Europe Packaging Adhesives & Sealants Market - Focused Insights 2023-2028

The Europe packaging adhesives & sealants market was valued at USD 8.85 billion in 2022 and is expected to reach USD 12.96 billion by 2028, growing at a CAGR of 6.57% during the forecast period. Technological advancements and R&D activities across the electrical and electronics market increase European markets' demand for consumer goods, home appliances, and packaging applications. Moreover, rising demand for convenience food and the increasingly busy lifestyle of working people increases the demand for packaging adhesives & sealants. Furthermore, rising consumer spending on personal care and cosmetics drives the demand for packaging adhesives & sealants in Europe during the forecast period.

This report offers market size & forecast data for the packaging adhesives & sealants market in Europe. The revenue generated from the sale of packaging adhesives & sealants is included in the report. This report provides a comprehensive and current market scenario of the European packaging adhesives & sealants, including the Europe packaging adhesives & sealants market size, anticipated market forecast, relevant market segmentations, and industry trends.

Adhesives possess higher tensile and shear strength, making them best for bonding and holding-related applications. Sealants resist the relative movement by filling the gap between two substrates. Packaging adhesives & sealants are used for various paper and plastic packaging applications across all industries. It includes boxes, envelopes, paper retail bags and shipping sacks, sanitary food containers, tubs, cans, drums, blister packaging, aluminum film, foam packaging, pouches, vacuum packaging, etc. The Europe packaging adhesives & sealants market report study considers a detailed scenario of its present dynamics and the forecast period. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market. 

KEY HIGHLIGHTS:

• The Europe packaging adhesives & sealants market is growing significantly due to the rising usage of disposable hygiene products, market shift to water-based adhesives, and increasing demand for high-performance adhesives, adhesive coated tapes, flexible packaging, convenience food, and cosmetics and personal care products.
• Demand for natural/bio-based adhesives & sealants is gaining traction with rising consumer preference for natural ingredients-based packaging adhesives for food & beverage and pharmaceutical drug packaging in the European packaging adhesives & sealants market.
• Henkel, Arkema, Sika, BASF, 3M, and Dow are the leading players in the Europe packaging adhesives & sealants market and have strong market penetration. Vendors such as Scott Bader, H.B. Fuller, Evonik Industries, Dymax Corporation, Jowat, Wacker Chemie, DELO, Munzing Corporation, Ashland, Huntsman Corporation, and others are prominent players in the market with a noteworthy presence.
• There is significant demand for recyclable adhesives from various industries across Europe. This is due to the rising focus on sustainability and the increasing need to reduce the environmental impact of packaging.
• In Europe, various industries are adopting more automated packaging processes. The demand for adhesives compatible with high-speed packaging application systems that ensure reliable and efficient bonding afterward is gaining traction in the European markets.
• Due to rising environmental concerns and governmental regulations over VOC emissions, the demand for less VOC-based adhesives is growing significantly in the region. Water-based adhesives have lower VOC content, so their demand is expected to increase during the forecast period.