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[185+ Pages PDF Report] Global paint packaging market was approximately USD 22.1 billion in 2019 and is anticipated to reach around USD 29.7 billion by 2026, at a CAGR of 4.3% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the paint packaging industry. The report analyzes and declares the historical and current trends analysis of the paint packaging industry and subsequently recommends the projected trends anticipated to be observed in the paint packaging market during the upcoming years.
The paint packaging market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire paint packaging market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the paint packaging industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the paint packaging industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the paint packaging market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the paint packaging industry. The paint packaging market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the paint packaging sector. Key strategic developments in the paint packaging market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the paint packaging market are appropriately highlighted in the report.
The rising demand for paints from the global construction industry is driving the paint packaging market. The increasing use of paints for protecting exterior structures and buildings to protect them from tough environmental conditions is one of the reasons behind the growth of the paint packaging market.
Asia Pacific region dominated the global paint packaging market in 2019 with a market share of more than 50% and is anticipated to continue its dominance in the forecast years due to the rapidly growing construction industry in emerging countries such as India, China, and South Korea.
The paint packaging market research report delivers an acutevaluationand taxonomy of the paint packaging industry by practically splitting the market on the basis of different product types, materials,end-uses, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the paint packaging industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the paint packaging industry is provided for the leading economies of the world.
The paint packaging market is segmented based on product type, material, and end-use. On the basis of product type segmentation, the market is classified into bag-in-box, pouches, liquid cartons, paperboard containers, pet bottles, cans, and others. In terms of material segmentation, the market is bifurcated into metals, Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and others. On the basis of end-use segmentation, the market is classified into professional, and consumer.
Some of the essential players operating in the paint packaging market, but not restricted to include International Paper, Smurfit Kappa, Amcor Limited, Bemis Company, Inc., Mauser Group, Crown Holdings, Inc., HUBER Packaging Group GmbH, BWAY Corporation, The Dow Chemical Co., Tetra Pak International S.A., Mondi plc., WestRock Company, Orora Packaging Australia Pty Ltd, WestRock Company, Ball Corporation, RPC Superfos, PLZ Aeroscience, and others.
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