Between 2013 and 2023, the per capita value of glues based on starches or modified starches in Greece increased steadily from $0.61 to $1.41. In 2023, this market stood at $1.41 per capita. The annual growth rate from 2021 to 2022 was 5.56%, and from 2022 to 2023 it was 6.02%. Over the last five years, from 2018 to 2023, the compound annual growth rate (CAGR) averaged around 5.41%, indicating a consistent upward trend in market value.
Future trends to watch for include:
- Continued innovation in environmentally friendly and sustainable adhesive products.
- Potential impacts of regulatory changes regarding eco-labeling and biodegradable materials.
- Influence of consumer demand shifts towards more sustainable packaging solutions.
