Packaging Adhesives Market to cross $17,137.4 million by 2030

Adhesives are highly required for the packaging of various materials; the application of the packaging adhesives varies depending on the product requirement. It results in a wide range of packaging adhesives solutions offered in the market to cater to the requirement and facilitate fast bonding and enhanced efficiency. Consumers seek on-the-go print and packaging solutions along with sustainability, and these adhesives do just that. Manufacturers are moving toward suppliers for a better understanding of the consumers’ needs regarding packaging challenges.

The packaging adhesives market is projected to reach $17,137.4 million by 2030. The expansion in the e-commerce sector leads to an increase in packaging requirements more than ever. Companies are looking for sustainable adhesive solutions for the packaging of products, such adhesive solutions must be durable, and secure. The adhesives must be easy to apply for reliable bonding.

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Moreover, COVID-19 increased the demand for packaging adhesives as a large number of people working in urban areas fled back to their hometowns due to the shutdown of industries and work from home provided by numerous companies. The shifting on the large scale to their hometowns required mass packaging adhesives to cater to the needs.

Packaging adhesives are widely used in the food industry. The increase in online food delivery and grocery shopping with the surge in platforms such as Big Basket, Blinkit, Zepto, Zomato, and Swiggy has resulted in an increased demand for packaging adhesives. Moreover, the expansion of the packaged food industry led by food security regulations and consumers believing packaged food products are more hygienic, resulted in a surge in requirement of the packaged food products.

The application process for each type of adhesives may vary, for example, the water-based glue comes with wheel, nozzle, and window patching applications. Moreover, the hot metal adhesives simplify the manufacturing processes by facilitating secure seals and faster bonding. In addition, the fast-curing packaging sealants also offer flexibility and reliability for the packaging of various materials.

The hot melt adhesives cater to the demand of the end-of-line packaging, folding cartons, container, and beverage labeling labeling, and metal packaging applications These adhesives are highly suitable for extreme environmental conditions such as high heat environments to freezing temperatures, holding them firmly.

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In addition, the water-based adhesives are suitable for labeling applications, including plastic, glass, and metal substrates. Moreover, the consumer goods adhesives facilitate flexible packaging applications, from sterilized foods to snacks and drinks and more.

Metal packaging is used for products such as aluminum cans or tin-plate cans, in the form of food-grade sealants and food-safe internal coatings. The application of coating materials on internal as well as external surfaces prevents corrosion and interaction between the contents inside and metal, as well as allows printing of graphics on the exterior of the can products along with the proper adhesion of sealing compounds. Therefore, the packaged food industry contributes to the increasing requirement for packaging adhesives.

SOURCE: P&S Intelligence