Paint Cans Market Size, Share & Growth Report for 2031

November 24, 2022November 24, 2022 ankush

By the end of 2021, the market is projected to have a CAGR of 4.1 percent, valuing itself at 4.7 billion. By the end of 2021, it is anticipated that paint can sales would have increased to 10,086 million units.

The market for paint cans is dominated by metal paint cans. This is because people are becoming more aware of the drawbacks of using plastic items and the benefits that metal cans provide.

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Paint Cans Market – Outlook

The global paint cans market is anticipated to accelerate at a moderate CAGR during the forecast period. A significant boost to the paint cans market 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 aluminium remain highly sought-after materials for the manufacturing of painting cans.

Growth in the demand for spray paints has been recorded in the automotive industry, on the back of the increasing inclination for personalization and maintenance activities. This could act as a deterrent to the growth of the paint cans market during the forecast period.

In addition, the possibility of air transmission of coronavirus reestablished trust among individuals regarding paint cans away from spray paints, which is likely to uphold the sales during the forecast period. However, the demand for paint could decrease during the pandemic, owing to the lockdown imposed in different geographies across the world.

Besides this, the rising demand for paint cans from the eCommerce portals further require cans that are transportation-friendly. Since paint cans are more convenient to transport than their counterparts, their sales are likely to gather momentum.

Stringent Regulations Might Cause Effective Re-penetration of Metal Paint Cans

The study shows that despite the growth in market share of plastic paint cans in the initial years, the number of manufacturers of metal paint cans is more than those of plastic paint cans. This is due to the growing awareness regarding the use of plastic products, given their adverse effects on the environment. Metal paint cans are mostly made of steel, out of which, around 25% is recycled steel.

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Key Companies Profiled

Ball Corporation
RPC Group Plc.
Silgan Containers LLC
Kian Joo Can Factory Berhad
Colep Portugal, S.A.
BWAY Corporation (MAUSER Packaging Solutions)
National Can Industries Pty. Ltd.
Allied Cans Limited
Aaron Packaging, Inc.
Allstate Can Corporation
Lancaster Container, Inc.
Baltic Packaging A/S
Envases Universales Group

Key Segment

By Product Type:

Metal Cans
Plastic Cans
Hybrid Cans

By Material Type:

Plastic
- High Density Polyethylene (HDPE)
- Polypropylene (PP)
Metal
- Tin
- Steel

By Capacity:

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

Regional Analysis:

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Europe
- Germany
- Italy
- France
- U.K.
- Spain
- Benelux
- Russia
- Rest of Europe
South & East Asia
- India
- Thailand
- Indonesia
- Malaysia
- China
- Japan
- South Korea
- Rest of South & East Asia
Oceania
- Australia
- New Zealand
Middle East and Africa (MEA)
- GCC Countries
- Turkey
- Israel
- Northern Africa
- South Africa
- Rest of MEA
Emerging Countries
- China
- India