The global Can Coatings Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Epoxy, Acrylic, Polyester, Others), By Application (Food Can, Beverage Can, General Line Can, Aerosol Can, Others).
In 2024, the market for can coatings is experiencing robust growth driven by the burgeoning packaging industry and the increasing demand for durable, sustainable, and aesthetically appealing metal packaging solutions. Can coatings play a crucial role in preserving product integrity, extending shelf life, and enhancing brand visibility for a wide range of consumer goods including food, beverages, and personal care products. With rising consumer awareness regarding food safety, regulatory compliance, and environmental sustainability, manufacturers are investing in advanced coating technologies to develop formulations free from harmful chemicals such as bisphenol A (BPA) and perfluorooctanoic acid (PFOA). Further, the shift towards lightweight packaging materials and the advent of digital printing technologies are driving innovation in can coating formulations, offering enhanced functionality, design flexibility, and cost efficiency. As the packaging industry evolves to meet changing consumer preferences and regulatory requirements, the can coatings market presents opportunities for suppliers and manufacturers to collaborate and capitalize on emerging trends in packaging design, material science, and sustainability initiatives.
The market report analyses the leading companies in the industry including Akzo Nobel N.V., Axalta Coating Systems, IPC GmbH & Co. KG, Kansai Paint Co. Ltd, Kupsa Coatings, National Paints Factories Co. Ltd, PPG Industries Inc, RPM International Inc, The Sherwin-Williams Company, TIGER Coatings GmbH & Co. KG, TOYOCHEM CO. Ltd, VPL Coatings GmbH & Co KG, and others.
A prominent trend in the can coatings market is the increasing demand for sustainable and food-safe coatings for metal packaging applications. With growing concerns about environmental sustainability and food safety, there is a rising preference for coatings that minimize the use of hazardous chemicals, reduce volatile organic compound (VOC) emissions, and ensure compliance with regulatory standards for food contact materials. Can coatings play a critical role in protecting metal cans from corrosion, imparting barrier properties to prevent contamination, and enhancing the aesthetic appeal of packaged products. This trend is driven by consumer preferences for eco-friendly packaging, stringent regulations governing food packaging materials, and the need for packaging solutions that maintain product freshness, quality, and safety throughout the supply chain.
An essential driver propelling the can coatings market is the growth in the packaged food and beverage industry, where coated metal cans are widely used for packaging a variety of food and beverage products. With changing consumer lifestyles, urbanization, and increasing disposable incomes driving demand for convenience foods and ready-to-drink beverages, there is a corresponding increase in the demand for metal cans as primary packaging containers. Can coatings provide protection against corrosion, prevent interactions between the packaged product and the metal substrate, and ensure the integrity and shelf-life of packaged goods. As the packaged food and beverage industry continues to expand globally, driven by factors such as population growth, changing dietary habits, and the popularity of on-the-go consumption, the demand for can coatings is expected to rise, supporting market growth and driving innovation in coating technologies.
A potential opportunity for the can coatings market lies in the development of eco-friendly and high-performance coatings that offer superior protection, sustainability, and functionality. There is a growing demand for coatings formulated with bio-based, renewable, and non-toxic materials that minimize environmental impact and meet stringent regulatory requirements for food contact materials. Additionally, there is an opportunity to innovate coatings with enhanced properties such as improved chemical resistance, scratch resistance, and heat resistance, to meet the evolving needs of can manufacturers, brand owners, and consumers. By investing in research and development, formulation expertise, and sustainable manufacturing practices, coating suppliers can capitalize on the growing demand for eco-friendly can coatings, differentiate their products in the market, and capture new business opportunities in the expanding metal packaging industry.
The Epoxy segment is the largest in the can coatings market by type. The large revenue share is primarily due to the widespread use of epoxy coatings in the packaging industry, particularly for metal cans used in food and beverage packaging. Epoxy coatings offer excellent corrosion resistance, adhesion, and barrier properties, ensuring the protection of canned contents against external factors such as moisture, chemicals, and oxygen. Additionally, epoxy coatings provide a smooth and durable finish, enhancing the aesthetic appeal of cans and facilitating brand differentiation on store shelves. With stringent regulatory requirements for food safety and increasing consumer demand for longer shelf life and product freshness, the demand for epoxy coatings in can packaging remains robust. Furthermore, ongoing innovations in epoxy formulations, such as BPA-free and water-based options, contribute to their continued dominance in the can coatings market.
The Aerosol Can segment is the fastest-growing in the can coatings market by application. This rapid growth is primarily driven by the increasing demand for aerosol packaging across various industries, including personal care, household products, automotive, and industrial sectors. Aerosol cans offer convenience, portability, and ease of use, making them popular for a wide range of products such as hairsprays, deodorants, paints, lubricants, and cleaning agents. Coatings play a crucial role in aerosol cans, providing protection against corrosion, ensuring product integrity, and enhancing aesthetic appeal. Additionally, the growing popularity of eco-friendly aerosol formulations and the development of sustainable coating technologies contribute to the expansion of the aerosol can market. With the rising consumer preference for convenience products and the continuous innovation in aerosol packaging solutions, the demand for coatings for aerosol cans is expected to continue growing rapidly, positioning the Aerosol Can segment as the fastest-growing segment in the can coatings market by application.
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Akzo Nobel N.V.
Axalta Coating Systems
IPC GmbH & Co. KG
Kansai Paint Co. Ltd
Kupsa Coatings
National Paints Factories Co. Ltd
PPG Industries Inc
RPM International Inc
The Sherwin-Williams Company
TIGER Coatings GmbH & Co. KG
TOYOCHEM CO. Ltd
VPL Coatings GmbH & Co KG
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Can Coatings Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Can Coatings Market Size Outlook, $ Million, 2021 to 2032
3.2 Can Coatings Market Outlook by Type, $ Million, 2021 to 2032
3.3 Can Coatings Market Outlook by Product, $ Million, 2021 to 2032
3.4 Can Coatings Market Outlook by Application, $ Million, 2021 to 2032
3.5 Can Coatings Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Can Coatings Industry
4.2 Key Market Trends in Can Coatings Industry
4.3 Potential Opportunities in Can Coatings Industry
4.4 Key Challenges in Can Coatings Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Can Coatings Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Can Coatings Market Outlook by Segments
7.1 Can Coatings Market Outlook by Segments, $ Million, 2021- 2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
8 North America Can Coatings Market Analysis and Outlook To 2032
8.1 Introduction to North America Can Coatings Markets in 2024
8.2 North America Can Coatings Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Can Coatings Market size Outlook by Segments, 2021-2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
9 Europe Can Coatings Market Analysis and Outlook To 2032
9.1 Introduction to Europe Can Coatings Markets in 2024
9.2 Europe Can Coatings Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Can Coatings Market Size Outlook by Segments, 2021-2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
10 Asia Pacific Can Coatings Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Can Coatings Markets in 2024
10.2 Asia Pacific Can Coatings Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Can Coatings Market size Outlook by Segments, 2021-2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
11 South America Can Coatings Market Analysis and Outlook To 2032
11.1 Introduction to South America Can Coatings Markets in 2024
11.2 South America Can Coatings Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Can Coatings Market size Outlook by Segments, 2021-2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
12 Middle East and Africa Can Coatings Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Can Coatings Markets in 2024
12.2 Middle East and Africa Can Coatings Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Can Coatings Market size Outlook by Segments, 2021-2032
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Akzo Nobel N.V.
Axalta Coating Systems
IPC GmbH & Co. KG
Kansai Paint Co. Ltd
Kupsa Coatings
National Paints Factories Co. Ltd
PPG Industries Inc
RPM International Inc
The Sherwin-Williams Company
TIGER Coatings GmbH & Co. KG
TOYOCHEM CO. Ltd
VPL Coatings GmbH & Co KG
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Epoxy
Acrylic
Polyester
Others
By Application
Food Can
Beverage Can
General Line Can
Aerosol Can
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Can Coatings Market Size is valued at $2.5 Billion in 2024 and is forecast to register a growth rate (CAGR) of 3.9% to reach $3.4 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Akzo Nobel N.V., Axalta Coating Systems, IPC GmbH & Co. KG, Kansai Paint Co. Ltd, Kupsa Coatings, National Paints Factories Co. Ltd, PPG Industries Inc, RPM International Inc, The Sherwin-Williams Company, TIGER Coatings GmbH & Co. KG, TOYOCHEM CO. Ltd, VPL Coatings GmbH & Co KG
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume