Packaging adhesives are heavily used in packaging applications in the food and beverage industry. Furthermore, the increasing consumer awareness regarding food hygiene and health has massively increased the requirement of maintaining the shelf lifespan or freshness of packaged foods. “As per the estimates of All4Pack Paris, the sales of food packaging materials to various food and beverage companies generated $273.9 billion revenue in 2017 and this number is predicted to rise to $356.7 billion in 2023”. Furthermore, the increasing travel activities and adoption of busier lifestyles have pushed the demand for packaged food items across the world.



Besides the above-mentioned factors, the increasing popularity of e-commerce and online home deliveries is also causing a sharp rise in the requirement of packaging adhesives all over the world. Hence, with the growing sales of packaged food items and the ballooning popularity of online shopping, “the global packaging adhesives market will grow, in value, from $10,426.9 million to $17,137.4 million from 2019 to 2030”. The market will also register a CAGR of 4.6% from 2020 to 2030, as per the predictions of the market research company, P&S Intelligence.


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Speaking of the type of resins, rubber, acrylic, polyamide (PA), polyvinyl acetate (PVA), ethyl vinyl acetate (EVA), and polyurethane (PU) are the most common types of resins used in packaging adhesives across the world. Out of these, “the usage of the acrylic resin was observed to be the highest in the past”. Additionally, the demand for this acrylic is predicted to be the highest in the coming years. This is attributed to the various advantages offered by the acrylic adhesives over the other types of adhesives such as high peel and shear strength, tensile strength, and impact and shock resistance.

Geographically, Far East region held the largest revenue share in 2019. This is majorly attributed to the high-volume consumption from end-use industries, including food & beverage, consumer goods, personal care, and e-commerce in China. Furthermore, e-commerce industry in China and Japan have garnered a rapid pace, owing to ease of convenience offered through direct delivery to homes. With the increase in online shopping activities, the market holds a strong growth potential, owing to their requirement for corrugated boxes and cartons for delivery of goods.