Packaging Adhesives Market: By Technology (Water-Based, Solvent-Based, and Hot-Melt), By Application (Flexible Packaging, Folding Boxes and Cartons, Sealing, Labels and Tapes, and Others), and Geography

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Packaging Adhesives Market size was valued at USD 9,271.6 million in 2023 and is projected to to reach USD 13,758.0 million by 2030 is poised to grow at 5.8% CAGR from 2024-2030. The packaging adhesives market is driven by the factors such as growth in the packaging industry, e-commerce boom, and demand for sustainable packaging. The packaging industry is itself being driven by a number of, including rising populations, 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, and the rise of e-commerce has led to an increased demand for durable and secure packaging. Packaging adhesives play a vital role in ensuring that products arrive at their destination undamaged.

Consumers are increasingly concerned about the environmental impact of packaging. This is driving the demand for sustainable packaging adhesives, which are made from renewable resources or are biodegradable. Yet fluctuations in raw material prices, stringent regulations, and competition are the constraints will hinder the market growth. However, these constraints also present opportunities for packaging adhesive manufacturers in emerging markets, and companies that can develop cost-effective, environmentally friendly adhesives that meet the needs of a changing marketplace will be well-positioned for success. Increased use of automation, focus on lightweighting, and multifunctional adhesives are the trends in the packaging adhesives market.

Packaging Adhesives Market Key Developments:
  • In May 2024, Arkema’s acquisition of Dow’s flexible packaging laminating adhesives business, is a strategic move by Arkema to expand its portfolio and become a key player in the flexible packaging market1. The business acquired is one of the leading producers of adhesives for flexible packaging, with annual sales of around USD 250 million.
  • In March 2022, H.B. Fuller Company, a leading global adhesives provider, announced its membership in the 4evergreen alliance. This initiative, hosted by the Confederation of European Paper Industries (Cepi), aims to enhance the circularity and sustainability of fiber-based packaging.

Packaging Adhesives Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.8%

Largest Market

North America

Fastest Growing Market

Latin America
Packaging Adhesives Market Dynamics

The packaging adhesives market is propelling due to the rapidly growing in emerging markets such as Asia Pacific and Latin America. 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, and there is a continuous development of new and improved packaging adhesives. For instance, the development of hot melt adhesives that are activated by heat and offer strong bonds is finding favor in the packaging industry due to their fast-setting time and ease of use. Additionally, there is a demand for sustainable packaging adhesives is growing. This presents an opportunity for manufacturers to develop and market new products that meet the needs of environmentally conscious consumers. The use of automation in the packaging industry is increasing, and this is leading to a demand for packaging adhesives that are compatible with automated equipment, manufacturers are increasingly looking for ways to lightweight their packaging in order to reduce costs and environmental impact, this drives the demand for packaging adhesives that are strong yet lightweight, and there is a growing trend towards the use of multifunctional adhesives that can bond a variety of materials and provide additional benefits such as barrier properties or tamper evidence.

Packaging Adhesives Market Segmentation

By Technology
  • Water-Based
  • Solvent-Based
  • Hot-Melt
By Application
  • Flexible Packaging
  • Folding Boxes and Cartons
  • Sealing
  • Labels and Tapes
  • Others
Geography
  • North America
  • USA
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe
  • The Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • MEA
  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The packaging adhesives market was valued at USD 9,271.6 million in 2023 and is projected to grow at 5.8% CAGR over the forecast years to reach USD 9,809.4 million by 2030.

• Growth in the packaging industry
• E-commerce boom
• Demand for sustainable packaging

• Emerging markets
• Innovation
• Focus on sustainability

• Increased use of automation
• Focus on lightweighting
• Multifunctional adhesives

Packaging adhesives are the unseen glue that keeps everything in the packaging industry together. These substances are crucial for various packaging purposes, including adhering labels to containers and sealing corrugated boxes.

Flexible Packaging, folding boxes and cartons, sealing, labels and tapes, and others are the application of packaging adhesives.

Market research is segmented based on technology, application, and region.

Asia-Pacific is the dominating region in the Packaging Adhesives Market

Latin American is the fastest growing region in the packaging adhesives market

Key Features of the Reports

  • The packaging adhesives market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Global Packaging Adhesives Market Introduction 
2.1.Global Packaging Adhesives Market  - Taxonomy
2.2.Global Packaging Adhesives Market  - Definitions
2.2.1.Technology
2.2.2.Application
2.2.3.Region
3.Global Packaging Adhesives Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Packaging Adhesives Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Packaging Adhesives Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Water-Based
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Solvent-Based
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Hot-Melt
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Packaging Adhesives Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Flexible Packaging
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Folding Boxes and Cartons
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Sealing
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Labels and Tapes
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Packaging Adhesives Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Packaging Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Water-Based
8.1.2.Solvent-Based
8.1.3.Hot-Melt
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Flexible Packaging
8.2.2.Folding Boxes and Cartons
8.2.3.Sealing
8.2.4.Labels and Tapes
8.2.5.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Packaging Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Water-Based
9.1.2.Solvent-Based
9.1.3.Hot-Melt
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Flexible Packaging
9.2.2.Folding Boxes and Cartons
9.2.3.Sealing
9.2.4.Labels and Tapes
9.2.5.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Packaging Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Water-Based
10.1.2.Solvent-Based
10.1.3.Hot-Melt
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Flexible Packaging
10.2.2.Folding Boxes and Cartons
10.2.3.Sealing
10.2.4.Labels and Tapes
10.2.5.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Packaging Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Water-Based
11.1.2.Solvent-Based
11.1.3.Hot-Melt
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Flexible Packaging
11.2.2.Folding Boxes and Cartons
11.2.3.Sealing
11.2.4.Labels and Tapes
11.2.5.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Packaging Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Water-Based
12.1.2.Solvent-Based
12.1.3.Hot-Melt
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Flexible Packaging
12.2.2.Folding Boxes and Cartons
12.2.3.Sealing
12.2.4.Labels and Tapes
12.2.5.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Henkel AG & Company
13.2.2.KGaA
13.2.3.3M Company
13.2.4.Huntsman Corporation
13.2.5.B. Fuller Company
13.2.6.Bostik SA
13.2.7.Avery Dennison Corporation
13.2.8.DowDuPont Inc.
13.2.9.Dymax Corporation
13.2.10.Ashland Inc.
13.2.11.Sika AG
13.2.12.Paramelt B.V.
13.2.13.Wacker Chemie AG
14. Research Methodology 
15. Appendix and Abbreviations 
  • Henkel AG & Company
  • KGaA
  • 3M Company
  • Huntsman Corporation
  • B. Fuller Company
  • Bostik SA
  • Avery Dennison Corporation
  • DowDuPont Inc.
  • Dymax Corporation
  • Ashland Inc.
  • Sika AG
  • Paramelt B.V.
  • Wacker Chemie AG

Adjacent Markets