Italy Adhesives Market Size

The Italy Adhesives Market is projected to experience growth over the forecast period, driven by its significant role in various industries such as packaging and woodworking. The market's expansion is influenced by the increasing demand for adhesives in packaging applications, spurred by the growth of the packaging sector and changing consumer habits. Additionally, the woodworking industry, particularly in furniture production, remains a major consumer of adhesives, with a preference for eco-friendly water-borne options. The trends of flexible packaging and home renovation are also expected to contribute to the market's growth, highlighting the dynamic nature of the adhesives market in Italy.

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Market Size of italy adhesives Industry

Italy Adhesives Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 1.49 Billion
svg icon Market Size (2028) USD 1.85 Billion
svg icon Largest Share by End User Industry Packaging
svg icon CAGR (2024 - 2028) 5.60 %
svg icon Fastest Growing by End User Industry Packaging
svg icon Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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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

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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

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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

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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

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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

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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 Market

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
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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.

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Italy Adhesives Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Footwear and Leather

      5. 1.1.5 Healthcare

      6. 1.1.6 Packaging

      7. 1.1.7 Woodworking and Joinery

      8. 1.1.8 Other End-user Industries

    2. 1.2 Technology

      1. 1.2.1 Hot Melt

      2. 1.2.2 Reactive

      3. 1.2.3 Solvent-borne

      4. 1.2.4 UV Cured Adhesives

      5. 1.2.5 Water-borne

    3. 1.3 Resin

      1. 1.3.1 Acrylic

      2. 1.3.2 Cyanoacrylate

      3. 1.3.3 Epoxy

      4. 1.3.4 Polyurethane

      5. 1.3.5 Silicone

      6. 1.3.6 VAE/EVA

      7. 1.3.7 Other Resins

Italy Adhesives Market Size FAQs

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.

In 2024, the Italy Adhesives Market size is expected to reach USD 1.49 billion.

Italy Adhesives Market Size & Share Analysis - Growth Trends & Forecasts Up To 2028