Packaging Adhesives Market

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Packaging Adhesives Market by Resin Type (Polyurethane, Acrylics, PVA), Technology (Solvent-based, Water-Based, Hot-Melt), Application (Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons), and Region - Global Forecast to 2028

FREE BROCHURE FREE SAMPLE REPORT
Report Code: CH 3181 Jun, 2023, by marketsandmarkets.com

Packaging Adhesives Market

The global packaging adhesives market was valued at USD 15.3 billion in 2022 and is projected to reach USD 18.6 billion by 2028, growing at a cagr 3.2% from 2023 to 2028. The PVA, by resin segment in Asia Pacific region is expecting a boom in the forecasted period and will lead to an increase in the demand for packaging adhesives.

Attractive Opportunities in the packaging adhesives Market

Packaging Adhesives Market

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Packaging Adhesives Market

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

Packaging Adhesives Market Dynamics

Drivers: Growth in packaging industry

Due to factors such as rising population, urbanisation, and shifting customer preferences, the packaging sector is steadily expanding. The need for packaging adhesives to assemble and seal the packaging materials grows as more products are packaged.

The packaging industry is experiencing steady growth due to factors such as increasing population, urbanization, and changing consumer preferences. As more products are packaged, there is a higher demand for packaging adhesives to assemble and seal the packaging materials.

Restraints: Stringent Government regulations in North America and Europe

Government regulations often impose restrictions on the use of certain chemicals in packaging adhesives, especially those that are considered hazardous or have potential health and environmental risks. For example, regulations like the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) in Europe and the Toxic Substances Control Act (TSCA) in the United States require manufacturers to assess and manage the risks associated with chemicals used in their products. Compliance with these regulations can lead to the reformulation of adhesives to replace restricted substances, which may require additional research and development efforts.

Opportunities: Emerging markets like Asia Pacific and Middle East & Africa

The packaging adhesives market is experiencing growth and expansion in several emerging markets around the world. These markets offer significant opportunities for packaging adhesive manufacturers due to factors such as economic development, urbanization, rising consumer spending power, and increased industrial activities. The strong manufacturing base, expanding consumer markets, and increasing demand for packaged goods in Asia Pacific region drive the growth of the packaging adhesives market. The rising popularity of e-commerce and the growing middle class further contribute to the demand for innovative and sustainable packaging solutions, creating opportunities for adhesive manufacturers.

Challenges: Environmental Sustainability

Increasing environmental concerns and consumer demand for sustainable packaging solutions pose challenges for packaging adhesive manufacturers. Developing eco-friendly adhesive formulations that minimize environmental impact while maintaining performance properties can be challenging. Adhesive manufacturers need to invest in research and development to create sustainable alternatives and address the industry's sustainability expectations.

Water-based, by technology accounted for the highest segment of packaging adhesives market

Due to its multiple benefits over other adhesive formulations, water-based packaging adhesives have become more and more common. The water-based technology category is the largest market for packaging adhesives because of the industry's growing demand for food packaging, consumer goods packaging, and industrial goods packaging. Due to increased environmental concerns and higher VOC regulations, manufacturers of packaging adhesives are producing more water-based technologies. This has raised the need for water-based packaging adhesives.

Packaging Adhesives Market by Region

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Middle East & Africa is the fastest-growing packaging adhesives market.

The increasing the per capita income has increased the spending capacity of the consumer,  in the Middle Eastern and African countries. The increase in industrialisation and urbanisation are major factors driving the packaging industry, which in turn is expected to support the laminating adhesive market in the region. The demand for flexible  packaging  in the Middle east and African countries is growing with rapid growth of the food and beverage industry.

Packaging Adhesives Market Players

Henkel AG (Germany), 3M (US), H.B. Fuller (US), The Dow Chemical Company (US), Arkema S.A. (France) are the key players in the global packaging adhesives market.

Henkel AG is engaged in adhesive technologies and consumer brands. The company operates through various segments, including adhesive technologies (adhesives, sealants, and surface treatments for consumer and industrial purposes), laundry & home care (household cleaning products such as laundry detergent and dishwashing liquid), beauty care (beauty & oral care products such as shampoos, toothpaste, hair colorants, and shower products), and corporate.

Please visit 360Quadrants to see the vendor listing of Top 21 Flexible Packaging Companies, Worldwide 2023 

Packaging Adhesives Market Report Scope

Report Metric

Details

Market Size Value in 2022

USD 15.3 billion

Revenue Forecast in 2028

USD 18.6 billion

CAGR

3.2%

Years Considered for the study

2020-2028

Base year

2022

Forecast period

2023–2028

Units considered

Value (USD)

Segments

By Technology
By Application
By Region

Regions covered

North America, Europe, Asia Pacific, Middle East & Africa, South America

Companies profiled

Henkel AG (Germany), 3M (US), H.B. Fuller (US), The Dow Chemical Company (US), Arkema S.A. (France). A total of 26 players have been covered.

This research report categorizes the Packaging adhesives market based on Technology, Application, and Region.

By Technology:
  • Water-Based
  • Solvent-Based
  • Hot Melt
  • Others
By Resins:
By Application:
  • Case & Carton
  • Corrugated Packaging
  • Labeling
  • Flexible Packaging
  • Folding Cartons
  • Specialty Packaging
  • Others
By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments

  • In November 2022, Henkel AG went into a strategic partnership cyclos-HTP Institute (CHI), a specialized company in classification, assessment, and certification of recyclability of packaging and goods. This will include access to in-house testing and certification, joint material science R&D.
  • In Septembber 2022, Henkel acquires advanced materials start-up NBD Nanotechnologies Inc., US-based advanced materials company. This acquisition Henkel aims to strengthen the position of its Adhesive Technologies business unit in the area of functional coatings.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
           1.3.1 INCLUSIONS
           1.3.2 EXCLUSIONS
    1.4 MARKET SCOPE 
          FIGURE 1 MARKET SEGMENTATION
           1.4.1 REGIONS COVERED
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 UNIT CONSIDERED 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 RESEARCH DATA 
          FIGURE 2 PACKAGING ADHESIVES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary data sources
                    2.1.2.2 Key data from primary sources
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 5 PACKAGING ADHESIVES MARKET SIZE ESTIMATION, BY VOLUME
    2.3 MARKET FORECAST APPROACH 
           2.3.1 SUPPLY-SIDE FORECAST
           2.3.2 DEMAND-SIDE FORECAST
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 
          FIGURE 6 PACKAGING ADHESIVES MARKET: DATA TRIANGULATION
    2.5 FACTOR ANALYSIS 
    2.6 RECESSION IMPACT 
    2.7 ASSUMPTIONS 
    2.8 RISK ASSESSMENT 
    2.9 LIMITATIONS 
    2.10 GROWTH FORECAST 
 
3 EXECUTIVE SUMMARY (Page No. - 52)
    TABLE 1 PACKAGING ADHESIVES MARKET SNAPSHOT, 2023 VS. 2028
    FIGURE 7 NORTH AMERICA TO LEAD GLOBAL PACKAGING ADHESIVES MARKET
    FIGURE 8 CORRUGATED PACKAGING APPLICATION TO LEAD OVERALL PACKAGING ADHESIVES MARKET
    FIGURE 9 WATER-BASED TECHNOLOGY SEGMENT TO REGISTER HIGHEST CAGR
    FIGURE 10 PVA PACKAGING ADHESIVES ACCOUNT FOR LARGEST SHARE OF MARKET
    FIGURE 11 MIDDLE EAST & AFRICA TO GROW AT HIGHEST CAGR
 
4 PREMIUM INSIGHTS (Page No. - 57)
    4.1 SIGNIFICANT OPPORTUNITIES FOR PLAYERS IN PACKAGING ADHESIVES MARKET 
          FIGURE 12 PACKAGING ADHESIVES MARKET TO WITNESS HIGH GROWTH  BETWEEN 2023 AND 2028
    4.2 PACKAGING ADHESIVES MARKET GROWTH, BY RESIN 
          FIGURE 13 PVA TO BE DOMINATING SEGMENT IN OVERALL PACKAGING ADHESIVES MARKET
    4.3 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY 
          FIGURE 14 US TO WITNESS HIGHEST GROWTH IN PACKAGING ADHESIVES MARKET
    4.4 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION AND COUNTRY 
          FIGURE 15 CORRUGATED PACKAGING WAS LARGEST APPLICATION OF PACKAGING ADHESIVES
    4.5 PACKAGING ADHESIVES MARKET, DEVELOPED VS. EMERGING COUNTRIES 
          FIGURE 16 MARKET IN EMERGING COUNTRIES TO GROW FASTER THAN IN  DEVELOPED COUNTRIES
    4.6 PACKAGING ADHESIVES MARKET ATTRACTIVENESS 
          FIGURE 17 INDIA EMERGING AS LUCRATIVE MARKET FOR PACKAGING ADHESIVES
 
5 MARKET OVERVIEW (Page No. - 60)
    5.1 INTRODUCTION 
    5.2 VALUE CHAIN ANALYSIS 
          FIGURE 18 VALUE CHAIN ANALYSIS OF PACKAGING ADHESIVES MARKET
          TABLE 2 SUPPLY CHAIN ECOSYSTEM
    5.3 MARKET DYNAMICS 
          FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN  PACKAGING ADHESIVES MARKET
           5.3.1 DRIVERS
                    5.3.1.1 Growing packaging industry
                    5.3.1.2 Growing e-commerce and online retail industry
                    5.3.1.3 Rising demand from Asia Pacific
                    5.3.1.4 Growing demand from packaged food industry
           5.3.2 RESTRAINTS
                    5.3.2.1 Stringent government regulations in North America and Europe
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Emerging markets such as Asia Pacific and Middle East & Africa
           5.3.4 CHALLENGES
                    5.3.4.1 Environmental sustainability
    5.4 PORTER’S FIVE FORCES ANALYSIS 
          TABLE 3 PACKAGING ADHESIVES MARKET: PORTER'S FIVE FORCES ANALYSIS
          FIGURE 20 PORTER’S FIVE FORCES ANALYSIS: PACKAGING ADHESIVES MARKET
           5.4.1 THREAT OF NEW ENTRANTS
           5.4.2 THREAT OF SUBSTITUTES
           5.4.3 BARGAINING POWER OF BUYERS
           5.4.4 BARGAINING POWER OF SUPPLIERS
           5.4.5 INTENSITY OF COMPETITIVE RIVALRY
    5.5 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.5.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
                    TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP INDUSTRIES (%)
           5.5.2 BUYING CRITERIA
                    FIGURE 22 KEY BUYING CRITERIA FOR PACKAGING ADHESIVES
                    TABLE 5 KEY BUYING CRITERIA FOR PACKAGING ADHESIVES
    5.6 MACROECONOMIC INDICATORS 
           5.6.1 INTRODUCTION
           5.6.2 GDP TRENDS AND FORECASTS
                    TABLE 6 GDP TRENDS AND FORECASTS, PERCENTAGE CHANGE, 2018–2028
    5.7 KEY INDUSTRY TRENDS 
           5.7.1 TRENDS IN PACKAGING INDUSTRY
                               5.7.1.1.1 Economic and demographic growth
                               5.7.1.1.2 Sustainability
                               5.7.1.1.3 Consumer trends
                               5.7.1.1.4 Brand owner trends
    5.8 GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH 
           5.8.1 CHINA
                    5.8.1.1 China’s debt problem
                    5.8.1.2 Australia-China trade war
                    5.8.1.3 Environmental commitments
           5.8.2 EUROPE
                    5.8.2.1 Political instability in Germany
                    5.8.2.2 Energy crisis in Europe
    5.9 ECOSYSTEM AND INTERCONNECTED MARKETS 
          FIGURE 23 ADHESIVES ECOSYSTEM
    5.10 TRENDS/DISRUPTIONS IMPACTING BUYERS/CUSTOMERS 
           FIGURE 24 TRENDS/DISRUPTIONS IMPACTING BUYERS/CUSTOMERS: YC AND YCC SHIFT
    5.11 PRICING ANALYSIS 
           FIGURE 25 AVERAGE PRICE COMPETITIVENESS IN PACKAGING ADHESIVES MARKET,  BY REGION
           FIGURE 26 AVERAGE PRICE COMPETITIVENESS IN PACKAGING ADHESIVES MARKET,  BY RESIN TYPE
           FIGURE 27 AVERAGE PRICE COMPETITIVENESS IN PACKAGING ADHESIVES MARKET,  BY TECHNOLOGY
           FIGURE 28 AVERAGE PRICE COMPETITIVENESS IN PACKAGING ADHESIVES MARKET,  BY APPLICATION
           FIGURE 29 AVERAGE PRICE COMPETITIVENESS IN PACKAGING ADHESIVES MARKET,  BY COMPANY
    5.12 CASE STUDY 
           5.12.1 CASE STUDY 1: LAMINATING URETHANE FOR FLEXIBLE PACKAGING
           5.12.2 CASE STUDY 2: FOOD PACKAGING FILMS THAT CAN REDUCE MATERIAL USE WHILE MAINTAINING PERFORMANCE
    5.13 TECHNOLOGY ANALYSIS 
    5.14 REGULATORY LANDSCAPE 
           TABLE 7 MOST COMMON FLEXIBLE PACKAGING STRUCTURES
    5.15 TRADE DATA STATISTICS: KEY EXPORTING AND IMPORTING COUNTRIES 
           5.15.1 ADHESIVES TRADE SCENARIO 2020–2022
                     TABLE 8 COUNTRY-WISE EXPORT DATA, 2020–2022 (USD THOUSAND)
                     TABLE 9 COUNTRY-WISE IMPORT DATA, 2020–2022 (USD THOUSAND)
    5.16 PATENT ANALYSIS 
           5.16.1 METHODOLOGY
           5.16.2 PUBLICATION TRENDS
                     TABLE 10 PATENT PUBLICATION TRENDS: DOCUMENT COUNT
                     FIGURE 30 PATENT PUBLICATION TRENDS: DOCUMENT COUNT
                     FIGURE 31 NUMBER OF PATENTS PUBLISHED, 2018–2023
           5.16.3 LEGAL STATUS OF PATENTS
           5.16.4 TOP JURISDICTION
                     FIGURE 32 NUMBER OF PATENTS PUBLISHED, BY JURISDICTION
           5.16.5 TOP APPLICANTS
                     FIGURE 33 PATENTS PUBLISHED BY MAJOR APPLICANTS
                     TABLE 11 TOP 10 PATENT OWNERS DURING LAST FEW YEARS
    5.17 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
           TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND  OTHER ORGANIZATIONS
           TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND  OTHER ORGANIZATIONS
           TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
    5.18 KEY CONFERENCES & EVENTS, 2023–2024 
           TABLE 15 DETAILED LIST OF CONFERENCES & EVENTS
 
6 PACKAGING ADHESIVES MARKET, BY RESIN (Page No. - 101)
    6.1 INTRODUCTION 
          FIGURE 34 PVA TO DOMINANT RESIN SEGMENT IN OVERALL PACKAGING ADHESIVES MARKET
          TABLE 16 PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (USD MILLION)
          TABLE 17 PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (USD MILLION)
          TABLE 18 PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (KILOTON)
          TABLE 19 PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (KILOTON)
    6.2 POLYURETHANE 
           6.2.1 RISING DEMAND FROM ASIA PACIFIC TO DRIVE MARKET
                    TABLE 20 POLYURETHANE PACKAGING ADHESIVES MARKET, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 21 POLYURETHANE PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 22 POLYURETHANE PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
                    TABLE 23 POLYURETHANE PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    6.3 ACRYLIC 
           6.3.1 DEMAND FROM PACKAGING INDUSTRY TO DRIVE MARKET
                    TABLE 24 ACRYLIC PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (USD MILLION)
                    TABLE 25 ACRYLIC PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 26 ACRYLIC PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
                    TABLE 27 ACRYLIC PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    6.4 PVA 
           6.4.1 PVA TO DOMINATE OVERALL PACKAGING APPLICATIONS
                    TABLE 28 PVA PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (USD MILLION)
                    TABLE 29 PVA PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 30 PVA PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
                    TABLE 31 PVA PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    6.5 OTHERS 
          TABLE 32 OTHER PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (USD MILLION)
          TABLE 33 OTHER PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (USD MILLION)
          TABLE 34 OTHER PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
          TABLE 35 OTHER PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
 
7 PACKAGING ADHESIVES MARKET, BY TECHNOLOGY (Page No. - 112)
    7.1 INTRODUCTION 
          FIGURE 35 WATER-BASED ADHESIVES TO LEAD PACKAGING ADHESIVES MARKET DURING FORECAST PERIOD
          TABLE 36 PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2020–2022 (USD MILLION)
          TABLE 37 PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
          TABLE 38 PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2020–2022 (KILOTON)
          TABLE 39 PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
    7.2 WATER BASED 
          TABLE 40 WATER-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2020–2022 (USD MILLION)
          TABLE 41 WATER-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 42 WATER-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
          TABLE 43 WATER-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    7.3 SOLVENT BASED 
          TABLE 44 SOLVENT-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2020–2022 (USD MILLION)
          TABLE 45 SOLVENT-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 46 SOLVENT-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
          TABLE 47 SOLVENT-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    7.4 HOT MELT 
          TABLE 48 HOT-MELT-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2020–2022 (USD MILLION)
          TABLE 49 HOT-MELT-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 50 HOT-MELT-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
          TABLE 51 HOT-MELT-BASED PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    7.5 OTHERS 
          TABLE 52 OTHER TECHNOLOGIES-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2020–2022 (USD MILLION)
          TABLE 53 OTHER TECHNOLOGIES-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 54 OTHER TECHNOLOGIES-BASED PACKAGING ADHESIVES MARKET,  BY REGION, 2020–2022 (KILOTON)
          TABLE 55 OTHER TECHNOLOGIES-BASED PACKAGING ADHESIVES MARKET, BY REGION,  2023–2028 (KILOTON)
 
8 PACKAGING ADHESIVES MARKET, BY APPLICATION (Page No. - 121)
    8.1 INTRODUCTION 
          FIGURE 36 CORRUGATED PACKAGING APPLICATION TO DOMINATE OVERALL PACKAGING ADHESIVES
          TABLE 56 PACKAGING ADHESIVES MARKET, BY APPLICATION, 2020–2022 (USD MILLION)
          TABLE 57 PACKAGING ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
          TABLE 58 PACKAGING ADHESIVES MARKET, BY APPLICATION, 2020–2022 (KILOTON)
          TABLE 59 PACKAGING ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)
    8.2 CASE & CARTON 
           8.2.1 GROWING E-COMMERCE INDUSTRY TO DRIVE DEMAND FOR RELIABLE CASE AND CARTON PACKAGING ADHESIVE
                    TABLE 60 PACKAGING ADHESIVES MARKET IN CASE & CARTON, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 61 PACKAGING ADHESIVES MARKET IN CASE & CARTON, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 62 PACKAGING ADHESIVES MARKET IN CASE & CARTON, BY REGION, 2020–2022 (KILOTON)
                    TABLE 63 PACKAGING ADHESIVES MARKET IN CASE & CARTON, BY REGION,  2023–2028 (KILOTON)
    8.3 CORRUGATED PACKAGING 
           8.3.1 GROWING EMPHASIS ON BRANDING AND VISUAL APPEAL TO DRIVE DEMAND
                    TABLE 64 PACKAGING ADHESIVES MARKET IN CORRUGATED PACKAGING, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 65 PACKAGING ADHESIVES MARKET IN CORRUGATED PACKAGING, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 66 PACKAGING ADHESIVES MARKET IN CORRUGATED PACKAGING, BY REGION,  2020–2022 (KILOTON)
                    TABLE 67 PACKAGING ADHESIVES MARKET IN CORRUGATED PACKAGING, BY REGION,  2023–2028 (KILOTON)
    8.4 LABELING 
           8.4.1 SUSTAINABILITY CONCERNS TO DRIVE DEMAND FOR ECO-FRIENDLY LABELING SOLUTIONS
                    TABLE 68 PACKAGING ADHESIVES MARKET IN LABELING, BY REGION, 2020–2022 (USD MILLION)
                    TABLE 69 PACKAGING ADHESIVES MARKET IN LABELING, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 70 PACKAGING ADHESIVES MARKET IN LABELING, BY REGION, 2020–2022 (KILOTON)
                    TABLE 71 PACKAGING ADHESIVES MARKET IN LABELING, BY REGION, 2023–2028 (KILOTON)
    8.5 FLEXIBLE PACKAGING 
           8.5.1 FLEXIBLE PACKAGING OFFERS CONVENIENCE IN TERMS OF EASY OPENING, RESEALING, AND PORTABILITY
                    TABLE 72 PACKAGING ADHESIVES MARKET IN FLEXIBLE PACKAGING, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 73 PACKAGING ADHESIVES MARKET IN FLEXIBLE PACKAGING, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 74 PACKAGING ADHESIVES MARKET IN FLEXIBLE PACKAGING, BY REGION,  2020–2022 (KILOTON)
                    TABLE 75 PACKAGING ADHESIVES MARKET IN FLEXIBLE PACKAGING, BY REGION,  2023–2028 (KILOTON)
    8.6 FOLDING CARTONS 
           8.6.1 FOLDING CARTONS OFFER COST ADVANTAGES IN TERMS OF MATERIAL, PRODUCTION, AND TRANSPORTATION COSTS
                    TABLE 76 PACKAGING ADHESIVES MARKET IN FOLDING CARTONS, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 77 PACKAGING ADHESIVES MARKET IN FOLDING CARTONS, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 78 PACKAGING ADHESIVES MARKET IN FOLDING CARTONS, BY REGION,  2020–2022 (KILOTON)
                    TABLE 79 PACKAGING ADHESIVES MARKET IN FOLDING CARTONS, BY REGION,  2023–2028 (KILOTON)
    8.7 SPECIALTY PACKAGING 
           8.7.1 INCREASED FOCUS ON SUSTAINABILITY
                    TABLE 80 PACKAGING ADHESIVES MARKET IN SPECIALTY PACKAGING, BY REGION,  2020–2022 (USD MILLION)
                    TABLE 81 PACKAGING ADHESIVES MARKET IN SPECIALTY PACKAGING, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 82 PACKAGING ADHESIVES MARKET IN SPECIALTY PACKAGING, BY REGION,  2020–2022 (KILOTON)
                    TABLE 83 PACKAGING ADHESIVES MARKET IN SPECIALTY PACKAGING, BY REGION,  2023–2028 (KILOTON)
    8.8 OTHERS 
          TABLE 84 PACKAGING ADHESIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2020–2022 (USD MILLION)
          TABLE 85 PACKAGING ADHESIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2023–2028 (USD MILLION)
          TABLE 86 PACKAGING ADHESIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2020–2022 (KILOTON)
          TABLE 87 PACKAGING ADHESIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2023–2028 (KILOTON)
 
9 PACKAGING ADHESIVES MARKET, BY REGION (Page No. - 136)
    9.1 INTRODUCTION 
          FIGURE 37 NORTH AMERICA TO BE LARGEST PACKAGING ADHESIVES MARKET
          TABLE 88 PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (USD MILLION)
          TABLE 89 PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (USD MILLION)
          TABLE 90 PACKAGING ADHESIVES MARKET, BY REGION, 2020–2022 (KILOTON)
          TABLE 91 PACKAGING ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)
    9.2 NORTH AMERICA 
           9.2.1 RECESSION IMPACT
                    FIGURE 38 NORTH AMERICA: PACKAGING ADHESIVES MARKET SNAPSHOT
                    TABLE 92 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (USD MILLION)
                    TABLE 93 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                    TABLE 94 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (KILOTON)
                    TABLE 95 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                    TABLE 96 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2020–2022 (USD MILLION)
                    TABLE 97 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2023–2028 (USD MILLION)
                    TABLE 98 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (KILOTON)
                    TABLE 99 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (KILOTON)
                    TABLE 100 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (USD MILLION)
                    TABLE 101 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                    TABLE 102 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (KILOTON)
                    TABLE 103 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                    TABLE 104 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (USD MILLION)
                    TABLE 105 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                    TABLE 106 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (KILOTON)
                    TABLE 107 NORTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)
           9.2.2 US
                    9.2.2.1 Sustainability and environmental concerns to drive demand
                                TABLE 108 US: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 109 US: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.2.3 CANADA
                    9.2.3.1 Changing consumer preferences to drive market
                                TABLE 110 CANADA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 111 CANADA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.2.4 MEXICO
                    9.2.4.1 Growing e-commerce industry to drive demand
                                TABLE 112 MEXICO: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 113 MEXICO: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
    9.3 EUROPE 
           9.3.1 RECESSION IMPACT
                    FIGURE 39 EUROPE: PACKAGING ADHESIVES MARKET SNAPSHOT
                    TABLE 114 EUROPE: PACKAGING ADHESIVES MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                    TABLE 115 EUROPE: PACKAGING ADHESIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 116 EUROPE: PACKAGING ADHESIVES MARKET, BY COUNTRY, 2020–2022 (KILOTON)
                    TABLE 117 EUROPE: PACKAGING ADHESIVES MARKET, BY COUNTRY, 2023–2028 (KILOTON)
                    TABLE 118 EUROPE: PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (USD MILLION)
                    TABLE 119 EUROPE: PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (USD MILLION)
                    TABLE 120 EUROPE: PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (KILOTON)
                    TABLE 121 EUROPE: PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (KILOTON)
                    TABLE 122 EUROPE: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (USD MILLION)
                    TABLE 123 EUROPE: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                    TABLE 124 EUROPE: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2020–2022 (KILOTON)
                    TABLE 125 EUROPE: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY, 2023–2028 (KILOTON)
                    TABLE 126 EUROPE: PACKAGING ADHESIVES MARKET, BY APPLICATION, 2020–2022 (USD MILLION)
                    TABLE 127 EUROPE: PACKAGING ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                    TABLE 128 EUROPE: PACKAGING ADHESIVES MARKET, BY APPLICATION, 2020–2022 (KILOTON)
                    TABLE 129 EUROPE: PACKAGING ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)
           9.3.2 GERMANY
                    9.3.2.1 Production and export of plastic packaging major driving factors
                                TABLE 130 GERMANY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 131 GERMANY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.3 FRANCE
                    9.3.3.1 Growing demand for packaged foods to drive market
                                TABLE 132 FRANCE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 133 FRANCE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.4 ITALY
                    9.3.4.1 Increasing export of various products to drive demand
                                TABLE 134 ITALY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 135 ITALY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.5 UK
                    9.3.5.1 Food & beverages industry to drive demand
                                TABLE 136 UK: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 137 UK: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.6 SPAIN
                    9.3.6.1 Growing packaging industry to drive market
                                TABLE 138 SPAIN: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 139 SPAIN: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.7 TURKEY
                    9.3.7.1 Growing consumer goods sector to drive demand
                                TABLE 140 TURKEY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 141 TURKEY: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.3.8 REST OF EUROPE
                    TABLE 142 REST OF EUROPE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                    TABLE 143 REST OF EUROPE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
    9.4 ASIA PACIFIC 
           9.4.1 RECESSION IMPACT
                    FIGURE 40 ASIA PACIFIC: PACKAGING ADHESIVES MARKET SNAPSHOT
                    TABLE 144 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (USD MILLION)
                    TABLE 145 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                    TABLE 146 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (KILOTON)
                    TABLE 147 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                    TABLE 148 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (USD MILLION)
                    TABLE 149 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (USD MILLION)
                    TABLE 150 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY RESIN, 2020–2022 (KILOTON)
                    TABLE 151 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY RESIN, 2023–2028 (KILOTON)
                    TABLE 152 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (USD MILLION)
                    TABLE 153 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                    TABLE 154 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (KILOTON)
                    TABLE 155 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                    TABLE 156 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (USD MILLION)
                    TABLE 157 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                    TABLE 158 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (KILOTON)
                    TABLE 159 ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)
           9.4.2 CHINA
                    9.4.2.1 E-commerce boom in China to drive market
                                TABLE 160 CHINA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 161 CHINA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.3 INDIA
                    9.4.3.1 Urbanization and changing lifestyle to drive demand
                                TABLE 162 INDIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 163 INDIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.4 JAPAN
                    9.4.4.1 Technological advancements to drive demand
                                TABLE 164 JAPAN: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 165 JAPAN: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.5 SOUTH KOREA
                    9.4.5.1 Rising disposable income to change customer preference
                                TABLE 166 SOUTH KOREA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 167 SOUTH KOREA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.6 MALAYSIA
                    9.4.6.1 Urbanization leading to changes in lifestyles
                                TABLE 168 MALAYSIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 169 MALAYSIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.7 INDONESIA
                    9.4.7.1 Growing demand for packaged goods to drive demand
                                TABLE 170 INDONESIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 171 INDONESIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.4.8 REST OF ASIA PACIFIC
                    TABLE 172 REST OF ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE,  2020–2022
                    TABLE 173 REST OF ASIA PACIFIC: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE,  2023–2028
    9.5 MIDDLE EAST & AFRICA 
           9.5.1 RECESSION IMPACT
                    FIGURE 41 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET SNAPSHOT
                    TABLE 174 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (USD MILLION)
                    TABLE 175 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                    TABLE 176 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (KILOTON)
                    TABLE 177 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                    TABLE 178 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2020–2022 (USD MILLION)
                    TABLE 179 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2023–2028 (USD MILLION)
                    TABLE 180 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2020–2022 (KILOTON)
                    TABLE 181 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2023–2028 (KILOTON)
                    TABLE 182 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (USD MILLION)
                    TABLE 183 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                    TABLE 184 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (KILOTON)
                    TABLE 185 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                    TABLE 186 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (USD MILLION)
                    TABLE 187 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                    TABLE 188 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (KILOTON)
                    TABLE 189 MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)
           9.5.2 UAE
                    9.5.2.1 Growing economy and packaging industry to drive demand
                                TABLE 190 UAE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 191 UAE: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.5.3 SAUDI ARABIA
                    9.5.3.1 Growing healthcare and food sectors to drive demand
                                TABLE 192 SAUDI ARABIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 193 SAUDI ARABIA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.5.4 SOUTH AFRICA
                    9.5.4.1 Growing industrialization and urbanization to be primary drivers of market
                                TABLE 194 SOUTH AFRICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 195 SOUTH AFRICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.5.5 REST OF MIDDLE EAST & AFRICA
                    TABLE 196 REST OF MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                    TABLE 197 REST OF MIDDLE EAST & AFRICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
    9.6 SOUTH AMERICA 
           9.6.1 RECESSION IMPACT
                    FIGURE 42 SOUTH AMERICA: PACKAGING ADHESIVES MARKET SNAPSHOT
                    TABLE 198 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (USD MILLION)
                    TABLE 199 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                    TABLE 200 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2020–2022 (KILOTON)
                    TABLE 201 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)
                    TABLE 202 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2020–2022 (USD MILLION)
                    TABLE 203 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2023–2028 (USD MILLION)
                    TABLE 204 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2020–2022 (KILOTON)
                    TABLE 205 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY RESIN,  2023–2028 (KILOTON)
                    TABLE 206 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (USD MILLION)
                    TABLE 207 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (USD MILLION)
                    TABLE 208 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2020–2022 (KILOTON)
                    TABLE 209 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY TECHNOLOGY,  2023–2028 (KILOTON)
                    TABLE 210 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (USD MILLION)
                    TABLE 211 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                    TABLE 212 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2020–2022 (KILOTON)
                    TABLE 213 SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)
           9.6.2 BRAZIL
                    9.6.2.1 Growing economy and packaging sector to drive market
                                TABLE 214 BRAZIL: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 215 BRAZIL: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.6.3 ARGENTINA
                    9.6.3.1 Growing food sector and increasing consumer demand to drive market
                                TABLE 216 ARGENTINA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                                TABLE 217 ARGENTINA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
           9.6.4 REST OF SOUTH AMERICA
                    TABLE 218 REST OF SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2020–2022
                    TABLE 219 REST OF SOUTH AMERICA: PACKAGING ADHESIVES MARKET, BY VOLUME & VALUE, 2023–2028
 
10 COMPETITIVE LANDSCAPE (Page No. - 190)
     10.1 OVERVIEW 
             TABLE 220 OVERVIEW OF STRATEGIES ADOPTED BY KEY PACKAGING ADHESIVES PLAYERS  (2018–2023)
     10.2 COMPANY EVALUATION QUADRANT MATRIX, 2022 
             10.2.1 STARS
             10.2.2 EMERGING LEADERS
             10.2.3 PERVASIVE PLAYERS
             10.2.4 PARTICIPANTS
                        FIGURE 43 COMPANY EVALUATION QUADRANT MATRIX, 2022
     10.3 STRENGTH OF PRODUCT PORTFOLIO 
     10.4 SMALL AND MEDIUM-SIZED ENTERPRISES EVALUATION QUADRANT MATRIX, 2022 
             10.4.1 RESPONSIVE COMPANIES
             10.4.2 PROGRESSIVE COMPANIES
             10.4.3 DYNAMIC COMPANIES
             10.4.4 STARTING BLOCKS
                        FIGURE 44 SMALL AND MEDIUM-SIZED ENTERPRISES EVALUATION QUADRANT MATRIX, 2022
     10.5 COMPETITIVE BENCHMARKING 
             TABLE 221 DETAILED LIST OF KEY STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES
             TABLE 222 COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES]
             TABLE 223 COMPETITIVE BENCHMARKING OF KEY PLAYERS
     10.6 COMPETITIVE SCENARIO 
             TABLE 224 PRODUCT FOOTPRINT OF COMPANIES
             TABLE 225 INDUSTRY FOOTPRINT OF COMPANIES
             TABLE 226 REGION FOOTPRINT OF COMPANIES
             10.6.1 MARKET EVALUATION MATRIX
                        TABLE 227 STRATEGIC DEVELOPMENTS, BY COMPANY
                        TABLE 228 MOST FOLLOWED STRATEGIES
                        TABLE 229 GROWTH STRATEGIES ADOPTED BY KEY COMPANIES
     10.7 MARKET SHARE ANALYSIS 
             FIGURE 45 MARKET SHARE, BY KEY FIVE PLAYERS (2022)
             TABLE 230 DEGREE OF COMPETITION, 2022
     10.8 MARKET RANKING ANALYSIS 
             FIGURE 46 MARKET RANKING ANALYSIS, 2022
     10.9 REVENUE ANALYSIS 
             FIGURE 47 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
             10.9.1 HENKEL AG
             10.9.2 3M
             10.9.3 H.B. FULLER
             10.9.4 ARKEMA S.A.
     10.10 COMPETITIVE SCENARIOS 
             TABLE 231 PRODUCT LAUNCHES, 2018–2023
             TABLE 232 DEALS, 2018–2023
 
11 COMPANY PROFILES (Page No. - 214)
     11.1 KEY PLAYERS 
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats)*
             11.1.1 HENKEL AG
                        TABLE 233 HENKEL AG: COMPANY OVERVIEW
                        FIGURE 48 HENKEL AG: COMPANY SNAPSHOT
                        TABLE 234 HENKEL AG: PRODUCT LAUNCHES
                        TABLE 235 HENKEL AG: DEALS
             11.1.2 3M
                        TABLE 236 3M: COMPANY OVERVIEW
                        FIGURE 49 3M: COMPANY SNAPSHOT
                        TABLE 237 3M: DEALS
             11.1.3 H.B. FULLER
                        TABLE 238 H.B. FULLER: COMPANY OVERVIEW
                        FIGURE 50 H.B. FULLER: COMPANY SNAPSHOT
                        TABLE 239 H.B. FULLER: PRODUCT LAUNCHES
                        TABLE 240 H.B. FULLER: DEALS
             11.1.4 THE DOW CHEMICAL COMPANY
                        TABLE 241 THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW
                        FIGURE 51 THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
                        TABLE 242 THE DOW CHEMICAL COMPANY: PRODUCT LAUNCHES
                        TABLE 243 THE DOW CHEMICAL COMPANY: DEALS
             11.1.5 ARKEMA S.A.
                        TABLE 244 ARKEMA S.A.: COMPANY OVERVIEW
                        FIGURE 52 ARKEMA S.A.: COMPANY SNAPSHOT
                        TABLE 245 ARKEMA S.A.: DEALS
             11.1.6 AVERY DENNISON CORPORATION
                        TABLE 246 AVERY DENNISON CORPORATION: COMPANY OVERVIEW
                        FIGURE 53 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT
                        TABLE 247 AVERY DENNISON CORPORATION: DEALS
             11.1.7 SIKA AG
                        TABLE 248 SIKA AG: COMPANY OVERVIEW
                        FIGURE 54 SIKA AG: COMPANY SNAPSHOT
                        TABLE 249 SIKA AG: DEALS
             11.1.8 WACKER CHEMIE AG
                        TABLE 250 WACKER CHEMIE AG: COMPANY OVERVIEW
                        FIGURE 55 WACKER CHEMIE AG: COMPANY SNAPSHOT
                        TABLE 251 WACKER CHEMIE AG: DEALS
             11.1.9 DIC CORPORATION
                        TABLE 252 DIC CORPORATION: COMPANY OVERVIEW
                        FIGURE 56 DIC CORPORATION: COMPANY SNAPSHOT
                        TABLE 253 DIC CORPORATION: DEALS
             11.1.10 DUPONT
                        TABLE 254 DUPONT: COMPANY OVERVIEW
                        FIGURE 57 DUPONT: COMPANY SNAPSHOT
                        TABLE 255 DUPONT: DEALS
     11.2 OTHER PLAYERS 
             11.2.1 JOWAT AG
                        TABLE 256 JOWAT AG: PRODUCT LAUNCHES
                        TABLE 257 JOWAT AG: DEALS
             11.2.2 COIM GROUP
             11.2.3 JUBILANT INDUSTRIES
                        TABLE 258 JUBILANT INDUSTRIES: PRODUCT OFFERINGS
             11.2.4 MASTER BOND INC.
             11.2.5 DYMAX CORPORATION
             11.2.6 BOND TECH INDUSTRIES
             11.2.7 L.D. DAVIS
             11.2.8 GREBE HOLDING GMBH
             11.2.9 UFLEX LIMITED
             11.2.10 TOYO-MORTON LTD.
             11.2.11 PARAMELT B.V.
             11.2.12 CHEMLINE INDIA LTD.
             11.2.13 TEX YEAR INDUSTRIES INC.
             11.2.14 KLEIBERIT SE & CO. KG
             11.2.15 INTACT ADHESIVES LTD.
 
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
12 ADJACENT/RELATED MARKETS (Page No. - 263)
     12.1 INTRODUCTION 
     12.2 LIMITATIONS 
     12.3 ADHESIVES & SEALANTS 
             12.3.1 MARKET DEFINITION
             12.3.2 MARKET OVERVIEW
     12.4 ADHESIVES MARKET, BY FORMULATING TECHNOLOGY 
             TABLE 259 ADHESIVES MARKET SIZE, BY FORMULATING TECHNOLOGY, 2017–2020 (USD MILLION)
             TABLE 260 ADHESIVES MARKET SIZE, BY FORMULATING TECHNOLOGY, 2021–2026 (USD MILLION)
             TABLE 261 ADHESIVES MARKET SIZE, BY FORMULATING TECHNOLOGY, 2017–2020 (KILOTON)
             TABLE 262 ADHESIVES MARKET SIZE, BY FORMULATING TECHNOLOGY, 2021–2026 (KILOTON)
             12.4.1 WATER BASED
                        12.4.1.1 Most widely used formulating technology for adhesives
                        12.4.1.2 PVA emulsion adhesives
                        12.4.1.3 PAE emulsion adhesives
                        12.4.1.4 VAE emulsion adhesives
                        12.4.1.5 Others
                                     12.4.1.5.1 Polyurethane dispersion adhesives
                                     12.4.1.5.2 Water-based rubber adhesives
             12.4.2 SOLVENT BASED
                        12.4.2.1 Stringent government regulations to hamper use of solvent-based adhesives
                        12.4.2.2 Styrene-butadiene styrene rubber (SBSR) adhesives
                        12.4.2.3 Chloroprene rubber (CR) adhesives
                        12.4.2.4 Polyvinyl acetate (PVA) adhesives
                        12.4.2.5 Polyamide adhesives
                        12.4.2.6 Others
             12.4.3 HOT MELT
                        12.4.3.1 Growing use due to fast setting speed and relatively lower cost
                        12.4.3.2 EVA adhesives
                        12.4.3.3 Styrenic block copolymer (SBC)
                        12.4.3.4 Copolyamides (COPAs)
                        12.4.3.5 Amorphous poly alpha olefins (APAOs)
                        12.4.3.6 Others
                                     12.4.3.6.1 Copolyester (COPES) adhesives
                        12.4.3.7 Polyurethanes
                                     12.4.3.7.1 Properties
                                     12.4.3.7.2 Metallocene polyethylene & metallocene polypropylene
             12.4.4 REACTIVE & OTHERS
                        12.4.4.1 Fastest-growing adhesives technology segment
                        12.4.4.2 Polyurethane adhesives
                                     12.4.4.2.1 Liquid
                                     12.4.4.2.2 Reactive hot-melt (RHMs) adhesives
                        12.4.4.3 Epoxy adhesives
                        12.4.4.4 Cyanoacrylate adhesives
                        12.4.4.5 Modified acrylate & methyl methacrylate (MMA) adhesives
                        12.4.4.6 Polysulfide adhesives
                        12.4.4.7 Others
                                     12.4.4.7.1 Formaldehyde-based (reactive-based) adhesives
                                     12.4.4.7.2 Silicone
                                     12.4.4.7.3 Polyester
                                     12.4.4.7.4 Resorcinol
                                     12.4.4.7.5 Phenolic
                                     12.4.4.7.6 Bio-based adhesives
     12.5 ADHESIVES MARKET, BY APPLICATION 
             TABLE 263 ADHESIVES MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
             TABLE 264 ADHESIVES MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 265 ADHESIVES MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
             TABLE 266 ADHESIVES MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
             12.5.1 PAPER & PACKAGING
                        12.5.1.1 High demand for flexible packaging to impact market
             12.5.2 BUILDING & CONSTRUCTION
                        12.5.2.1 Development of smart cities and mega projects to drive market
             12.5.3 WOODWORKING
                        12.5.3.1 Furniture industry to see increased demand for adhesives
             12.5.4 AUTOMOTIVE & TRANSPORTATION
                        12.5.4.1 Advancements in electric vehicles to increase demand for adhesives in automotive industry
             12.5.5 CONSUMER & DIY
                        12.5.5.1 Growing awareness about advantages of adhesives to drive demand
             12.5.6 LEATHER & FOOTWEAR
                        12.5.6.1 High footwear production in Asia to boost demand for adhesives
             12.5.7 ASSEMBLY
                        12.5.7.1 Wide use of adhesives in manufacturing sector to drive market
             12.5.8 ELECTRONICS
                        12.5.8.1 New trends and technological innovations to drive market
             12.5.9 MEDICAL
                        12.5.9.1 Growing use of silicone adhesives to drive market
             12.5.10 OTHERS
     12.6 SEALANTS MARKET, BY RESIN TYPE 
             12.6.1 SILICONE
                        12.6.1.1 Offers better flexibility and longer lifespan
             12.6.2 POLYURETHANE
                        12.6.2.1 High demand in automotive application to drive market
             12.6.3 PLASTISOL
                        12.6.3.1 Sound deadening and vibration reduction properties to fuel demand
             12.6.4 EMULSION
                        12.6.4.1 Growing use by construction sector to drive market
             12.6.5 POLYSULFIDE
                        12.6.5.1 Competitive sealants to hamper market growth
             12.6.6 BUTYL
                        12.6.6.1 Widespread use due to higher stability against oxidation
             12.6.7 OTHERS
     12.7 SEALANTS MARKET, BY APPLICATION 
             TABLE 267 SEALANTS MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
             TABLE 268 SEALANTS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 269 SEALANTS MARKET SIZE, BY APPLICATION, 2017–2020 (KILOTON)
             TABLE 270 SEALANTS MARKET SIZE, BY APPLICATION, 2021–2026 (KILOTON)
             12.7.1 BUILDING & CONSTRUCTION
                        12.7.1.1 Investments in new construction and infrastructure to positively impact market
             12.7.2 AUTOMOTIVE & TRANSPORTATION
                        12.7.2.1 Growing transportation industry to drive market
             12.7.3 CONSUMER
                        12.7.3.1 Rising demand for sealants for household use
             12.7.4 OTHERS
     12.8 ADHESIVES & SEALANTS MARKET, BY REGION 
             TABLE 271 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
             TABLE 272 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
             TABLE 273 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)
             TABLE 274 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
             12.8.1 ASIA PACIFIC
             12.8.2 EUROPE
             12.8.3 NORTH AMERICA
             12.8.4 MIDDLE EAST & AFRICA
             12.8.5 SOUTH AMERICA
 
13 APPENDIX (Page No. - 284)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS 

 

This research study involves the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg L.P., Factiva, ICIS, and OneSource, to identify and collect information useful for this technical, market-oriented, and commercial study of the global packaging adhesives market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the value chain of this industry. In-depth interviews were conducted with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as assess growth prospects of the market.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information for this study. These secondary sources include annual reports, press releases & investor presentations of companies, white papers, regulatory bodies, trade directories, certified publications, articles from recognized authors, gold and silver standard websites, and databases.

Secondary research has been used to obtain key information about the value chain of the industry, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level, and regional markets. It has also been used to obtain information about key developments from a market-oriented perspective.

Primary Research

In the primary research process, various sources from both, the supply and demand sides were interviewed to obtain and verify qualitative and quantitative information for this report as well as analyze prospects. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related executives from various leading companies and organizations operating in the packaging adhesives market. Primary sources from the demand side include experts and key persons from the application segment. Extensive primary research has been conducted after understanding and analyzing the current scenario of the packaging adhesives market through secondary research. Several primary interviews were conducted with market experts from both, the demand and supply sides across five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Following is the breakdown of primary respondents:

Packaging Adhesives Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the market engineering process (which includes calculations for market statistics, market breakdown, market size estimations, market forecast, and data triangulation), both the top-down and bottom-up approaches have been extensively used, along with several data triangulation methods to gather, verify, and validate the market figures arrived at. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to provide key information/insights throughout the report. The research methodology used to estimate the market size included the following steps:

The key players in the market have been identified in the respective regions through primary and secondary research. All percentage shares, splits, and breakdowns have been determined by using secondary sources and verified through primary sources. All possible parameters that affect the market and submarkets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The data has been consolidated and added with detailed inputs and analysis from the MNM data repository and presented in this report.

Global Packaging Adhesives Market Size: Top-down Approach

IoT in Smart Cities Market Size, and Share

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been used wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both, the demand and supply sides. The market has been validated using both, the top-down and bottom-up approaches.

Market Definition.

Packaging adhesives are a component of a variety of end use applications such as case & carton, corrugated packaging, labeling, flexible packaging, folding cartons, specialty packaging, and others, facilitate packaging purpose.

Key Stakeholders

  • Senior Management
  • End User
  • Finance/Procurement Department
  • R&D Department

Report Objectives

  • To define, describe, and forecast the size of the packaging adhesives market, in terms of both value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To forecast the market size by resin, technology, and application
  • To forecast the market size with respect to five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for the market leaders
  • To analyze competitive developments, such as merger & acquisition, new product launch, partnership, and investment & expansion in the market
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2

Note: 1. Micromarkets are defined as the subsegments of the global packaging adhesives market included in the report.

2. Core competencies of companies are determined in terms of the key developments and strategies adopted by them to sustain in the market.

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Packaging adhesives market, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
CH 3181
Published ON
Jun, 2023
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