Global Can Coatings Market Size Likely to Grow at a CAGR of 6.12% By 2034

Market Size and Growth

As per the Can Coatings Market size analysis conducted by the CMI team, the can coatings market is expected to record a CAGR of 6.12% from 2025 to 2034. In 2025, the market size was USD 534.57 Million. By 2034, the valuation is anticipated to reach USD 912.15 Million.

Overview

As per the industry experts at CMI, the global can coatings market will witness a decent CAGR between 2025 and 2034. This could be attributed to rising demand for packaged food and beverages, evolving lifestyles of consumers, and the requirement of high-performance coatings and food safety for preserving product taste and quality. The key dynamics encompass regulatory shifts devoid of bisphenol A (BPA), growing demand for eco-friendly and sustainable solutions, and fast growth witnessed by Asia Pacific, especially in China and India, due to a rise in middle class incomes.

Key Trends & Drivers

• Growing Demand for Packaged Foods to Spell Growth: Exploding population, especially in the urban areas, along with busier lifestyles, is raising demand for canned beverages and food, which, in turn, does drive the requirement of can coatings. The coatings provide a vital barrier against corrosion and contamination, thereby ascertaining taste, safety, and nutritional value on the part of packaged products. Regulators and consumers are pushing for eco-friendly packaging, thereby resulting in increased demand for recyclable and sustainable can coatings.

• Product Innovation and Regulatory Compliance to Catalyze Growth: The manufacturers are into the development of novel coating technologies like BPA-NI (BPA-Non-Intent) coatings with the objectives of meeting regulatory requirements and improving performance for several food types like fatty foods and ready meals. Also, sterner regulations, particularly related to phasing out BPA and setting the lower migration limits, are amongst the major influencers of market dynamics and product development.

Report Scope

SWOT Analysis

• Strengths: Can coatings are capable of protecting canned food and beverages from chemical reactions with metal, thereby preserving quality and nutritional value. They make a protective layer available, which improves durability and prevents corrosion, thereby assuring a longer shelf life and product safety. Cans also offer a lightweight design, exceptional portability, and efficient storage, which make the canned products convenient for the consumers.

• Weaknesses: Strict governmental regulations with regard to the presence of specific chemicals like Bisphenol A (BPA) and exercising control over volatile organic compound (VOC) emissions could limit usage of some coatings. The market is also extensively relying on epoxy-based coatings, which may witness disruption from stern regulations being imposed. Potential hazards of coating contents could also adversely affect market growth.

• Opportunities: Demand for eco-friendly and sustainable packaging solutions does present a visible opportunity for the manufacturers to develop greener can coatings. The developing economies are also witnessing an accelerated demand for packaged goods, which does support the can coatings market’s continued growth. Also, specialized coatings are being tried for several applications like general line cans, beverages, and food.

• Threats: Fluctuations in raw materials’ prices could impact production costs as well as profitability. Ongoing economic downturns could also result in decreased spending on the packaged goods, thereby negatively affecting the demand for can coatings. This could also lead to disruptions in the supply chain, thereby slowing down the can coatings market.

List of the prominent players in the Can Coatings Market:

• Ball Corporation
• Kupsa Coatings
• Kansai Nerolac Paints Ltd.
• The Sherwin-Williams Company
• PPG Industries Inc.
• Toyochem Co. Ltd.
• VPL Coatings GmbH & Co. KG
• National Paints Factories Co. Ltd.
• IPC GmbH & Co. KG
• Axalta Coating Systems
• CSC Brands L.P.
• Others

The Can Coatings Market is segmented as follows:

By Resin

• Epoxy
• Polyester
• Acrylic
• Polyolefin

By End-use

• Food
• Beverages

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America