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Global Packaging Adhesive Market Is Expected To Reach $26.5 Billion By 2030- An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, the future of the global packaging adhesive market looks promising with opportunities in the case & carton, corrugated packaging, labeling, flexible packaging, folding cartons, and specialty packaging markets. The global packaging adhesive market is expected to reach an estimated $26.5 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing awareness among consumers in developing nations about the importance of food safety, growing consumer appetite for packaged food and beverage products, and rapidly rising e-commerce industry across the globe.
In this market, solvent-based, water-based, and hot melt are the major segments of packaging adhesive market by technology.
Lucintel forecasts that water-based will remain the largest segment over the forecast period because they are water-soluble and has better moisture resistance than other adhesives, as well as, water-based technology is becoming increasingly favored among manufacturers of packaging adhesives owing to heightened environmental awareness and more stringent VOC regulations.
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... Browse in depth TOC of the Packaging Adhesive Market:
100 - Figures
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Packaging Adhesive Market is marked by presence of several big and small players. 3M, Dow, Henkel, H.B. Fuller Company, Sika, Arkema Group, Jowat, Ashland, Wacker Chemie, and Paramelt RMC are the major suppliers in the packaging adhesive market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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