Market Size of italy adhesives Industry
Icons | Lable | Value |
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Study Period | 2017 - 2028 | |
Market Size (2024) | USD 1.49 Billion | |
Market Size (2028) | USD 1.85 Billion | |
Largest Share by End User Industry | Packaging | |
CAGR (2024 - 2028) | 5.60 % | |
Fastest Growing by End User Industry | Packaging | |
Market Concentration | Low | |
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.
Italy Adhesives Industry Segmentation Italy Adhesive Industry Segmentation
Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery are covered as segments by End User Industry. Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin.
- 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.
End User Industry | |
Aerospace | |
Automotive | |
Building and Construction | |
Footwear and Leather | |
Healthcare | |
Packaging | |
Woodworking and Joinery | |
Other End-user Industries |
Technology | |
Hot Melt | |
Reactive | |
Solvent-borne | |
UV Cured Adhesives | |
Water-borne |
Resin | |
Acrylic | |
Cyanoacrylate | |
Epoxy | |
Polyurethane | |
Silicone | |
VAE/EVA | |
Other Resins |
Italy Adhesives Market Size Summary
The Italy adhesives market is poised for significant growth, driven by its integral role in various industrial applications. Adhesives are crucial for bonding and joining substrates, enabling manufacturers to create lighter and more efficient components. The market is experiencing a resurgence following the disruptions caused by the COVID-19 pandemic, which had previously led to a notable decline in consumption. The packaging sector, a major consumer of adhesives, is expanding rapidly, fueled by the increasing demand for innovative packaging solutions in industries such as electronics, consumer goods, and food. Italy's robust packaging industry, one of the largest in Europe, is a key driver of this demand, with a particular emphasis on paper and paperboard packaging. The woodworking industry also significantly contributes to adhesive consumption, with water-borne adhesives being favored for their eco-friendly properties and cost-effectiveness.
The automotive sector in Italy, a major European manufacturer, presents both challenges and opportunities for the adhesives market. While the industry faced setbacks due to economic factors and the pandemic, the rise in electric vehicle production has spurred demand for adhesives and sealants. The market is characterized by fragmentation, with several key players like AVERY DENNISON CORPORATION, H.B. Fuller Company, and Henkel AG & Co. KGaA leading the charge. Recent strategic moves, such as product introductions and acquisitions, highlight the industry's focus on innovation and expansion. The trend towards flexible and lightweight packaging, alongside the ongoing home renovation boom, is expected to further bolster the adhesives market in Italy, positioning it for continued growth in the coming years.
Italy Adhesives Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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1.1 End User Industry
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1.1.1 Aerospace
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1.1.2 Automotive
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1.1.3 Building and Construction
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1.1.4 Footwear and Leather
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1.1.5 Healthcare
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1.1.6 Packaging
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1.1.7 Woodworking and Joinery
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1.1.8 Other End-user Industries
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1.2 Technology
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1.2.1 Hot Melt
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1.2.2 Reactive
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1.2.3 Solvent-borne
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1.2.4 UV Cured Adhesives
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1.2.5 Water-borne
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1.3 Resin
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1.3.1 Acrylic
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1.3.2 Cyanoacrylate
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1.3.3 Epoxy
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1.3.4 Polyurethane
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1.3.5 Silicone
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1.3.6 VAE/EVA
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1.3.7 Other Resins
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Italy Adhesives Market Size FAQs
How big is the Italy Adhesives Market?
The Italy Adhesives Market size is expected to reach USD 1.49 billion in 2024 and grow at a CAGR of 5.60% to reach USD 1.85 billion by 2028.
What is the current Italy Adhesives Market size?
In 2024, the Italy Adhesives Market size is expected to reach USD 1.49 billion.