Paint Cans Market Size, Share, Trends, Growth and Forecast 2030

Global Paint Cans Market: Overview

The global Paint Cans Market size was worth around USD 4,300.25 Million in 2022 and is predicted to grow to around USD 5,498.41 Million by 2030 with a compound annual growth rate (CAGR) of roughly 3.12% between 2023 and 2030.

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Paint cans are packaging containers that are used to store paints, varnishes, and lacquers that are resistant to solvents and have a secure, double seal design to prevent leakage. Paint cans are one of the most common types of paint packaging, containing paints and coatings that are manufactured by different brands and companies. Paint is used to protect walls against water and sun, as well as metal fixtures in many developing countries, and large paint cans are required. Further, the easy availability of paint cans in emerging countries due to strong distribution networks enhances the demand in the market.

A significant boost to the paint cans adoption is from the fact that packaging is no longer about the look, but about the value of convenience, transportation, and storage. As a result, steel and aluminum remain highly sought-after materials for the manufacturing of painting cans.

Global Paint Cans Market: Growth Factors

The global paint cans market is growing at an exponential rate driven by the increasing popularity of wall decor among consumers. Also, other factors that are fueling the growth of the global market include increasing paint activities in automotive, marine, coil, wood, aerospace, rail, and packaging coatings among others. Metals are preferred over other plastic materials owing to roughness and their extended shelf life. This is attributed to the increasing demand for tough, durable, and recyclable containers that build a sizable amount of paint which in turn is driving the market growth. Aluminum, steel, and tin are the most preferred metals in the manufacture of packaging of paints. However, the rising availability of cost-effective substitutes to paints in the market hampers the demand for global paint cans market. Furthermore, rapid growth in the construction industry and a growing number of households in emerging countries such as China, India, and Brazil are expected to witness solid growth in the global paint cans market and are anticipated to offer lucrative opportunities in the forecast period. The leading key players are investing in new product launches in the paint industry that is anticipated to drive the paint cans market in the near future.

Additionally, the current outbreak of COVID-19 is creating a major impact on the global paint cans market. The rising concern over the spread of coronavirus has led to the imposition of strict regulations on the manufacturing and construction industry. The construction industry has been observing the adverse effects of the COVID-19 outbreak. Also the growth of building and infrastructure development is directly associated with the demand for paint cans. Additionally, the limitation on personnel movement and a temporary shutdown of manufacturing units also hampered the productivity of paint cans. Hence, the value chain disruption in manufacturing was seen in the pandemic period. However, ease in restrictions and resuming construction activities is expected to spur the growth of the global market during the forecast period.

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Global Paint Cans Market: Segmentation

The global paint cans market is divided based on product type, material type, capacity, and region. Based on product type, the global paint cans market is split into metal cans, plastic cans, and hybrid cans. Among these, metal cans are estimated to be the top-selling product type during the forecast period. The material type segment is bifurcated into plastic and metal. 1000 ml & below, 1001 – 2000 ml, 2001 – 3000 ml, 3001 – 4000 ml, and 4001 ml & above are the types of capacity available for paint cans.

Global Paint Cans Market: Regional Analysis

Asia Pacific region is projected to hold the highest share in the global paint cans market during the forecast period. China is the key revenue generator in Asia Pacific paint cans market. Factors such as growing urbanization, rapid growth in infrastructure development, and rising nuclear families are encouraging the construction industry which in turn boosts the paint cans market growth in this region. Further, changing lifestyle of consumers and increasing demand for canned packaging is also fueling the market growth. On the other hand, Europe is expected to grow at an effective rate and is projected to offer plenty of opportunities for market growth. Some of the factors that are boosting the growth of the market in this region include increasing focus on producing environment-friendly and supportable paints by key players.

Paint Cans Market: Report Scope

Global Paint Cans Market: Competitive Players

The global paint cans market is highly fragmented due to the presence of global and domestic key players in the market. 

• Ball Corporation
• Silgan Containers LLC
• Colep Portugal
• National Can Industries Pty. Ltd
• Kian Joo Can Factory Berhad
• BWAY Corporation
• Baltic Packaging A/S
• Lancaster Container
• RPC Group Plc. 
• Allied Cans Limited

are some of the prominent players that are operating in the global Paint cans market. The leading players in the market are continuously focusing on new product development and offer other organic strategies to gain a competitive edge in the market. These leading players are investing in the development of customized packaging boxes to meet the promotional and advertising requirements of their customers.

By Material Type:

• Plastic
• Metal

BY Product Type:

• Metal cans
• Plastic cans
• Hybrid cans

By Capacity:

• 1000 ml & below
• 1001 – 2000 ml
• 2001 – 3000 ml
• 3001 – 4000 ml
• 4001 ml & above

Global Paint Cans Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.