Product Overview

Paint refers to material that is used to color the surface and texture of the object. It acts as a shield and protects the building and structures from environmental effects and harsh weather. Paint generally consists of four ingredients including pigments, additives, binders, and solvents. The main function of pigment is to provide color and hide. Additives provide extra additional performance properties. Binder is used to holding the pigments together to form a dry film on the surface. Solvents allow the paint to get from the can to the surfaces. There are various types of paints such as varnishes, solvent-based paints, enamels, latex paints which are required by the industries. Paints and packaging are primarily used in the automotive, construction, architectural, and wood industries.

Market Highlights

Global Paints Packaging market is expected to project a notable CAGR of 4.03% in 2030.

Global Paints Packaging market to surpass USD 34.04 billion by 2030 from USD 22.92 billion in 2020 at a CAGR of 4.03% throughout the forecast period, i.e., 2021-30. The demand for paints packaging is expected to accelerate due to the growing demand for paints. Furthermore, increasing demand from packaging manufacturers to fulfill the consumer demands is estimated to drive the market growth during the forecast period. Packaging has wide applications in product shipment, product storage, and product handling.

Global Paints Packaging Market: Segments

Cans segment to grow with the highest CAGR during 2021-30

Global Paints Packaging market is segmented by Product Type into bag-in-box, pouches, liquid cartons, paperboard containers, pet bottles, cans, and others. Cans segment held the largest market share in the year 2020 and will continue to dominate the market throughout the forecast period. This growth is attributed owing to its growing application in paints packaging. Mounting consumption of aerosol and aluminum cans is increasing the demand for paints and packaging market. Cans are preferred for packaging due to their lightweight.

Metal segment to grow with the highest CAGR during 2021-30

Global Paints Packaging market is bifurcated by Material into Metals, Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and others. The metals segment held the largest market share in the year 2020 and will continue to dominate the market throughout the forecast period. Metals are recyclable and reusable due to which they are more popular.

Professional segment to grow with the highest CAGR during 2021-30

Global Paints Packaging market is bifurcated by Application into Professional and Consumer. The professional segment held the largest market share in the year 2020 and will continue to dominate the market throughout the forecast period owing to the growing construction industry and therefore mounting demand for paints.

Market Dynamics

Drivers

Rise in Construction Activities

With the growing population, the investment in the construction project is increasing which has fueled the demand for Paints and packaging. Rapid urbanization and industrialization coupled with the increase in living standards of consumers have resulted in the rise in construction and housing activities which is anticipated to boost the global paints and packaging market.

Growing Innovation in Paint Packaging

With the changing consumer preference for innovative packaging, the demand for paint and packaging is expected to boost in the forecast period.to meet the consumer requirement the vendors are providing advance, customized, and innovative packaging products so that they can expand their market presence. Various types of paints are available in the market which possesses properties like resistance to tear and puncture, reusability, and convenience to use which may grow the global paint and packaging market.

Restraint

Health Issues

Paints are harmful to health as they can irritate the eyes, nose, and throat. Additionally, it causes long-term harm to some systems of the body such as the liver, kidneys, and nervous system when exposed to high concentrations of VOCs. Such factors can hinder the market growth in the coming years.

Global Paints Packaging Market: Key Players

The Dow Chemical Co

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

International Paper

Tetra Pak International S.A.

Smurfit Kappa

Mondi plc

Amcor Limited,

WestRock Company

Bemis Company, Inc.

Orora Limited

Mauser Group

Other Prominent Players

Global Paints Packaging Market: Regions

Global Paints and Packaging market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

Global Paints and Packaging markets market in Asia Pacific held the largest market share in the year 2020. Asia Pacific will continue to dominate the global paints packaging market due to rising paints and coatings manufacturers in this region. besides increasing population coupled with a high spending power of consumers is expected to boom the global paints packaging market. Rapid industrialization and urbanization with growing construction activities in this region are projected to drive the market.

Global Paints Packaging market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Paints Packaging market report also contains analysis on:

Paints Packaging Market Segments:

By Product Type

Bag-in-box

Pouches

Liquid Cartons

Paperboard Container

Pet Bottles

Cans

Others

By Material

Metals

Polyethylene (PE)

Polypropylene (PP)

Polyethylene Terephthalate (PET)

Others

By End-User

Professional

Consumer

Paints Packaging Market Dynamics

Paints Packaging Market Size

Supply & Demand

Current Trends / Issues / Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Paints Packaging Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Paints Packaging Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Paints Packaging Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Paints Packaging Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Product Type: Market Share (2019-2030F)

12.2.1. Bag-in-box, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-20

12.2.2. Pouches, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Liquid Cartons, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Paperboard Container, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-20

12.2.5. Pet Bottles, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.6. Cans, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.7. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Material: Market Share (2019-2030F)

12.3.1. Metals, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Polyethylene, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Polypropylene, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Polyethylene Terephthalate (PET), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By Application: Market Share (2019-2030F)

12.4.1. Professional, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Consumer, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. The Dow Chemical Company

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. International Paper

13.3. Tetra Pak International S.A.

13.4. Smurfit Kappa

13.5. Mondi plc

13.6. Amcor Limited,

13.7. WestRock Company

13.8. Bemis Company, Inc.

13.9. Orora Limited

13.10. Mauser Group

13.11. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)