05-Nov-18
The packaging coating additives market is projected to grow from US$688.4 million in 2018 to US$874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023. The packaging coating additives market is expected to witness growth owing to the increasing demand from packaging applications such as food packaging, consumer packaging, and industrial packaging. Rising competition and increasing concerns regarding environmental safety are encouraging manufacturers to develop packaging which is cost-effective, requires fewer resources, and provides better protection. However, stringent government regulations regarding the use of plastics are expected to hamper the growth of the packaging coating additives market. Volatility in raw material prices might adversely affect the overall cost of production incurred by the packaging coating additives manufacturers.
食品包装申请细分市场占2017年包装涂料添加剂市场最大的份额。据估计，该市场在2018 - 2023年的预测期间也是增长最快的市场。中产阶级经济体（如中国和印度）的收入显着增加，从而提高了生活水平，对包装食品的需求增加导致食品包装应用的增长。
The Asia Pacific packaging coating additives market has been studied for China, Japan, India, Indonesia, and the Rest of Asia Pacific. The Asia Pacific region is an emerging and lucrative market for packaging coating additives owing to the increasing demand for food packaging and improving economic conditions. Product innovations, new research and development projects, and increasing demand from consumer and industrial application have also fueled the demand for metal packaging coating additives in Asia Pacific.
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