About Packaging Adhesives
Packaging adhesives have multipurpose packaging applications, such as flexible packaging, case & carton closures, folding cartons envelopes, and in corrugated converting. Intensively used in beverage cartons, folding boxes, bags, and labeling and is expected to thrive in the coming years. Adhesive packaging market ranges from flexible packaging to rigid packaging
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
A number of mergers & acquisitions are observed in the market, leading players are expanding and investing. Some players are venturing new geographies to realise competitive advantage through combined synergies. For Packaging Adhesives, the global market is highly competitive that consists of well-established providers. The competitive standpoint along with varying consumer spending, and timely changing consumer taste account for opportunistic market growth. A quality & sustainable product will be a major area of focus for the new entrants as well as the current manufacturers. The market is also anticipated to develop new compounds, which is likely to facilitate the growth of the global market throughout the forecast period Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Packaging Adhesives market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Meridian Adhesives Group (United States), Arkema (United States), Dow (United States), H.B. Fuller (United States), Henkel (Germany), Franklin International (United States), Wacker Chemie (Germany), Avery Dennison (United States), ITW (United States), Pidilite Industries Ltd. (India), Henkel Adhesive Technologies Pvt. Ltd. (India), Anabond Ltd. (India), Ecoplas Sdn. Bhd. (Malaysia) and Tomypak Pvt Ltd. (Malaysia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Packaging Adhesives market by Type (Cold-seal, Hot-seal, Solvent-based Adhesives, Water-based Adhesives and Solventless Adhesives (Pure solids)), Application (Flexible Packaging, Folding Carton, Case & Carton, Labelling and Other products) and Region.
On the basis of geography, the market of Packaging Adhesives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Malaysia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Food & Beverage Packaging will boost the Packaging Adhesives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Hybrid Adhesives Technologies and Increasing Usage of Acrylic Water Borne Adhesives
Market Growth Drivers:
Demand for Silicon Based Conductive Adhesives in Automotive Sector on rise. and Growing Demand for Bio Adhesives
Challenges:
Recycle and reuse and To produce sustainable Adhesive packaging
Restraints:
Use of non-biodegradable chemicals such as variety of plastics, which can be hazardous to Ecosystem as a whole, Improper disposal practices and Manufacturing of adhesives involves high degree od carbon emission plus enormous waste
Opportunities:
Emerging Technologies in Packaging Sector
Market Leaders and their expansionary development strategies
June 13, 2020 - Bostik launches solvent-free HERBERTS 700 series for Asian market
Food and Drug Administration Notification 07/12/2013; Banned the use of Bisphenol A (BPA)-based epoxy resins as coatings in packaging. and Ministry of Health & Family welfare India Notification 01/08/2011; Laid norms regarding Packaging & labelling of Food items.
Key Target Audience
New Entrants & Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, Traders, Dealers, and Distributors, Venture Capitalists, Government Regulatory, Research and educational institutions and End Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.