Adhesives for global paperboard and packaging industry is expected to reach an estimated value of $16.9 billion in 2018.
The major drivers of the industry are increasing consumer retail industry, improved distribution of food and other packaged items, and penetration of packaging in all industrial products. Increasing demand for flexible packaging for industrial products is likely to boost the packaging adhesives industry. APAC is likely to dominate this industry during forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global adhesives for paperboard and packaging industry by region, and has come up with a comprehensive research report "The Global Adhesives for Paperboard and Packaging Industry 2013-2018: Trend, Profit, and Forecast Analysis." This report provides an analysis of the global adhesives for paperboard and packaging industry including analysis of the market trend, the competitive landscape, mergers and acquisitions, emerging trends, and key drivers of industry growth. The study also includes global trends and forecasts for adhesives for the paperboard and packaging industry through 2018, segmented by four regions such as North America, Europe, Asia Pacific, and Rest of World.
On the basis of its comprehensive research, Lucintel forecasts that adhesives for paperboard and packaging industry will grow moderately during 2013-2018. Henkel AG & Co KGaA, Avery Dennison Corporation, HB Fuller Co., and Eastman Chemical Company are among the major suppliers of adhesives for paperboard and packaging industry. Regular innovation of products is very important for companies to sustain their successful position in the market.
Source: http://www.lucintel.com