Laminating Adhesives Benefit from Growth in Flexible Packaging
Multiple benefits are increasing the popularity of flexible packaging worldwide.
The market for laminating adhesives is expected to register a CAGR of almost 5.7% from 2019-2024, according to a recent report from Mordor Intelligence. Major factors driving the market include rapid growth in the flexible packaging industry and increasing demand for packaged food. Growing concerns regarding plastic disposal are expected to hinder market growth.