Press release
Cold Seal Adhesives Market Recent Trends, Development, Growth and Forecast 2021-2031
๐๐ก๐ข๐ง๐ ๐๐จ๐ฅ๐ ๐๐๐๐ฅ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐งTransparency Market Research delivers key insights on the cold seal adhesives market in China. In terms of revenue, the cold seal adhesives market in China is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the cold seal adhesives market in China.
๐๐ข๐๐ฐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/china-cold-seal-adhesives-market.html
The cold seal adhesives market in China is broadly affected by several factors, including usage of cold seal adhesives in various applications such as food packaging, medical packaging, auto component packaging, and furniture wrap. The rise in the demand for food has led to a significant increase in usage of cold seal adhesives, especially in confectionery and bakery products. The increase in the demand for packaging in food & bakery industry is expected to be the primary factor driving the cold seal adhesives market in China. Cold seal packaging eliminates the need for other packaging supplies such as corrugated boxes, plastic cartons, sealing tapes, and bubble wraps. It keeps products free of adhesive residue with its unique packaging approach. This property makes it ideal for usage in shipping and transportation industries. Coal seal adhesives can also be customized according to packaging of any size. This is projected to drive the cold seal adhesives market during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82239
๐๐ก๐ข๐ง๐ ๐๐จ๐ฅ๐ ๐๐๐๐ฅ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Cold seal adhesives are primarily used in the packaging of PPE such as gloves, masks, and respiratory-related equipment. Protective equipment play an important role in the fight against coronavirus. The World Health Organization (WHO) has urged businesses and governments to boost supplies of protective equipment, including gloves, medical masks, and respirators, for healthcare workers. According to the WHO, manufacturers need to increase production by 40% to meet the rising global demand for protective equipment. The increase in the PPE production is anticipated to boost the production of cold seal adhesives. This is likely to fuel the cold seal adhesives market in China during the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=82239
Rise in foreign investment in food and packaging industries and presence of large numbers of joint ventures have led to technological advancements. The demand for confectioneries has increased substantially in China. Improvements in standard of living and changing consumption habits have led to a shift in the demand for confectionery products (from candy to chocolate products, particularly high-end chocolate products). However, the chocolate market in China is still largely untapped.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=82239
Asia Pacific accounts for more than 50% of the global population; currently, the region constitutes more than 15% of global chocolate consumption. Thus, it offers immense potential for the cold seal adhesives market. This is encouraging higher numbers of companies to enter the industry, thereby leading to an intense competition in the market.
Transportation packaging plays a vital role in the import & export industry. China shipped goods worth US$ 2.499 Trn around the globe in 2019. The demand for cold seal adhesives is estimated to increase, owing to the rise in transportation through import and export of goods. Cold seal adhesives take very less time for application as compared to other packaging solutions such as hot seal. Hence, there is less waiting time for delivering packages from the packaging line. This is projected to boost the cold seal adhesives market in China during the forecast period.
๐๐ก๐ข๐ง๐ ๐๐จ๐ฅ๐ ๐๐๐๐ฅ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The cold seal adhesives market in China is consolidated, with the presence of key players. Prominent players operating in the cold seal adhesives market in China include H.B. Fuller Company, Bostik SA, Ashland, Dow, Kendall Packaging Corporation, Henkel, Dyna-Tech Adhesives, ALTANA, Shenzhen IPAK Packaging Co. Ltd, and Trillium Products Ltd.
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๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Nikhil Sawlani
Transparency Market Research Inc.
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