Paint Cans Market Precise Analysis On Business Overview, Product Scope
Global Paint Cans Market: Overview
As increase in construction is observed, it expected that the global paint cans market would grow at a steady pace. This will be owing to an increase in demand for paints. Another factor that would drive the market is wall décor. Here again, a demand for paint would drive market for cans. It comes as no surprise then that the paint cans market is set to grow at a modest CAGR (Compound Annual Growth Rate). This would translate to a considerable market worth by the end of 2027.
Global Paint Cans Market: Notable Development
Any market sees its future unfold in the way in which players shape its landscape. The competition and advancements, mergers and acquisitions, all determine the next step and the step further. It is not very different for global paint cans market.
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Over the decade one of the most game changing paint con innovation has been that of a Twist & Pour Paint Container. For this container, Dutch Boy also received mention in Brand Packaging Magazine’s “10 Best Packages of the Decade.” The idea addressed multiple concerns of storing, shelving, opening and pouring that were faced by users so far. It also corrected the one major mess that paint bottles, especially metal ones, created. Therefore, it comes as no surprise that it led to the market see the importance of providing easy-to–use designs.
The global paint cans market is fairly fragmented. Prominent names include Ardagh Group, Ball Corporation, RPC Group Plc., Silgan Containers LLC, Kian Joo Can Factory Berhad, Colep Portugal, S.A., BWAY Corporation (MAUSER Packaging Solutions), and National Can Industries Pty. Ltd.
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