Product Code: RP-ID-10078954 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10078954
Market Overview:
Global Packaging Adhesives Industry By Applications (Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging), and By Technology (Water Based, Solvent Based, Hot Melt) – Market Forecast and Size Analysis 2019-2025
Global Packaging Adhesives Industry was valued at USD 6.39 Billion in the year 2017. Global Packaging Adhesives Industry is further estimated to grow at a CAGR of 4.69% from 2019 to reach USD 9.21 Billion by the year 2025. Packaging adhesives are produced with the help of several technologies such as solvent-based, water-based, and others. They are used in applications such as flexible packaging, specialty packaging, and others. On the basis of application the Industry is segmented as corrugated packaging, flexible packaging, specialty packaging, case & carton, labeling, folding cartons, and others in which flexible packaging segment holds the highest Industry share in the forecasted period owing to the developments in the packaging technology that are used in the research, pharmaceutical, and manufacturing sectors.
Major market players in Packaging Adhesives Industry are H.B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Henkel AG & Company, KGaA, Franklin International Inc., Avery Dennison Corp., Bostik SA, Ashland, DYMAX, and brief information of 10 companies will be provided in the report.
SWOT analysis of Packaging Adhesives Industry:
Strength:
Extensive benefits offered by the packaging adhesives such as strength and tackiness
Wide application in F&B and pharmaceutical industry
Weakness:
Government Regulations to Reduce Volatile organic compounds (VOC)
Opportunities:
Developments in the manufacturing sectors
Growing awareness for eco-friendly products
Threats:
Restriction on Use of Some Raw Materials
The global Packaging Adhesives Industry is segmented on the basis of technology, by application, and by region. On the basis of technology the Industry is segmented as Water Based, Solvent Based, and Hot Melt of which water-based segment is expected to hold the highest Industry share during the forecast period and are expected to grow with highest CAGR.
Packaging Adhesives Industry Segmentation:
By Application
• Case & Carton
• Corrugated Packaging
• Labeling
• Flexible Packaging
• Folding Cartons
• Specialty Packaging
• Others
By Technology
• Water Based
• Solvent Based
• Hot Melt
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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