PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463093
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463093
The Global Bookbinding Materials Market size is expected to reach USD 3.20 billion by 2032, according to a new study by Polaris Market Research. The report "Bookbinding Materials Market Share, Size, Trends, Industry Analysis Report, By Binding Type (Mechanically Bonded and Adhesive Bonded); By Material Type; By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Market is currently witnessing a notable upswing, driven by the rising demand for physical books, even in the face of the expanding popularity of digital platforms. This resurgence can be attributed to a renewed appreciation for the tangible and immersive experience that physical books offer. Readers are increasingly valuing the unique sensory engagement provided by holding and interacting with a physical book. This growing appreciation has created a sustained demand for high-quality and visually appealing printed publications. Readers cherish the tactile experience of flipping through pages & aesthetic appeal of well-bound books, the importance of durable & aesthetically bookbinding materials has become more significant.
The global focus on literacy and education is on the rise, leading to a growing demand for top-notch printed materials. This escalating demand has created a favorable landscape for the market, prompting an increased requirement for binding solutions that are not only durable but also visually appealing. These solutions must be capable of withstanding frequent use and handling, meeting the heightened expectations in the expanding market for high-quality printed materials.
Increasing demand for printed books and publications also favoring the market growth over the study period. Despite the rise of digital content, there continues to be a steady demand for physical books, leading to a sustained need for bookbinding materials such as paper, adhesives, and cover materials. The growth of the education sector and the publishing industry contributes to the demand for bookbinding materials. As the number of educational institutions, libraries, and publishing houses increases, there is a greater need for bookbinding materials to support the production of textbooks, reference materials, and other printed resources.
The rising focus on product innovation and customization is another important driver of the market. Manufacturers are constantly introducing new materials and design options to meet the evolving needs of publishers, printers, and end consumers, thereby stimulating market growth. Also, technological advancements in the bookbinding industry, such as the development of eco-friendly and sustainable materials, are also driving market growth. As environmental concerns become more prominent, there is a growing preference for bookbinding materials that are recyclable, biodegradable, and sourced from renewable resources.
Adhesive binding segment dominated the market with largest market share due to its versatility and widespread use in various applications.
Paper cover materials segment accounted for largest market share due to its cost-effectiveness, versatility, and eco-friendliness.
Magazines and catalogs segment held the maximum market share due to high demand for bookbinding materials used in magazines production.
Asia Pacific region dominated the market due to its significant rise in book publication industry.
The global players include Henkel, H.B. Fuller, Arkema, UPM Global, Sika, Jowat, Sanyhot Adhesivos, and Embagrap.
Polaris Market Research has segmented the Bookbinding Materials Market report based on Binding Type, Material Type, Application, and Region: