Global adhesive films market is projected to reach around US$ 25.37 Bn by 2030, in terms of revenue, exhibiting a CAGR of 5.8% during the forecast period (2023-2030).
Global Adhesive Films Market: Trends
Increasing Demand for Packaged Food Products
Growing demand for packaged food products due to increasing spending by consumers is expected to drive the market growth. Increasing health and wellness trend is encouraging consumers to spend more on food products. Rising disposable income of the consumers coupled with the busy the lifestyle of the consumers is propelling demand for frozen food products.
Rising Demand from End-use Industries
Polypropylene material is gaining traction in the market as it is more versatile and cost-effective plastic than other plastics. Moreover, polypropylene is highly resistant to a wide range of acids and solvents solutions. It is majorly used in the food packaging and multi-purpose packaging applications. Moreover, increasing urban population and increasing end-use sectors around the globe is further expected to drive the global adhesive films market growth over the forecast period.
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