Packaging is a huge user of adhesives and dispensing solutions.
Packaging functions not only as protection and storage but also enables easy transportation, while making the product visually appealing. Manufacturers are constantly innovating, choosing solutions to protect product quality and assure safety of the product.
Adhesives play a pivotal role in construction and application of most packaging formats. From modern dispersion adhesives for film lamination to reactive hot melts for bonding folding boxes.
Consumers are demanding more and more from the packages they purchase. Increasing use of packaging adhesives in folding cartons, case & cartons, transportation, food & beverages and labeling – is a major factor driving growth of the global packaging adhesives market. Increasing awareness regarding ecofriendly packaging is also driving demand in the global packaging adhesives market.
The global packaging adhesives market is valued at approximately U,S, $7,263.4 million in 2017. Furthermore, it is projected to register a CAGR of over 5% in terms of value during the forecast period 2017–2026. The first five-year cumulative revenue (2017–2021) is projected to be U.S. $40,237.5 million, which is expected to increase rather significantly over the latter part of the five-year forecast period.
MatDispens is India’s leading trade show of Industrial Adhesives, Sealants and equipment related to their application. It will offer viable solutions that are cost effective and scalable in terms of productivity. It will take place at Bombay Exhibition Centre from 14 – 16 November, 2019.