Packing Adhesive Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 15.8 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The global packing adhesive market was valued at approximately USD 7.8 billion in 2022 and is projected to reach USD 11.2 billion by 2028, reflecting a compound annual growth rate (CAGR) of 6.4% during the forecast period. This growth is driven by increasing demand for efficient packaging solutions across various industries such as food and beverage, pharmaceuticals, and e-commerce. The rising trend of online shopping and the need for sustainable and eco-friendly packaging materials further contribute to the market expansion. Additionally, advancements in adhesive technology and the development of new formulations are expected to bolster market growth.
Opportunity analysis reveals that the market is witnessing significant developments in emerging regions, particularly in Asia-Pacific and Latin America. These regions offer substantial growth potential due to rapid industrialization, urbanization, and expanding consumer bases. In Asia-Pacific, countries like China and India are experiencing robust growth in packaging sectors, creating a favorable environment for packing adhesive manufacturers. Moreover, increasing investments in infrastructure and manufacturing facilities in these emerging markets are anticipated to drive demand for packing adhesives. The emphasis on developing innovative adhesive solutions tailored to diverse applications presents promising opportunities for market players in these regions.
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Bostik
H.B. Fuller
TART
IRPLAST
Henkel
Cedesa
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Packing Adhesive Market
Food Application
Chemical Application
Daily Chemical Application
Others
Based on Types the Market is categorized into Below types that held the largest Packing Adhesive market share In 2023.
Adhesive Tape
Adhesive Paste
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Packing Adhesive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Packing Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Packing Adhesive Market, By Type
6. Global Packing Adhesive Market, By Application
7. Global Packing Adhesive Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Packing Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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