The packaging coating market was valued at $2,830 million in 2016, and is expected to reach $3,865 million by 2023, registering a CAGR of 4.6% from 2017 to 2023. Packaging may be defined as an economical means of providing presentation, protection, identification, containment, convenience, and compliance for a product during storage, transportation, display, and usage. Packaging coatings are considered as special materials meant for protection and embellishment of packaging associated with beverages, food, aerosol & paint cans, and metal closures.