Global Back Adhesive Market Overview:
The back adhesive are widely used in the project activities and retail sector for packaging and labeling. They are basically the stickers used in the paper for adhesiveness, they are also used in laminating papers. The back adhesive are available in various kinds of colors and sizes in online platform.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Use of Back Adhesive in Consumer Goods Products and Back Adhesive are Available in Various Color and Sizes
Market Growth Drivers:
Increasing Demand for Adhesives for the Use in Projects and Activities and Need for Adhesives for Packaging
Challenges:
Issues with Decreased Stability and Complexity of Applying and The Problem with the Lack of Considering Temperature Extremes
Restraints:
Impact of Back Adhesives on Environment
Opportunities:
The E-commerce Availability of Back Adhesive and Increasing Demand for Back Adhesive from Students
Competitive Landscape:
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are DAVCO Technology, LLC (United States), LATICRETE International, Inc (United States), Bostik (United States), Saint-Gobain Weber (India), Oriental Yuhong Waterproof Technology Co.Ltd (China), Henkel AG & Company, KGaA (Germany), Easy Plas Technology Co. (China), MAPEI (Italy) and Sika AG (Switzerland). Analyst at AMA Research see United States Vendors to retain maximum share of Global Back Adhesive market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Offline will boost the Back Adhesive market. Considering Market by Industry Verticals, the sub-segment i.e. Retail will boost the Back Adhesive market.
Latest Market Insights:
In September 2023, Henkel AG & Co. KGaA announced the launch of its new Purbond hot melt adhesive, which is designed to be used in the packaging industry. The new adhesive is said to be faster-setting, stronger, and more durable than other hot melt adhesives on the market.
What Can be Explored with the Back Adhesive Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Back Adhesive Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Back Adhesive
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Back Adhesive market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Back Adhesive market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Back Adhesive Manufacturers, Back Adhesive International Traders, Back Adhesive Distributors and Suppliers, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.