Lamination adhesive is an important ingredient for manufacturing flexible packaging products for various end-user industries such as healthcare and pharmaceuticals, food and beverages, manufacturing, and others. Flexible packaging is the type of packaging product which is made from flexible materials and easily resilient materials, for example, flexible laminates, elastomeric materials, and rubber. Flexible packaging can be readily molded into multiple shapes after filling or canning.
Market Dynamics
The global lamination adhesives for flexible packaging market has witnessed significant growth from past 5 years owing to the rising growth of various end user industries like food, medical, and industrial packaging across the globe. The key players involved in the market are focusing on improving production technology for the development of environmental protection and better performing lamination adhesives. This scenario is expected to provide lucrative growth opportunities for the global lamination adhesives for flexible packaging market over the forecast period.
The major players in the global lamination adhesives for flexible packaging market are increasing their investments in innovative product launches, research and development, and marketing and promotional activities to capitalize on emerging trends and various end-user industries such as food and beverages, consumer goods, and pharmaceutical. This scenario is expected to fuel the market growth during the forecast period.
Market consolidation has been observed as a key trend, with top market players going for mergers and acquisitions to enhance their product portfolios and increase their global footprint. Also, solvent less lamination adhesives are rapidly replacing solvent-based adhesives owing to their eco-friendly nature.
Key features of the study:
- This report provides an in-depth analysis of the global lamination adhesives for flexible packaging market, and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global lamination adhesives for flexible packaging market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- The key companies covered as a part of this study include H.B. Fuller, Henkel AG & Co. KgaA, The Dow Chemical Company, 3M, Flint Group, Arkema Group, Ashland Inc., COIM Group, Morchem, DIC Corporation, and Chemline India Ltd
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology upgrade, market expansion, and marketing tactics
- The global lamination adhesives for flexible packaging market report caters to various stakeholders in this industry including investors, suppliers, lamination adhesives for flexible packaging manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lamination adhesives for flexible packaging market
Detailed Segmentation:
- Global Lamination Adhesives For Flexible Packaging Market, By Product Type:
- Water-Based
- Hot/Cold Seal
- Solvent Less
- Solvent Based
- Global Lamination Adhesives For Flexible Packaging Market, By End User:
- Food Packaging
- Medical Packaging
- Industrial Packaging
- Others
- Global Lamination Adhesives For Flexible Packaging Market, By Region:
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- North Africa
- Central Africa
- South Africa
- Company Profiles
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- H.B. Fuller
- Henkel AG & Co. KgaA
- The Dow Chemical Company
- 3M
- Flint Group
- Arkema Group
- Ashland Inc.
- COIM Group
- Morchem
- DIC Corporation
- Chemline India Ltd.