Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Paint Packaging Cans Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).
The most common type of paint packaging is paint cans. As a result of their strong construction and impact-resistant qualities, they show to be quite effective for carrying and maintaining various types of paints. Additionally, they outlast their competitors in terms of durability.During the projection period, it is anticipated that a growing population, increased disposable income, and an improvement in the standard of living of people will accelerate the demand for paint cans. The aesthetic appeal of structures is being increased by using a variety of paints. Paint cans are more popular with consumers than similar products.The market for paint cans is expanding as a result of rising demand for paints across numerous industries, including automotive, general manufacturing, marine, and furniture.
Environmentally friendly paint cans made of effective materials have been developed as a result of technological breakthroughs. Manufacturers have started using sustainable practises in their production plants.Due to their many advantages, including their capacity to be recycled, metal cans dominate the market for paint containers globally. Manufacturers of metal paint cans can expect to benefit from profitable growth prospects as a result of increasing environmental concerns and the implementation of strict laws.
Recent Developments:
28 JUNE 2022 Ball Corporation has unveiled a new aluminium aerosol can made with its lightweight ReAl alloy while incorporating 50% recycled content and aluminium smelted using renewable energy sources in a bid to half the pack’s carbon footprint.
FEB 11, 2020:Second-largest aerosol can manufacturing facility in US sold for $16 million:Mauser Packaging Solutions subsidiary BWAY Corporation’s aerosol can manufacturing facility in Cincinnati, US has been sold for $16.65 million (€15.25 million).
The global Paint Packaging Cans includes identification and analysis of the various market participants competing in the global market. Prominent competitors include BWAY Corporation, Allied Cans Limited, Kian Joo Group, NCI Packaging, Ball, BCPL, MONTANA-CANS, Seymour of Sycamore, Allstate Can Corporation
What are the major Applications, Types and Regions for Paint Packaging Cans Market?
Paint Packaging Cans Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
The survey report acts as an indicator of the possibilities of market development in the different regions of the world. These regions include North America, Europe, Latin America, Asia-Pacific nations, India and China, Australia, etc. As huge development activities are ongoing in nations like China, India, Australia, and Indonesia, and other Asia-Pacific nations, it will bring positive trends in the growth of the business in these regions. The topmost central members in the market are situated in the areas of the Asia-Pacific region. Rising interest, expanded pay, trend-setting innovation along projects for benefiting the need of consumer will probably make the market develop significantly. The market research report has been scrutinized based on different practical case studies from various industry experts and policymakers.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 4.7% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | BWAY Corporation, Allied Cans Limited, Kian Joo Group, NCI Packaging, Ball, BCPL, MONTANA-CANS, Seymour of Sycamore, Allstate Can Corporation |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 134 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Paint Packaging Cans Market is studied from 2017 - 2027.
What is the growth rate of Paint Packaging Cans Market?
The Paint Packaging Cans Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the leading key players in Paint Packaging Cans Market?
BWAY Corporation, Allied Cans Limited, Kian Joo Group, NCI Packaging, Ball, BCPL, MONTANA-CANS, Seymour of Sycamore, Allstate Can Corporation
What regions regions does this Paint Packaging Cans Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Paint Packaging Cans Market?
Metal Paint Cans, Plastic Paint Cans
What are the significant Applications of Paint Packaging Cans Market?
Chemical, Building, Painting, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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