Packaging Adhesives Market Summary
As per Market Research Future Analysis, the Global Packaging Adhesives Market was valued at USD 15.94 Billion in 2024 and is projected to reach USD 23.28 Billion by 2035, growing at a CAGR of 3.50% from 2025 to 2035. The market growth is driven by the increasing demand in the packaged food and beverage sector and heightened consumer awareness regarding food safety. Advancements in adhesive technologies, particularly in water-based and eco-friendly formulations, are also contributing to market expansion.
Key Market Trends & Highlights
The packaging adhesives market is witnessing significant trends driven by technological advancements and sustainability.
- Water-based adhesives dominated the market in 2022, providing enhanced safety and lower environmental impact.
- Folding boxes and cartons generated the highest revenue in 2022, closely linked to rising consumer goods consumption.
- North America held the largest market share at 45.80% in 2022, driven by continuous innovation in packaging technology.
- The Asia-Pacific region is expected to grow at the fastest CAGR from 2023 to 2032, fueled by economic growth and rising consumer demand.
Market Size & Forecast
2024 Market Size | USD 15.94 Billion |
2035 Market Size | USD 23.28 Billion |
CAGR from 2025 to 2035 | 3.50% |
Major Players
Key players in the market include 3M, Arkema Group (Bostik), AVERY DENNISON CORPORATION, Ashland, Dow, Henkel AG & Co. KGaA, H.B. Fuller Company, Jowat SE, Paramelt RMC B.V., and Wacker Chemie AG.