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Packaging Adhesives Market Share

Report ID: GMI7019
Published Date: Oct 2023
Report Format: PDF

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Packaging Adhesives Market Share

Major players operating in the packaging adhesives industry include:

Henkel AG & Co. KGaA
3M Company
H.B. Fuller
Bostik (a subsidiary of Arkema Group)
Avery Dennison Corporation
Dow Inc.
Ashland Global Holdings Inc.

Henkel AG & Co. KGaA & 3M Company are dominant players in the Packaging Adhesives business due to their vast product landscape, geographical presence, and strategic alliances. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size packaging adhesives was valued at USD 15.83 billion in 2023 and is anticipated to register a CAGR of over 4% between 2024 and 2032, owing to the rapid expansion of e-commerce.

The flexible packaging segment accounted for over 35% market share in 2022 and is projected to grow through 2032 as this packaging offers easy resealability, portability, and portion control, driving the demand for adhesives for sealing & resealing.

North America market for packaging adhesives accounted for a major share of around 25% in 2022 as the consumers in the region seek convenient and easy-to-use packaging solutions, which along with the rapid expansion of e-commerce is driving the demand for secure, tamper-evident packaging.

Henkel AG & Co. KGaA, 3M Company, H.B. Fuller, Bostik (a subsidiary of Arkema Group), Avery Dennison Corporation, Dow Inc. and Ashland Global Holdings Inc.