Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Packaging Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Packaging Coatings Industry in 2024 and 2025?
The Packaging Coatings market has been witnessing a steady rise in its size. It expanded from $4.58 billion in 2024 to $4.78 billion in 2025, showing a compound annual growth rate (CAGR) of 4.2%.
What Is the Projected Market Size of the Packaging Coatings Market in 2029?
The Packaging Coatings market is projected to reach a size of $5.87 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.3%.
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What Are the Key Drivers of Packaging Coatings Market Growth?
The key Drivers in the packaging coatings market are:
• Rise of e-commerce activities
• Greater need for protection and durability in packaging
• Enhanced visual appeal offered by packaging coatings
• Importance of maintaining product integrity and presentation during e-commerce transactions
What Are the Primary Segmentation Categories in the Packaging Coatings Market?
The packaging coatingsmarket covered in this report is segmented –
1) By Type: Epoxy Thermoset, Acrylics, Amino, Alkyd, Polyester, Vinyl Coating, Urethane, Phenolic, Polyurethane, Other Types
2) By Substrate: Metal, Glass, Paper, Plastic, Other Substrates
3) By Application: Containers, Caps And Closures, Cans, Aerosols And Tubes, Other Applications
4) By End-Use Industry: Food And Beverage, Consumer Product, Chemical, Paints And Coatings, Industrial Product, Semiconductor And Electronics, Other End-Use Industries
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What Are the Major Trends Shaping the Packaging Coatings Market in 2025 and Beyond?
The key trends in the packaging coatings market are:
• Innovation in eco-friendly coating products such as oxygen barrier coatings.
• Focus on extending shelf life and preserving freshness of packaged products.
• Introduction of coatings that support more recyclable packaging.
• Emergence of sustainable solutions that protect oxygen-sensitive foods in recyclable packaging.
Who Are the Emerging Players in the Packaging Coatings Market?
The key players in the packaging coatings market are:
• BASF SE
• The Sherwin-Williams Company
• Evonik Industries AG
• PPG Industries Inc.
• Solvay S.A.
• Arkema S.A.
• Akzo Nobel N.V.
• Eastman Chemical Company
• Nippon Paint Holdings Co. Ltd.
• Wacker Chemie AG
• Masco Corporation
• Kansai Paint Co. Ltd.
• RPM International Inc.
• DIC Corporation
• The Lubrizol Corporation
• Sun Coating Company
• Axalta Coating Systems LLC
• The Valspar Corporation
• Hempel A/S
• Toyo Ink SC Holdings Co. Ltd.
• Jotun
• ALTANA AG
• DAW SE
• Siegwerk Druckfarben AG & Co. KGaA
• T&K TOKA Co. Ltd.
• ColorMatrix Group
• CROMOS TINTAS GRAFICAS S.A.
Which Regions Are Leading the Growth in the Global Packaging Coatings Market?
Asia-Pacific was the largest region in the packaging coatings market in 2024 and is expected to be the fastest-growing region in the forecast period
