Paint Packaging Market Increased Focus on Sustainable
Packaging Solutions to Drive Growth
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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Packaging Market