SkyQuest Technology Group recently introduced India Packaging Coating Market study with in-depth overview, describing about the Product/Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. The India Packaging Coating Market has witnessed Excellent growth over the past decade and is expected to maintain its upward trajectory.
India Packaging Coating Market size was valued at USD 2.02 billion in 2023 and is poised to grow from USD 2.15 billion in 2024 to USD 3.47 billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).
The packaging coatings market in India has witnessed significant growth in recent years, driven by factors such as increasing urbanization, rising disposable incomes, and the growing e-commerce sector. The demand for packaging coatings is closely linked to the packaging industry, which serves various sectors such as food and beverages, pharmaceuticals, personal care, and industrial goods. In terms of supply conditions, India has a well-established manufacturing base for packaging coatings, with both domestic and international companies operating in the market. This has resulted in a competitive landscape with a wide range of coating options available to meet diverse packaging requirements. Additionally, advancements in technology and manufacturing processes have improved the quality and performance of packaging coatings, further fueling market growth. Short-term factors that can affect the packaging coatings market include fluctuations in raw material prices, supply chain disruptions, and changes in consumer preferences.
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The 2025 global India Packaging Coating Market report provides a comprehensive analysis of key industry players, market trends, pricing structures, and competitive dynamics, offering insights into the market landscape from 2025 to 2032. As a rapidly evolving sector, the India Packaging Coating Market drives economic growth, innovation, and technological advancements through the development, production, and distribution of products and services. This report highlights the market’s growth potential and its impact on global industries, providing valuable insights for stakeholders, investors, and policymakers.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2032, Y-o-Y growth rate, and CAGR):
The India Packaging Coating Market can be segmented based on several factors, including product type, application, end-user, and distribution channel.
Resins
Epoxies, Acrylics, Polyurethane, Polyolefins, Polyester, Other Resins
Technology
Waterborne, Solventborne, Energy Curable, Digital
Packaging Type
Rigid Packaging, Flexible Packaging, Others
End-use
Food & Beverages, Cosmetics, Pharmaceuticals, Consumer Electronics, Other End Use
India Packaging Coating Market – Regional Analysis:
– India Packaging Coating North America Market includes (Canada, Mexico, USA)
– India Packaging Coating Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
– India Packaging Coating Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
– India Packaging Coating South America Market includes (Brazil, Argentina)
– India Packaging Coating Oceania Market (Australia & New Zealand)
Top Market Players in India Packaging Coating Market are:
PPG Industries, Inc. (United States)
Akzo Nobel N.V. (Netherlands)
BASF SE (Germany)
Sherwin-Williams Company (United States)
Axalta Coating Systems Ltd. (United States)
Nippon Paint Holdings Co., Ltd. (Japan)
Kansai Paint Co., Ltd. (Japan)
Jotun A/S (Norway)
Hempel A/S (Denmark)
RPM International Inc. (United States)
Asian Paints Limited (India)
Masco Corporation (United States)
Sika AG (Switzerland)
DAW SE (Germany)
Beckers Group (Sweden)
Benjamin Moore & Co. (United States)
Valspar Corporation (United States)
Berger Paints India Limited (India)
Cloverdale Paint Inc. (Canada)
India Packaging Coating Key Market Trends:
Increasing Demand for Acrylics: the Indian packaging coating market can be attributed to the exceptional properties and adaptability offered by acrylic resins. Derived from acrylic acid, methacrylic acid, or related acryl-based acids, these resins present a compelling array of characteristics that position them as an optimal choice for coating materials. Their exceptional transparency, robust durability, and formidable resistance to environmental elements, such as moisture, chemicals, and UV radiation, have made them highly sought-after in the packaging sector.
Within packaging applications, such as beverage cans and food cans, acrylic resins have established a prominent presence due to their capacity for enduring and withstanding various environmental challenges. Notably, their resistance to staining, blistering, and cracking elevates their desirability as coatings for packaging materials. Acrylic resins, encompassing both thermoplastic and thermosetting variants, are especially favored for their ability to maintain structural integrity even in the face of diverse and demanding environmental conditions. This trend aligns seamlessly with the evolving needs of the packaging industry in India, where the demand for reliable and versatile coating materials has seen substantial growth. The versatility of acrylic resins allows them to excel in multiple facets of packaging, from enhancing the durability of beverage cans to preserving the integrity of food cans during storage and transportation. Additionally, their capacity to resist staining and damage ensures that the packaged products maintain their visual appeal and quality.
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Forward-Looking Insights
The India Packaging Coating Market is set to experience sustained growth, fueled by technological advancements, broader global market access, and rising industry demand. With the industry addressing emerging challenges and capitalizing on new opportunities, it is expected to drive innovation and play a pivotal role in advancing global health and economic progress.
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