Packaging Adhesives Market Report 2024-2032: Scope, Share, Size, Outlook, Forecast and Analysis

The latest report by IMARC Group, titled “Packaging Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global packaging adhesives market size reached US$ 13.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Packaging adhesives are vital in the packaging industry, serving as essential components for assembling diverse packaging materials. These adhesives are pivotal for bonding, sealing, and securing packaging components, guaranteeing the protection and preservation of packaged products from manufacturers to consumers. Specifically designed to adhere to a broad spectrum of substrates commonly utilized in packaging—such as paperboard, cardboard, plastics, metal, and glass—packaging adhesives are available in multiple forms, including hot melts, water-based, solvent-based, and reactive adhesives. 

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/packaging-adhesives-market/requestsample

Packaging Adhesives Market Trends and Drivers:

Escalating demand for packaged goods across sectors such as food and beverages, pharmaceuticals, consumer goods, and e-commerce is a key driver. This surge is fueled by shifting consumer preferences towards convenience and the growing emphasis on product safety. Consequently, there's a heightened need for packaging activities, boosting the demand for packaging adhesives. These adhesives play a crucial role in maintaining package integrity, preventing leaks, and extending shelf life.

Furthermore, sustainability concerns are gaining prominence in the packaging industry. Companies are increasingly turning to eco-friendly packaging solutions to reduce their carbon footprint. Packaging adhesives are aligning with this trend by offering formulations that are free from harmful chemicals and solvents.

Technological advancements are also shaping the market. Advanced adhesive formulations with superior properties like faster curing times and enhanced bond strength are gaining traction. These innovations enable manufacturers to optimize packaging processes, cut production costs, and deliver higher-quality products.

The e-commerce boom is another significant driver fueling the demand for packaging adhesives. With the rapid growth of online shopping, there's a need for efficient and secure packaging solutions. Packaging adhesives play a vital role in sealing corrugated boxes, securing labels, and providing tamper-evident features, thus enhancing the safety and reliability of e-commerce packaging.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Water-based Adhesives
  • Solvent-based Adhesives
  • Hot-melt Adhesives
  • Others

Breakup by Substrate Material Type:

  • Acrylics
  • Polyurethane
  • Polyvinyl Chloride
  • Polypropylene
  • Others

Breakup by Packaging Type:

  • Flexible Packaging
  • Folding Cartons
  • Boxes & Cases
  • Labeling
  • Others

Breakup by End-Use Industry:

  • Food & Beverages
  • Cosmetics
  • Healthcare
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M
  • Arkema Group
  • Ashland Inc.
  • Avery Dennison Corporation
  • Dymax Corporation
  • H.B. Fuller Company
  • Henkel AG & Co. KGaA
  • Jowat SE
  • Paramelt RMC B.V.
  • Sika AG
  • The DOW Chemical Company
  • Wacker Chemie AG

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group

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Email: sales@imarcgroup.com

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