Top 10 Companies in the Packaging Inks and Coatings Industry (2024): Market Leaders Transforming Global Packaging

In Business Insights
September 10, 2025

The Global Packaging Inks and Coatings Market was valued at USD 26.2 Billion in 2022 and is projected to reach USD 34.9 Billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2023-2035). This growth is driven by rising demand for sustainable packaging, expansion of e-commerce logistics, and tightening food safety regulations worldwide.

As the packaging sector shifts toward eco-friendly materials and digital printing technologies, leading chemical manufacturers are developing innovative formulations that balance performance with environmental responsibility. Here, we examine the Top 10 Companies in the Packaging Inks and Coatings Industry – established leaders and emerging innovators driving the evolution of packaging solutions.


🔟 1. Sun Chemical Corporation

Headquarters: Parsippany, New Jersey, USA
Key Offering: Water-based inks, UV-curable coatings, sustainable solutions

Sun Chemical commands over 25% of the global packaging inks market through its parent company DIC Corporation. The company specializes in flexographic and gravure inks for flexible packaging, labels, and folding cartons, supported by extensive R&D facilities.

Sustainability Initiatives:

  • SunEvo® bio-renewable ink line introduced in 2023

  • 35% reduction in VOC emissions since 2015

  • Partnerships with major brands for circular economy solutions

Download FREE Sample Report: Packaging Inks and Coatings Market – View in Detailed Research Report


9️⃣ 2. Flint Group

Headquarters: Luxembourg
Key Offering: Narrow web inks, energy-curable solutions, flexible packaging coatings

Flint Group serves over 6,000 customers globally with specialized solutions for various printing processes. The company focuses on developing environmentally responsible products while maintaining high-performance standards.

Sustainability Initiatives:

  • EkoCure® solvent-free coatings for food packaging

  • 30% bio-renewable content in product portfolio


8️⃣ 3. AkzoNobel NV

Headquarters: Amsterdam, Netherlands
Key Offering: Metal packaging coatings, powder coatings, container solutions

AkzoNobel leads the global metal packaging coatings market, protecting over 350 billion food and beverage containers annually. Its Interpon and Resicoat brands are industry benchmarks for durability and food safety.

Sustainability Initiatives:

  • Planet Possible program achieving 30% carbon footprint reduction

  • Bisphenol-NI coatings for food contact applications

Download FREE Sample Report: Packaging Inks and Coatings Market – View in Detailed Research Report


7️⃣ 4. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Industrial coatings, protective finishes, packaging solutions

PPG’s packaging division focuses on high-performance coatings for aluminum cans and closures, with innovative developments including self-healing coatings and smart packaging indicators.

Sustainability Initiatives:

  • Envirocron® coatings with 50% renewable materials

  • Waterborne technology reducing VOC emissions by 90%


6️⃣ 5. ALTANA AG

Headquarters: Wesel, Germany
Key Offering: Specialty coatings, printing inks, effect pigments

ALTANA’s ACTEGA division creates functional coatings that enable packaging recycling while meeting food contact regulations. Their solutions are used in millions of food packages daily.

Sustainability Initiatives:

  • Terrapin® biodegradable coatings technology

  • Closed-loop recycling collaborations with brand owners


5️⃣ 6. Axalta Coating Systems

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Metal packaging coatings, can interior protectants

Axalta ranks as the second-largest global supplier of coatings for metal packaging, with formulations that prevent corrosion and maintain product quality throughout shelf life.

Sustainability Initiatives:

  • Energy Cure’s “Zero VOC” technology platform

  • PCR plastic-compatible coatings promoting circularity


4️⃣ 7. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Sustainable inks, high-performance polymers, functional coatings

Beyond owning Sun Chemical, DIC develops advanced resin technologies for packaging applications, leveraging its expertise in color science to drive brand differentiation.

Sustainability Initiatives:

  • Biomass-derived polyester resins for inks

  • “Loop” ink cartridge recycling program


3️⃣ 8. Siegwerk Druckfarben

Headquarters: Siegburg, Germany
Key Offering: Circular packaging solutions, UV flexo inks, digital printing inks

Siegwerk specializes in recyclable and compostable inks for flexible packaging and labels, with global R&D centers focused on packaging safety innovations.

Sustainability Initiatives:

  • Cradle-to-Cradle certified ink systems

  • Monomer-free UV inks for food packaging


2️⃣ 9. TOYO Ink Group

Headquarters: Tokyo, Japan
Key Offering: Sheetfed inks, gravure inks, functional coatings

Operating in 27 countries, TOYO Ink provides specialty solutions for high-value packaging applications through its sustainable Lioaccum™ technology platform.

Sustainability Initiatives:

  • Bio-Mass Ink series reducing fossil fuel dependence

  • Phthalate-free formulations for food contact


1️⃣ 10. T&H Packaging Ink Group

Headquarters: Shanghai, China
Key Offering: Gravure inks, water-based coatings, laminating adhesives

T&H has emerged as China’s largest packaging ink manufacturer, supplying cost-effective, high-performance solutions to domestic and international markets.

Sustainability Initiatives:

  • EU-compliant eco-friendly ink series

  • Growing investment in digital inkjet technologies

Get Full Report Here: Packaging Inks and Coatings Market – View in Detailed Research Report


📦 Outlook: The Future of Packaging Inks and Coatings

The packaging coatings industry is undergoing a profound transformation as sustainability becomes paramount. Emerging technologies are creating new possibilities for smart packaging and circular economy models.

📈 Key Market Trends:

  • Rapid adoption of water-based and bio-based formulations

  • Expansion of digital printing technologies in packaging

  • Development of functional coatings with enhanced barrier properties

  • Increasing regulations on food safety and recyclability

Get Full Report Here: Packaging Inks and Coatings Market – View in Detailed Research Report

The companies profiled above are not merely suppliers – they’re pioneers of sustainable packaging, driving innovation and collaboration throughout the value chain.