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Metal Packaging Coatings Market: Sales Remain Highly Concentrated in Developed Regions

July 10, 2019 by Steve Blade  

The main objective of the Fact.MR report on metal packaging coatings market is to provide readers with unique and actionable insights on market scenario, market dynamics, demand generators, as well as important factors impeding growth of the metal packaging coatings market. The Fact.MR study provides readers with useful insights on lucrative opportunities for stakeholders, recent developments, and growth prospects of the metal packaging coatings market. Accurate and reliable qualitative and quantitative conclusions about the growth of the metal packaging coatings market are featured in the Fact.MR report on metal packaging coatings market.

The metal packaging coatings market banks on the growing shift from plastic to metal in the packaging industry. By 2018, the metal packaging coatings market is likely to envisage 3.8% y-o-y over 2017, according to a recent market study published by Fact.MR. The study remains bullish on positive growth of the metal packaging coatings market, as the use of metal packaging solutions has reached new heights in various industrial applications in the recent years.

Various indicators of growth such as value chain analysis, CAGR, supply chain analysis, and Y-o-Y growth are presented in the report, which elucidates the future prospects of the metal packaging coatings market with the help of various market dynamics such as market drivers, restraints, challenges, trends, and growth opportunities in the local metal packaging coatings markets. The market intelligence report provides information in a chapter-wise, seamless manner for the reader to get complete clarity of how the market is expanding across the globe

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Taxonomy

The comprehensive information featured in the Fact.MR report on metal packaging coatings market is divided into several segments for the understanding of readers. The metal packaging coatings market is segmented according to the resin types, process types, form types, product types, and regions.
The metal packaging coatings market divided into six sub-segments based on the types of resins used in metal packaging coatings – Acrylics, Fluoropolymers, Urethanes, Epoxy, Poly Alkyds, and Amines. Based on the process types, the metal packaging coatings market is segmented into thermal spraying, coil, electroplating, extrusion, and hot-dip.

Depending on types of metal packaging coatings forms, the metal packaging coatings market is segmented into two types – liquid metal packaging coatings and powder metal packaging coatings. The metal packaging coatings market is divided into six categories of product types – beverage cans, aerosol cans, food cans, bottles, drums & pails, and caps & closure.

According to leading geographical region and regional markets for metal packaging coatings, the global metal packaging coatings market is segmented into North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East & Africa (MEA).

Growing Importance of Packaging Aesthetics Trigger Demand for Metal Packaging Coatings for Decoration

The packaging industry is gaining momentum, which is mainly attributed to the increasing growth of the e-commerce sector, and demand for innovative packaging materials to improve sales of packaged goods has been on the rise ever since. Taking into account the positive impact of attractive packaging outlook on the purchasing decisions of consumers, players in the metal packaging coatings market are introducing innovative, decorative coatings for metal packaging solutions.

Metal packaging coatings market players are likely to introduce high-quality, durable, and safer metal decorating coatings and inks to enhance the outer appearance of packaging solutions. With growing awareness about how packaging design influences consumer behavior, demand for decorative inks and coatings for metal packaging is expected to drive a popular trend in the metal packaging coatings market in the foreseeable future.

 Key findings of the Fact.MR study that elucidate the market scenario and competitive environment in developed metal packaging coatings markets are,

  • Collectively, North America and Europe will account for over 55% volume share of the global market for metal packaging coatings market in 2018
  • Stringent regulations on the use of plastic in food packaging solutions are bolstering the use of metal packaging, which is mainly boosting the growth of metal packaging coatings market in these regions
  • Increasing use of steel and aluminum containers in packaging for human as well as pet food products in developed countries is

Competitive Landscape

The Fact.MR report provides comprehensive information about the leading players in the metal packaging coatings market in its competitive landscape segment. This chapter includes detailed information about each stakeholder in the metal packaging coatings market, and the information includes key financials, recent strategies, and SWOT analysis of each player in the metal packaging coatings market. The metal packaging coatings market players featured in the Fact.MR report include PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Co., RPM International Inc., Nippon Paint Holdings Co., Axalta Coating Systems, BASF Coatings GmbH, Kansai Paint Co. Ltd., Behr Process Corp., Benjamin Moore & Co., and Nippon Paint (USA).

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About Fact.MR

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