Packaging Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

Packaging Adhesive Trends and Forecast

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.

A more than 150-page report is developed to help in your business decisions.

Packaging Adhesive by Segment

The study includes a forecast for the global packaging adhesive by technology, application, and region.

Packaging Adhesive Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Solvent-Based
• Water-Based
• Hot Melt
• Others

Packaging Adhesive Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Case & Carton
• Corrugated Packaging
• Labeling
• Flexible Packaging
• Folding Cartons
• Specialty Packaging
• Others

Packaging Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Packaging Adhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging adhesive companies profiled in this report include-

• 3M
• Dow
• Henkel
• H.B. Fuller Company
• Sika
• Arkema Group
• Jowat
• Ashland
• Wacker Chemie
• Paramelt Rmc

Packaging Adhesive Market Insights

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.

Features of the Global Packaging Adhesive Market

Market Size Estimates: Packaging adhesive market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Packaging adhesive market size by technology, application, and region in terms of value ($B).

Regional Analysis: Packaging adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the packaging adhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging adhesive market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the packaging adhesive market size?

Answer: The global packaging adhesive market is expected to reach an estimated $26.5 billion by 2030.

Q.2 What is the growth forecast for packaging adhesive market?

Answer: The global packaging adhesive market is expected to grow with a CAGR of 5.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the packaging adhesive market?

Answer: 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.

Q4. What are the major segments for packaging adhesive market?

Answer: The future of the packaging adhesive market looks promising with opportunities in the case & carton, corrugated packaging, labeling, flexible packaging, folding cartons, and specialty packaging markets.

Q5. Who are the key packaging adhesive market companies?

Answer: Some of the key packaging adhesive companies are as follows:

• 3M
• Dow
• Henkel
• H.B. Fuller Company
• Sika
• Arkema Group
• Jowat
• Ashland
• Wacker Chemie
• Paramelt Rmc

Q6. Which packaging adhesive market segment will be the largest in future?

Answer: 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.

Q7. In packaging adhesive market, which region is expected to be the largest in next 5 years?

Answer: 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.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• 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?