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Barrier Coatings for Packaging Market Size

Report ID: GMI11767
Published Date: Oct 2024
Report Format: PDF

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Barrier Coatings for Packaging Market Size

The global barrier coatings for packaging market was valued at USD 12.3 billion in 2023 and is estimated to grow at a CAGR of over 10% from 2024 to 2032.

barrier coatings for packaging market

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The barrier coatings for packaging industry is embracing sustainability and innovation. Companies are creating eco-friendly solutions to meet consumer demands and comply with regulations. The growing food and beverage industry needs high-performance coatings to protect products during shipping, especially in e-commerce. New technologies are enabling smart packaging, improving functionality and consumer engagement. The industry is adapting to focus on sustainability, technology, and safety standards.

Barrier Coatings for Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Barrier Coatings for Packaging Market Size in 2023:	USD 12.3 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	10%
2024 – 2032 Value Projection:	USD 30 Billion
Historical Data for:	2021-2023
No. of Pages:	280
Tables, Charts & Figures:	350
Segments covered:	Type, Technology, Functionality, End-use Industry, Region
Growth Drivers:	Increasing demand for sustainable packaging Growth in the food and beverage industry E-commerce and online retail boom Stricter food safety and pharmaceutical packaging regulations
Pitfalls & Challenges:	Limited awareness and adoption of advanced coatings High production costs

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For instance, in September 2024, Solenis and Heidelberger Druckmaschinen AG have announced a collaboration aimed at developing environmentally friendly barrier coatings for paper packaging. This partnership focuses on integrating these coatings directly into the flexographic printing process, enhancing the sustainability and efficiency of packaging production.

Authors: Suraj Gujar , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for barrier coatings for packaging was valued at USD 12.3 billion in 2023 and is estimated to grow at a CAGR of over 10% from 2024 to 2032, driven by the increasing demand for high-performance coatings in the food and beverage industry.

The food and beverage segment dominated the market with a share of over 40% in 2023, driven by the rising demand for packaged foods and the need for coatings that preserve food quality and extend shelf life.

North America dominated the global market with a significant share of over 35% in 2023, driven by the demand for eco-friendly packaging and stringent regulations in the U.S.

Major players in the industry include Amcor, Avery Dennison, Cattie Adhesives, Sierra Coating Technologies, Solenis, Sonoco Products, Stahl Holdings, Stora Enso, and Teknos.