Producers of flexible plastic packaging coating solutions caters to the need of almost every end use industries, namely cosmetic & personal care, beverage, pharmaceuticals industries, food, and others. Flexible plastic packaging coating solutions thus provides operational advantages and enhances brand value for owners as well.Plastic coatings offer high quality finishes regularly. It also offers protection for a wide variety of applications. Some of the important coating varieties that areeasily available in the flexible plastic packaging coating market are urethane & polyurethane coating, Acrylics coating, Epoxy coating and others.
Koninklijke DSM N.V, Jamestown Coating Technologies Company, E.I. Du Pont De Nemours and Company, Axalta Coating Systems Ltd., WackerChemie AG, and Sierra Coating Technologies LLC are some of the leading players of global flexible plastic packaging coating market.
Food and Packaging Industry Bolsters Market Growth
Global flexible plastic packaging coating marketis likely to gain popularity over the years to come. The reasons behind such popularity is its huge application in many industries, such as consumer durables, pharmaceuticals, automotive sectors, food & beverages, electronic goods, cosmetics & personal care, and chemicals.
Flexible plastic packaging coatings are mainly used widely in the food & beverage packaging sector. This is owing to their viability of usage and offering of a perfect finish to the edible product, the global flexible plastic packaging coating market is gaining momentum.
In addition to food and beverage, flexible plastic packaging coatings finds its application across other industries where flexible packaging is indispensible. Such industries comprise chemical packaging, pharmaceuticals, cosmetics & personal care, and others.
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Flexible Plastic Packaging Coating Adds to the Beauty Quotient of Products
A product becomes more visually alluring with the application of flexible plastic packaging coating. An over aesthetic value is added to the product with the application of flexible plastic packaging coating. Such value addition is likely to contribute towards the growth of global flexible plastic packaging coating market over the period of forecast timeframe.
Brand marketers across industries are leaving no stone unturned to expand the consumer base for their products. They are placing products on shiny, smooth, and luxurious finishing tools platforms or retails shelves to attract customers. Flexible plastic coating packaging is perceived as an ideal solution to attract more customers.
There is a much focus on the usage of glossy graphics, colors, and images on the final packaged products. Such steps have boosted the global flexible plastic packaging coating market.
Asia Pacific to Rise to Prominence Due to Flourishing Packaging Industry
On the basis of region, the global flexible plastic packaging coating market is divided into five main geographies, namely North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. The Asia Pacific is foreseen to contribute substantially towards the global flexible plastic packaging coating market share in the next few years to come. The growth in Asia Pacificcan be ascribedto the flourishing packaging industry in Asian countries such as India and China.
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Europe is likely to dominate the global flexible plastic packaging coating market throughout the period assessment. Such dominance is mainly due the major application of the flexible plastic packaging coating in the countries such as Russia, the UK, Poland, Italy, Germany, Spain, France and Nordic countries.
Increased demand for efficient packaging coating solutions has led tothe scaled up popularity of flexible plastic packaging coating solutions in the countries like Canada and the U.S. in the North American region. Driven by the growth of packaging industry in these countries, particularly by the food and beverage industry, theNorth American market for flexible plastic packaging coating is poised for growth.