The sales of cohesive packaging across the globe are projected to be valued at USD 1.6 billion in 2024. The industry is poised to expand at a CAGR of 2.8% between 2024 and 2034. The sales of cohesive packages are expected to reach USD 2.1 billion in 2034. Revenue generated by the industry in 2019 was USD 1.4 billion and the market is likely poised to experience a Y-o-Y growth of 2.7% in 2024.
The packaging sector today experiencing burgeoning growth due to growing industrialization and trade. The growth of e-commerce, electronics and FMCG has further fueled the advancement in the packaging industry. Cohesive packaging solutions are substances that offer protection for packed products against erosion, vibration and destruction.
These solutions such as bubbles and foams offer good surface protection during the transportation of goods. Products such as electronics and other household goods are vulnerable to various physical and environmental hazards and adding cohesive packages into it will offer exceptional protection from them.
Global Cohesive Packaging Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 1.5 billion |
| Estimated Size, 2024 | USD 1.6 billion |
| Projected Size, 2034 | USD 2.1 billion |
| Value-based CAGR (2024 to 2034) | 2.8% |
Paper and paper board-based cohesive packages are expected to dominate the global cohesive packaging market and are poised to acquire more than 50% of the overall market in 2024. This is because the growing sustainability demand across various industries surges the demand for more sustainable and eco-friendly solutions.
Paper and paper board-based materials are good in this regard and are expected to expand considerably during the forecast period. Being recyclable-friendly, paper-based cohesive packages adhere to the growing market dynamics. The adoption of a particular packaging solution is largely based on consumer perception towards it.
Manufacturers are doing extensive research on it and adopting the most adhered solutions for it. Paper and paper board-based solutions offer good protection along with their sustainable nature positively influencing the market. Plastic-based solutions are growing considerably in the market. Manufacturers are investing largely to adhere to the growing regulatory framework.
Consumers are mostly consuming wrapping solutions in the context of global cohesive packaging sales. It is expected that the same is expected to acquire more than 2/5th of the value share in 2024. Wrapping solutions are best for temper-evident solutions. Products that are costly need additional protection against tempering and counterfeiting during transportation and sales.
Cohesive wraps are a prominent choice for this. These wraps are wrapped over the package and act as a possible barrier solution for the package. Manufacturers are offering wrapping solutions not only for the protection of packages but also for possible branding opportunities.
Wrappers protect the products from various physical factors, especially during transportation and other situations. Wrappers can be used in a variety of packaging solutions and they do not depend on the shape of the package. Envelopes and mailing bags are also experiencing substantial growth in the current market. Their limited specific applications limit the widespread adoption.
Industrial sectors consume nearly 90% of the global cohesive packages in 2024. Industrial sectors need more convenient and protective packaging solutions, especially during transportation. During shipping, electronics and valuable documents need to be packed in a way that protects the overall products from possible external hazards.
Cohesive packages are the best possible solutions for this and are expected to dominate the market during the forecast period. Manufacturers are seeking advancement in their product offering and offer good adhesive properties to ensure possible protection from various hazards.
The growth of e-commerce during the pandemic has expanded considerably across the globe. Today, consumers are sending expensive goods not only domestically but also internationally catering to strict regulatory standards. Cohesive packaging solutions are the best possible way to mitigate this and offer stability in the overall solutions.
The cohesive packaging sector across the globe is experiencing attractive growth during the forecast period and is expected to generate an incremental opportunity of USD 544.4 million by 2034. The market is expected to expand 1.3 times in the same period.
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The table provided below presents the poised CAGR for global cohesive packaging market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 3.1%, followed by a lower growth rate of 2.7% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 3.1% (2023 to 2033) |
| H2 | 2.7% (2023 to 2033) |
| H1 | 2.8% (2024 to 2034) |
| H2 | 3.0% (2024 to 2034) |
Moving in the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 2.8% and remain relatively stagnant at 3.0% in the second half. In the first half (H1), the market witness a decline of 40 BPS while in the second half (H2) the market expected to witness an increase of 20 BPS.
Advancing E-commerce Market Needing Protective Packaging Solutions
E-commerce sectors have been experiencing rapid growth since the pandemic. Studies have shown that the e-commerce market offers consumers a system that encourages them to buy products conveniently at any place and at any time. The affordability factor and availability of diverse products further increase the adoption in the global market.
However, consumers’ dissatisfaction and seeking returns and refunds are also prominent in the market largely due to the sale of wrong products, counterfeited products, damaged products, and loss of products during shipping. These issues not only harm the industry but also waste the consumer's time.
Today, a large section of consumers are still reluctant or afraid to buy expensive items through e-commerce mode due to possible hazards. The e-commerce industry has started seeking potential remedies for these hazards and has started adopting cohesive packaging solutions such as wraps, foams and other paper and plastic solutions to mitigate the hazard.
Cohesive packages offer good protection against abrasion, damage and vibration during the entire period from packing to unpacking. The cost-effectiveness and adherence to sustainability have attracted many consumers in the current market and see the same during the forecast period.
E-commerce sectors are adopting wraps with adhesive properties not only to protect their goods but also to enable possible branding. Manufacturers can enhance consumer satisfaction by investing in research and development and by improving the overall quality of the solutions.
Rise in Focus on Brand Image Affects the Sales of Cohesive Packages Positively
Today prominent consumers of packaging solutions are considering these solutions not only a medium for protecting their products, especially during transportation or storage, but also a method to increase their brand image across the industry. Packages are the best medium to promote their brand and convey the product quality and integrity to end users.
Studies reported that the buying mentality of a consumer is majorly influenced by the efficiency in packaging and aesthetic appeal of the package irrespective of the quality of the products inside it. Today, prominent end users of packaging seeking packaging systems that reduce the processing time and limit the efforts that are needed for packing.
Growing social media unboxing culture has led the end users to make more effective and aesthetically appealing packaging solutions to enhance overall efficacy. Manufacturers are seeking solutions that enhance the overall packaging experience and improve brand growth in the industry.
Growing sustainability and recyclability have prominent effects in the consumer end and it has been a prominent factor while seeking effective packaging solutions. Paper and paper board-based solutions are hence prominently observed in the market and are expected to witness the same during the forecast period as well.
Manufacturers can increase the adoption of these solutions to adhere to the growing sustainable practice and growing branding opportunities.
Electronics and Mailers Market are Seeking Cohesive Packages to Increase Efficiency
The cohesive packaging market is experiencing advancement in the electronic sectors and mailers or shipping / supply chain market. The same is expected to be witnessed during the forecast period as well. Electronic products are costly and need effective packaging solutions, especially during transport.
Due to packaging failure, electronic items lose their integrity and quality leading to possible damage to both manufacturer and end users. Cohesive packages are the best tool to protect the packages from these hazards as they offer added protection from physical hazards during transportation and storage. E-commerce industries are among others which highly need these solutions to cater to increased adoption in the market.
Supply chain sectors especially shipping of documents and other related items need effective solutions to protect their integrity during the entire period of shipping. Ineffective packaging in this sector leads to tampering or damaging of the products which in turn affect the market permanently.
Cohesive packaging solutions are effective solutions to mitigate these issues effectively and act as the best possible solution to protect the solution during the entire period of transit. Manufacturers can adopt technological advancement and innovation to enhance the quality and efficiency of the overall product.
Moisture Sensitivity of Paper Based Cohesive Packaging Hamper the Market
Cohesive packaging is becoming a crucial factor in many industries. However, paper-based cohesive packages are getting opted out in many industries due to their inability to protect the products against moisture. Moisture-sensitive products such as electronic items and other related products need to be stored in an environment that is capable of resisting the contact of these substances with the product.
This will impact the overall packaging efficiency and may cause consumer dissatisfaction. Wraps and other packaging solutions in cohesive packaging systems may lose their adhesive property and lead to permanent damage to the package and this will affect the overall packaging negatively.
Manufacturers can adopt various techniques to mitigate the issues effectively. These include water-resistant coating and adhesive solutions in the paper-based cohesive packages.
Principal Consultant
The global market of cohesive packaging has recorded a CAGR of 2.4% during the historical period i.e., 2019 to 2023. The market recorded a value of USD 1.4 billion in 2019 and has positively reached USD 1.5 billion in 2023.
Cohesive packages are specialized packaging materials that encompass various cohesive properties. These products show adhesive properties when applying pressure and do not stick permanently over the packaging or products that are included in the container.
Today, multiple industries and end users with homely use purposes are adopting these packaging solutions. Prominent industries such as e-commerce and logistics have started adopted cohesive packaging solutions rapidly. It is expected that the market will witness burgeoning growth during the forecast period and is expected to become a crucial factor in multiple industries in the future.
Manufacturers are adopting sustainable practices and material advancement to adhere to the growing sustainable practices and efficiency in the industry.
The cohesive packaging market in terms of material, paper and paper board-based cohesive packages experiencing burgeoning adoption during the forecast period. It is expected that the same is expected to advance with a CAGR of 2.2% during the forecast period. Paper is a sustainable choice and has high recyclability, getting traction in the market in the current and forecast period.
The versatility of paper solutions further increases the adoption in the market. Other materials such as plastic and foam-based solutions also get considerable traction during the forecast period. Plastic solution is prominent in packaging that needs protection from moisture and other external hazards.
The increasing sustainable practice in the industry hampers the heightened adoption. Foam-based solutions are prominent in premium packaging solutions and are getting huge traction in the market.
Foam packaging solutions are available in diverse packaging formats. These include envelopes, mailing bags, wraps and other packaging solutions. The wraps are expected to lead the market in 2024 and are poised to experience a CAGR of 2.4% between 2024 and 2034.
The considerable adoption is because these solutions offer protection and stability against various hazards during the transportation and storage of various products. Also, end users are adopting these solutions to offer possible branding to the products. Wrappers are highly adaptable to any shape and size.
This property of wrappers helps the end users to adapt to multiple end uses. Manufacturers are adopting cutting-edge solutions to cater for growing regulatory requirements and end-user perceptions.
Envelopes and mailer bags are getting huge traction in the market and are expected to experience considerable growth during the forecast period as these solutions are crucial to offering protection against possible physical hazards during transportation.
Industrial sectors are the prominent end users in the cohesive packaging market. The same is expected to grow with a CAGR of 2.7% during the forecast period. Prominent industries including E-commerce, electronics and pharmaceuticals are adopting these packaging solutions to adhere to the regulatory standards, provide protection and grow emphasis on branding.
Electronic products are expensive and highly susceptible to various external hazards which include both physical and environmental hazards. An effective solution that addresses the issue effectively is needed to ensure stability in the overall process.
It is expected that the market will expand considerably during the forecast period due to growing urbanization and economic advancement. Household uses are also gaining huge traction in the market. Manufacturers can adopt solutions that adhere to the specific requirements of the industry.
Regionally, North America including the USA and Canada expected to acquire 23.1% of the market in 2024. In terms of the growth rate South Asia and Pacific regions take the lead during the forecast period. It is expected that the market will experience considerable growth in the current and forecast period.
This is because growing economic advancement, industrial emergence and the largest consumer presence drive the demand for possible solutions for the packaging of products with the utmost protection. Europe region experiences stagnant growth due to economic saturation and growing political complexity. Manufacturers can focus on specific regions that open stability and consistency in the market.
Tier 1 companies encompass the market leaders with market revenue exceeding USD 70 million acquiring a cumulative market share of 20 to 25% of the global market. These market players are characterized by their high production capacity and strict focus on the development of innovative and efficient cohesive packaging products.
Furthermore, these market leaders are known for their substantial competence in manufacturing across multiple products, applications, and wider distribution networks across multiple regions and countries with a strong consumer presence.
These manufacturers are continuously involved in the investment in the development of novel products and continuously updating existing products with the latest industrial standards. Prominent companies within Tier 1 include Pregis Corporation, Sealed Air Corporation, Intertape Polymer Group (IPG), Smurfit Kappa Group, Sonoco Products Company, Berry Global, Inc., and Mondi Group.
Tier 2 companies include mid-sized players with revenue of USD 20 to 70 million having a strong foothold in specific regions and also have selected international presence. These manufacturers offer cohesive packaging for multiple end-use but may not be used in specialized applications.
These players lack diversity in product portfolio and advanced technology offerings. Considering Tier 1 companies, Tier 2 companies will have lower global reach and lesser investment in the research and development for the development of novel products.
Prominent players in Tier 2 include 3M Company, DS Smith Plc, WestRock Company, Mondi Group Plc, Cenveo Worldwide Limited, Bong Group, Capital Envelopes LLC, Polypak Packaging, and others.
Tier 3 includes the small-scale companies or startups operating at the local presence and serving niche markets having revenue below USD 20 million. These manufacturers mainly focus on fulfilling local market demands and hence are characterized by Tier 3 companies.
They are small-scale players and have limited geographical reach. Tier 3, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
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The contents below cover the industry analysis for the cohesive packaging market for multiple countries. Market demand analysis on key countries in multiple regions of the globe including North America, Latin America, East Asia, Western Europe and others are provided.
The United States is anticipated to be the leader in the North American Cohesive Packaging industry and is expected to grow with a CAGR of 1.8% during the forecast period. In Europe, Germany is anticipated to lead the market in terms of market share expected to grow with a CAGR of 0.5% during the forecast period.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 1.8% |
| Canada | 2.1% |
| Germany | 0.5% |
| UK | 1.4% |
| France | 0.9% |
| Italy | 2.7% |
| Russia | 2.4% |
| China | 3.8% |
| Japan | 0.5% |
| India | 5.8% |
| ASEAN | 5.4% |
| Australia | 3.5% |
The cohesive packaging market is poised to experience substantial growth in the East Asian market. China is the prominent market leader in the region and is expected to grow at a CAGR of 3.8% during the forecast period.
International Trade Administration USA Department of Commerce Stated that since 2020, the E-commerce market in China experiencing substantial growth during the forecast period. The report stated that China acquired 30% of the market share of the overall e-commerce market.
China’s burgeoning e-commerce growth has a substantial effect on the overall growth of the cohesive packaging market and is expected to acquire a considerable share during the forecast period. E-commerce packages need protective solutions during the transportation process which ensure stability in the overall process.
Ineffective packaging leads to possible damage to the products which creates dissatisfaction from the consumer side. Manufacturers can adopt possible solutions to adhere to the growing packaging needs.
India being the top economic hub in South Asia and the Pacific is one of the prominent markets in the global cohesive packaging market. The market is expected to grow at a CAGR of 5.8% during the forecast period.
India Brand Equity Foundation reported that India is experiencing substantial growth during the forecast period. India achieved USD 101 billion in revenue from revenue electronic production and sales between 2022 and 2023. The substantial growth in revenue generation creates possible opportunities for the cohesive packaging market in India.
Cohesive packages are one of the key factors for electronic products during storage and transportation. These products are expected to generate substantial growth during the current and forecast period. India’s products are affordable and are good in quality which attracts cost-conscious consumers both domestically and internationally.
Manufacturers can adopt advancements in the cohesive packaging offering to ensure quality and consumer satisfaction.
The USA market for cohesive packaging is expected to grow at a CAGR of 1.8% during the forecast period. The USA being the prominent economic hub for both industrial and technology is expected to be one of the attractive regions for the prominent manufacturers of cohesive packaging.
The International Trade Administration, USA Department of Commerce expressed that the USA generated 10% of the global revenue from e-commerce sales. The USA being the fourth highest market in e-commerce sales in 2020, the market for e-commerce in the USA cater to substantial growth during the forecast period.
The economic advancement and surge in innovation in the country have generated substantial growth in the market. The growing e-commerce in the country has a positive effect on the sales of cohesive packaging.
Products such as wrappers and mailers are becoming prominent choices in the industry and are expected to create substantial growth during the forecast period. Manufacturers can adopt customizability and possible branding adherence in their product offerings to enhance end-user satisfaction.
The section contains information about the leading segment in the cohesive packaging market. Paper and paper board based cohesive packaging expected to grow 2.2% during the forecast period. Cohesive packaging for the institutional/commercial use expected to grow at a rate of 2.7%.
| Material | Paper and Paper Board |
|---|---|
| Value Share (2034) | 56.0% |
Paper and paper board-based cohesive packaging solutions are poised to grow at a CAGR of 2.2% during the forecast period and are expected to generate a value share of 56.0% in 2024.
Paper and paper board-based cohesive packaging is expected to lead the market during the forecast period. Paper being sustainable and recyclable, manufacturers are adopting these solutions to adhere to the growing sustainability standards, especially in North America and Europe Market.
The versatile nature of paper and adaptability in diverse industrial applications further increase the possible adoption in the market. Industries such as electronic and e-commerce seeking paper-based solutions to adhere to the growing sustainable standards thereby increasing market growth. Paper such as Kraft-based paper offers good aesthetic appeal to the package which further opens towards enabling possible branding opportunities.
| End Use | Institutional/Commercial |
|---|---|
| Value CAGR (2024 to 2034) | 2.7% |
The institutional or commercial sector is expected to capture 87.7% of the global cohesive packaging market. Cohesive packaging is a vibrant solution in the commercial sector especially packaging of products that need protection against possible physical or environmental hazards.
Industries such as e-commerce, electronics and FMCG need protective packaging as a prominent section of the products in this market are susceptible to damage and vibration during storage and transport. Effective protection is mandatory to streamline the entire lifecycle of the product. Manufacturers are adopting material advancement and sustainable practices to adhere to the growing regulatory framework and consumer satisfaction.
Key players of the cohesive packaging market are manufacturing and launching novel products in the market. They are collaborating with multiple end user firms to expand their geographical reach.
Key Developments in Cohesive Packaging Industry
In terms of material, the industry is divided into paper and paper board, plastics, and foam.
In terms of packaging format, the industry is divided into envelopes, mailing bags, wraps, and others.
In terms of end use, the industry is divided into institutional or commerce, and household.
In terms of region, the industry is divided into North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and MEA.
The cohesive packaging industry is projected to witness CAGR of 2.8% between 2024 and 2034.
The global cohesive packaging industry stood at USD 1.5 billion in 2023.
Global cohesive packaging industry is anticipated to reach USD 2.1 billion by 2034 end.
South Asia and Pacific is anticipated to showcase prominent CAGR during upcoming period.
Pregis Corporation, Sealed Air Corporation, Intertape Polymer Group (IPG), Smurfit Kappa Group, Sonoco Products Company, Berry Global, Inc, Mondi Group
1. Executive Summary 2. Industry Introduction 2.1. Market Taxonomy 2.2. Market Definition 3. Market Trends and Success Factors 4. Market Background 4.1. Macro-economic and Industry Outlook 4.2. Market Dynamics 4.3. Value Chain Analysis 4.4. List of Key Market Participants (Manufacturers/Channel Partners) 4.5. Analysis of Key Industry Matrices 4.6. Industry Development Roadmap 5. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034 5.1. Historical Market Volume Analysis 5.2. Future Market Volume Projections 6. Pricing Analysis 7. Global Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034 7.1. Historical Sales Analysis 7.2. Future Market Size and Growth Projections 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Packaging Format 8.1. Envelopes 8.2. Mailing Bags 8.3. Wraps 8.4. Others 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material 9.1. Paper & Paperboard 9.2. Plastic 9.3. Foam 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 10.1. Institutional/Commercial 10.2. Household 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. North America 11.2. Latin America 11.3. East Asia 11.4. South Asia and Pacific 11.5. Western Europe 11.6. Eastern Europe 11.7. Middle East and Africa (MEA) 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 15. South Asia and Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 16. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 18. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments 19. Sales Analysis 2024 & 2034 by Key Market Segments for Key Countries 20. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Pregis LLC 21.2. Argrov Box 21.3. International Palstics Inc. 21.4. International Cushioning Company LLC. 21.5. LAMATEK, Inc. 21.6. Sealed Air Corporation 21.7. Intertape Polymer Group (IPG) 21.8. Smurfit Kappa Group 21.9. 3M Company 21.10. DS Smith Plc 21.11. WestRock Company 21.12. Mondi Group Plc 21.13. Cenveo Worldwide Limited 21.14. Bong Group 21.15. Capital Envelopes LLC 21.16. Polypak Packaging 21.17. Berry Global, Inc. 21.18. United Envelope 21.19. French Paper Company 21.20. Papier Mettler GmbH
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Cohesive Packaging Market
