Market Size of france adhesives Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 1.79 Billion |
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Market Size (2028) | USD 2.25 Billion |
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Largest Share by End User Industry | Packaging |
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CAGR (2024 - 2028) | 5.86 % |
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Fastest Growing by End User Industry | Packaging |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
France Adhesives Market Analysis
The France Adhesives Market size is estimated at 1.79 billion USD in 2024, and is expected to reach 2.25 billion USD by 2028, growing at a CAGR of 5.86% during the forecast period (2024-2028).
1.79 Billion
Market Size in 2024 (USD)
2.25 Billion
Market Size in 2028 (USD)
5.17 %
CAGR (2017-2023)
5.86 %
CAGR (2024-2028)
Largest Market by End-user Industry
33.85 %
value share, Packaging, 2023
In France, packaging is the dominant end-user industry owing to the wide range of adhesive applications, including labels, tapes, carton sealing and joining, and laminating.
Fastest Growing Market by End-user Industry
5.95 %
Projected CAGR, Packaging, 2024-2028
The aerospace industry is the fastest-growing end-user industry in the French adhesives market, owing to its rising demand for lightweight and high-strength components to substitute traditional aircraft joints.
Largest Market by Technology
43.50 %
value share, Water-borne, 2023
Water-borne technology, an environmentally friendly and economically viable solution, has obtained a major share of the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.
Largest Market by Resin
22.90 %
value share, Acrylic, 2023
Acrylic-based adhesives hold a significant market share owing to their pressure-sensitive applications in packaging, construction, and healthcare end-user industries.
Leading Market Player
18.29 %
market share, Arkema Group, 2021
Arkema is the leading adhesives manufacturer in France owing to its large product portfolio for different industrial applications and well-established distribution channels across the country.
Increase in healthcare expenditure to drive the demand for adhesive
- In France, end-user industries, like packaging, healthcare, construction, share the highest market share in the adhesives market. Flexible packaging experienced substantial growth in France. As cheap and lightweight packaging gains popularity in France, it encourages manufacturers to use flexible packaging for different products.
- Adhesives are majorly consumed in the packaging industry in the country owing to their importance in bonding plastics, metals, and paper & cardboard packaging applications. Waterborne adhesives are highly consumed in the industry because of their cheaper cost and high bonding strength which is required in these applications. It is seen that nearly 87 thousand tons of water-borne adhesives are consumed in the packaging industry of the country during 2021.
- In France, construction adhesives are also widely used. The European Commission launched the 'Next Generation EU Recovery Plan', in which a major chunk of funds is allocated for the construction of buildings that are energy efficient and have a lesser carbon footprint. This is expected to lead to the construction of newer buildings and the renovation of older buildings. The construction sector in France is expected to register a CAGR of 6.65%, which is expected to lead to an increase in the demand for adhesives in the forecast period.
- Healthcare expenditure in France is much higher compared to its neighboring countries. The average health expenditure in Europe is USD 3,858 per capita, whereas, in France, it is USD 4,491 per capita, as per the data provided by the World Bank in 2019. However, the medical device market reached USD 43 billion by 2021 due to a rapid increase in demand with the adoption of new technologies. This is likely to drive the market for adhesives in the country.
Understand The Key Trends Shaping This Market
