The Global Packaging Adhesives Market is expected to reach USD 11.1 billion by 2025, from USD 801.1 million in 2017, growing at a CAGR of 5.1% during the forecast period of 2018 to 2025.
Packaging Adhesives market report provides industry players with crucial support to expand their customer base within diverse market spaces. Moreover, subscription based information, online research including third party references, trade associations, directories and publications, one on one telephone interviews with both current customers and prospects, and a range of private industry sources are also referred while formulating this XYZ market analysis report. The market insights taken into consideration in this industry analysis report help simplify decision making. To provide accurate information to users, every possible effort has been made while forming this report!
With the market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Packaging Adhesives market research report not only save hours of time, but also add credibility to the work done, whether it is about refining the business plan, preparing a presentation for an important client, or making recommendations to an executive. Here, traditional research methodologies are supplemented with innovative approaches to offer evidence-based insights. This Packaging Adhesives market document also assists the firm in exploring new markets for its products.
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Companies Profiled in this report includes, Jowat AG, Wacker HB Fuller, Bostik, 3M, SIKA, Paramelt B.V, Chemie AG, Avery Dennison, Ashland, Dymax , Robatech, Jowat Canada Inc. , Henkel AG & Co, Sapson Packaging, Hindustan Adhesives limited, Jonson Tapes, Sun pack, and Balaji Packaging.
This market report defines the market trends and forecast the upcoming opportunities and threats of the packaging adhesives market in the next 8 years. Packaging adhesives are made from various raw materials including acrylic resins, PVAC, PU, styrene blocks, epoxy compounds, EVA, and silicones. Some of prominent applications in the global packaging adhesives market consist of non-rigid bonding in textiles, flexible packing, and structural usage for assembly operations to provide high bonding strength. Food & beverages and healthcare are the top most industries where packaging adhesives are used.
They are also used in paperboard packaging and carton sealing, erection of trays, and folding boxes. Moreover, continuous advancements in unique packaging designs significantly promote the use of packaging adhesives across the globe. In 2016, Henkel created a new lead for secure supply of packaging adhesives or retail ready packaging. They are used in high-performance products and process solutions which derived functional optimization for customers.
Major Market Drivers and Restraints:
- Rising population
- Demand for hygienic food & clean water
- New experiments and safety
- Folding carton packaging have an maximum demand for the food and beverage industry
- Increasing number of middle class world wide
- Increasing regulatory interventions from environmental bodies
Market Segmentation: Global Packaging Adhesives Market
- The global packaging adhesives market is segmented based on type, formulating technology, application, end user, and geographical segments.
- Based on type, the global packaging adhesives market is segmented into polyvinyl pyrrolidone, cellulose, polyurethane, polychloroprene, polyvinyl alcohol& polyvinyl acetate, and others.
- On the basis of formulating technology, the global packaging adhesives market is segmented into hot melt, water based, solvent based, reactive, and other.
- On the basis of application, the global packaging adhesives market is classified into labeling; folding carton corrugated converting, flexible packaging, envelopes, bags, and others.
- On the basis of end user, the global packaging adhesives market is segmented into retailers, manufacturing of consumer goods, packagers, and others
- Based on geography, the global packaging adhesives market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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For the purpose of the study, Global Packaging Adhesives market is segmented based on various parameters. An in-depth regional classification of the market is also included herein. The factors which are impacting the market’s growth are studied in detail. The report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period.
Summary of the research report
- Provides the main statistical data on the current status of Industry is a valuable guide and direction for companies and individuals involved in the market.
- The industry development trends and market channels were analyzed in this Packaging Adhesives research report
- It estimates the market size and future growth potential of the market across different regions
- The market is projected to be the fastest growing market during the forecast period from 2019 to 2026.
- Statistical data is provided through several charts, graphs and graphics to understand the market in easy way.
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