Cohesive Packaging Market Demand, Size, Share, Innovation and Industry Trends 2032

ByNiranjan karde

The global cohesive packaging market showed promising growth in 2022, with sales reaching approximately US$ 1.5 billion. Future Market Insights (FMI) projects a strong upward trajectory for the market, anticipating a Compound Annual Growth Rate (CAGR) of 6.6% between 2022 and 2032. This growth is expected to drive the cohesive packaging market to a valuation of US$ 2.8 billion by 2032.

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FMI’s analysis highlights paper cohesive packaging as the leading choice among materials, with an estimated market share of nearly 58.6% by 2032. In the paper & paperboard segment of the cohesive packaging market, revenues experienced robust growth at 4.7% year-over-year in 2021. Plastic cohesive packaging also saw demand rise, with a 3.1% increase in sales between 2020 and 2021.

In the United States, the cohesive packaging market performed well in 2021, registering a year-on-year growth of 3.6% and achieving total sales of US$ 322 million, further underscoring the market’s significance and potential for expansion.

Key Takeaways

  • Paper and paperboard based cohesive packaging is expected to accounted for 2/3rd of sales during the assessment period 2022-2032.
  • Based on packaging format, envelops are the most preferred, estimated to create an incremental opportunity of US$ 777 Mn in 2032.
  • In terms of end-use, the institutes or commercial channels is expected to increase at high pace, during the forecast period.
  • Europe is estimated to remain mature market with 28% market share in the global cohesive packaging market.
  • North America, South Asia, and East Asia are expected to create growth opportunities for the manufacturers in coming decade.

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Global Cohesive Packaging Market by Category

By Material Type:

  • Paper & Paperboard
  • Plastic
  • Foam

By Packaging Format:

  • Envelopes
  • Mailing Bags
  • Wraps
  • Others

By End Use:

  • Institutional/Commercial
  • Household

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania