Flexible Plastic Packaging Coating Market Analysis

  • Report ID: 4582
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Flexible Plastic Packaging Coating Market Analysis

End-user (Food & Beverage, Cosmetics, Pharmaceuticals, Automotive)

The global flexible plastic packaging coating market is segmented and analyzed for demand and supply by end-user into food & beverage, cosmetics, pharmaceuticals, automotive, and others, out of which, the pharmaceuticals segment is projected to witness noteworthy growth over the forecast period. The growth of the segment accounts for the higher demand for flexible plastic packaging in the pharmaceutical industry for protecting medicines from external environmental factors. For instance, revenue generation of the global pharma sector in 2021 was estimated to be nearly USD 1.5 trillion. The growth of diseases has raised the demand for medicines which is anticipated to drive the market for flexible plastic packaging coating owing to its chemical resistance properties and its ability to enhance the appearance of the product.

Substrate (Metal, Liquid Cartons, Rigid Plastic, Paper-Based Container, Flexible Packaging)

The global flexible plastic packaging coating market is also segmented and analyzed for demand and supply by substrate into metal, liquid cartons, rigid plastic, paper-based container, flexible packaging, and others. Out of these, the flexible packaging segment is attributed to holding the largest share by 2036 owing to its increasing usage of flexible plastics in various applications which is the perfect alternative for metal, glass, paper, and other traditional materials. Furthermore, the use of flexible packaging in caps and closures, aerosols and tubes, and other items to secure the product during transportation while retaining its original form. Flexible packaging is also capable of offering a protective layer against moisture, light, bacteria, mold, and harsh aspects, making it an ideal choice for boosting the packaging look of products in a variety of industries such as food and beverage, pharmacy, skincare and beauty, and others.

Our in-depth analysis of the global market includes the following segments:

              By Type

  • Urethane
  • Soft Touch
  • UV-Curable
  • BPA Free
  • Others

            By Substrate

  • Metal
  • Liquid Cartons
  • Rigid Plastic
  • Paper-Based Container
  • Flexible Packaging
  • Others

             By Application

  • Caps & Closures
  • Aerosols & Tubes
  • Industrial & Promotional Packaging
  • Others

 

             By End-User

  • Food & Beverage
  • Cosmetics
  • Pharmaceuticals
  • Automotive
  • Other
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Author Credits:  Abhishek Anil


  • Report ID: 4582
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of flexible plastic packaging coating is estimated at USD 2.21 Billion.

The flexible plastic packaging coating market size was valued at USD 2.1 Billion in 2023 and is set to exceed USD 3.96 Billion by the end of 2036, registering over 5% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for plastic coating packaging in the automotive industry, rising sales, and demand for snacks across the globe, followed by the massive surge in the consumer goods industry are the major factors driving the market growth.

Asia Pacific is projected to dominate majority industry share by 2036, ascribed to growing utilization of cosmetic products by the population along with higher demand for ready-to-eat food in the region.

American Packaging Corporation, PPG Industries, Inc., Glenroy, Inc., Akzo Nobel N.V., Sierra Coating Technologies LLC, Koninklijke DSM N.V., Paramelt B.V., DuPont de Nemours, Inc., Amcor Limited, Mondi plc
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