Lucintel Forecasts the Global Packaging Coating Market to reach $8,682 million by 2035
According to a market report by Lucintel, the future of the global packaging coating market looks promising with opportunities in the food & beverage, cosmetic, pharmaceutical, consumer electronic, and automotive component markets. The global packaging coating market is expected to reach an estimated $8,682 million by 2035 with a CAGR of 4.6% from 2026 to 2035. The major drivers for this market are the rising use of flexible packaging formats, the increasing demand for eco friendly packaging solutions, and the growing innovations in water based & UV coatings.A more than 150-page report to understand trends, opportunity and forecast in packaging coating market to 2035 by resin type (epoxy, polyester, acrylic, amino, vinyl, phenolic, polyurethane, and others), substrate type (metal, plastic, glass, and paper), end use (food & beverages, cosmetics, pharmaceuticals, consumer electronics, and automotive components), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the resin type category, acrylic is expected to witness higher growth over the forecast period due to the rising demand for durable and weather resistant coatings.
Within the end use category, food & beverage is expected to witness the highest growth due to the increasing packaged food and beverage consumption.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the rapid food processing industry expansion and urbanization.
Akzo Nobel N.V., PPG Industries, Axalta Coating Systems, RPM International, Altana AG, Sherwin-Williams Company, Kansai Paint are the major suppliers in the packaging coating market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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