Paint packaging mainly consists of cans, pails, drums, tubs/buckets, and tubes. Paint packaging offers ease of transportation and prevents contamination of paints during storage and transportation. Paint packaging provides barrier properties and acts as a tamper-proof solution. Moreover, paint packaging enhances shelf life and improves distribution of paint products. Cans are primarily used for packaging of water-based paints, while oil-based paints are mainly packaged in metal or plastic drums and pails owing to their high viscosity.
The global paint packaging market is estimated to be valued at USD 25.55 Bn in 2024. The market is expected to reach USD 34.45 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Key Takeaways
Key players operating in the paint packaging market are Crown Holdings, Inc., Ball Corporation, RPC Group Plc, Greif, Inc., Mauser Packaging Solutions, Berry Global, Inc., Silgan Holdings Inc., Sonoco Products Company, PPG Industries, Inc., Sherwin-Williams Company, AkzoNobel N.V., BASF SE, Tikkurila Oyj, RPM International Inc., and Valspar Corporation.
There is steady growth in demand for paints from industries such as construction, automotive, and industrial production, which is driving the paint packaging market. Increasing residential and commercial construction projects particularly in Asia Pacific and Middle East Africa is augmenting the consumption of decorative and protective paints.
Technological innovation in Paint Packaging Market Demand formats is supporting sustainability goals of end-users. Development of lightweight packaging with improved barrier properties helps reduce material usage while maintaining product quality and shelf-life. Adoption of eco-friendly materials such as recycled plastics for packaging is gaining traction.
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