With manufacturers and suppliers continuing to develop innovative packaging solutions, the importance of adhesives that keep packages intact has never been greater. Per Fact.MR, the global packaging adhesives market is set to grow by over $12 billion in the next decade, and this makes sense given how universal adhesives are among different packaging types. Whether it’s flexible or rigid, adhesives and sealants find their way onto any package, making them high on the list of considerations for manufacturers and CPG brands.

Not only is this clear from a projected growth perspective, but also from an acquisitions one. Just recently, the industry has seen two key acquisitions of adhesives providers.