Global Paint Packaging Market by End Use (Consumer, Professional), by Product (Pouches, Cans & Pails), by Material (Metals, Polyethylene) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

The global paint packaging market was valued at USD 21.2 billion in 2018, and is forecast to grow at a 4.3% CAGR over the forecast period. This market is driven by rising exterior paint consumption and increasing infrastructure spending.

A rising demand for exterior paint application has seen the paint packaging market boom. Exterior paints are increasingly being used to protect buildings' exterior surfaces from extreme weather conditions. These paints are not only popular for exterior walls but also serve as waterproofing agents. These paints are also in high demand due to the wide range of available exterior paints. This has helped increase the buildings' aesthetic appeal. These factors have led to the widespread application of packaging products around the world.

The U.S. market is driven by increasing demand for environmentally-friendly products that have low VOCs. Many prominent players in the paint industry have started to offer new products. This has led to increased demand for packaging containers. The U.S. has a growing demand for paint packaging products due to increasing industrial and construction spending.

The U.S. market is also driven by increasing paint imports and exports. The country exports paint products primarily to Canada, Mexico, and China. It imports a lot of paint products from Japan, Germany, and Germany. Efficiency packaging products are essential to protect the products during transit due to increased export and import activities. This has had a positive impact on the country's market growth.

Product Insights

Cans and pails accounted for 77.7% global market share in 2018. They are expected to maintain their position through the forecast period due to the rising popularity of aerosol cans and metal cans. Spray paint consumption has increased, resulting in large-scale can consumption around the world. Lightweight packaging is a key factor in the rising demand for cans and pails. Both metal cans as well as plastic cans are highly regarded in this industry for their distinct benefits.

The fastest growth rate for the Pouches segment is 5.4%, owing to the rising popularity of standup pouches. Segment growth has been aided by the abundance of polymeric raw material. For the production of pouches, polyethylene is the preferred material. Polyethylene is a preferred material for packaging pouches because it is easy to transport and can be transported safely.

Material Insights

In 2018, metals accounted for 45.8% global market share. This segment is forecast to grow at a 3.5% CAGR over the forecast period. The segment's growth has been aided by a higher demand for aerosol cans. PP segment will grow at the fastest pace over the forecast period due to increased demand for clearer packaging products.

The industry has seen an increase in the production and consumption PET bottles that are recyclable. These factors will drive demand for PET packaging products in the future. The segment is expected to benefit from the positive properties of polyethylene, such as its durability, flexibility, stain and moisture resistance, high insulation, and other benefits.

The most common metals used in packaging manufacturing are aluminum, steel, and Tin. There are many reasons metals are preferable to other plastic materials. Many paint manufacturers prefer metal packaging because of its toughness and long shelf life. Metal packaging containers are also easy to sterilize and offer industry-leading airtight packaging solutions.

End-Use Information

The largest segment by end-use in 2018 was professional, which accounted to 91.9% global market share. This segment will likely maintain its position in the future due to expanding paint application opportunities in the construction industry. The fastest growth rate is expected to be registered by the consumer segment, which will register a CAGR 5.5% over the forecast period. The segment will be driven by rising demand in interior design and decoration around the world over the forecast period.

Over the last few years, the market has seen a rise in demand for durable and tough containers that can hold a large amount of paint (professionals). Large format packaging containers, such as cans, pails and bag-in boxes, have been widely used around the world.

Unlike aesthetically-appealing packaging products/containers in consumer segment, packaging products under professional segment are preferred for their properties such as impact and chemical resistance. To make it easy to transport, these products come in a standard package. They are easy to stack and take up less space, making them safer for transport.

Regional Insights

Asia Pacific accounted for 52.9% in 2018 paint packaging market share. This is due to the rapid growth of the construction industry, primarily in China and India. The region has seen a rise in demand for industrial and architectural paints from these countries.

Due to the increasing emphasis on environmentally-friendly and sustainable paints, the European paint packaging market will experience significant growth in the future.

The high demand for aluminum cans will ensure that the Metals segment remains at the top of the North American market. Aerosol cans are a popular choice among the many types of cans used in this region. Key players in the paint industry prefer aerosol packaging because of its low cost and non-preservative packaging.

Paint Packaging Market Share insights

Global and domestic players are key to the global market. However, it is largely dominated by international/organized players such as Amcor Limited, Mondi Plc, Ball Corporation, Crown Holdings, Inc., Smurfit Kappa, RPC Superfos, and HUBER Packaging Group GmbH. A consolidated outlook is evident in the competitive market landscape.

Due to the increasing global reach of key market players, the market will continue to consolidate over the forecast period. The industry will see increased competition from the above players, which could lead to international buyers acquiring small and medium-sized domestic companies.

The industry's key players compete principally on the basis their products and services. Key players have used product differentiation as their main strategy. Key market players are focusing on manufacturing customized packaging containers to meet the advertising and promotional needs of their customers, as packaging is an integral part of the digital transformation concept.

You can also customize the packaging products' size and shape. Key players on the market offer products that are user-friendly, and can be easily transported from manufacturing to consumption. Containers, which are paint packaging products, can be used to stack in trucks and other modes of transport.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and analyzes the industry trends for each sub-segment between 2014 and 2025. Grand View Research has divided the global paint packaging market report by material, product, region, and end-use.

• Material Outlook (Revenue USD Million, 2014-2025)

  • Metals

  • Polyethylene (PE).

  • Polypropylene, (PP)

  • Polyethylene Terephthalate

  • Other

• Product Outlook (Revenue USD Million, 2014-2025)

  • Cans & Pails

  • Pouches

  • Bottles

  • Other

• End-Use Outlook (Revenue USD Million, 2014-2025)

  • For professionals

  • Consumer

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • UAE

Up Market Research published a new report titled “Paint Packaging Market research report which is segmented by End Use (Consumer, Professional), by Product (Pouches, Cans & Pails), by Material (Metals, Polyethylene), By Players/Companies Polyethylene Terephthalate (PET), Metals, Others, Polyethylene (PE), Material Outlook (Revenue USD Million 2014 - 2025)MetalsPolyethylene (PE)Polypropylene (PP)Polyethylene Terephthalate (PET)Others, Polypropylene (PP)”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Paint Packaging Market Report Segments:

The market is segmented by End Use (Consumer, Professional), by Product (Pouches, Cans & Pails), by Material (Metals, Polyethylene).

Paint Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Paint Packaging Market

Overview of the regional outlook of the Paint Packaging Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Paint Packaging Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Paint Packaging Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Consumer

                2. Professional

                1. Pouches

                2. Cans & Pails

                1. Metals

                2. Polyethylene

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Paint Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Paint Packaging Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.