Packaging Automation Solution Market by Component (Services, Software), Product Type (Automated Conveyors & Sorting Systems, Automated Packagers, Packaging Robots), Function, End-use - Global Forecast 2024-2030

Packaging Automation Solution Market by Component (Services, Software), Product Type (Automated Conveyors & Sorting Systems, Automated Packagers, Packaging Robots), Function, End-use - Global Forecast 2024-2030

The Packaging Coatings Market size was estimated at USD 4.57 billion in 2023 and expected to reach USD 4.88 billion in 2024, at a CAGR 6.86% to reach USD 7.28 billion by 2030.

Global Packaging Coatings MarketPackaging coatings are materials used in packaging consumer goods to provide a protective barrier around the product, keeping it safe during storage and shipment. The growing need for protective and robust protective coatings that can withstand the rigors of shipment and transport increases the demand for specialized packaging coatings across the eCommerce sector. Packaging coatings are also gaining popularity in flexible packaging due to their lightweight nature and recyclability characteristics, making the packaging material with superior barrier properties and more durable than traditional foil laminates. In addition, the food & beverage sector is adopting packaging coating solutions to protect the products from physical damage and prevent microbial growth, oxygen transmission, and other environmental factors. However, the adverse impacts and VOC emissions issues associated with packaging coatings limit the product penetration of packaging coatings. The ongoing material and process advancements with increasing investments in R&D are anticipated to augment the availability and demand for packaging coatings in the coming years.

Regional Insights

The packaging coatings market in Europe, the Middle East, and the African region is highly developing, with profound native packaging manufacturers transforming their product portfolio to add new and advanced sustainable packaging solutions. The accelerating growth in the food & beverage, pharmaceuticals, and personal care & cosmetics industries has expanded the need for packaging coatings to improve product promotional and safety characteristics. The significant expansion of the retail and eCommerce sector in Asia-Pacific and their growing adoption of flexible packaging practices to meet consumer demands are expected to create a platform for the packaging coatings market in the region. The supportive government standards for labeling and packaging food & beverage, pharmaceuticals, and cosmetic goods in the Americas have propelled the demand for packaging coatings in the region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Packaging Coatings Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Packaging Coatings Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Packaging Coatings Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Abril Industrial Waxes Ltd. by Höganäs AB, ACC Coatings, Akzo Nobel N.V., Allnex GMBH, Altana AG, Ampacet Corporation, Arkema Group, Avient Corporation, Axalta Coating Systems Ltd., BASF SE, Clariant AG, Croda International PLC, Daikin Industries, Ltd., DIC Corporation, Evonik Industries AG, Flint Group, Henkel AG & Co. KGaA, Jamestown Coating Technologies, Jotun A/S, Kansai Paint Co., Ltd., Kao Corporation, Lubrizol Corporation, Michelman, Inc., Munzing Chemie GmbH, Paramelt RMC B.V., PPG Industries, Inc., Sherwin-Williams Company, The Dow Chemical Company, and VPL Coatings GmbH & Co KG.

Market Segmentation & Coverage

This research report categorizes the Packaging Coatings Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
BPA Free
Epoxy Thermoset
Soft Touch UV-Curable & Urethane
Urethane
UV-Curable
Substrate
Flexible Packaging
Glass
Liquid Cartons
Metal
Paper-Based Containers
Rigid Plastic
Application
Aerosols & Tubes
Caps & Closures
Food & Beverage Cans
Industrial Packaging
Promotional Packaging
Specialty Packaging
End-User
Automotive
Consumer Electronics
Cosmetics
Food & Beverages
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Packaging Coatings Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Packaging Coatings Market?
3. What are the technology trends and regulatory frameworks in the Packaging Coatings Market?
4. What is the market share of the leading vendors in the Packaging Coatings Market?
5. Which modes and strategic moves are suitable for entering the Packaging Coatings Market?

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