Adhesives refers to materials that are used for binding together two or more surfaces. Packaging adhesives are produced with the help of technologies like water based and solvent based. These adhesives find their application in flexible and specialty packaging. Packaging and healthcare are the major sectors where packaging adhesives are employed. The raw materials used for packaging the adhesives are naturally occurring and synthetic. The packaging adhesives are used in different packaging such as folding cartons, case & carton closure and corrugated converting.
MARKET DYNAMICS
The growth of the packaged food & beverages industry drives the market for packaging adhesives. Besides this, increasing awareness amongst the consumers regarding the safety of food, drives the growth of the packaging adhesives market. However, government regulations regarding the reduction of volatile organic compounds restricts the fruitful development of the packaging adhesives market. The rising end use applications and the emerging markets in Asia Pacific and Middle East region are expected to boost the market for packaging adhesives in the near future.
MARKET SCOPE
The "Global Packaging Adhesives Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the packaging adhesives market with detailed market segmentation by technology, application and geography. The global packaging adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading packaging adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global packaging adhesives market is segmented on the basis of technology and application. On the basis of technology, the packaging adhesives market is segmented into water-based, solvent-based, hot-melt based and others. As per application the packaging adhesives market is bifurcated into case & carton, corrugated packaging, labelling, flexible packaging, folding cartons, specialty packaging and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global packaging adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The packaging adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the packaging adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the packaging adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the packaging adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from packaging adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for packaging adhesives market in the global market. Below mentioned is the list of few companies engaged in the packaging adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the packaging adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ashland Global Specialty Chemicals Inc.
- Avery Dennison Corporation
- Bostik
- Dymax
- H.B. Fuller Company
- Henkel AG and Co. KGaA
- Jowat Klebstoffe
- Paramelt B.V.
- Sika AG
- The 3M Company
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