IMARC Group, a leading market research company, has recently releases report titled “Packaging Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global packaging adhesives market report, share, size, trends, and growth opportunities. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Packaging adhesives are used to bind packaging materials, such as cardboard boxes, paper bags, and plastic for packaging goods. They provide strong, durable bonds that are resistant to heat and moisture and withstand the rigors of transportation and storage. They improve packaging efficiency, reduce packaging waste, and increase product protection. They are more cost-effective than other packaging methods, such as tape or staples, and facilitate a more professional appearance for packaged products.
Packaging Adhesives Industry Trends and Drivers:
The burgeoning food and beverages (F&B) industry is catalyzing the usage of rigid food boxes and sealing paper cartons to store various food items. This represents one of the primary factors positively influencing the market across the globe. In addition, packaging materials are extensively employed in the pharmaceutical industry for maintaining the sterility of the products and protecting the medicines from bacterial contamination, which is creating a positive market outlook. Besides this, the easy availability of water-based, solvent-based, and hot melt adhesives for sticking colored and clear labels on various products is creating a favorable market outlook. Furthermore, packaging adhesives are employed to seal paperboard pints, plastic containers, and trays for food items like dairy products, which is stimulating the growth of the market worldwide.
List of Major Key Players:
The major players in the market are
- 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, etc.
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The report has segmented the market into the following categories:
- Water-based Adhesives
- Solvent-based Adhesives
- Hot-melt Adhesives
By Substrate Material Type:
- Polyvinyl Chloride
By Packaging Type:
- Flexible Packaging
- Folding Cartons
- Boxes & Cases
By End-Use Industry:
- Food & Beverages
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
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