Paint Packaging Market By Material (Metals, Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Others), By Product (Cans and Pails, Pouches, Bottles, Others), By End-Use Industry (Professional, Consumer): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global paint packaging market was valued at $20.6 billion in 2022, and is projected to reach $30.4 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.
Paints are widely used for shielding and protecting buildings and structures from environmental impacts and harsh weather conditions. Flexible packaging is used to preserve water-based paints, coatings, inks and wood preservation varnishes while minimizing product waste and the effect on the environment.
The surge in usage of product to protect the exterior surfaces of buildings from harsh weather conditions, availability of a wide spectrum of exterior paints, rise in need of packaging due to its advanced properties like tear puncture resistance, reusability, recyclability, and others, growth of the building and construction sector, rapid urbanization and growth in living standards of the consumers across the globe are some of the major as well as vital factors likely to augment the growth of the paint packaging market during the projected timeframe of 2023-2032. Rise in emphasis on high-quality products at low costs is projected to become the biggest and foremost challenge for the growth of the market.
The paint packaging market is divided on the basis of material, product, end-use industry, and region. On the basis of material, the market is classified into metals, polyethylene, polypropylene, polyethylene terephthalate, and others. On the basis of product, the market is segregated into cans and pails, pouches, bottles, and others. On the basis of end-use industry, the market is bifurcated into professional and consumer. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the global paint packaging market are Berry Global Inc., BWAY Corporation, Dow, Hitech Group, International Paper, KARSHNI PACKS PRIVATE LIMITED, Mold-Tek Packaging Ltd., Mondi, Smurfit Kappa and WestRock Company.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the paint packaging market analysis from 2022 to 2032 to identify the prevailing paint packaging market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the paint packaging market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global paint packaging market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy End-Use IndustryProfessional
Consumer
By MaterialMetals
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Others
By ProductCans and Pails
Pouches
Bottles
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Berry Global Inc.
Dow
Mold-Tek Packaging Ltd.
Smurfit Kappa
Hitech Group
BWAY Corporation
KARSHNI PACKS PRIVATE LIMITED
International Paper
Mondi
WestRock Company
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