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The report covers the global packaging adhesives market and further segments the market on the basis of technology, application, and region. The market data for these types is given with respect to volume kilotons and value $million. The global market value of packaging adhesives is estimated to be $4,902.65 million in 2014 and is projected to grow at a CAGR of about 6.68% between 2014 and 2019. The data mentioned in the report are based on the global demand for packaging adhesives.
The market for global packaging adhesives has been analyzed based on the Porter's five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers, adhesives manufacturers, and enduser industries. The value chain describes the key contributors to the entire packaging adhesives market at different stages from product development to end use. It represents the top players which are contributing to the global packaging adhesives industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support, public awareness, application growth for packaging adhesives market. Report highlights drivers for AsiaPacific especially in China and India where there is robust growth in the food and beverage packaging followed by infrastructural developments in the country. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the packaging adhesives in the past made the market more strained for the end use applications.
The global packaging adhesives market is also classified based on different applications. The important applications include Case Carton,Corrugated Packaging, Labeling, Bags, Folding Cartons, Specialty Packaging, and Others. The folding cartons applications are expected to show high growth in the future.
The key companies in this market are Henkel Germany, HB Fuller U.S., Bostik France, Paramelt The Netherlands, and Bostik Europe, These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. Expansion and new product launches were the most preferred strategies by the top players in 2013 that were driving the demand of packaging adhesives. Their strategy to capture the untapped market in developing economies includes acqusitions, and joint ventures.
The AsiaPacific region emerged to be the driving factor for this market, this region will grow with high CAGR. China is the leading country in the consumption of packaging adhesives, due to the increased demand from end user industry. The important emerging economies such as Brazil, India, Russia, and others are further lined up for a brighter future in this market.
The report also presents a competitive landscape covering different strategies and developments such as mergers acquisitions, investments and expansions, new product launches, agreements and collaborations undertaken by the leading packaging adhesives companies in the past few years. Furthermore, different packaging adhesives market participants are also profiled in the report.
Scope of the report
The global packaging adhesives market has been covered in detail in this report. In order to provide an allround picture, the current market demand and forecasts have also been included. The global packaging adhesives market is segment as follows:
On the basis of technology:
On the basis of application:
On the basis of region:
The market is further analyzed for key countries in each of these regions.
Original Article: Packaging Adhesives Market by Technology Water Based, Solvent Based, HotMelt Based, Others, by Application Case Carton,Corrugated Packaging, Labeling, Bags, Folding Cartons, Specialty Packaging, and Others Global Forecasts to 2019 Prices from USD $5650NEXT ARTICLE
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