Global Paint Packaging Market, By Material (Metal, Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Others), Product (Bag-In-Box, Pouches, Liquid Cartons, Paperboard Container, Pet Bottles, Cans, Others), End-User (Professional, Consumer), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Paint Packaging Market
Paint packaging market will expect to grow at a rate of 4.0% for the forecast period of 2021 to 2028. Paint packaging market report analyses the growth, which is currently being growing due to the increasing construction and infrastructure spending.
Paints are widely used for shielding and protecting the buildings and structures from environmental impacts and harsh weather conditions. Flexible packaging is used to preserve the water-based paints, coatings, inks and wood preservation varnishes while minimising product waste and the effect on the environment.
The growing usages of product to protect the exterior surfaces of buildings from harsh weather conditions, availability of a wide spectrum of exterior paints, rising 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 which will likely to augment the growth of the paint packaging market in the projected timeframe of 2021-2028. On the other hand, surging levels of investment in research and development activities along with changing consumer preferences towards innovative packaging which will further contribute by generating massive opportunities that will lead to the growth of the paint packaging market in the above mentioned projected timeframe.
Easy availability of product substitutes along with volatility in the prices of raw material which will likely to act as market restraints factor for the growth of the paint packaging in the above mentioned projected timeframe. Rising emphasis on high-quality products at low costs will become the biggest and foremost challenge for the growth of the market.
This paint packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on paint packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Paint Packaging Market Scope and Market Size
Paint packaging market is segmented on the basis of material, product and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the paint packaging market is segmented into metal, polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), and others. Metals segment will hold the largest share in the growth of the market due to the rising preferences towards the usages of aerosol cans.
- Based on product, the paint packaging market is segmented into bag-in-box, pouches, liquid cartons, paperboard container, pet bottles, cans, and others. Cans segment will hold the largest share in the growth of the market due to the rising popularity of metal cans along with increasing popularity of lightweight packaging.
- On the basis of end-user, the paint packaging market is segmented into professional, and consumer. Professional segment will hold the largest share in the growth of the market due to the rising scope of paints in construction industry.
Paint Packaging Market Country Level Analysis
Paint packaging market is analysed and market size, volume information is provided by country, material, product and end-user as referenced above.
The countries covered in the paint packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the paint packaging market due to the increasing consumption of industrial and architectural paints, growth of the construction industry along with increasing population with growing spending power of consumers in the region. North America region is expected to hold the largest growth rate in the paint packaging market during the forecast period of 2021-2028 due to the high consumption of aluminium cans along with rising preferences towards the usages of aerosol packaging owing to its benefits such as low cost of production and preservative-free packaging in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paint Packaging Market Share Analysis
Paint packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to paint packaging market.
The major players covered in the paint packaging market report are Mondi; BALL CORPORATION; Crown; Smurfit Kappa; Superfos; HUBER Packaging Group GmbH; BWAY Corporation; Dow; PLZ Aeroscience; The Sherwin-Williams Company; Asian Paints; Teknos Group; Beckers Group; PPG Industries, Inc.; Berger Paints India Limited; Silgan Plastics.; Berry Global Inc.; Hitech Group; Tech Pack; KARSHNI PACKS PRIVATE LIMITED; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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