Packaging Adhesives Market 2021-2030 | Statistics, Competition Strategies, Opportunities and Share Demand, Global Size and Future Investment Analysis with Covid-19 Impact

In a recent published report, Kenneth Research has updated the market report for Packaging Adhesives Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Packaging Adhesives Market products.

Download Sample of This Strategic Report:

On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Packaging Adhesives Market was valued at USD 6.39 Billion in the year 2017. Global Packaging Adhesives Market is further estimated tgrow at a CAGR of 4.69% from 2019 treach USD 9.21 Billion by the year 2025. Packaging adhesives are produced with the help of several technologies such as solvent-based, water-based, and others. They are used in applications such as flexible packaging, specialty packaging, and others. On the basis of application the Market is segmented as corrugated packaging, flexible packaging, specialty packaging, case & carton, labeling, folding cartons, and others in which flexible packaging segment holds the highest Market share in the forecasted period owing t*the developments in the packaging technology that are used in the research, pharmaceutical, and manufacturing sectors.

Download Sample of This Strategic Report:

Major market players in Packaging Adhesives Market are H.B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Henkel AG & Company, KGaA, Franklin International Inc., Avery Dennison Corp., Bostik SA, Ashland, DYMAX, and brief information of 10 companies will be provided in the report.

SWOT analysis of Packaging Adhesives Market:

Extensive benefits offered by the packaging adhesives such as strength and tackiness
Wide application in F&B and pharmaceutical industry
Government Regulations t*Reduce Volatile organic compounds (VOC)
Developments in the manufacturing sectors
Growing awareness for eco-friendly products
Restriction on Use of Some Raw Materials

The global Packaging Adhesives Market is segmented on the basis of technology, by application, and by region. On the basis of technology the Market is segmented as Water Based, Solvent Based, and Hot Melt of which water-based segment is expected thold the highest Market share during the forecast period and are expected tgrow with highest CAGR.

Packaging Adhesives Market Segmentation:
By Application

-Case & Carton
-Corrugated Packaging
-Flexible Packaging
-Folding Cartons
-Specialty Packaging

By Technology
-Water Based
-Solvent Based
-Hot Melt

By Region
-North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

Download Sample of This Strategic Report:

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research
Phone: +1 313 462 0609

Leave a Reply