The Lamination Adhesives For Flexible Packaging Market Is Used To Manufacture Flexible Packaging Products That Extend Shelf Life And Enhance Product Appeal. These Adhesives Help Laminate Multiple Layers Of Packaging Films Together And Offer Benefits Like Moisture And Gas Barriers. They Are Solvent-Based Or Water-Based And Used To Bond Polyethylene, Polypropylene, And Aluminum Foil Layers. Growing Demand For Flexible Packaging From Food & Beverage And Consumer Goods Industries Is Fueling Market Growth.
The Global Lamination Adhesives For Flexible Packaging Market Is Estimated To Be Valued At US$ 2.88 Bn In 2024 And Is Expected To Exhibit A CAGR Of 12% Over The Forecast Period 2024 To 2030.
Key Takeaways
Key Players Operating In The Lamination Adhesives For Flexible Packaging Are Leica Biosystems Nussloch Gmbh, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck Kgaa, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., Oraclebio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., Nucleai, Inc. The Growing Demand For Flexible Packaging From Food And Beverages Industry Is Fueling The Lamination Adhesives Market. Technological Advancements Like Developing Bio-Based Adhesives Are Further Complementing The Market Growth.
Market Trends
The Lamination Adhesives Market Is Witnessing Trend Of Development Of Bio-Based Adhesives Made From Renewable Resources Like Plant Starches And Fibers. This Is Helping Reduce Dependency On Petroleum-Based Adhesives. Another Key Trend Is Increasing Popularity Of Water-Based Lamination Adhesives Over Solvent-Based Ones Due To Stringent Environmental Regulations Restricting VOC Emissions.
Market Opportunities
Growing Demand For Sustainable Flexible Packaging Solutions In Emerging Nations Presents An Opportunity For Lamination Adhesive Suppliers. Developing Customized Adhesive Solutions For Specialty Flexible Packaging Like Pouch Format Is Another Key Opportunity.
Impact Of COVID-19 On Lamination Adhesives For Flexible Packaging Market Growth
The COVID-19 Pandemic Has Adversely Impacted The Global Lamination Adhesives For Flexible Packaging Market Demand Nationwide Lockdowns Across Many Countries Led To Temporary Closure Of Manufacturing Facilities. This Disrupted Supply Chains And Lowered Production Volumes Amidst Falling Demand From End-Use Industries Such As Food And Beverage And Personal Care. Restrictions On International Trade Flows Further Aggravated The Situation. However, With The Resumption Of Operations Post Lockdowns, The Market Is Witnessing Signs Of Recovery. Demand From The Food Packaging Sector In Particular Has Increased Owing To Heightened Focus On Hygiene And Safety. Looking Ahead, Continued Economic Uncertainties And Potential Future Waves Of Infections Remain Challenges. Companies Will Need To Focus On Supply Chain Resilience, Digital Transformation Initiatives And New Product Development To Accelerate Growth In The Post Pandemic Environment.
Geographical Regions With Highest Consumption Of Lamination Adhesives For Flexible Packaging Market
In Terms Of Value, North America Currently Dominates The Global Lamination Adhesives For Flexible Packaging Market. This Can Be Attributed To High Per Capita Packaging Consumption And Well-Established Food Processing And Personal Care Industries In The Region Which Drives Significant Adhesive Demand. Asia Pacific Is Pegged To Be The Fastest Growing Regional Market During The Forecast Period Supported By Rising Middle-Class Population, Urbanization, And Focus Of Multinational Food Companies On The Developing Asian Economies To Boost Sales. China Represents The Major Consumption Hub Within Asia Pacific Given Its Position As The World's Largest Packaging Market As Well As Manufacturing Base. Europe Is Another Major Regional Flexible Lamination Adhesives Market Backed By Stringent Regulatory Environment Mandating High Performance And Eco-Friendly Adhesive Formulations.
Fastest Growing Regional Market For Lamination Adhesives For Flexible Packaging Market
Asia Pacific Region Is Projected To Be The Fastest Growing Regional Market For Lamination Adhesives For Flexible Packaging During The Forecast Period. This Can Be Attributed To Rising Income Levels And Urban Population Especially In Emerging Economies Such As China, India, Indonesia, And Vietnam. The Expanding Middle Class Demographic In These Countries Is Demanding Convenient, High-Quality Packaged Food And Personal Care Products. This Is Positively Impacting The Flexible Packaging Conversion And Adhesive Consumption. Additionally, Relocation Of Manufacturing Facilities From Developed Regions To Asia Driven By Low-Cost Advantages Is Propelling Regional Adhesive Demand. Furthermore, Growing Environmental Protection Awareness Is Steering Adhesive Makers To Develop More Sustainable Bio-Based And Water-Based Adhesive Technologies Suited For The Asian Markets.
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Lamination Adhesives are a range of coatable adhesives used in the manufacture of laminated plastic cards.
In the report, it mainly contains solvent-based, solvent-free and water-based types.At present, there are many manufacturers in every region and the major manufacturers?
activities of lamination adhesives are Henkel, Bostik, H.B.
Fuller, Ashland, Dow and 3M, etc, with about 36% market shares.Lamination adhesive for flexible packaging downstream is wide, and the major fields are flexible packaging, medical packaging, industrial packaging and others.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-lamination-adhesives-for-flexible-packaging-2021-2027-38 Lamination adhesive for flexible packaging has three types, which include water based lamination adhesives, solvent based lamination adhesives and solvent-free lamination adhesives.
Market Analysis and Insights: Global Lamination Adhesives for Flexible Packaging MarketIn 2020, the global Lamination Adhesives for Flexible Packaging market size was US$ 3499 million and it is expected to reach US$ 4676.8 million by the end of 2027, with a CAGR of 4.4% during 2021-2027.Global Lamination Adhesives for Flexible Packaging Scope and Market SizeLamination Adhesives for Flexible Packaging market is segmented by region, by country, company, type, application and by sales channels.
The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Flexible Packaging Adhesives market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Flexible Packaging Adhesives market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Flexible Packaging Adhesives market is segmented into:Water-BasedSolvent BasedHot MeltReactiveOtherDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/61323/global-united-states-flexible-packaging-adhesives-2026-359Segment by Application, the Flexible Packaging Adhesives market is segmented into:Food PackagingMedical PackagingCosmetics (Personal Care)OtherRegional and Country-level Analysis:The Flexible Packaging Adhesives market is analysed and market size information is provided by regions (countries).The key regions covered in the Flexible Packaging Adhesives market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Flexible Packaging Adhesives Market Share Analysis:Flexible Packaging Adhesives market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
