Key Findings
Evolving demand of Packaging in Food and Beverages Industry imparts big Impetus to Packaging Coating Market Growth
The packaged food and beverages industry is one of the key end-use industries that has been influenced by the changing dynamics of the packaging coating market. The differing consumer demand for preservation of taste, aroma, and nutrition across a wide variety of food products has been defining product developments in the packaging coating market. Several prominent providers of packaging coating applications are engaged in extensively testing new technologies for food and beverages packaging. This has accelerated the development of better functional coatings for various types of packaging materials, such as improvements in acrylic coatings, which is fueling the expansion of the packaging coating market.
The end-use industry is projected to reach worth of US$400 Mn by the end of 2022 end, rising at a substantial CAGR. The segment is expected to garner the dominant revenue growth in the global packaging coating market. Meanwhile, the industrial product segment is prognosticated to garner the most attractive CAGR during 2017–2022.
Evolving Demand in Construction Industry to see New Varieties of Water-proof and Corrosion-resistant Packaging Coatings
A range of packaging coating is gaining popularity for meeting the needs for durability and resistance of architectural membranes in the building and construction industry. The rising demand for better packaging coatings that can impart protection for aluminum coils and steel materials is a notable factor bringing improved products in the packaging coatings market. The growing popularity of energy-efficient as well as aesthetically pleasing roofs for modern buildings is also fueling the expansion of the packaging coatings market. The growing use of metal roof coatings based on fluoropolymers to ensure the benefits of UV and chemical resistance is a promising development in the packaging coating market for the construction end-use industry. The rising use of thermoplastics in the construction machinery used such as power tools, gear wheels, and cupboard hinges is bolstering the uptake of protective packaging coating in the industry.
Apart from the extensive adoption of packaging coatings in the building and construction industry, the rising demand for coatings for semiconductor and electronics packaging is also making rapid strides. This is expected to open lucrative avenues in the packaging coating market. The demand in this end-use industry is also fueled by the advent of high-performance coatings, such as temperature-sensitive packaging coatings.
About the Report
The report titled “Packaging Coating Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022”, takes an incisive look at the various aspects of the dynamics of the global packaging coating market. Insights into the drivers and restraints, promising avenues, evolving needs of end-use industries, global competitive dynamics, and promising product launches in recent years are among the various aspects covered in the report on the global packaging coating market. The study offers a critical overview of the current outlook and future growth trajectories by making detailed estimations of the packaging coating market and its segments. Furthermore, the report offers projections of various segments which help shed light on emerging opportunities and the technology areas of packaging coating in which investors in various parts of the world will be interested. The demand dynamics of various coating types analyzed in the report include evaluation of prospects of acrylic coatings, epoxy coatings, fluoropolymer coating, plastisol coatings, plastisol coatings, and polyurethane coatings. The study takes a closer look at advances in various substrate types in the packaging coating market, such as metal can, PET bottles, glass, flexible plastic, rigid plastic, and liquid carton.
Market Definition
Over the past few decades, packaging has undergone several exciting transformations in end-use industries with respect to the broad functionality and aesthetics demands packaging applications are expected to meet. These shifts have been influenced by the changing demands for safety and protection for a variety of packaging types in various horizontal verticals, including food and beverages, consumer product, chemical packaging, paints and coating, semiconductor and electronics, and industrial product. The rapid evolution made by the packaging coating market is increasingly underpinned by these changes. The advent of new packaging coating technologies and emerging needs of end-use industry verticals will present new avenues in the packaging coating market.
Additional Questions Answered
The analyses in the report are aimed at offering clear and uncluttered views and evidence-based insights on pertinent aspects of the evolution trajectories of the packaging coatings market. Some of the crucial questions the research shines light on are:
- What trends are expected to subsist the burgeoning demand for acrylic type in the packaging coatings market?
- What are the trends that will bolster the uptake of packaging coatings in the food and beverages industry?
- Which new developments and innovations in the packaging in the food and beverages sector will contribute to lucrative avenues in the packaging coating market?
- Among the various packaging types, what are the factors that will keep flexible plastics demand relatively higher in the global packaging coatings market?
Assessment of Strategic Landscape of Packaging Coating Market
Some of the prominent players who will garner increased attention of stakeholders over the coming years are Axalta Coating Systems, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries, BASF SE, Sherwin Williams, AkzoNobel, and PPG Industries.
The research report titled “Packaging Coating Market Forecast, Trend Analysis & Competition Tracking–Global Market insights 2017 to 2022”, include various assessments, estimations, and evaluation of the prospects of various trends and developments shaping the packaging coating market. The study offers projections of the global packaging coating market and segments, which include CAGRs and year-over-year forecasts 2012 - 2022, size and share of various segment with respect to regions, share of key regions. The study offers a granular assessment of various factors influencing the competitive dynamics of the packaging coating market. Furthermore, the analysis provides a broad overview of key strategies and measures adopted by various players to get a foothold in the packaging coating market. All the assessments, forecasts, and estimations are covered in 14 chapters of the study.
Chapter 1 – Executive Summary
The introductory chapter offers a concise summary of the packaging coatings market, and offers insights into its future trajectories and promising avenues. The summary includes insights into the prominent trends that might set off new forces of demand dynamics in the global packaging coating market. The analysis is an indispensable guide to the interested participants and stakeholders planning to capitalize on emerging avenues in the packaging coating market.
Chapter 2 - Outline of Global Packaging Coating Market
This section offers in-depth insight into the taxonomy of the packaging coating market and its size and forecasts during the historical period and forecast period respectively. The chapter offers a broad assessment of key dynamics of the packaging coating market, which notably include drivers and restraints, cost structure and pricing framework, and lucrative opportunities in various segments.
Chapter 3 – Coating Type Assessment and Forecasts of Global Packaging Coating Market
This section delves into various types of products in the packaging coating market and makes a detailed comparative evaluation of revenue and market shares based on different region. The projections include YoY growth figures of the segments such as acrylic coatings, epoxy coatings, fluoropolymer coating, plastisol coatings, plastisol coatings, and polyurethane coatings.
Chapter 4 – Packaging Type Assessment and Forecasts of Global Packaging Coating Market
This chapter looks at prospects of various coatings in various packaging types. It takes a closer look at revenue and the markets share of these types. Various types of packaging for which coatings can be used are analyzed, which include metal can, PET bottles, glass, flexible plastic, rigid plastic, and liquid carton.
Chapter 5 – End Use Assessment and Forecasts of Global Packaging Coating Market
The section of the report on the packaging coating market offers insight into the demand potential for coatings in various end- use industries. It takes a critical look at the factors that will support burgeoning demand for packaging coatings in industries such as food and beverages, consumer product, chemical packaging, paints and coating, semiconductor and electronics, and industrial product.
Chapter 6 – Coating Technology Assessment and Forecasts of Global Packaging Coating Market
In this section, the report takes a closer look at various coating technologies and evaluates the impact of recent advancements on the overall packaging coating market. The analysis sheds light on the role of key technologies in creating new avenues in the market. Key coating technology covered here are coil and sheet coating, roll coating, and spray coating.
Chapter 7 – Regional Assessment and Forecasts of Global Packaging Coating Market
This section of the report delves deeper into the various regional dynamics of the packaging coating market and offers granular assessment of the opportunities in various regional markets. It offers insight into factors bolstering the uptake of packaging coatings in each of the key regional markets for packaging coating. Various regions analyzed in the study are North America, Latin America, Asia Pacific excluding Japan (APEJ), Europe, Japan, and the Middle East and Africa (MEA).
Chapter 8 – North America Assessment and Forecasts of Global Packaging Coating Market
This section offers a critical assessment of the avenues in various parts of the North America packaging coating market. It assesses the demand for various coating types, packaging types, end use, and coating technologies in North America and role in fueling the expansion of the regional market. Key countries covered in the chapter comprise the U.S. and Canada.
Chapter 9 – Latin America Assessment and Forecasts of Global Packaging Coating Market
The chapter offers insights into the size and revenue share of the Latin America packaging coating market. Key countries analyzed in the chapter Argentina, Brazil, and Mexico.
Chapter 10 – Europe Assessment and Forecasts of Global Packaging Coating Market
This section delves deeper into the regional dynamics and prospects prevailing in the Europe packaging coating market. Various countries of the region analyzed here are the U.K., Germany, France, Spain, Italy, and the Nordics.
Chapter 11 – Japan Assessment and Forecasts of Global Packaging Coating Market
This part of the study highlights the key factors underpinning the attractiveness of the Japan packaging coating market. The section shines light on major changes in consumer preferences expected to influence the future growth of this regional market.
Chapter 12 – APEJ Assessment and Forecasts of Global Packaging Coating Market
The chapter offers in-depth insights into the current outlook of the APEJ packaging coating market and assesses end-use industry trends. The analysis also sheds light on potentially promising avenues in various economies of the regions and the factors that will support the burgeoning demand for packaging coatings. It also highlights recent product innovations in countries such as China, India, Malaysia, Thailand, Singapore, and Australia.
Chapter 13– MEA Assessment and Forecasts of Global Packaging Coating Market
The chapter offers in-depth evaluation of the various countries of MEA and their contribution to the global packaging coating market. Key countries analyzed here are GCC, South Africa, Nigeria, and Israel.
Chapter 14– Stakeholder Ecosystem and Competitive Landscape of Global Packaging Coating Market
The section offers a detailed profile of numerous players in the global packaging coating market and analyzes their shares. It takes a critical look at the prevailing and emerging forces of the strategic dynamics in various regions. Companies profiled include Dupont, Solvay, Nippon paint, Kansai Paints, Evonik, BASF SE, Axalta, Sherwin Williams, AkzoNobel, and PPG.
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Packaging Coating Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022