Packaging Adhesives Market Share, Size, Trends, Forecast and Analysis of Key Players 2032
The latest report by IMARC Group, titled “Packaging Adhesives Market Report by Type (Water-based Adhesives, Solvent-based Adhesives, Hot-melt Adhesives, and Others), Substrate Material Type (Acrylics, Polyurethane, Polyvinyl Chloride, Polypropylene, and Others), Packaging Type (Flexible Packaging, Folding Cartons, Boxes & Cases, Labeling, and Others), End-Use Industry (Food & Beverages, Cosmetics, Healthcare, and Others), and Region 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 indispensable in the packaging industry, playing a vital role in the construction of various packaging materials. They ensure that the packaged products are safeguarded and preserved throughout the distribution process by bonding, sealing, and securing the packaging components. These adhesives are designed to stick to a broad range of substrates used in packaging, including paperboard, cardboard, plastics, metal, and glass. They come in different forms, such as hot melts, water-based, solvent-based, and reactive adhesives, to accommodate diverse packaging needs and materials.For an in-depth analysis, you can refer sample
copy of the report: https://www.imarcgroup.com/mobile-gaming-market/requestsample
Packaging Adhesives Market Trends and Drivers:
Rising consumer demand for packaged goods in
various industries such as food products, and online retail is a key factor
driving the need for packaging adhesives. Changing preferences for convenience
and the importance of product safety have increased packaging activities.
Companies are focusing more on sustainability and environmental concerns by
opting for eco-friendly packaging solutions that reduce their environmental
impact. Packaging adhesives are now being developed with eco-conscious formulas
that are free from harmful substances. Technological advancements in adhesive
formulations are also improving properties like faster curing times, stronger
bonds, and resistance to harsh conditions. These innovations help manufacturers
enhance their packaging processes, cut production costs, and offer
higher-quality products. The growing e-commerce sector is another significant
driver for packaging adhesives, as secure and efficient packaging solutions are
essential for delivering products safely to consumers. Adhesives play a crucial
role in sealing boxes, securing labels, and providing tamper-evident features,
thus enhancing the safety and reliability of e-commerce packaging. With the
continued expansion of online retail, the packaging adhesives market is expected
to experience ongoing growth.
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.
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.
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