Increasing applications in the healthcare, electronics, packaging and automotive industries are all driving the market for adhesive films.
July 1, 2015
The global adhesive films market was valued at $9.7 billion in 2013 and is expected to reach $14.45 billion by 2020, expanding at a compound annual growth rate (CAGR) of 6% during the forecast period, according to Transparency Market Research's "Adhesive Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020."
With increasing consumer demand for convenience comes greater demand for high performance standards and increased sustainability. The packaging industry is no stranger to these trends taking place with consumer products across the world
The current laminating industry mindset is to simply try anything. Many manufacturers have started to realize that creative combinations of unexpected substrates might fill untapped demand for finished products that look and feel novel, are extra sturdy, or display other desirable properties that are unattainable with standard materials.
Food and beverage packaging has come a long way since the prehistoric days of using natural materials like leaves and gourds for containers. Today’s food and beverage industry demands packaging that’s far more sanitary, innovative and eye-catching than what nature can provide.
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