The latest report by IMARC Group, titled “Packaging Adhesives Market Report by Type (Water-based Adhesives, Solvent-based Adhesives, Hot-melt Adhesives, and Others), Substrate Material Type (Acrylics, Polyurethane, Polyvinyl Chloride, Polypropylene, and Others), Packaging Type (Flexible Packaging, Folding Cartons, Boxes & Cases, Labeling, and Others), End-Use Industry (Food & Beverages, Cosmetics, Healthcare, and Others), and Region 2024-2032“, The global packaging adhesives market size reached US$ 13.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Packaging adhesives are indispensable in the packaging industry, playing a vital role in the construction of various packaging materials. They ensure that the packaged products are safeguarded and preserved throughout the distribution process by bonding, sealing, and securing the packaging components. These adhesives are designed to stick to a broad range of substrates used in packaging, including paperboard, cardboard, plastics, metal, and glass. They come in different forms, such as hot melts, water-based, solvent-based, and reactive adhesives, to accommodate diverse packaging needs and materials.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/mobile-gaming-market/requestsample

Packaging Adhesives Market Trends and Drivers:

Rising consumer demand for packaged goods in various industries such as food products, and online retail is a key factor driving the need for packaging adhesives. Changing preferences for convenience and the importance of product safety have increased packaging activities. Companies are focusing more on sustainability and environmental concerns by opting for eco-friendly packaging solutions that reduce their environmental impact. Packaging adhesives are now being developed with eco-conscious formulas that are free from harmful substances. Technological advancements in adhesive formulations are also improving properties like faster curing times, stronger bonds, and resistance to harsh conditions. These innovations help manufacturers enhance their packaging processes, cut production costs, and offer higher-quality products. The growing e-commerce sector is another significant driver for packaging adhesives, as secure and efficient packaging solutions are essential for delivering products safely to consumers. Adhesives play a crucial role in sealing boxes, securing labels, and providing tamper-evident features, thus enhancing the safety and reliability of e-commerce packaging. With the continued expansion of online retail, the packaging adhesives market is expected to experience ongoing growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Water-based Adhesives
  • Solvent-based Adhesives
  • Hot-melt Adhesives
  • Others

Breakup by Substrate Material Type:

  • Acrylics
  • Polyurethane
  • Polyvinyl Chloride
  • Polypropylene
  • Others

Breakup by Packaging Type:

  • Flexible Packaging
  • Folding Cartons
  • Boxes & Cases
  • Labeling
  • Others

Breakup by End-Use Industry:

  • Food & Beverages
  • Cosmetics
  • Healthcare
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M
  • Arkema Group
  • Ashland Inc.
  • Avery Dennison Corporation
  • Dymax Corporation
  • H.B. Fuller Company
  • Henkel AG & Co.
  • KGaA, Jowat SE
  • Paramelt RMC B.V.
  • Sika AG
  • The DOW Chemical Company
  • Wacker Chemie AG

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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