In the past few years, the packaging industry has been experiencing a transition, where the manufacturing and industrial sector has been adapting to flexible packaging. Due to this trend, rigid packaging is losing its share to flexible packaging in the global packaging industry. Benefits such as light weight, easy handling, less space, longer shelf life, easy transit, damage resistance, and better printability have made flexible packaging popular.
In 2018, flexible packaging held the highest share in the global packaging market. This trend is expected to continue over the forecast period. Laminating adhesives for flexible packaging are extensively used in packaging industry.
Packaging is one of the key factors considered by manufacturers. With the growing number of manufacturing units, food processing plants, and increasing industrial production, the global packaging industry is witnessing robust growth. Laminating in flexible packaging is a process where two or more packaging webs are joined together using a bonding agent.
These webs can be in the form of films, aluminum foils, or papers. Laminating adhesive is applied to the less-absorbent substrate of web, which is then pressed against the second web. As demand for flexible packaging increases, the market for flexible packaging adhesives for laminating is also expected to register noticeable growth in demand during the forcast period.
