Metal Packaging Coatings Market Shares, Growth, Size, Trends, Opportunities & Top Players by 2018 to 2027

Posted on 2020-01-28 by Mark Hub in Chemicals // 0 Comments

The packaging industry is one of the foremost industrial sectors to give birth to the throwaway culture, which is responsible for the damages caused by millions of tons of waste produced each year. As a result, growing concerns about environment have given rise to sustainability trends in the packaging industry, thereby boosting adoption of metal packaging solutions. The business report highlights the drivers, restraints, opportunities and trends affecting metal packaging coatings market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The key players in the global metal packaging coatings market report consist of

Benjamin Moore & Co.
Behr Process Corp.
Kansai Paint Co. Ltd.
Axalta Coating Systems

Each market player encompassed in the metal packaging coatings market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the metal packaging coatings market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

The business intelligence study of the metal packaging coatings market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the metal packaging coatings market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the metal packaging coatings market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:

North America (Canada, US)
Latin America (Argentina, Mexico)
Europe (NORDIC, UK)
APEJ (China, India)

The Fact.MR study thoroughly assesses macro and microeconomic factors that may redefine growth prospects of the metal packaging coatings market in the foreseeable future. The study also provides a holistic assessment of market dynamics to obtain nearly accurate conclusions about market growth and provides actionable insights to readers.

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Sales of Metal Packaging Coatings will Remain Highly Concentrated in Developed Regions

According to the Fact.MR study, the metal packaging coatings market in developed regions, such as North America and Europe, is expected to account for more than half the sales of metal packaging coating in 2018. The study opines that the trend will continue to persist throughout the upcoming decade, generating most lucrative opportunities for metal packaging coating manufacturers in North America and European Union.

New Trends in Food & Beverage Packaging will Spur Demand for Metal Packaging Coatings

Growing needs for sustainable and environment-friendly packaging have exerted immense pressure on stakeholders in the packaged food & beverage industry. The selection of appropriate packaging materials plays a pivotal role in retaining the product quality and conservation throughout the period of consignment and storage. Despite the lower cost and functional benefits of plastic packaging, the F&B industry is shifting towards development of active packaging technologies, which is escalating the use of metal packaging for food & beverages.

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The Fact.MR study projects that beverage cans will continue to generate maximum demand for metal packaging coatings, dominating the sales of various product types of metal packaging coatings by 2018. Thereby, modern food & beverage manufacturers plumping for metallic food packaging will augur well for the incremental growth of metal packaging coatings market in the foreseeable future. Fact.MR study offers an in-depth explanation of how the metal packaging coatings market will grow during the forecast period 2018-2027. According to conclusions of the Fact.MR study, the metal packaging coatings market will grow at a healthy 4.1% volume CAGR through 2017.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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