At what pace is the packaging adhesives market growing, and what is its estimated value?
The packaging adhesives market size has grown strongly in recent years. It will grow from $16.53 billion in 2024 to $17.47 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to rise of e-commerce, growing emphasis on sustainable and eco-friendly adhesives, rising safety challenges in food and beverage packaging, consumer demand and sustainability trend, and regulations and compliance.
The packaging adhesives market size is expected to see steady growth in the next few years. It will grow to $20.7 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to Rising demand for packaging in the food industry, Growing focus on sustainability requirements, technological advancements in the packaging industry, Increasing demand for flexible, rigid, and semi-rigid packaging, and growing demand for eco-friendly adhesives. Major trends in the forecast period include e-commerce impact, technological advancements, sustainability, geographical dominance, and regulatory impact.
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What are the key forces behind the packaging adhesives market’s growth in recent years?
The growth of the e-commerce industry is expected to propel the growth of the packaging adhesives market going forward. E-commerce, or electronic commerce, refers to the trading of goods and services on the Internet. Packaging adhesive is used in the e-commerce sector to provide reliable and efficient packaging solutions for order fulfillment. For instance, in November 2023, according to the International Trade Administration, a US-based government agency, eCommerce revenues in the UK are expected to have an annual average growth rate of 12.6% by 2025, and as of January 2021, consumer eCommerce accounted for 36.3% of the UK’s overall retail industry, and expected to reach $285.60 billion by 2025. Therefore, the growth of the e-commerce industry is driving the growth of the packaging adhesives market.
What are the major segments of the packaging adhesives market?
The packaging adhesives market covered in this report is segmented –
1) By Technology: Water-Based, Solvent-Based, Hot Melt
2) By Resins: Poly Vinyl Acetate (PVA), Acrylics, Polyurethane, Other Resins
3) By Application: Flexible Packaging, Folding Box And Cartons, Sealing, Labels And Tapes, Other Applications
Subsegments:
1) By Water-Based Adhesives: Acrylic Adhesives, Polyvinyl Acetate (PVA) Adhesives, Ethylene Vinyl Acetate (EVA) Adhesives, Starch-Based Adhesives
2) By Solvent-Based Adhesives: Natural Rubber Adhesives, Synthetic Rubber Adhesives, Vinyl Acetate-Based Adhesives, Polyurethane Adhesives
3) By Hot Melt Adhesives: Ethylene Vinyl Acetate (EVA) Hot Melt Adhesives, Polyamide Hot Melt Adhesives, Polyurethane Hot Melt Adhesives, Rubber-Based Hot Melt Adhesives
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Which companies dominate the packaging adhesives market?
Major companies operating in the packaging adhesives market report are BASF SE, The Dow Chemical Company, 3M Company, Henkel AG & Company KGaA, Illinois Tool Works Inc., DowDuPont Inc., Arkema S.A., AkzoNobel N.V., Eastman Chemical Company, Sika AG, Avery Dennison Corporation, Wacker Chemie AG, Huntsman Corporation, H.B. Fuller Company, Ashland Inc., RPM International Inc., Sipchem, Mapei S.p.A., Paramelt B.V., Scott Bader Company Ltd., Beardow Adams Group (Acquired by H.B. Fuller), Dymax Corporation, Adhesives Research Inc., Super Glue Corporation, Jowat SE
What major trends will shape the packaging adhesives market during the forecast period?
Major companies operating in the packaging adhesives market are focused on developing innovative solutions, such as sustainable flexible packaging adhesives, to gain a competitive edge in the market. Sustainable flexible packaging adhesives are eco-friendly adhesives specifically designed for use in flexible packaging applications. For instance, in May 2022, Henkel, a Germany-based chemicals company, launched a new RE range of adhesives and coatings specifically designed for recycling and enabling the creation of sustainable, flexible packaging at the design phase. Loctite Liofol LA 7818 RE/6231 RE and Loctite Liofol LA 7102 RE/6902 RE have been launched under the RE series, which are solvent-free adhesives designed for use in flexible packaging and to enable improved packaging recycling. The systems have also been acknowledged for their recyclability by RecyClass, a broad industry-wide program that promotes the recyclability of plastic packaging and guarantees the traceability and transparency of recycled plastic material in Europe. These ground-breaking solvent-free adhesives underwent rigorous testing in compliance with rigorous scientific methods to obtain RecyClass approval, demonstrating their compatibility with the package recycling procedure.
What are the key regional dynamics of the packaging adhesives market, and which region leads in market share?
North America was the largest region in the packaging adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Packaging Adhesives Market Report 2025 Offer?
The packaging adhesives market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Packaging adhesive refers to an essential component used in the packaging industry to bond, seal, or laminate various materials, such as paper, cardboard, and plastic. They are used in creating secure and durable packaging solutions, ensuring the integrity and stability of packaging structures.
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