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Packaging Coatings Market Share

Report ID: GMI11374
Published Date: Sep 2024
Report Format: PDF

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Packaging Coatings Market Share

Akzo Nobel N.V. and Axalta Coating Systems hold a significant share of the packaging coatings industry. Akzo Nobel N.V. stands out in the market with its comprehensive range of innovative and sustainable solutions. Akzo Nobel's strong market presence is supported by its extensive R&D capabilities and its ability to provide advanced coatings that enhance packaging performance and safety.

Axalta Coating Systems is a significant player in the market due to its extensive expertise and specialized product offerings. Axalta is recognized for its high-performance coatings that cater to various packaging needs, including those in the food & beverage sector. The company’s emphasis on technological innovation and its broad portfolio of coatings solutions enables it to effectively address diverse market demands.

Packaging Coatings Market Companies

Major players operating in the packaging coatings industry are:

Akzo Nobel N.V.
Axalta Coating Systems
BASF SE
PPG Industries, Inc.
Saudi Basic Industries Corporation (SABIC)
Sherwin-Williams Company
The Dow Chemical Company

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Packaging coatings industry size was worth USD 4,865.2 million in 2023 and will grow at a 5% CAGR between 2024 and 2032 due to the growing demand for sustainable and eco-friendly packaging solutions.

The water-based segment will achieve USD 3 billion by 2032, driven by its environmental benefits and growing demand for sustainable solutions.

North America industry captured 25% share in 2023, attributed to its advanced manufacturing infrastructure and high demand for innovative packaging solutions.

Prominent players operating in the industry are Akzo Nobel N.V., Axalta Coating Systems, BASF SE, PPG Industries, Inc., Saudi Basic Industries Corporation (SABIC), Sherwin-Williams Company, and The Dow Chemical Company, among others.