Packaging Coatings Market Size and Share

Packaging Coatings Market (2026 - 2031)
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Packaging Coatings Market Analysis by Mordor Intelligence

The Packaging Coatings Market size is estimated at USD 6.49 billion in 2026, and is expected to reach USD 8.12 billion by 2031, at a CAGR of 4.56% during the forecast period (2026-2031). The upswing is tied to BPA-free mandates that accelerate resin reformulations, an expanding craft beverage sector that relies on UV-curable finishes, and e-commerce logistics that demand scuff-resistant caps and closures. Epoxy chemistries still dominate because of their proven adhesion and barrier properties, yet polyester and acrylic systems are absorbing share as regulators tighten migration limits. Water-based and powder formulations are advancing as solvent-based lines face stricter VOC ceilings, while rad-cure platforms gain traction by cutting oven energy use up to 85%. Asia-Pacific remains both the manufacturing engine and the fastest-growing consumer region, supported by large-scale aluminum canstock projects in China, India, and Vietnam.

Key Report Takeaways

  • By resin type, epoxies led with 51.67% of the packaging coatings market share in 2025; epoxies are projected to post the fastest 4.81% CAGR through 2031. 
  • By coating technology, water-based systems held 43.44% revenue share in 2025, while UV-curable solutions are set to expand at a 5.11% CAGR to 2031. 
  • By packaging type, rigid (cans, caps & closures) captured 60.54% revenue in 2025; flexible (pouches, films, sachets) is forecast to post the highest 4.86% CAGR to 2031. 
  • By application, beverage cans accounted for 48.56% share of the packaging coatings market size in 2025 and are growing at a 4.99% CAGR through 2031.
  • By end-user industry, food and beverage captured 61.29% revenue in 2025; healthcare and pharmaceutical are forecast to post the highest 5.35% CAGR to 2031. 
  • Regionally, Asia-Pacific controlled 43.75% revenue in 2025 and is expanding at a 4.79% CAGR to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Resin: Epoxies Retain Dominance Amid Regulatory Pressure

Epoxies held 51.67% of the packaging coatings market size in 2025 and are forecast to post a 4.81% CAGR through 2031. Their entrenched status stems from unmatched adhesion to aluminum and steel, plus decades of migration data that lower recall risk. Suppliers are reformulating around bisphenol-S or non-bisphenol backbones to comply with EU rules without sacrificing performance. Acrylics, led by PPG’s INNOVEL PRO, are gaining beverage-can share through lower migration and platinum-level material-health certifications. Polyesters are gaining traction in retort food and healthcare packaging thanks to thermal stability and low extractables, while polyurethanes fill niche roles in collapsible tubes that demand high flexibility.

Acrylics and polyesters will chip away at epoxies as bans widen, yet cost-performance trade-offs keep epoxies relevant in industrial and paint-can applications. Market participants expect resin portfolios to fragment along application lines: epoxies for high-corrosion environments, acrylics for soft-drink and beer cans, polyesters for medical cans, and polyurethanes for personal-care aerosols.

Packaging Coatings Market: Market Share by Resin
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By Coating Technology: Water-Based Systems Lead, UV-Curable Grows Fastest

Water-based chemistries captured 43.44% share of the packaging coatings market size in 2025, owing to two decades of VOC curbs. These dispersions cure at 150–200°C, leveraging surfactant-stabilized polymer particles that coalesce as water evaporates. Solvent-based systems retreat to niche aerosol uses where rapid flash-off is essential. Powder coatings, exemplified by PPG’s Hoba line for monobloc aerosols, deliver zero VOCs but require high cure temperatures, limiting use to caps and thicker-gauge cans.

UV-curable and electron-beam platforms represent the fastest-growing slice, advancing at 5.11% CAGR as canmakers chase energy savings and faster changeovers. Their sub-second cure eliminates ovens, trimming floor space, and carbon output. Adoption is strongest in craft beverages, personal-care aerosols, and digitally printed cans, where thermal exposure must be minimized.

By Packaging Type: Rigid Formats Dominate While Flexible Gains Ground

Rigid formats, beverage cans, caps, and closures, held 60.54% of market volume in 2025, powered by recyclability rates exceeding 70% in several major economies. Massive investments such as Baosteel Packaging’s 800 million-can plant in Vietnam and AGI Greenpac’s 950 million-can facility in India underpin volume growth and reinforce regional supply chains. Caps and closures command premium pricing due to tamper-evidence and e-grocery durability requirements. 

Flexible metal packaging, though smaller, is growing at a 4.86% CAGR as brands pursue light-weighting and refill-ready pouch systems. Polyurethane and acrylic coatings that maintain flexibility during form-fill-seal operations are critical. Siegw­erk’s CIRKIT barrier layers aim to make laminated pouches compatible with mechanical or chemical recycling, yet broad infrastructure gaps temper near-term penetration. 

By Application: Beverage Cans Lead, Aerosol and Tubes Diversify

Beverage cans accounted for 48.56% of market volume in 2025 and will expand at a 4.99% CAGR through 2031. Craft beer, energy drinks, and hard seltzers drive SKU proliferation that favors high-definition graphics and rapid varnish curing. Food cans remain a bedrock for acidic and retort foods, leveraging non-BPA internal sprays optimized for pH extremes.

Aerosol cans and aluminum tubes diversify growth through personal-care, household, and pharmaceutical launches that demand coatings resistant to hydrocarbon propellants and sterilization. Sherwin-Williams’ valPure polyester line and Sonoco’s high-impact lithography provide aesthetic and functional upgrades that command higher margins than commodity beverage cans.

Packaging Coatings Market: Market Share by Appplication
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By End-User Industry: Food & Beverage Dominate, Healthcare Accelerates

Food and beverage producers consumed 61.29% of coating volumes in 2025, reflecting staple demand for canned foods and carbonated drinks. BPA bans intensify cooperation among canmakers, coatings suppliers, and brand owners to validate acrylic and polyester liners.

Healthcare and pharmaceuticals represent the fastest-growing end-use at 5.35% CAGR as unit-dose aerosol inhalers and tamper-evident tubes proliferate. Coatings must endure gamma or EO sterilization without leaching, steering buyers toward polyester and acrylic chemistries that meet FDA 21 CFR 175.300 and ISO 11607. Personal-care, cosmetics, and industrial goods round out demand with specialized needs for tactile finishes or chemical resistance.

Packaging Coatings Market: Market Share by End-user Industry
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Geography Analysis

Asia-Pacific generated 43.75% of the 2025 volume and is projected to advance at a 4.79% CAGR to 2031. China’s tightening VOC rules are escalating the shift to powder and water-based lines, while Vietnam and India host mega-scale can plants that anchor regional supply. Japan’s recycle rate of 73.9% and collaborations on 100% recycled-content cans position the nation as a circular-economy test bed. Southeast Asian markets, Indonesia, Thailand, and Malaysia, benefit from rising disposable incomes and multinational beverage expansions.

North America’s demand, propelled by a flourishing craft beverage ecosystem and statewide VOC norms stricter than federal thresholds. Investments in UV-curable lines and technical service hubs support rapid SKU turnover. Mexico’s cost advantages under USMCA are spurring coatings production for both domestic and US export channels.

Europe’s share, driven by Regulation 2024/3190 that bans BPA and accelerates polyester and acrylic adoption. AkzoNobel’s EUR 32 million bisphenol-free capacity expansion exemplifies supplier readiness. The U.K.’s recyclability scoring system pressures brands to select coatings compatible with closed-loop metal recovery, further reshaping the regional product mix.

Packaging Coatings Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Packaging Coatings market is moderately fragmented. Regional specialists such as Siegwerk and DIC are expanding through targeted investments: Siegwerk’s INR 350 crore upgrade of its Indian Graphics Innovation and Competence Center boosts color-matching speed for short runs, while DIC’s HACCP-certified Jakarta plant focuses on direct food-contact coatings for Southeast Asia. White-space lies in healthcare packaging and refillable metal formats, segments that couple stringent regulatory demands with above-average margins. Suppliers adept at integrating low-migration chemistries, sterilization resistance, and circular-design principles are poised for premium growth.

Packaging Coatings Industry Leaders

  1. Akzo Nobel N.V.

  2. PPG Industries, Inc.

  3. The Sherwin-Williams Company

  4. Axalta Coating Systems, LLC

  5. Kansai Paint Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Packaging Coatings Market
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Recent Industry Developments

  • August 2025: DIC Corporation established a new production facility in Indonesia for coatings intended for direct food contact materials. Targeting an annual production of 1,000 tonnes by fiscal year 2030, the facility aims to cater to markets across Asia, including China and Oceania. This move underscores DIC Group's commitment to addressing the growing demand for sustainable packaging.
  • January 2025: CEFLEX, a collaborative European initiative, aims to make all flexible packaging fully circular and compliant with PPWR (Packaging and Packaging Waste Regulation). In a move underscoring its dedication to sustainability and innovation in the packaging coatings value chain, Stahl has joined CEFLEX.

Table of Contents for Packaging Coatings Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 BPA-free can-lining mandates in North America and Europe
    • 4.2.2 Craft beverage boom spurring UV-curable varnish demand
    • 4.2.3 E-grocery logistics fuelling scuff-resistant cap/closure coats
    • 4.2.4 Rise of refill-ready metal packaging
    • 4.2.5 Direct-to-shape inkjet print adoption raising low-temp cure needs
  • 4.3 Market Restraints
    • 4.3.1 Epoxy resin price volatility
    • 4.3.2 Weak recycling streams limiting bio-barrier uptake
    • 4.3.3 VOC-emission compliance costs
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Resin
    • 5.1.1 Epoxies
    • 5.1.2 Acrylics
    • 5.1.3 Polyurethane
    • 5.1.4 Polyolefins
    • 5.1.5 Polyester
    • 5.1.6 Other Resins
  • 5.2 By Coating Technology
    • 5.2.1 Water-based
    • 5.2.2 Solvent-based
    • 5.2.3 Powder
    • 5.2.4 UV curable
  • 5.3 By Packaging Type
    • 5.3.1 Rigid (Cans, Caps and Closures)
    • 5.3.2 Flexible (Pouches, Films, Sachets)
  • 5.4 By Application
    • 5.4.1 Food Cans
    • 5.4.2 Beverage Cans
    • 5.4.3 Aerosol and Tubes
    • 5.4.4 Caps and Closures
    • 5.4.5 Industrial and Specialty Packaging
  • 5.5 By End-User Industry
    • 5.5.1 Food and Beverage
    • 5.5.2 Personal Care and Cosmetics
    • 5.5.3 Healthcare and Pharmaceutical
    • 5.5.4 Industrial Goods
  • 5.6 By Geography
    • 5.6.1 Asia-Pacific
    • 5.6.1.1 China
    • 5.6.1.2 India
    • 5.6.1.3 Japan
    • 5.6.1.4 South Korea
    • 5.6.1.5 Indonesia
    • 5.6.1.6 Malaysia
    • 5.6.1.7 Thailand
    • 5.6.1.8 Vietnam
    • 5.6.1.9 Rest of Asia-Pacific
    • 5.6.2 North America
    • 5.6.2.1 United States
    • 5.6.2.2 Canada
    • 5.6.2.3 Mexico
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Nordics
    • 5.6.3.7 Turkey
    • 5.6.3.8 Russia
    • 5.6.3.9 Rest of Europe
    • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Colombia
    • 5.6.4.4 Rest of South America
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Qatar
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 Nigeria
    • 5.6.5.4 Egypt
    • 5.6.5.5 South Africa
    • 5.6.5.6 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 ALTANA
    • 6.4.3 artience Co., Ltd.
    • 6.4.4 Axalta Coating Systems LLC
    • 6.4.5 BASF
    • 6.4.6 DIC Corporation
    • 6.4.7 Dow
    • 6.4.8 H.B. Fuller Company
    • 6.4.9 Hempel A/S
    • 6.4.10 Henkel AG & Co. KGaA
    • 6.4.11 Jamestown Coating Technologies
    • 6.4.12 Jotun
    • 6.4.13 KANGNAM JEVISCO CO., LTD.
    • 6.4.14 Kansai Paint Co., Ltd.
    • 6.4.15 Michelman, Inc.
    • 6.4.16 PPG Industries Inc.
    • 6.4.17 RPM International Inc.
    • 6.4.18 Siegwerk Druckfarben AG & Co. KGaA
    • 6.4.19 Silgan Holdings Inc.
    • 6.4.20 The Sherwin-Williams Company

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
  • 7.2 Growing Inclination for Eco-Friendly Packaging Coatings
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Packaging coatings in this study cover all functional layers applied to rigid and flexible packaging substrates, including metal cans, caps, closures, pouches, films, paperboard, and plastic sheets, to deliver barrier, chemical resistance, and print performance. Major chemistries included are epoxies, acrylics, polyurethane, polyolefins, polyester, and selected hybrids. According to Mordor Intelligence, the universe is valued at USD 6.22 billion in 2025 and is expected to reach USD 7.73 billion by 2030.

Scope Exclusion: decorative architectural paints, lamination adhesives, and printing inks that lack a protective function are not covered.

Segmentation Overview

  • By Resin
    • Epoxies
    • Acrylics
    • Polyurethane
    • Polyolefins
    • Polyester
    • Other Resins
  • By Coating Technology
    • Water-based
    • Solvent-based
    • Powder
    • UV curable
  • By Packaging Type
    • Rigid (Cans, Caps and Closures)
    • Flexible (Pouches, Films, Sachets)
  • By Application
    • Food Cans
    • Beverage Cans
    • Aerosol and Tubes
    • Caps and Closures
    • Industrial and Specialty Packaging
  • By End-User Industry
    • Food and Beverage
    • Personal Care and Cosmetics
    • Healthcare and Pharmaceutical
    • Industrial Goods
  • By Geography
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
      • Rest of Asia-Pacific
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Nordics
      • Turkey
      • Russia
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America
    • Middle East and Africa
      • Qatar
      • United Arab Emirates
      • Nigeria
      • Egypt
      • South Africa
      • Rest of Middle East and Africa

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed resin suppliers, coating formulators, can makers, flexible film converters, and regional regulators across Asia-Pacific, North America, and Europe. Insights on BPA-free transition timelines, real-world average selling prices, and adoption barriers helped close secondary research gaps and fine-tune our model.

Desk Research

We review tier-1 public sources such as Eurostat packaging waste statistics, US FDA food contact notifications, China's National Bureau of Statistics can output data, and FAO food processing indicators, together with trade releases from the Can Manufacturers Institute and the World Packaging Organisation. Company 10-Ks, investor decks, and news feeds from D&B Hoovers and Dow Jones Factiva enrich revenue trails and capacity moves. The sources listed illustrate the breadth of material consulted; many other databases, journals, and customs portals supported data capture, validation, and clarification.

Market-Sizing & Forecasting

A top-down build starts by linking beverage can production, food can output, flexible film tonnage, and carton square meter data to typical coating consumption factors. Supplier roll-ups, channel checks, and sampled ASP × volume calculations provide bottom-up anchors that adjust totals before sign-off. Key variables considered include canned beverage per capita intake, e-commerce parcel growth, PFAS and BPA regulatory phase-outs, resin cost curves, and planned regional capacity additions. Multivariate regression combined with scenario analysis projects demand through 2030, while gap-fill multipliers account for unreported small-scale producers.

Data Validation & Update Cycle

Estimates are reconciled against import-export flows, trade margins, and independent price trackers. Any variance beyond set thresholds triggers analyst escalation, a second expert interview pass, and model revision. Reports refresh annually, with interim updates for material events and a final check before client release.

Why Our Packaging Coatings Baseline Stands Reliable

Published market values often differ because firms adopt unequal material scopes, price assumptions, and update rhythms. By showing our inclusion logic and yearly refresh cadence, we let readers reconcile figures quickly.

Key gap drivers include coverage restricted to metal formats, older base years, or optimistic price deflation paths used elsewhere, which explains why some totals trail or exceed Mordor's view.

Benchmark comparison

Market SizeAnonymized sourcePrimary gap driver
USD 6.22 Bn (2025) Mordor Intelligence-
USD 4.41 Bn (2025) Global Consultancy ACounts only metal packaging formats
USD 5.19 Bn (2025) Industry Insights BRelies on conservative ASPs and limited primary checks
USD 4.21 Bn (2024) Market Tracker CExcludes Asia's small and mid-scale converters

The comparison shows that our disciplined scope selection, annual refresh cycle, and dual-layer validation give decision makers a balanced, transparent baseline they can trust.

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Key Questions Answered in the Report

What is the current value of the packaging coatings market?

The packaging coatings market size stands at USD 6.49 billion in 2026 and is projected to hit USD 8.12 billion by 2031.

Which resin type holds the largest share in packaging coatings?

Epoxy chemistries commanded 51.67% of global share in 2025 thanks to proven adhesion and barrier performance.

Why are UV-curable coatings gaining popularity in metal packaging?

UV systems cure in under one second, cut oven energy use by up to 85%, and suit the short runs common in craft beverages and customized cans.

Which region leads demand for packaging coatings?

Asia-Pacific generated 43.75% of global volume in 2025 and is on track to expand at a 4.79% CAGR through 2031.

How will BPA regulations affect the coatings supply chain?

EU and state-level bans are accelerating a shift from epoxy-phenolic liners to acrylic and polyester alternatives, prompting sizable supplier investments in bisphenol-free capacity.

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