Global Packaging Adhesives Market Size, Trends and Growth Opportunity, By Technology (Solvent-Based, Water-Based, Hot Melt, and Others), By Application (Folding Cartons, Labeling, Boxes & Cases, Flexible Packaging, and Others), By Region and Forecast Till 2027.
Report ID : IR1001166 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 248
Global Packaging Adhesives Market Size, Trends and Growth Opportunity, By Technology (Solvent-Based, Water-Based, Hot Melt, and Others), By Application (Folding Cartons, Labeling, Boxes & Cases, Flexible Packaging, and Others), By Region and Forecast Till 2027.
Global Packaging Adhesives Market
Market Overview
Global Packaging Adhesives Market was valued at USD 7.2 billion in 2021 which is expected to reach USD 17.5 billion by 2027 at a CAGR 15.95%.
Packaging adhesives are produced using a variety of processes, including hot melt, solvent-based, and water-based. They have several uses, including folding cartons, labeling, boxes and cases, flexible packaging, and other applications. The market for packaging adhesives will increase globally as public awareness of the issue and the eco-friendliness of packaging adhesives rises.
Market Drivers
The primary factor anticipated to fuel the growth of the worldwide packaging adhesives market is consumers' growing awareness of the importance of food safety. Moreover, the growth of the worldwide packaging adhesives market would be positively impacted by the rise in demand from the food and beverage industry brought on by rising population, increased disposable income, and changing dietary preferences. Also, during this forecast period, a surge in the need for flexible packaging in the food and beverage industry is anticipated to fuel the expansion of the worldwide packaging adhesives market. Also, the packaged food business is expanding thanks to cutting-edge processing techniques used to extend food products' shelf lives, which is anticipated to raise the market's need for packaging adhesives.
Market Restraints
The development of the packaging adhesives market may face further challenges in the near future due to rigorous government regulations and laws to reduce VOC.
Market Segmentation
The global packaging adhesives market is segmented into technology such as solvent-based, water-based, hot melt, and others. Further, global packaging adhesives market is segmented into application such as folding cartons, labeling, boxes & cases, flexible packaging, and others.
Regional Analysis
The global packaging adhesives market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market for packaging adhesives is dominated by North America because to the growing popularity of water-based adhesives. Throughout the projected period, the introduction of novel techniques and continuing technical developments will further accelerate the growth of the packaging adhesives market in the area. A large amount of market expansion for packaging adhesives is anticipated in Asia-Pacific as a result of changing lifestyles and rising disposable income.
Market Key Players
Various key players are discussed in this report such as DYMAX, Ashland, Wacker Chemie AG, SIKA, Jowat AG, Paramelt B.V., Bostik, Avery Dennison, HB Fuller, 3M,and Henkel
Market Taxonomy
By Technology
• Solvent- Based
• Water-Based
• Hot Melt
• Others
By Application
• Folding Cartons
• Labeling
• Boxes & Cases
• Flexible Packaging
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Packaging Adhesives Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Packaging Adhesives Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Packaging Adhesives Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Packaging Adhesives Market Share Analysis, By Technology
5.3 Global Packaging Adhesives Market Size and Forecast, By Technology
5.3.1 Solvent-Based
5.3.2 Water-Based
5.3.3 Hot Melt
5.3.4 Others
6 Global Packaging Adhesives Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Packaging Adhesives Market Share Analysis, By Application
6.3 Global Packaging Adhesives Market Size and Forecast, By Application
6.3.1 Folding Cartons
6.3.2 Labelling
6.3.3 Boxes & Cases
6.3.4 Flexible Packaging
6.3.5Others
7 Global Packaging Adhesives Market, By Region
7.1 Global Packaging Adhesives Market Share Analysis, By Region
7.2 Global Packaging Adhesives Market Size and Forecast, By Region
8 North America Packaging Adhesives Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Packaging Adhesives Market Share Analysis, By Technology
8.3 North America Packaging Adhesives Market Size and Forecast, By Application
8.4 North America Packaging Adhesives Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Packaging Adhesives Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Packaging Adhesives Market Share Analysis, By Technology
9.3 Europe Packaging Adhesives Market Size and Forecast, By Application
9.4 Europe Packaging Adhesives Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Packaging Adhesives Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Packaging Adhesives Market Share Analysis, By Technology
10.3 Asia Pacific Packaging Adhesives Market Size and Forecast, By Application
10.4 Asia Pacific Packaging Adhesives Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Packaging Adhesives Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Packaging Adhesives Market Share Analysis, By Technology
11.3 Latin America Packaging Adhesives Market Size and Forecast, By Application
11.4 Latin America Packaging Adhesives Market Size and Forecast, By Country
12 Middle East Packaging Adhesives Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Packaging Adhesives Market Share Analysis, By Technology
12.3 Middle East Packaging Adhesives Market Size and Forecast, By Application
12.4 Middle East Packaging Adhesives Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 DYMAX
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Ashland
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Wacker Chemie AG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 SIKA
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Jowat AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Paramelt B.V
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Bostik
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Avery Dennison
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 HB Fuller
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 3M
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Henkel
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies