Can Coatings Market Assessment, By Resin Type, By Substrate, By Application, By End-user, By Region, Opportunities, and Forecast, 2016-2030F
2022年全球罐頭塗料市場規模預估為27.7億美元。 預計到 2030 年，該市場將成長至 36.2 億美元，2023-2030 年預測期間複合年增長率為 3.4%。 罐頭塗料需求激增是由於幾個關鍵因素造成的，包括包裝和飲料行業需求的增加。 隨著這些行業的顯著成長，對可靠、高效的罐頭塗料的需求也相應增加。 罐頭塗層在維持包裝內容物的品質和安全方面發揮著至關重要的作用，確保它們不受金屬罐頭成分的影響。 這對於飲料來說尤其重要，因為塗層可作為保護屏障，防止飲料和罐頭之間發生不必要的反應，最終保持飲料的味道和品質。 此外，不斷變化的監管環境也推動了對罐頭塗料的需求，嚴格的指導方針強調了塗料必須符合健康和安全標準。
從食品和飲料到各種消費品，對包裝商品的需求迅速增長，是推動罐頭塗料基本需求的根本驅動力。 首先，它確保了產品的完整性和安全性，同時增強了包裝的功能性和吸引力。 其次，罐頭塗層充當保護層，有效防止腐蝕等外部威脅，保持包裝產品的品質和新鮮度。 此外，罐頭也被認為非常方便運輸、儲存和消費，因為它們易於攜帶、重量輕、可堆疊，並且可以有效地儲存內容物。 隨著消費者偏好永續且方便的選擇，對罐頭食品的需求持續增加，從而導致對有效罐頭塗料的需求增加。
飲料業（包括酒精飲料和非酒精飲料）是罐頭塗料的重要消費者。 近年來，消費者對罐裝飲料的偏好發生了明顯轉變，這主要是由於罐裝飲料包裝的便利性和可持續性。 罐裝飲料攜帶方便、重量輕、易於儲存，非常適合旅途中飲用和戶外活動。 此外，罐頭具有高度可回收性，有助於永續發展，並因減少整體環境影響而受到認可。 此外，罐頭塗料在提高罐頭耐用性、保持飲料風味和品質以及最終提高消費者滿意度方面發揮著至關重要的作用。
嚴格的法規和消費者對食品安全、消費者健康和環境永續性的認識不斷提高，正在推動滿足高品質和合規標準的罐頭塗料的激增。 此外，隨著健康問題的日益嚴重，消費者越來越多地選擇既能延長保質期又能維持產品品質和安全的包裝產品。 罐頭塗料在保持包裝內容物的衛生和整體品質方面發揮著至關重要的作用，尤其是在食品和飲料領域。
Global Can Coatings Market size was valued at USD 2.77 billion in 2022, which is expected to grow to USD 3.62 billion in 2030 with a CAGR of 3.4% during the forecast period between 2023 and 2030. The surge in demand for can coatings is attributed to several significant drivers including an increasing need within the packaging and beverage industries. As these sectors experience substantial growth, the requirement for reliable and efficient can coatings escalates proportionally. Can coatings play a pivotal role in preserving the quality and safety of the packaged contents, ensuring they remain unaffected by the metal can's composition. This is particularly vital for beverages, as the coatings act as a protective barrier preventing any undesirable reactions between the beverage and the can, ultimately maintaining the drink's taste and quality. Moreover, the demand for can coatings is fuelled by the evolving regulatory landscape, with stringent guidelines emphasizing the necessity of coatings to comply with health and safety standards.
Furthermore, the demand for distinctive product presentation and visually appealing packaging has raised the usage of can coating technologies, which enables a diverse range of colours, textures, and branding possibilities. Moreover, the increasing preference for convenient, on-the-go consumption has heightened the need for cans and coatings to maintain product quality and freshness for an extended duration.
The surging demand for packaged goods, covering a broad array from food and beverages to diverse consumer products, is a fundamental driver pushing the essential requirement for can coatings. These coatings serve a dual purpose: firstly, ensuring the integrity and safety of the products while enhancing the packaging's functionality and appeal. Secondly, by acting as a protective layer, can coatings effectively guard against external threats such as corrosion, thereby upholding the quality and freshness of the packaged product. Additionally, cans are also known for their easy portability, lightweight nature, stackable design, and efficiently preserving the contents, making them incredibly convenient for transportation, storage, and consumption. As consumer preferences gravitate towards sustainable and convenient options, the demand for canned goods continues to rise, consequently amplifying the necessity for effective can coatings.
For instance, According to Protega, a sustainable packaging solution provider, in January 2023, 81% of consumers in the UK are now expressing a strong demand for sustainable packaging. This shift towards sustainable packaging increases the requirement of cans, which in turn drives the demand for can coatings globally.
The beverage industry is a significant consumer of can coatings, encompassing both alcoholic and non-alcoholic beverages. In recent years, there has been a noticeable shift in consumer preferences towards canned beverages, primarily driven by the convenience and sustainability factors associated with this packaging. Cans are portable, lightweight, and easy to store, making them highly convenient for on-the-go consumption and outdoor activities. Moreover, cans are recognized for their recyclability, contributing to sustainability initiatives, and reducing the overall environmental impact. Additionally, can coatings play a pivotal role in enhancing the durability of the cans, preserving the flavour and quality of the beverages, and ultimately contributing to consumer satisfaction.
For instance, in 2022, low-to-no alcohol beer, cider, wine, and spirit products experienced a significant surge, with their volume increasing by more than 7% across ten major global markets. This growth of non-alcoholic beverage consumption in several markets increases the requirement for can coatings.
Stringent regulations and increasing consumer awareness regarding food safety, consumer health, and environmental sustainability are propelling the uptake of can coatings that meet high-quality and compliance standards. Additionally, in response to heightened health concerns, consumers are now more likely to opt for packaged products that ensure extended shelf life while upholding product quality and safety. Can coatings play a pivotal role in maintaining the hygiene and overall quality of the packaged contents, particularly within the food and beverage sector.
For instance, AkzoNobel launched Accelshield 700, which abstains from the use of BPA or bisphenol-based epoxies in its manufacturing process, aligning with regulatory standards. Its compliance with both the Food and Drug Administration (FDA) and EU regulations underscores its commitment to safety and quality. New product launches like these are poised to address the anticipated increase in demand for non-BPA can coatings, particularly following the European Food Safety Authority's (EFSA) recent stance on restricting the use of BPA in metal packaging for food and beverage products.
The COVID-19 pandemic profoundly impacted global supply chains, disrupting the production and distribution of can coatings and its raw materials. Factory closures and transportation restrictions resulted in delays and shortages of essential substrates like steel and aluminium and Tin. Moreover, the economic slowdown and decreased demand in sectors such as Paints and Personal Care sectors significantly weakened the demand for can coatings during the pandemic. The demand for beverages witnessed decline during the pandemic which further reduced the requirement for can coatings. The fluctuation of upstream petrochemical-based raw materials further tightened supply situation of can coatings.
The can coating market faced a substantial impact from the Russia-Ukraine conflict, primarily because Russia, a key supplier of aluminium substrate, especially to European nations, saw import bans imposed on its products due to the conflict. This restriction also constrained the supply of coil crude oil to these markets. As a result, production costs for can coating escalated, prompting a decline in procurement activities within these countries. Moreover, the conflict diminished demand for beverages and personal care in the affected region, weakening the demand for can coatings.
Prominent manufacturers of can coatings are actively introducing sustainable products in response to the escalating demand, while concurrently ensuring strict compliance with regulatory standards. This proactive approach addresses both market preferences for sustainable solutions and rising demand from beverages sector.
For instance, in August 2022, PPG Industries, Inc. unveiled PPG INNOVEL PRO, an upgraded internal spray coating designed for aluminium beverage cans. This advanced coating formulation is free of bisphenol-A (BPA) and bisphenol starting substances, aligning with the goal of utilizing safer materials.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.