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    Growth in Packaging industry fuels need for adhesive innovation

    • Fantastak Limited
    Secondary Packaging, Binding, Glue, Adhesives, Tree Derivatives, Board, Board - Cardboard, Board - Corrugated

    A recent report has highlighted the knock on effect the boom in e-commerce is having on the packaging sector globally, and on the value of the corrugated cardboard packaging in particular. AT Kearney forecast that global ecommerce sales will reach $1.506bn by 2018 driven by both new entrants to the market and physical retailers embracing online as a channel for business growth. Meanwhile New York-based Persistence Market Research (PMR), recently forecasted annual growth in the corrugated packaging market of 4%, with the market being worth an estimated $174m by 2020.

    As with Ecommerce, the growth will be global, however North America and the United States in particular is expected to see some of the biggest increase in the use of corrugated packaging with some 90% of products that are transported being packed in corrugated packaging. With this increase in corrugated materials in particular, packaging firms are increasingly looking for innovative adhesive solutions that will help to secure packages to support this rise in e-commerce sales.

    At Fantastak we have been supporting this sector for many years with a range of solutions, and our R&D department continue to innovate in order to deliver products to our customers that create efficiencies, save costs that ultimately results in happier customers.

    • Company News
    • English
    • Modified 06 Nov 2015
    • Hits 854