Market Overview:
The global palletizing adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for palletizing adhesives from various end-use industries, such as packaging, shipping, storage, and others. In terms of type, the hot melt palletizing adhesive segment is expected to lead the global market during the forecast period. This can be attributed to its properties such as high bonding strength and resistance against heat and moisture.
Product Definition:
Palletizing adhesive is a type of adhesive that is used to bond pallets together. It is important because it helps to keep the pallets together, which makes them easier to handle and move.
Hot Melt Palletizing Adhesive:
Hot melt palletizing adhesive is a special type of glue that is used to bond the wood or plastic base to the surface on which it is being applied. The product has high bonding strength and durability, due to which it has become one of the most preferred materials for manufacturing pallets.
The global hot melt palletizing adhesive market size was valued at USD 536.1 million in 2016.
Spray Palletizing Adhesive:
Spray palletizing adhesive is a type of hot melt adhesives, which are used for palletizing or temporarily binding the materials to be packed. It is also known as spray adhesion or aerosol-based glue. The product consists of fine solid particles that are combined with a liquid carrier gas in order to form an adhesive dispersion and it can be applied by using either a spray gun or manually operated trigger sprays.
Application Insights:
The packaging segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for packaged food & beverages, electronics, pharmaceuticals and other industrial goods on a global level.
Storage is expected to be one of the fastest-growing segments during the forecast period owing to increased demand for storage facilities at both domestic as well as international levels. In addition, growing e-commerce activities across various countries are further expected to increase product demand in storage applications over the next six years. Other applications include palletizing of inventory items that are not stored on shelves but remain stationary such as heavy machinery or furniture pieces at warehouse locations. Increasing usage rates of these products have led them from being an extra commodity into becoming an essential part of almost every business operation worldwide which is likely to propel their growth rate significantly over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and flourishing manufacturing sector, which has resulted in an increased demand for palletizing adhesives from various industries.
The growing e-commerce industry coupled with rising consumer spending on online shopping is anticipated to further fuel the regional market growth during the forecast period. China, India, Japan, South Korea are some of Asia Pacific’s largest economies that have a high potential for e-commerce delivery services thus resulting in increased demand for packaging materials including labels/stickers & tapes etc., thereby driving product consumption across these countries.
Growth Factors:
- Increasing demand for palletizing adhesive from end-use industries such as automotive, construction, and packaging is expected to drive the market growth.
- Rising demand for lightweight and durable pallets is also anticipated to fuel the market growth over the forecast period.
- Growing popularity of automated palletizing systems is projected to boost the demand for palletizing adhesive in near future.
- Stringent government regulations pertaining to environmental protection are likely to propel the market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Palletizing Adhesive Market Research Report
By Type
Hot Melt Palletizing Adhesive, Spray Palletizing Adhesive
By Application
Palletizing, Packaging, Shipping, Storage, Other
By Companies
3M, Pacific Adhesives, Berry Global, Henkel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Palletizing Adhesive Market Report Segments:
The global Palletizing Adhesive market is segmented on the basis of:
Types
Hot Melt Palletizing Adhesive, Spray Palletizing Adhesive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Palletizing, Packaging, Shipping, Storage, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Pacific Adhesives
- Berry Global
- Henkel
Highlights of The Palletizing Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Melt Palletizing Adhesive
- Spray Palletizing Adhesive
- By Application:
- Palletizing
- Packaging
- Shipping
- Storage
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Palletizing Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Palletizing adhesive is a process of packaging goods by stacking them on wooden pallets. The pallets are then covered in plastic and shipped to their final destination.
Some of the major players in the palletizing adhesive market are 3M, Pacific Adhesives, Berry Global, Henkel.
The palletizing adhesive market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Palletizing Adhesive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Palletizing Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Palletizing Adhesive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Palletizing Adhesive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Palletizing Adhesive Market Size & Forecast, 2018-2028
4.5.1 Palletizing Adhesive Market Size and Y-o-Y Growth
4.5.2 Palletizing Adhesive Market Absolute $ Opportunity
Chapter 5 Global Palletizing Adhesive Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Palletizing Adhesive Market Size Forecast by Type
5.2.1 Hot Melt Palletizing Adhesive
5.2.2 Spray Palletizing Adhesive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Palletizing Adhesive Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Palletizing Adhesive Market Size Forecast by Applications
6.2.1 Palletizing
6.2.2 Packaging
6.2.3 Shipping
6.2.4 Storage
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Palletizing Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Palletizing Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Palletizing Adhesive Analysis and Forecast
9.1 Introduction
9.2 North America Palletizing Adhesive Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Palletizing Adhesive Market Size Forecast by Type
9.6.1 Hot Melt Palletizing Adhesive
9.6.2 Spray Palletizing Adhesive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Palletizing Adhesive Market Size Forecast by Applications
9.10.1 Palletizing
9.10.2 Packaging
9.10.3 Shipping
9.10.4 Storage
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Palletizing Adhesive Analysis and Forecast
10.1 Introduction
10.2 Europe Palletizing Adhesive Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Palletizing Adhesive Market Size Forecast by Type
10.6.1 Hot Melt Palletizing Adhesive
10.6.2 Spray Palletizing Adhesive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Palletizing Adhesive Market Size Forecast by Applications
10.10.1 Palletizing
10.10.2 Packaging
10.10.3 Shipping
10.10.4 Storage
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Palletizing Adhesive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Palletizing Adhesive Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Palletizing Adhesive Market Size Forecast by Type
11.6.1 Hot Melt Palletizing Adhesive
11.6.2 Spray Palletizing Adhesive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Palletizing Adhesive Market Size Forecast by Applications
11.10.1 Palletizing
11.10.2 Packaging
11.10.3 Shipping
11.10.4 Storage
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Palletizing Adhesive Analysis and Forecast
12.1 Introduction
12.2 Latin America Palletizing Adhesive Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Palletizing Adhesive Market Size Forecast by Type
12.6.1 Hot Melt Palletizing Adhesive
12.6.2 Spray Palletizing Adhesive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Palletizing Adhesive Market Size Forecast by Applications
12.10.1 Palletizing
12.10.2 Packaging
12.10.3 Shipping
12.10.4 Storage
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Palletizing Adhesive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Palletizing Adhesive Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Palletizing Adhesive Market Size Forecast by Type
13.6.1 Hot Melt Palletizing Adhesive
13.6.2 Spray Palletizing Adhesive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Palletizing Adhesive Market Size Forecast by Applications
13.10.1 Palletizing
13.10.2 Packaging
13.10.3 Shipping
13.10.4 Storage
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Palletizing Adhesive Market: Competitive Dashboard
14.2 Global Palletizing Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Pacific Adhesives
14.3.3 Berry Global
14.3.4 Henkel
