The future of the global packaging adhesive market looks promising with opportunities in the case & carton, corrugated packaging, labeling, flexible packaging, folding cartons, and specialty packaging markets. The global packaging adhesive market is expected to reach an estimated $26.5 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing awareness among consumers in developing nations about the importance of food safety, growing consumer appetite for packaged food and beverage products, and rapidly rising e-commerce industry across the globe.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the packaging adhesive market
by technology (solvent-based, water-based, hot melt, and others), application
(case & carton, corrugated packaging, labeling, flexible packaging, folding
cartons, specialty packaging, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
solvent-based, water-based, and hot melt are the major segments of packaging
adhesive market by technology. Lucintel forecasts that water-based will remain
the largest segment over the forecast period because they are water-soluble and
has better moisture resistance than other adhesives, as well as, water-based
technology is becoming increasingly favored among manufacturers of packaging
adhesives owing to heightened environmental awareness and more stringent VOC
regulations.
Within this market,
labelling will remain the highest growing segment over the forecast period
because these adhesives are crafted from natural and soluble synthetic polymers
and are employed for labeling and bonding purposes owing to their
eco-friendliness.
APAC will remain the
highest growing region over the forecast period due to shifts in lifestyle,
increased disposable income, population growth in various nations and expanding
production of packaged food and beverages in this region.
3M, Dow, Henkel, H.B.
Fuller Company, Sika, Arkema Group, Jowat, Ashland, Wacker Chemie, and Paramelt
RMC are the major suppliers in the packaging adhesive market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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