The global Adhesive Films Market is set to gain a valuation of USD 19.1 billion in 2023 and is projected to showcase growth at a CAGR of 4.6% between 2023 and 2033. The market is likely to reach USD 29.8 billion by 2033. Top 3 countries operating in the global market are expected to hold around 20% to 25% of share by 2023.
Handheld adhesive films are considered to be one of the most commonly used pump type owing to their numerous benefits such as small packaging size and convenience in terms of storage. The handheld segment is hence anticipated to register a CAGR of 4.6% during the forecast period.
A research study published by Future Market Insights states that the adhesive films industry generated a revenue of around USD 18.1 billion in 2022. Considering the skyrocketing demand for beauty and personal care products, the global adhesive films industry is estimated to create an incremental growth opportunity of USD 11.7 billion throughout the estimated time frame.
Over the course of the projected period, the market for adhesive films is also anticipated to rise at a profitable rate. The market for adhesive films is anticipated to increase due to the high demand for packaged food and beverages. The market for adhesive films is expected to expand 1.6 times its current value over the projected period as a result of the aforementioned causes.
Demand for adhesive films made of polypropylene is expected to surge in the next ten years. Polypropylene is considered to be cost-effective and versatile, unlike other polyolefin and thermo-forming materials. Polypropylene is also highly resistant to a wide range of solvent and acid solutions with a temperature range of nearly 212 degree Fahrenheit.
High demand for self-adhesive tapes is another crucial factor that would bolster adhesive films sales in the forecast period. Expansion of the pharmaceutical industry and increasing investments by key players in development of their e-commerce platforms would propel demand for self-adhesive tapes in the next ten years.
| Attributes | Key Insights |
|---|---|
| Adhesive Films Market Estimated Size (2023E) | USD 19.1 billion |
| Projected Market Valuation (2033F) | USD 29.8 billion |
| Value-based CAGR (2023 to 2033) | 4.6% |
| Collective Value Share: Top 3 Countries (2022A) | 20% to 25% |
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The global adhesive films industry witnessed a CAGR of 4.0% during the historical period from 2015 to 2022. The market is estimated to reach a valuation of USD 18.1 billion in 2022 from USD 13.7 billion in 2015.
Adhesive films are widely used as a bonding solution in various end-use industries such as electrical & electronics, automotive, packaging, and building & construction. As a result of their adhesive properties, these provide tamper evidence features, thereby keeping the packaging intact.
Over the next ten years, it is anticipated that the automotive and electronic industries would experience considerable growth. As a result, more machines, motors, wires, and meters will be sold, increasing the demand for sticky films. Sales of adhesive films are also anticipated to be boosted by initiatives taken by various governments to expand energy generation projects and other industrial development projects.
| Market Statistics | Details |
|---|---|
| Jan - Jun (H1), 2021 (A) | 4.0% |
| Jul - Dec (H2), 2022 (A) | 4.6% |
| Jan - Jun (H1),2022 Projected (P) | 4.2% |
| Jan - Jun (H1),2022 Outlook (O) | 4.5% |
| Jul - Dec (H2), 2022 Outlook (O) | 4.8% |
| Jul - Dec (H2), 2022 Projected (P) | 4.4% |
| Jan - Jun (H1), 2023 Projected (P) | 4.9% |
| BPS Change : H1,2022 (O) - H1,2022 (P) | 30 ↑ |
| BPS Change : H1,2022 (O) - H1,2021 (A) | 50 ↑ |
| BPS Change: H2, 2022 (O) - H2, 2022 (P) | 40 ↑ |
| BPS Change: H2, 2022 (O) - H2, 2022 (A) | 20 ↑ |
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High Demand for Lightweight Cars Worldwide to Propel Sales of Sticking Plastic Sheets
Due to economic factors such as easy availability of raw materials, less stringent government regulations, and low transportation costs, key manufacturers producing adhesive films are expanding and shifting their manufacturing activities to emerging economies such as China, India, Indonesia, Taiwan, and the Philippines.
Surging popularity of lightweight cars, as well as expansion of the packaging industry, will also have a beneficial influence on the adhesive films industry.
Expansion of India and China as industrial powerhouses in the construction, packaging, and automotive industries is another vital factor that would accelerate demand. Adhesive films are extremely strong, durable, and chemically resistant. Increasing usage of adhesive films as a replacement to fasteners in car components is projected to reduce the total weight of vehicles.
| Country | USA |
|---|---|
| Market Share (2023) | 19.2% |
| Market Share (2033) | 17.2% |
| Basis Points (BPS) Analysis | -200 |
| Country | China |
|---|---|
| Market Share (2023) | 7.6% |
| Market Share (2033) | 10.1% |
| Basis Points (BPS) Analysis | +250 |
| Country | Japan |
|---|---|
| Market Share (2023) | 5.6% |
| Market Share (2033) | 6.1% |
| Basis Points (BPS) Analysis | +50 |
| Country | India |
|---|---|
| Market Share (2023) | 5.0% |
| Market Share (2033) | 6.3% |
| Basis Points (BPS) Analysis | +130 |
| Country | Canada |
|---|---|
| Market Share (2023) | 4.9% |
| Market Share (2033) | 5.2% |
| Basis Points (BPS) Analysis | +30 |
Sales of Copper Adhesive Films to Skyrocket in Germany Amid Rising Export of Food Products
During the projection period, it is expected that the market for adhesive films in Germany would generate a potential growth opportunity worth USD 552.4 million. Sales of adhesive films are significantly influenced by growth in the food & beverage industry in Germany and rising food imports & exports.
The food & beverage sector is Germany's fourth-largest industry, according to data from Germany Trade and Invest (GTAI). The nation is regarded as the third-largest exporter and importer of agricultural goods and food items. Sales of adhesive films are predicted to increase in Germany as a result of these factors.
Rising Adoption of Flexible Packaging in India to Boost Sales of Adhesive Plastic Wraps
The market for adhesive films in India is expected to surge at a CAGR of 8.1% from 2023 to 2033 as the country's usage of flexible plastic packaging rises. Data from the Federation of Indian Chambers of Commerce & Industry shows that by 2022, per-capita plastic use in India will have climbed to over 20 kg from about 12 kg in 2016.
Hence, it is anticipated that rising plastic preference will boost sales of plastic flexible packaging solutions, particularly sticky films.
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Sales of Sticky Transparent Sheets Made of Bi-axially Oriented Polypropylene to Elevate by 2033
The bi-axially oriented polypropylene (BOPP) segment by material is expected to hold a prominent share in the adhesive films market. The target segment is estimated to hold around 41% of the market value share by 2033 due to its beneficial features such as enhanced barrier properties to oxygen and water vapor, which would attract end-use industries.
Self-sticking Plastic Wraps to be Extensively Utilized by Numerous Tape Manufacturers
The tapes segment by application is estimated to create a growth opportunity of USD 2.9 billion between 2023 and 2033. Increased use of films for different tapes, as well as rising consumption of tapes in numerous industries would propel sales of adhesive films.
Aerospace Segment is Anticipated to Push Demand for Transparent Adhesive Plastic Sheets
The aerospace segment by end use is anticipated to register a CAGR of 7.2% during the forecast period. Increasing preference for flexible packaging solutions in the aerospace industry is estimated to augment adhesive films demand in the next ten years.
Key players in the global adhesive films market are striving to capture a significant share of the market by expanding their presence and product portfolios. These players are focusing on acquisition and product launch strategies to compete with their rivals.
Few of the recent developments by key players are:
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 19.1 billion |
| Projected Market Valuation (2033) | USD 29.8 billion |
| Value-based CAGR (2023 to 2033) | 4.6% |
| Historical Data | 2015 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (USD billion) and Volume (million Sq.m) |
| Segments Covered | Adhesive Type, Material, Thickness, Application, End Use, Region |
| Regions Covered | North America; Latin America; East Asia; South Asia & Pacific; Western Europe; Eastern Europe; Central Asia; Russia & Belarus; Balkan Countries; Baltic Countries; Middle East and Africa |
| Key Countries Covered | USA, Canada, Mexico, Brazil, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, Australia & New Zealand, Gulf Cooperation Council Countries, South Africa |
| Key Companies Profiled | 3M Company; Avery Dennison Corporation; Klöckner Pentaplast; Irplast S.P.A; Cosmo Films; Ecoplast Ltd.; Nitto Denko Corp; Adhesive Films, Inc.; Grafix Plastics; Shenzhen Sun Tone New Material Co., Ltd.; Hexis S.A.S; Presto Tape; Unite Glass; American Polyfilm, Inc.; Donlee New Materials Technology Inc.; Schweitzer-Mauduit International, Inc. (Mativ Holdings); Zhejiang Deyang Adhesive Products Co., Ltd; Merck KGaA; Porvair Science Ltd. (Porvair plc); Corning, Inc.; Brand GmbH & Co KG; Eppendorf AG; Excel Scientific, Inc.; Bio-Rad Laboratories, Inc.; Toyochem Co., Ltd.; Toray Industries, Inc.; LINTEC Corp.; ORAFOL Europe GmbH |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
The global adhesive films market is valued at USD 19.1 billion in 2023.
The global adhesive films market is set to register a 4.6% CAGR from 2023 and 2033.
The prime share in the adhesive films market is held by the Asia Pacific region.
Given its speedy industrialization, China is the rapidly growing adhesive films market in the world.
The prominent application segment within the adhesive films market is tapes.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2015 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Adhesive Type 5.1. Acrylic 5.2. Rubber 5.3. Water Based 5.4. Oil Based 5.5. Silicone 6. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Material 6.1. Biaxially Oriented Polypropylene (BOPP) 6.2. Polyethylene (PE) 6.3. Polyvinyl Chloride (PVC) 6.4. Polyamide (PA) 6.5. Others (PET, EVOH) 7. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Thickness 7.1. Up to 50 µm 7.2. 51 to 100 µm 7.3. 101 to 200 µm 7.4. Above 200 µm 8. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Application 8.1. Labels 8.2. Tapes 8.3. Envelopes 8.4. Bags & Pouches 8.5. Graphic Films 8.6. Specialty Films 8.7. Surface Protection Films 8.8. Non-Conductive Films 9. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By End Use 9.1. Electrical & Electronics 9.1.1. Electronic Panels 9.1.2. Electrical Appliances 9.1.3. Semiconductors 9.2. Building & Construction 9.2.1. Windows 9.2.2. Ceilings & Walls 9.3. Aerospace 9.3.1. Aircraft Components 9.3.2. Satellites 9.4. Automotive 9.5. Packaging 9.6. Transportation 9.7. Others (Signage, Medical) 10. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. East Asia 10.4. South Asia & Pacific 10.5. Western Europe 10.6. Eastern Europe 10.7. Central Asia 10.8. Russia & Belarus 10.9. Balkan Countries 10.10. Baltic Countries 10.11. Middle East and Africa 11. North America Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia & Pacific Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 15. Western Europe Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 16. Eastern Europe Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 17. Central Asia Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 18. Russia & Belarus Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 19. Balkan Countries Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 20. Baltic Countries Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 21. Middle East & Africa Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Country 22. Country wise Market Analysis 23. Market Structure Analysis 24. Competition Analysis 24.1. 3M Company 24.2. Avery Dennison Corporation 24.3. Klöckner Pentaplast 24.4. Irplast S.P.A 24.5. Cosmo Films 24.6. Ecoplast Ltd. 24.7. Nitto Denko Corp 24.8. Adhesive Films, Inc. 24.9. Grafix Plastics 24.10. Shenzhen Sun Tone New Material Co., Ltd. 24.11. Hexis S.A.S 24.12. Presto Tape 24.13. Unite Glass 24.14. American Polyfilm, Inc. 24.15. Donlee New Materials Technology Inc. 24.16. Schweitzer-Mauduit International, Inc. (Mativ Holdings) 24.17. Zhejiang Deyang Adhesive Products Co., Ltd 24.18. Merck KGaA 24.19. Porvair Science Ltd. (Polvair plc) 24.20. Corning, Inc. 24.21. Brand GmbH & Co KG 24.22. Eppendorf AG 24.23. Excel Scientific, Inc. 24.24. Bio-Rad Laboratories, Inc. 24.25. Toyochem Co., Ltd. 24.26. Toray Industries, Inc. 24.27. LINTEC Corp. 24.28. ORAFOL Europe GmbH 25. Assumptions and Acronyms Used 26. Research Methodology
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Adhesive Films Market
