Market Size of italy adhesives Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 1.49 Billion |
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Market Size (2028) | USD 1.85 Billion |
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Largest Share by End User Industry | Packaging |
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CAGR (2024 - 2028) | 5.60 % |
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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 |
Italy Adhesive Market Analysis
The Italy Adhesives Market size is estimated at 1.49 billion USD in 2024, and is expected to reach 1.85 billion USD by 2028, growing at a CAGR of 5.60% during the forecast period (2024-2028).
1.49 Billion
Market Size in 2024 (USD)
1.85 Billion
Market Size in 2028 (USD)
5.31 %
CAGR (2017-2023)
5.60 %
CAGR (2024-2028)
Largest Market by End-user Industry
37.97 %
value share, Packaging, 2023
In Italy, packaging is the dominant end-user industry owing to the wide range of adhesive applications, including labels, tapes, carton sealing and joining, and laminating, among others.
Fastest Growing Market by End-user Industry
6.37 %
Projected CAGR, Packaging, 2024-2028
The packaging industry is growing at the fastest rate in the country due to the increasing demand from various applications including food and beverage, e-commerce, and others.
Largest Market by Technology
44.59 %
value share, Water-borne, 2023
Water-borne technology, an environmentally friendly and economically viable solution, has obtained a significant share of the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.
Largest Market by Resin
19.43 %
value share, Polyurethane, 2023
Polyurethane adhesives hold the largest share owing to their wide applications in building construction, woodworking, and automotive industries, especially for exterior applications.
Leading Market Player
19.87 %
market share, Henkel AG & Co. KGaA, 2021
Henkel has occupied the largest share in the market owing to the popularity of its products in widespread industries, including building and construction, automotive, aerospace, woodworking, etc.
Emerging furniture market and evolving trend of flexible packaging expected to boost the consumption of adhesives in Italy
- Adhesives play an important role in bonding and joining various substrates that are used across industries. These adhesives help manufacturers lower the weight of their components and assemblies and form joints quickly, easily, and accurately. The COVID-19 pandemic impacted the country in 2020, which reduced consumption by 10.38% compared to 2019.
- The packaging sector has been experiencing significant growth in the country. The packaging industry has specific applications, such as cold chain solutions and transport packaging for electronics, consumer goods, medical, and food industries. The Italian packaging industry is one of the largest industries in Europe. There are nearly 7,000 active major and minor packaging companies in the country. The increasing importance of supermarket retailing and the changing consumer buying habits are increasing the demand for adhesives in packaging applications in the country.
- Italy is known for its Italian furniture, which is popular around the world. Therefore, adhesives are largely consumed in the woodworking industry in Italy. In 2021, around 63,030 tons of adhesives were consumed by this industry, which is the second-largest end user of adhesives in the country during that year. Water-borne adhesives are largely consumed in this industry, as they are eco-friendly and cheaply available compared to other types of adhesives. The cost of these adhesives is nearly half compared to other adhesives.
- The rising trend of flexible packaging and home renovation in the country is expected to drive the demand for adhesives in the coming years in Italy.
Understand The Key Trends Shaping This Market
