Packaging Adhesives Market

Packaging Adhesives Market Size, Share, Growth Analysis, By Technology(Water-based, Solvent-based, Hot melt, Others), By Application(Flexible packaging, Folding cartons, Boxes & cases, Labeling), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG15A2111 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Packaging Adhesives Market Insights

Market Overview:

The global market for packaging adhesives was valued at USD 10.69 billion in 2018 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2019 to 2025. The market growth is primarily driven by the increasing demand from the packaged food and beverages sector, which is attributed to factors such as the growing global population, increasing disposable incomes, and changing consumer dietary requirements. The packaged food and beverage products segment includes a wide range of products such as convenient ready-to-eat food items, cake mixes, frozen meals, and snacks.

Packaging Adhesives Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Packaging Adhesives was estimated to be valued at US$ XX Mn in 2021.

The Packaging Adhesives Market is estimated to grow at a CAGR of XX% by 2028.

The Packaging Adhesives Market is segmented on the basis of Technology, Application, Regional.

Based on region, the Packaging Adhesives Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Packaging Adhesives Market are Hitachi Chemical Company Ltd,, 3M Company,, Dow ,, H. B. Fuller,, Henkel AG & Co.,, Ashland Inc.,, TOYOCHEM CO.,, LTD.,, Dymax Corporation,.

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Packaging Adhesives Market

Report ID: UCMIG15A2111

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