From 2013 to 2023, the per capita market size value of glues based on starches or modified starches in Canada showed slight fluctuations, predominantly hovering around $0.24 and $0.26. In 2023, it stood consistently at $0.24, aligning with its level in previous years, such as 2022 and 2021, reflecting a stable but stagnant trend.
However, from 2022 to 2023, there was no significant year-on-year variation, indicating a steady state. Over the last five years, the compound annual growth rate (CAGR) reflects stability with very minimal decline.
Looking ahead, focus areas for future market trends include:
- Increased demand for eco-friendly adhesives could drive innovation in starch-based glues.
- Technological advancements in modification techniques enhancing adhesive properties.
- Market expansion opportunities in sectors emphasizing sustainability practices.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 1.41 | 2023 | View data | ||
| 2 | 2 Denmark | 1.1 | 2023 | View data | ||
| 3 | 3 Austria | 0.77 | 2023 | View data | ||
| 4 | 4 Croatia | 0.52 | 2023 | View data | ||
| 5 | 5 Saudi Arabia | 0.43 | 2023 | View data | ||
| 7 | 7 Germany | 0.38 | 2023 | View data | ||
| 8 | 8 Spain | 0.3 | 2023 | View data | ||
| 9 | 9 Canada | 0.24 | 2023 | |||
| 10 | 10 Moldova | 0.22 | 2023 | View data | ||
| 11 | 11 Jordan | 0.21 | 2023 | View data | ||