The market size for glues based on starches or modified starches in Jordan reached 2,168.9 thousand US dollars in 2023. Over the last decade, the market experienced generally upward trends, notably jumping from 989.7 thousand US dollars in 2013 to over double this value by 2023. The past two years saw moderate growth with around a 3% increase yearly. The compound annual growth rate (CAGR) for the past five years was around 4.16%, reflecting a steady expansion despite minor fluctuations.
Future trends to watch for:
- Increased focus on eco-friendly and sustainable glue products due to global environmental concerns.
- Potential market growth driven by advancements in packaging, construction, and woodworking sectors.
- Impact of economic factors and policy changes on the market dynamics in Jordan and surrounding regions.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 9 | 9 Denmark | 6,746,400 | 2023 | +2.11% | +0.036% | View data |
| 10 | 10 Morocco | 3,085,600 | 2023 | -3.14% | -3.27% | View data |
| 11 | 11 Jordan | 2,168,900 | 2023 | +2.95% | +4.16% | |
| 12 | 12 Croatia | 1,875,400 | 2023 | -0.88% | -3.69% | View data |
| 13 | 13 Senegal | 894,760 | 2023 | -2.5% | -4.8% | View data |
