포장용 접착제 시장 보고서 : 동향, 예측 및 경쟁 분석(-2030년)

Packaging Adhesive Trends and Forecast

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 the rapidly rising e-commerce industry across the globe.

• Lucintel forecasts that, within the technology category, water-based will remain the largest segment over the forecast period because they are water-soluble and have 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.
• Within the application category, labeling will remain the highest-growing segment over the forecast period because these adhesives are crafted from natural and soluble synthetic polymers and are employed for labeling and bonding purposes owing to their eco-friendliness.
• In terms of regions, APAC will remain the highest-growing region over the forecast period due to shifts in lifestyle, increased disposable income, population growth in various nations, and expanding production of packaged food and beverages in this region.

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Emerging Trends in the Packaging Adhesive Market

Emerging trends in the packaging adhesive market reflect a shift towards sustainability, advanced technology, and evolving consumer preferences. These trends are shaping the future of the industry by driving innovation and addressing new market demands.

• Sustainability Focus: There is a strong emphasis on sustainability, with increasing demand for eco-friendly adhesives. Manufacturers are developing low-VOC, biodegradable, and recyclable adhesives to meet environmental regulations and consumer preferences for greener products. This trend is influencing product development and market growth.
• Technological Advancements: Technological advancements are driving innovation in packaging adhesives. Innovations include improved adhesive formulations, enhanced bonding strength, and better performance under various conditions. Advances in manufacturing processes and materials are enabling the development of high-performance adhesives suitable for diverse applications.
• Regulatory Compliance: Regulatory compliance is a significant trend, with stricter environmental and safety standards impacting adhesive formulations. Manufacturers are focusing on developing products that meet international regulations, including those related to VOC emissions and material safety. Compliance is crucial for market access and acceptance.
• Customization and Versatility: The demand for customized and versatile adhesives is growing. Packaging applications require adhesives that can perform under different conditions and on various substrates. Manufacturers are developing adhesives that offer flexibility in application and compatibility with a wide range of packaging materials.
• Integration of Smart Technologies: The integration of smart technologies in adhesives is emerging as a trend. Smart adhesives with features such as temperature sensitivity or self-healing properties are being developed to enhance packaging functionality and performance. This trend is pushing the boundaries of traditional adhesive applications.

These emerging trends are reshaping the packaging adhesive market by driving sustainability, technological innovation, regulatory compliance, customization, and smart technology integration. These factors are influencing product development and market dynamics, leading to more advanced and environmentally friendly adhesive solutions.

Recent Developments in the Packaging Adhesive Market

Recent developments in the packaging adhesive market highlight key advancements that are transforming the industry. These developments focus on improving adhesive performance, sustainability, and compliance with regulatory standards.

• Development of Eco-Friendly Adhesives: The development of eco-friendly adhesives is a major advancement. Manufacturers are creating adhesives with reduced environmental impact, including lower VOC content and biodegradable formulations. This development supports global sustainability goals and responds to growing consumer demand for greener products.
• Advancements in Performance: Advancements in adhesive performance are driving innovation. New formulations offer improved bonding strength, durability, and resistance to various environmental conditions. These improvements enhance the functionality and reliability of packaging adhesives in diverse applications.
• Introduction of Smart Adhesives: The introduction of smart adhesives represents a significant development. These adhesives incorporate technologies such as temperature sensitivity and self-healing properties, offering enhanced performance and functionality. Smart adhesives are expanding the possibilities for packaging applications and driving market growth.
• Focus on Regulatory Compliance: A strong focus on regulatory compliance is shaping recent developments. Manufacturers are prioritizing the development of adhesives that meet stringent environmental and safety standards. This focus ensures market access and aligns with global regulations, supporting product acceptance and consumer trust.
• Expansion of Application Range: The expansion of the application range for packaging adhesives is notable. Innovations are enabling adhesives to be used in a wider variety of packaging materials and industries, including food, beverage, and pharmaceuticals. This development supports market growth and diversification.

These recent developments are advancing the packaging adhesive market by enhancing sustainability, performance, technology integration, and regulatory compliance. Innovations in eco-friendly formulations, smart technologies, and expanded applications are driving growth and transformation in the industry.

Strategic Growth Opportunities for Packaging Adhesive Market

The packaging adhesive market presents several strategic growth opportunities driven by technological advancements, evolving consumer demands, and increasing industry requirements. These opportunities reflect the potential for expansion and innovation across key applications.

• Expansion in Food Packaging: Expansion in food packaging represents a significant growth opportunity. The demand for adhesives that meet food safety regulations and provide excellent performance in food packaging is increasing. Manufacturers can capitalize on this opportunity by developing adhesives that ensure product safety and enhance packaging functionality.
• Growth in E-Commerce Packaging: Growth in e-commerce packaging is driving demand for packaging adhesives. The rise in online shopping requires adhesives that can handle various packaging materials and ensure secure shipping. This trend presents opportunities for developing adhesives that offer strong bonding and durability for e-commerce applications.
• Advancements in Sustainable Packaging: Advancements in sustainable packaging provide growth opportunities. With increasing consumer and regulatory focus on sustainability, there is a demand for eco-friendly adhesives. Manufacturers can develop adhesives that align with green chemistry principles and support the transition to more sustainable packaging solutions.
• Innovation in Flexible Packaging: Innovation in flexible packaging offers opportunities for adhesive development. Flexible packaging requires adhesives that can perform well on various flexible substrates and maintain adhesion under different conditions. This trend supports the development of high-performance adhesives tailored for flexible packaging applications.
• Emergence of Smart Packaging Solutions: The emergence of smart packaging solutions presents growth opportunities. Smart adhesives with features such as temperature sensitivity and interactive elements are gaining traction. Manufacturers can leverage this trend to develop innovative adhesives that enhance the functionality and appeal of smart packaging.

These strategic growth opportunities highlight the potential for expansion in the packaging adhesive market. By focusing on food packaging, e-commerce, sustainable solutions, flexible packaging, and smart technologies, stakeholders can drive innovation and capture emerging market trends.

Packaging Adhesive Market Driver and Challenges

The packaging adhesive market is influenced by various drivers and challenges, including technological advancements, economic factors, and regulatory requirements. Understanding these factors is essential for navigating the market and leveraging growth opportunities.

The factors responsible for driving the packaging adhesive market include:

• Technological Advancements: Technological advancements drive innovation in the packaging adhesive market. Improvements in adhesive formulations and manufacturing processes enhance product performance, including bonding strength and durability. These advancements support the development of high-quality adhesives and drive market growth.
• Increasing Demand for Sustainable Solutions: Increasing demand for sustainable solutions is a major driver. Consumers and regulations are pushing for eco-friendly adhesives with reduced environmental impact. Manufacturers are responding by developing adhesives that are biodegradable, recyclable, and aligned with green chemistry principles.
• Growth in Packaging Industry: Growth in the packaging industry drives demand for adhesives. The expansion of various packaging sectors, such as food and beverage, e-commerce, and pharmaceuticals, increases the need for high-performance adhesives. This growth supports market expansion and innovation.
• Regulatory Compliance: Regulatory compliance is a significant driver. Stricter environmental and safety regulations influence adhesive formulations and manufacturing practices. Manufacturers are focusing on developing adhesives that meet international standards, ensuring market access and regulatory adherence.
• Consumer Preference for High-Quality Packaging: Consumer preference for high-quality packaging is driving demand for advanced adhesives. The need for secure, durable, and visually appealing packaging drives innovation in adhesive technologies, supporting market growth and product development.

Challenges in the packaging adhesive market are:

• High Production Costs: High production costs can be a challenge. The investment required for advanced technologies and sustainable practices can impact profitability and market competitiveness. Manufacturers must balance cost and innovation to maintain market position.
• Regulatory Compliance Complexity: Regulatory compliance complexity poses a challenge. Adhering to stringent environmental and safety standards requires significant effort and resources. Manufacturers must navigate complex regulations to ensure product compliance and market acceptance.
• Intense Market Competition: Intense market competition is a challenge. With numerous players in the market, differentiating products and maintaining competitive pricing can be difficult. Manufacturers need to focus on innovation and quality to stand out and capture market share.

The packaging adhesive market is shaped by technological advancements, sustainability trends, packaging industry growth, regulatory compliance, and consumer preferences. However, challenges such as high production costs, regulatory complexities, and market competition must be addressed. Navigating these drivers and challenges is crucial for market success and growth.

List of Packaging Adhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies packaging adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging adhesive companies profiled in this report include-

• 3M
• Dow
• Henkel
• H.B. Fuller Company
• Sika
• Arkema Group
• Jowat
• Ashland
• Wacker Chemie
• Paramelt RMC

Packaging Adhesive by Segment

The study includes a forecast for the global packaging adhesive by technology, application, and region.

Packaging Adhesive Market by Technology [Analysis by Value from 2018 to 2030]:

• Solvent-Based
• Water-Based
• Hot Melt
• Others

Packaging Adhesive Market by Application [Analysis by Value from 2018 to 2030]:

• Case & Carton
• Corrugated Packaging
• Labeling
• Flexible Packaging
• Folding Cartons
• Specialty Packaging
• Others

Packaging Adhesive Market by Region [Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Packaging Adhesive Market

The packaging adhesive market is evolving rapidly due to advancements in technology and shifts in consumer and regulatory demands. Innovations in adhesive formulations, environmental considerations, and changing packaging requirements are driving developments across key regions. In the United States, China, India, and Japan, these changes reflect a broader trend toward sustainability and performance improvement in adhesive solutions used for packaging.

• United States: In the United States, the packaging adhesive market is focusing on eco-friendly solutions and improved performance. Recent advancements include the development of adhesives with lower volatile organic compounds (VOCs) and enhanced bonding strength. The push towards sustainable packaging materials is prompting manufacturers to innovate with recyclable and biodegradable adhesives. Regulatory pressures and consumer demand for greener products are shaping the market dynamics, leading to increased adoption of advanced adhesive technologies.
• China: China's packaging adhesive market is experiencing growth driven by rapid industrialization and a shift towards more sustainable practices. Key developments include the introduction of high-performance adhesives designed for diverse packaging applications, such as food and beverage, cosmetics, and electronics. There is also a growing emphasis on improving adhesive quality and environmental impact, with increased investment in research and development to meet both domestic and international standards.
• India: In India, the packaging adhesive market is expanding with a focus on cost-effective and performance-oriented solutions. Recent advancements include the development of adhesives that cater to the diverse needs of the packaging industry, including food packaging and industrial applications. The market is also seeing increased adoption of environmentally friendly adhesives as awareness of sustainability grows among manufacturers and consumers. Innovations in adhesive technology are supporting the country's rapid industrial growth and evolving packaging requirements.
• Japan: Japan's packaging adhesive market is characterized by high standards and technological innovation. Recent developments include the creation of high-performance adhesives with enhanced durability and environmental sustainability. Japanese manufacturers are investing in advanced research to develop adhesives that offer superior bonding strength and compatibility with various packaging materials. The market is also seeing a push towards adhesives that comply with stringent regulatory requirements and support Japan's commitment to environmental sustainability.

Features of the Global Packaging Adhesive Market

Market Size Estimates: Packaging adhesive market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Packaging adhesive market size by technology, application, and region in terms of value ($B).

Regional Analysis: Packaging adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the packaging adhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging adhesive market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the packaging adhesive market by technology (solvent-based, water-based, hot melt, and others), application (case & carton, corrugated packaging, labeling, flexible packaging, folding cartons, specialty packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Packaging Adhesive Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2. Global Packaging Adhesive Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Packaging Adhesive Market by Technology
  • 3.3.1: Solvent-Based
  • 3.3.2: Water-Based
  • 3.3.3: Hot Melt
  • 3.3.4: Others
• 3.4: Global Packaging Adhesive Market by Application
  • 3.4.1: Case & Carton
  • 3.4.2: Corrugated Packaging
  • 3.4.3: Labeling
  • 3.4.4: Flexible Packaging
  • 3.4.5: Folding Cartons
  • 3.4.6: Specialty Packaging
  • 3.4.7: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

• 4.1: Global Packaging Adhesive Market by Region
• 4.2: North American Packaging Adhesive Market
  • 4.2.1: North American Market by Technology: Solvent-Based, Water-Based, Hot Melt, and Others
  • 4.2.2: North American Market by Application: Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging, and Others
• 4.3: European Packaging Adhesive Market
  • 4.3.1: European Market by Technology: Solvent-Based, Water-Based, Hot Melt, and Others
  • 4.3.2: European Market by Application: Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging, and Others
• 4.4: APAC Packaging Adhesive Market
  • 4.4.1: APAC Market by Technology: Solvent-Based, Water-Based, Hot Melt, and Others
  • 4.4.2: APAC Market by Application: Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging, and Others
• 4.5: ROW Packaging Adhesive Market
  • 4.5.1: ROW Market by Technology: Solvent-Based, Water-Based, Hot Melt, and Others
  • 4.5.2: ROW Market by Application: Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Packaging Adhesive Market by Technology
  • 6.1.2: Growth Opportunities for the Global Packaging Adhesive Market by Application
  • 6.1.3: Growth Opportunities for the Global Packaging Adhesive Market by Region
• 6.2: Emerging Trends in the Global Packaging Adhesive Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Packaging Adhesive Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Packaging Adhesive Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: 3M
• 7.2: Dow
• 7.3: Henkel
• 7.4: H.B. Fuller Company
• 7.5: Sika
• 7.6: Arkema Group
• 7.7: Jowat
• 7.8: Ashland
• 7.9: Wacker Chemie
• 7.10: Paramelt RMC