the second fastest growing region in the packing coating market due to various reasons such as exponential growth of the food & beverages and consumer goods industries attributed to increased income per capita and changing customer preferences for packaged products. The region is also experiencing heightened growth of its industrial and manufacturing sectors, which in turn increases the need for packaging coatings that offer increased product life where the climate is unfavorable. In addition, the policies to diversify the economy of the gulf countries particularly in the area of retail health care and infrastructural developments are resulting in call for better packaged products. New environmental regulations and product safety requirements are also shown to be the force behind innovation in enhanced sustainable and high-performance coatings in the region.
Interviews:
- By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
- By Designation: C Level – 21%, D Level – 23%, and Others – 56%
- By Region: North America – 37%, Europe – 26%, Asia Pacific – 23%, and South America – 4%, Middle East & Africa – 10%
Research Coverage:
The packaging coatings market has been segmented based on technology (Waterborne Coatings, Solvent-borne Coatings, Energy Curable (UV/EB) Coatings, Digital Inkjet Coatings, Other Technologies), resin type (Polyurethane, Acrylic, Epoxy, Polyester, and Other Resin Types), application (Rigid Packaging, Flexible Packaging, and Paper Packaging), printing process (Flexography, Gravure, Digital, Lithography, and Other Printing Process), End-use Industry (Food & Beverage, Medical & Pharma, Industrial Goods, and Other Industries) and by Region (Asia Pacific, North America, Europe, Middle East & Africa, and South America).
This report provides insights on the following pointers:
- Analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the packaging coatings market.
- Product Development/Innovation: Detailed insight into upcoming technologies, research & development activities, and new product launches in the packaging coatings market.
- Market Development: Comprehensive information about markets – the report analyses the packaging coatings market across varied regions.
- Market Diversification: Exclusive information about the new products & services untapped geographies, recent developments, and investments in the packaging coatings market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like The Sherwin-Williams Company (US), PPG Industries, Inc. (US), AkzoNobel N.V. (The Netherlands), Altana Group (Germany), Axalta Coating Systems, LLC (US), DIC Corporation (Japan), and Stahl Holdings B.V. (The Netherlands) among other in the packaging coatings market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 DEFINITION AND INCLUSIONS, BY TECHNOLOGY
1.3.4 DEFINITION AND INCLUSIONS, BY RESIN TYPE
1.3.5 DEFINITION AND INCLUSIONS, BY APPLICATION
1.3.6 DEFINITION AND INCLUSIONS, BY PRINTING PROCESS
1.3.7 DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
1.3.8 YEARS CONSIDERED
1.3.9 CURRENCY CONSIDERED
1.3.10 UNITS CONSIDERED
1.4 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.1.2.3 Key primary participants
2.1.2.4 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET FORECAST APPROACH
2.3.1 SUPPLY-SIDE FORECAST
2.3.2 DEMAND-SIDE FORECAST
2.4 FACTOR ANALYSIS
2.5 DATA TRIANGULATION
2.6 ASSUMPTIONS
2.7 LIMITATIONS
2.8 GROWTH FORECAST
2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PACKAGING COATINGS MARKET
4.2 PACKAGING COATINGS MARKET, BY APPLICATION
4.3 ASIA PACIFIC PACKAGING COATINGS MARKET, BY END-USE INDUSTRY AND COUNTRY
4.4 PACKAGING COATINGS MARKET: DEVELOPED VS. EMERGING ECONOMIES
4.5 PACKAGING COATINGS MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Strong growth of food & beverage packaging industry
5.2.1.2 Expansion of E-commerce sector
5.2.1.3 Growing demand for sustainable packaging
5.2.2 RESTRAINTS
5.2.2.1 Volatility in raw material prices
5.2.3 OPPORTUNITIES
5.2.3.1 Collaboration and partnerships with prominent
packaging manufacturers
5.2.3.2 Advancements in technology and eco-friendly packaging
5.2.4 CHALLENGES
5.2.4.1 Stringent environmental regulations
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.4.2 BUYING CRITERIA
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST
5.5.2 TRENDS IN PACKAGING INDUSTRY
5.5.3 TRENDS IN GLOBAL FOOD & BEVERAGE INDUSTRY
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN ANALYSIS
6.2 PRICING ANALYSIS
6.2.1 AVERAGE SELLING PRICE TREND, BY REGION
6.2.2 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY
6.2.3 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
6.2.4 AVERAGE SELLING PRICE TREND, BY APPLICATION
6.2.5 AVERAGE SELLING PRICE TREND, BY PRINTING PROCESS
6.2.6 AVERAGE SELLING PRICE TREND, BY END USE INDUSTRY
6.2.7 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
6.3 TRADE ANALYSIS
6.3.1 EXPORT SCENARIO (HS CODE 3209)
6.3.2 IMPORT SCENARIO (HS CODE 3209)
6.4 REGULATORY LANDSCAPE
6.4.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
6.4.2 REGULATORY FRAMEWORK
6.4.2.1 Regulations impacting packaging coatings business
6.4.2.2 European Union's Single-Use Plastics Directive
6.4.2.3 Registration, Evaluation, Authorisation and Restriction
of Chemicals (REACH)
6.4.2.4 US Environmental Protection Agency (EPA) Regulations on
VOC Emissions
6.4.2.5 China's Green Packaging Standards
6.4.2.6 Global Plastic Waste Reduction Policies
6.4.2.7 Sustainable Development Goals (SDGs) and
Corporate ESG Reporting
6.5 ECOSYSTEM ANALYSIS
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7 INVESTMENT AND FUNDING SCENARIO
6.8 PATENT ANALYSIS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Waterborne coatings
6.9.1.2 Solventborne coatings
6.9.1.3 Energy curable (UV/EB) coatings
6.9.2 COMPLIMENTARY TECHNOLOGIES
6.9.2.1 Thermal coatings
6.9.3 ADJACENT TECHNOLOGIES
6.9.3.1 Antimicrobial coatings
6.9.3.2 Nanocoatings
6.10 IMPACT OF AI/GENERATIVE AI (GENAI) ON PACKAGING COATINGS MARKET
6.11 MACROECONOMIC OUTLOOK IMPACTING MARKET GROWTH
6.11.1 RUSSIA–UKRAINE WAR
6.11.2 CHINA
6.11.2.1 Decreasing FDI conserving China’s growth trajectory
6.11.2.2 Environmental commitments
6.11.3 EUROPE
6.11.3.1 Energy crisis in Europe
6.11.4 CHOKEPOINTS THREATENING GLOBAL TRADE
6.11.5 OUTLOOK FOR CHEMICAL INDUSTRY
6.11.6 OPEC+ EXTENDS OIL OUTPUT CUTS INTO 2025
6.12 CASE STUDY ANALYSIS
6.12.1 BIO-BASED MATERIALS FOR BARRIER COATINGS ON PAPER PACKAGING
6.12.2 RECENT PROGRESS IN SUSTAINABLE BARRIER PAPER COATING FOR FOOD PACKAGING APPLICATIONS
6.12.3 POLYETHYLENE REPLACEMENT BARRIER COATINGS
6.13 KEY CONFERENCES AND EVENTS, 2024–2025
7 PACKAGING COATINGS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 WATERBORNE COATINGS
7.2.1 RISING DEMAND FOR RAPID AND EFFICIENT BONDING SOLUTIONS WITH BLEND OF SUSTAINABILITY
7.3 SOLVENTBORNE COATINGS
7.3.1 HIGH DURABILITY AND PROMINENT USAGE IN MULTIFARIOUS
END-USE INDUSTRIES
7.4 ENERGY CURABLE (UV/EB) COATINGS
7.4.1 TECHNOLOGY ADVANCEMENT AND SUSTAINABLE
APPROACH DRIVING MARKET
7.5 DIGITAL INKJET COATINGS
7.5.1 CUSTOMIZATION, EFFICIENCY, AND SUSTAINABILITY
7.6 OTHER TECHNOLOGIES
7.6.1 CO-EXTRUSION
7.6.2 THERMAL COATINGS
8 PACKAGING COATINGS MARKET, BY RESIN TYPE
8.1 INTRODUCTION
8.2 POLYURETHANE
8.2.1 DEMAND FOR SUSTAINABLE AND HIGH-PERFORMANCE
PACKAGING SOLUTIONS
8.3 ACRYLIC
8.3.1 EXCEPTIONAL UV RESISTANCE AND SUPERIOR
PERFORMANCE CHARACTERISTICS
8.4 EPOXY
8.4.1 EXCELLENT ADHESION, CHEMICAL RESISTANCE, AND DURABILITY
8.5 POLYESTER
8.5.1 COMBINATION OF DURABILITY, CHEMICAL RESISTANCE, AND FLEXIBILITY
8.6 OTHER RESIN TYPES
9 PACKAGING COATINGS MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 RIGID PACKAGING
9.2.1 RISING DEMAND IN FOOD & BEVERAGE AND MEDICAL INDUSTRIES
9.2.2 GLASS
9.2.3 METAL
9.3 FLEXIBLE PACKAGING
9.3.1 RISING USE IN MULTIFARIOUS APPLICATIONS
9.3.2 PLASTIC
9.4 PAPER PACKAGING
9.4.1 SUSTAINABILITY AND HIGH DEMAND IN NORTH AMERICA AND EUROPE
10 PACKAGING COATINGS MARKET, BY PRINTING PROCESS
10.1 INTRODUCTION
10.2 FLEXOGRAPHY
10.2.1 INCREASING DEMAND IN EMERGING ECONOMIES
10.3 GRAVURE
10.3.1 HIGH-RESOLUTION IMAGES AND CONSISTENT INK DENSITY
10.4 DIGITAL
10.4.1 HIGH-QUALITY GRAPHICS AND PRECISION
10.5 LITHOGRAPHY
10.5.1 ADVANCEMENTS IN MEDICAL SECTOR
10.6 OTHER PRINTING PROCESSES
11 PACKAGING COATINGS MARKET, BY END-USE INDUSTRY
11.1 INTRODUCTION
11.2 FOOD & BEVERAGE
11.2.1 SUSTAINABILITY AND NEW TECHNOLOGY ADVANCEMENT
11.2.2 FOOD & BEVERAGE INDUSTRY OUTLOOK
11.2.3 NOTABLE TRANSACTIONS IN FOOD & BEVERAGE SECTOR
11.3 MEDICAL & PHARMA
11.3.1 RISING GOVERNMENT SPENDING ON PHARMA & MEDICAL INDUSTRY
11.4 INDUSTRIAL GOODS
11.4.1 ADVANCEMENTS IN MEDICAL SECTOR
11.5 OTHER END-USE INDUSTRIES
12 PACKAGING COATINGS MARKET, BY REGION
12.1 INTRODUCTION
12.2 EUROPE
12.2.1 GERMANY
12.2.1.1 Rising innovations and digitalization in food & beverage sector
12.2.2 UK
12.2.2.1 Rising demand for high-precision and durable healthcare products
12.2.3 FRANCE
12.2.3.1 High focus on innovation and R&D in medical and food industries
12.2.4 ITALY
12.2.4.1 Growth of multiple end-use industries
12.2.5 BELGIUM
12.2.5.1 Growth in pharma sector increasing demand
12.2.6 SPAIN
12.2.6.1 Rising imports and exports propelling market
12.2.7 TЬRKIYE
12.2.7.1 Increasing need for product protection and sustainability
across various sectors
12.3 ASIA PACIFIC
12.3.1 CHINA
12.3.1.1 Rising e-commerce and high import activity
12.3.2 INDIA
12.3.2.1 Growth in pharma industry to fuel demand
12.3.3 JAPAN
12.3.3.1 High demand for food & beverage packaging
12.3.4 SOUTH KOREA
12.3.4.1 Increasing demand for packaged food and blister packaging
in food industry
12.3.5 MALAYSIA
12.3.5.1 Booming manufacturing and industrial goods demand
12.4 NORTH AMERICA
12.4.1 US
12.4.1.1 High economic growth to fuel demand
12.4.2 CANADA
12.4.2.1 Growth of food & beverage sector
12.4.3 MEXICO
12.4.3.1 Growing electric vehicle (EV) market
12.5 MIDDLE EAST & AFRICA
12.5.1 GCC COUNTRIES
12.5.1.1 Saudi Arabia
12.5.1.1.1 Rising packaged food demand driving market
12.5.1.2 UAE
12.5.1.2.1 Rising import and export fueling demand for packaging
12.5.2 SOUTH AFRICA
12.5.2.1 Rising demand for medical and pharma packaging
12.6 SOUTH AMERICA
12.6.1 BRAZIL
12.6.1.1 Expanding industrial sector
12.6.2 ARGENTINA
12.6.2.1 Rising demand for multifarious industries
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024
13.3 MARKET SHARE ANALYSIS, 2023
13.4 REVENUE ANALYSIS, 2021–2023
13.5 COMPANY VALUATION AND FINANCIAL METRICS
13.6 BRAND/PRODUCT COMPARISON
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.7.1 STARS
13.7.2 EMERGING LEADERS
13.7.3 PERVASIVE PLAYERS
13.7.4 PARTICIPANTS
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.7.5.1 Company footprint
13.7.5.2 Technology footprint
13.7.5.3 Resin type footprint
13.7.5.4 Application footprint
13.7.5.5 Printing process footprint
13.7.5.6 End-use industry footprint
13.7.5.7 Region footprint
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.8.1 PROGRESSIVE COMPANIES
13.8.2 RESPONSIVE COMPANIES
13.8.3 DYNAMIC COMPANIES
13.8.4 STARTING BLOCKS
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.8.5.1 List of key startups/SMEs
13.8.5.2 Competitive benchmarking of key startups/SMEs
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES
13.9.2 DEALS
13.9.3 EXPANSIONS
13.9.4 OTHER DEVELOPMENTS
14 COMPANY PROFILES
14.1 KEY PLAYERS
14.1.1 THE SHERWIN-WILLIAMS COMPANY
14.1.1.1 Business overview
14.1.1.2 Products/Solutions/Services offered
14.1.1.3 Recent developments
14.1.1.3.1 Expansions
14.1.1.4 MnM view
14.1.1.4.1 Right to win
14.1.1.4.2 Strategic choices
14.1.1.4.3 Weaknesses and competitive threats
14.1.2 PPG INDUSTRIES, INC.
14.1.2.1 Business overview
14.1.2.2 Products/Solutions/Services offered
14.1.2.3 Recent developments
14.1.2.3.1 Product launches
14.1.2.3.2 Expansions
14.1.2.4 MnM view
14.1.2.4.1 Right to win
14.1.2.4.2 Strategic choices
14.1.2.4.3 Weaknesses and competitive threats
14.1.3 AKZONOBEL N.V.
14.1.3.1 Business overview
14.1.3.2 Products/Solutions/Services offered
14.1.3.3 Recent developments
14.1.3.3.1 Product launches
14.1.3.3.2 Expansions
14.1.3.4 MnM view
14.1.3.4.1 Right to win
14.1.3.4.2 Strategic choices
14.1.3.4.3 Weaknesses and competitive threats
14.1.4 ALTANA GROUP
14.1.4.1 Business overview
14.1.4.2 Products/Solutions/Services offered
14.1.4.3 Recent developments
14.1.4.3.1 Expansions
14.1.4.3.2 Other developments
14.1.4.4 MnM view
14.1.4.4.1 Right to win
14.1.4.4.2 Strategic choices
14.1.4.4.3 Weaknesses and competitive threats
14.1.5 AXALTA COATING SYSTEMS, LLC
14.1.5.1 Business overview
14.1.5.2 Products/Solutions/Services offered
14.1.5.3 MnM view
14.1.5.3.1 Right to win
14.1.5.3.2 Strategic choices
14.1.5.3.3 Weaknesses and competitive threats
14.1.6 STAHL HOLDINGS B.V.
14.1.6.1 Business overview
14.1.6.2 Products/Solutions/Services offered
14.1.6.3 Recent developments
14.1.6.3.1 Deals
14.1.7 DIC CORPORATION (SUN CHEMICAL)
14.1.7.1 Business overview
14.1.7.2 Products/Solutions/Services offered
14.1.8 KANSAI PAINT CO., LTD.
14.1.8.1 Business overview
14.1.8.2 Products/Solutions/Services offered
14.1.8.3 Recent developments
14.1.8.3.1 Deals
14.1.9 ASIAN PAINTS LIMITED
14.1.9.1 Business overview
14.1.9.2 Products/Solutions/Services offered
14.1.10 BERGER PAINTS INDIA LTD.
14.1.10.1 Business overview
14.1.10.2 Products/Solutions/Services offered
14.2 OTHER PLAYERS
14.2.1 MICHELMAN, INC.
14.2.1.1 Products/Solutions/Services offered
14.2.2 VPL COATINGS GMBH & CO KG
14.2.2.1 Products/Solutions/Services offered
14.2.3 PULSE PRINTING PRODUCTS
14.2.3.1 Products/Solutions/Services offered
14.2.4 NORTHERN COATINGS AND CHEMICAL CO.
14.2.4.1 Products/Solutions/Services offered
14.2.5 ENDURA® COATINGS
14.2.5.1 Products/Solutions/Services offered
14.3 RAW MATERIAL SUPPLIERS
14.3.1 ALLNEX GMBH
14.3.1.1 Products/Solutions/Services offered
14.3.2 KUPSA COATINGS
14.3.2.1 Products/Solutions/Services offered
14.3.3 LEUNA-HARZE GMBH
14.3.3.1 Products/Solutions/Services offered
14.3.4 ALCHEMIE LTD.
14.3.4.1 Products/Solutions/Services offered
14.3.5 EPODEX
14.3.5.1 Products/Solutions/Services offered
14.3.6 TOTALBOAT
14.3.6.1 Products/Solutions/Services offered
14.3.7 ORSON RESINS AND COATINGS PRIVATE LIMITED
14.3.7.1 Products/Solutions/Services offered
14.3.8 GELLNER INDUSTRIAL, LLC
14.3.8.1 Products/Solutions/Services offered
14.3.9 MACRO POLYMER
14.3.9.1 Products/Solutions/Services offered
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 WATER-BASED BARRIER COATINGS MARKET
15.2.1 MARKET DEFINITION
15.2.2 WATER-BASED BARRIER COATINGS: MARKET OVERVIEW
15.2.3 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY COMPONENT
15.2.4 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY BARRIER TYPE
15.2.5 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY SUBSTRATE
15.2.6 WATER-BASED BARRIER COATINGS MARKET ANALYSIS,
BY END-USE INDUSTRY
15.2.7 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY REGION
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 DEFINITION AND INCLUSIONS, BY TECHNOLOGY
1.3.4 DEFINITION AND INCLUSIONS, BY RESIN TYPE
1.3.5 DEFINITION AND INCLUSIONS, BY APPLICATION
1.3.6 DEFINITION AND INCLUSIONS, BY PRINTING PROCESS
1.3.7 DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
1.3.8 YEARS CONSIDERED
1.3.9 CURRENCY CONSIDERED
1.3.10 UNITS CONSIDERED
1.4 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.1.2.3 Key primary participants
2.1.2.4 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET FORECAST APPROACH
2.3.1 SUPPLY-SIDE FORECAST
2.3.2 DEMAND-SIDE FORECAST
2.4 FACTOR ANALYSIS
2.5 DATA TRIANGULATION
2.6 ASSUMPTIONS
2.7 LIMITATIONS
2.8 GROWTH FORECAST
2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PACKAGING COATINGS MARKET
4.2 PACKAGING COATINGS MARKET, BY APPLICATION
4.3 ASIA PACIFIC PACKAGING COATINGS MARKET, BY END-USE INDUSTRY AND COUNTRY
4.4 PACKAGING COATINGS MARKET: DEVELOPED VS. EMERGING ECONOMIES
4.5 PACKAGING COATINGS MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Strong growth of food & beverage packaging industry
5.2.1.2 Expansion of E-commerce sector
5.2.1.3 Growing demand for sustainable packaging
5.2.2 RESTRAINTS
5.2.2.1 Volatility in raw material prices
5.2.3 OPPORTUNITIES
5.2.3.1 Collaboration and partnerships with prominent
packaging manufacturers
5.2.3.2 Advancements in technology and eco-friendly packaging
5.2.4 CHALLENGES
5.2.4.1 Stringent environmental regulations
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.4.2 BUYING CRITERIA
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST
5.5.2 TRENDS IN PACKAGING INDUSTRY
5.5.3 TRENDS IN GLOBAL FOOD & BEVERAGE INDUSTRY
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN ANALYSIS
6.2 PRICING ANALYSIS
6.2.1 AVERAGE SELLING PRICE TREND, BY REGION
6.2.2 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY
6.2.3 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
6.2.4 AVERAGE SELLING PRICE TREND, BY APPLICATION
6.2.5 AVERAGE SELLING PRICE TREND, BY PRINTING PROCESS
6.2.6 AVERAGE SELLING PRICE TREND, BY END USE INDUSTRY
6.2.7 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
6.3 TRADE ANALYSIS
6.3.1 EXPORT SCENARIO (HS CODE 3209)
6.3.2 IMPORT SCENARIO (HS CODE 3209)
6.4 REGULATORY LANDSCAPE
6.4.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
6.4.2 REGULATORY FRAMEWORK
6.4.2.1 Regulations impacting packaging coatings business
6.4.2.2 European Union's Single-Use Plastics Directive
6.4.2.3 Registration, Evaluation, Authorisation and Restriction
of Chemicals (REACH)
6.4.2.4 US Environmental Protection Agency (EPA) Regulations on
VOC Emissions
6.4.2.5 China's Green Packaging Standards
6.4.2.6 Global Plastic Waste Reduction Policies
6.4.2.7 Sustainable Development Goals (SDGs) and
Corporate ESG Reporting
6.5 ECOSYSTEM ANALYSIS
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7 INVESTMENT AND FUNDING SCENARIO
6.8 PATENT ANALYSIS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Waterborne coatings
6.9.1.2 Solventborne coatings
6.9.1.3 Energy curable (UV/EB) coatings
6.9.2 COMPLIMENTARY TECHNOLOGIES
6.9.2.1 Thermal coatings
6.9.3 ADJACENT TECHNOLOGIES
6.9.3.1 Antimicrobial coatings
6.9.3.2 Nanocoatings
6.10 IMPACT OF AI/GENERATIVE AI (GENAI) ON PACKAGING COATINGS MARKET
6.11 MACROECONOMIC OUTLOOK IMPACTING MARKET GROWTH
6.11.1 RUSSIA–UKRAINE WAR
6.11.2 CHINA
6.11.2.1 Decreasing FDI conserving China’s growth trajectory
6.11.2.2 Environmental commitments
6.11.3 EUROPE
6.11.3.1 Energy crisis in Europe
6.11.4 CHOKEPOINTS THREATENING GLOBAL TRADE
6.11.5 OUTLOOK FOR CHEMICAL INDUSTRY
6.11.6 OPEC+ EXTENDS OIL OUTPUT CUTS INTO 2025
6.12 CASE STUDY ANALYSIS
6.12.1 BIO-BASED MATERIALS FOR BARRIER COATINGS ON PAPER PACKAGING
6.12.2 RECENT PROGRESS IN SUSTAINABLE BARRIER PAPER COATING FOR FOOD PACKAGING APPLICATIONS
6.12.3 POLYETHYLENE REPLACEMENT BARRIER COATINGS
6.13 KEY CONFERENCES AND EVENTS, 2024–2025
7 PACKAGING COATINGS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 WATERBORNE COATINGS
7.2.1 RISING DEMAND FOR RAPID AND EFFICIENT BONDING SOLUTIONS WITH BLEND OF SUSTAINABILITY
7.3 SOLVENTBORNE COATINGS
7.3.1 HIGH DURABILITY AND PROMINENT USAGE IN MULTIFARIOUS
END-USE INDUSTRIES
7.4 ENERGY CURABLE (UV/EB) COATINGS
7.4.1 TECHNOLOGY ADVANCEMENT AND SUSTAINABLE
APPROACH DRIVING MARKET
7.5 DIGITAL INKJET COATINGS
7.5.1 CUSTOMIZATION, EFFICIENCY, AND SUSTAINABILITY
7.6 OTHER TECHNOLOGIES
7.6.1 CO-EXTRUSION
7.6.2 THERMAL COATINGS
8 PACKAGING COATINGS MARKET, BY RESIN TYPE
8.1 INTRODUCTION
8.2 POLYURETHANE
8.2.1 DEMAND FOR SUSTAINABLE AND HIGH-PERFORMANCE
PACKAGING SOLUTIONS
8.3 ACRYLIC
8.3.1 EXCEPTIONAL UV RESISTANCE AND SUPERIOR
PERFORMANCE CHARACTERISTICS
8.4 EPOXY
8.4.1 EXCELLENT ADHESION, CHEMICAL RESISTANCE, AND DURABILITY
8.5 POLYESTER
8.5.1 COMBINATION OF DURABILITY, CHEMICAL RESISTANCE, AND FLEXIBILITY
8.6 OTHER RESIN TYPES
9 PACKAGING COATINGS MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 RIGID PACKAGING
9.2.1 RISING DEMAND IN FOOD & BEVERAGE AND MEDICAL INDUSTRIES
9.2.2 GLASS
9.2.3 METAL
9.3 FLEXIBLE PACKAGING
9.3.1 RISING USE IN MULTIFARIOUS APPLICATIONS
9.3.2 PLASTIC
9.4 PAPER PACKAGING
9.4.1 SUSTAINABILITY AND HIGH DEMAND IN NORTH AMERICA AND EUROPE
10 PACKAGING COATINGS MARKET, BY PRINTING PROCESS
10.1 INTRODUCTION
10.2 FLEXOGRAPHY
10.2.1 INCREASING DEMAND IN EMERGING ECONOMIES
10.3 GRAVURE
10.3.1 HIGH-RESOLUTION IMAGES AND CONSISTENT INK DENSITY
10.4 DIGITAL
10.4.1 HIGH-QUALITY GRAPHICS AND PRECISION
10.5 LITHOGRAPHY
10.5.1 ADVANCEMENTS IN MEDICAL SECTOR
10.6 OTHER PRINTING PROCESSES
11 PACKAGING COATINGS MARKET, BY END-USE INDUSTRY
11.1 INTRODUCTION
11.2 FOOD & BEVERAGE
11.2.1 SUSTAINABILITY AND NEW TECHNOLOGY ADVANCEMENT
11.2.2 FOOD & BEVERAGE INDUSTRY OUTLOOK
11.2.3 NOTABLE TRANSACTIONS IN FOOD & BEVERAGE SECTOR
11.3 MEDICAL & PHARMA
11.3.1 RISING GOVERNMENT SPENDING ON PHARMA & MEDICAL INDUSTRY
11.4 INDUSTRIAL GOODS
11.4.1 ADVANCEMENTS IN MEDICAL SECTOR
11.5 OTHER END-USE INDUSTRIES
12 PACKAGING COATINGS MARKET, BY REGION
12.1 INTRODUCTION
12.2 EUROPE
12.2.1 GERMANY
12.2.1.1 Rising innovations and digitalization in food & beverage sector
12.2.2 UK
12.2.2.1 Rising demand for high-precision and durable healthcare products
12.2.3 FRANCE
12.2.3.1 High focus on innovation and R&D in medical and food industries
12.2.4 ITALY
12.2.4.1 Growth of multiple end-use industries
12.2.5 BELGIUM
12.2.5.1 Growth in pharma sector increasing demand
12.2.6 SPAIN
12.2.6.1 Rising imports and exports propelling market
12.2.7 TЬRKIYE
12.2.7.1 Increasing need for product protection and sustainability
across various sectors
12.3 ASIA PACIFIC
12.3.1 CHINA
12.3.1.1 Rising e-commerce and high import activity
12.3.2 INDIA
12.3.2.1 Growth in pharma industry to fuel demand
12.3.3 JAPAN
12.3.3.1 High demand for food & beverage packaging
12.3.4 SOUTH KOREA
12.3.4.1 Increasing demand for packaged food and blister packaging
in food industry
12.3.5 MALAYSIA
12.3.5.1 Booming manufacturing and industrial goods demand
12.4 NORTH AMERICA
12.4.1 US
12.4.1.1 High economic growth to fuel demand
12.4.2 CANADA
12.4.2.1 Growth of food & beverage sector
12.4.3 MEXICO
12.4.3.1 Growing electric vehicle (EV) market
12.5 MIDDLE EAST & AFRICA
12.5.1 GCC COUNTRIES
12.5.1.1 Saudi Arabia
12.5.1.1.1 Rising packaged food demand driving market
12.5.1.2 UAE
12.5.1.2.1 Rising import and export fueling demand for packaging
12.5.2 SOUTH AFRICA
12.5.2.1 Rising demand for medical and pharma packaging
12.6 SOUTH AMERICA
12.6.1 BRAZIL
12.6.1.1 Expanding industrial sector
12.6.2 ARGENTINA
12.6.2.1 Rising demand for multifarious industries
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024
13.3 MARKET SHARE ANALYSIS, 2023
13.4 REVENUE ANALYSIS, 2021–2023
13.5 COMPANY VALUATION AND FINANCIAL METRICS
13.6 BRAND/PRODUCT COMPARISON
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.7.1 STARS
13.7.2 EMERGING LEADERS
13.7.3 PERVASIVE PLAYERS
13.7.4 PARTICIPANTS
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.7.5.1 Company footprint
13.7.5.2 Technology footprint
13.7.5.3 Resin type footprint
13.7.5.4 Application footprint
13.7.5.5 Printing process footprint
13.7.5.6 End-use industry footprint
13.7.5.7 Region footprint
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
13.8.1 PROGRESSIVE COMPANIES
13.8.2 RESPONSIVE COMPANIES
13.8.3 DYNAMIC COMPANIES
13.8.4 STARTING BLOCKS
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
13.8.5.1 List of key startups/SMEs
13.8.5.2 Competitive benchmarking of key startups/SMEs
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES
13.9.2 DEALS
13.9.3 EXPANSIONS
13.9.4 OTHER DEVELOPMENTS
14 COMPANY PROFILES
14.1 KEY PLAYERS
14.1.1 THE SHERWIN-WILLIAMS COMPANY
14.1.1.1 Business overview
14.1.1.2 Products/Solutions/Services offered
14.1.1.3 Recent developments
14.1.1.3.1 Expansions
14.1.1.4 MnM view
14.1.1.4.1 Right to win
14.1.1.4.2 Strategic choices
14.1.1.4.3 Weaknesses and competitive threats
14.1.2 PPG INDUSTRIES, INC.
14.1.2.1 Business overview
14.1.2.2 Products/Solutions/Services offered
14.1.2.3 Recent developments
14.1.2.3.1 Product launches
14.1.2.3.2 Expansions
14.1.2.4 MnM view
14.1.2.4.1 Right to win
14.1.2.4.2 Strategic choices
14.1.2.4.3 Weaknesses and competitive threats
14.1.3 AKZONOBEL N.V.
14.1.3.1 Business overview
14.1.3.2 Products/Solutions/Services offered
14.1.3.3 Recent developments
14.1.3.3.1 Product launches
14.1.3.3.2 Expansions
14.1.3.4 MnM view
14.1.3.4.1 Right to win
14.1.3.4.2 Strategic choices
14.1.3.4.3 Weaknesses and competitive threats
14.1.4 ALTANA GROUP
14.1.4.1 Business overview
14.1.4.2 Products/Solutions/Services offered
14.1.4.3 Recent developments
14.1.4.3.1 Expansions
14.1.4.3.2 Other developments
14.1.4.4 MnM view
14.1.4.4.1 Right to win
14.1.4.4.2 Strategic choices
14.1.4.4.3 Weaknesses and competitive threats
14.1.5 AXALTA COATING SYSTEMS, LLC
14.1.5.1 Business overview
14.1.5.2 Products/Solutions/Services offered
14.1.5.3 MnM view
14.1.5.3.1 Right to win
14.1.5.3.2 Strategic choices
14.1.5.3.3 Weaknesses and competitive threats
14.1.6 STAHL HOLDINGS B.V.
14.1.6.1 Business overview
14.1.6.2 Products/Solutions/Services offered
14.1.6.3 Recent developments
14.1.6.3.1 Deals
14.1.7 DIC CORPORATION (SUN CHEMICAL)
14.1.7.1 Business overview
14.1.7.2 Products/Solutions/Services offered
14.1.8 KANSAI PAINT CO., LTD.
14.1.8.1 Business overview
14.1.8.2 Products/Solutions/Services offered
14.1.8.3 Recent developments
14.1.8.3.1 Deals
14.1.9 ASIAN PAINTS LIMITED
14.1.9.1 Business overview
14.1.9.2 Products/Solutions/Services offered
14.1.10 BERGER PAINTS INDIA LTD.
14.1.10.1 Business overview
14.1.10.2 Products/Solutions/Services offered
14.2 OTHER PLAYERS
14.2.1 MICHELMAN, INC.
14.2.1.1 Products/Solutions/Services offered
14.2.2 VPL COATINGS GMBH & CO KG
14.2.2.1 Products/Solutions/Services offered
14.2.3 PULSE PRINTING PRODUCTS
14.2.3.1 Products/Solutions/Services offered
14.2.4 NORTHERN COATINGS AND CHEMICAL CO.
14.2.4.1 Products/Solutions/Services offered
14.2.5 ENDURA® COATINGS
14.2.5.1 Products/Solutions/Services offered
14.3 RAW MATERIAL SUPPLIERS
14.3.1 ALLNEX GMBH
14.3.1.1 Products/Solutions/Services offered
14.3.2 KUPSA COATINGS
14.3.2.1 Products/Solutions/Services offered
14.3.3 LEUNA-HARZE GMBH
14.3.3.1 Products/Solutions/Services offered
14.3.4 ALCHEMIE LTD.
14.3.4.1 Products/Solutions/Services offered
14.3.5 EPODEX
14.3.5.1 Products/Solutions/Services offered
14.3.6 TOTALBOAT
14.3.6.1 Products/Solutions/Services offered
14.3.7 ORSON RESINS AND COATINGS PRIVATE LIMITED
14.3.7.1 Products/Solutions/Services offered
14.3.8 GELLNER INDUSTRIAL, LLC
14.3.8.1 Products/Solutions/Services offered
14.3.9 MACRO POLYMER
14.3.9.1 Products/Solutions/Services offered
15 ADJACENT AND RELATED MARKETS
15.1 INTRODUCTION
15.2 WATER-BASED BARRIER COATINGS MARKET
15.2.1 MARKET DEFINITION
15.2.2 WATER-BASED BARRIER COATINGS: MARKET OVERVIEW
15.2.3 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY COMPONENT
15.2.4 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY BARRIER TYPE
15.2.5 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY SUBSTRATE
15.2.6 WATER-BASED BARRIER COATINGS MARKET ANALYSIS,
BY END-USE INDUSTRY
15.2.7 WATER-BASED BARRIER COATINGS MARKET ANALYSIS, BY REGION
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
