"Binding Intellectual insights for your Business"

Packaging Tape Market Size, Share and Analysis By Material (Paper, Plastic, and Aluminum foil), By Type (Pressure Sensitive Tape, Duct Tape, Masking Tape, Filament Tape, and Others), By End-use Industry (Food & Beverages, Electrical & Electronics, Healthcare, Shipping & Logistics, Consumer Goods, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107315 | Status : Ongoing

 

KEY MARKET INSIGHTS

Packaging tape is an industrial-grade tape intended to close and seal a box for shipment. The increasing demand to protect and secure the shipments is the key factor driving the global packaging tapes market growth. The rapid growth in the e-commerce industry and the increasing penetration of online shopping among millennials are anticipated to aid market growth. Several companies also use packaging tapes for wrapping the product during transport and branding purposes. Moreover, the augmenting demand from the shipping and logistics industry will likely offer profitable growth opportunities. Additionally, the growing usage of packaging tapes in healthcare centers to transport medicines also contributes to the growth of the global packaging tapes market.



  • For instance, in September 2022, Tesa declared the launch of a new packaging tape with backing material made from recycled post-consumer PET. The company intends to focus on sustainability during the product launch, including 70% recycled (PCR) PET and a water-based acrylic adhesive system.

  • In September 2019, 3M, a global science and innovation company, unveiled its new Scotch High Tack Box Sealing Tape 375+. The new packaging tape offers a secure seal with quicker sticking & adheres better than any packaging tape.


The demand for packaging tapes is rapidly growing owing to their wide usage in automotive, building & construction, shipping and logistics, healthcare, and many other industries. The rising adoption of such tapes for light and heavy-duty applications worldwide also cushions the market growth. Packaging tapes have also emerged as the most efficient solution for indoor & outdoor applications. They are capable of sustaining in outdoor applications, such as construction and logistics industries, thus contributing to the expansion of the market. The packaging tapes market is also expected to witness significant growth as they are highly used for safeguarding dressings, tubing, catheters, and many medical purposes.

The continuous changes in environmental conditions are the key factor that causes hindrance to the market growth of packaging tapes. The packaging tapes' main purpose is to protect the package. However, during the transportation process, extreme climatic changes can cause many problems to the package, thus limiting the overall market growth. Additionally, the volatility in the raw material prices for manufacturing is also anticipated to impede the global packaging tape market growth.

IMPACT OF COVID-19 ON THE PACKAGING TAPES MARKET


COVID-19 had a huge impact on several industries worldwide. Large-scale supply chain disruptions that led to halting production were observed in the early stages of the pandemic. The outbreak of the pandemic has even caused an impact on the market growth of packaging tapes. As no transport was available, the unavailability of the raw materials harmed the global packaging tapes market growth. The unavailability of transportation for the e-commerce sectors also impacted the industry initially. However, the growing demand for healthcare and food & beverages products in the post-pandemic era will boost the market growth.

KEY INSIGHTS


The report will cover the following key insights:


  • Recent Advancements in the Packaging Tapes Market

  • Key Industry Trends

  • Regulatory Landscape for the Packaging Tapes Market

  • Key Industry Developments (Mergers, Acquisitions, and Partnerships)

  • Impact of COVID-19 on the Market


ANALYSIS BY MATERIAL


Based on the material, the market is segmented into paper, plastic, and aluminum foil. Plastic material holds the largest market share of global packaging tapes. Plastic material provides significant features such as cost-effectiveness, moisture resistance, and water-resistant properties, thus making it ideal for manufacturing packaging tapes.

ANALYSIS BY TYPE


Based on the type, the market is segmented into pressure-sensitive, duct, masking, filament, and others. Duct tape is the dominating segment of the global packaging tapes market. Duct tapes offer remarkable adhesion capability and impressive shear & heat resistance, thus making them suitable for diverse applications in households and industries.

ANALYSIS BY END-USE INDUSTRY


Based on the end-use industry, the market is segmented into food & beverages, electrical & electronics, healthcare, shipping & logistics, consumer goods, and others. Shipping and logistics is the largest end-use industry of the global packaging tapes market. The growing shipping and logistics industry owing to the safe and speedy delivery of products, drives the segment growth.

REGIONAL ANALYSIS


To gain extensive insights into the market, Request for Customization


The packaging tapes market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global packaging tapes market, which can be attributed to the rapid growth of the economy, & the increasing e-commerce sector of the region. North America is expected to grow fast due to the rising investments in the retail industry in the region. The presence of key manufacturers and continuous advancements in the products will offer profitable opportunities for the packaging tapes market in the European region. Rising environmental concerns and emerging food and beverages industries will drive the market growth of packaging tapes in the Latin American region. The rising trend of online shopping will cushion the packaging tapes market in the Middle East and Africa.

KEY PLAYERS COVERED


The report will include profiles of key players such as Nitto Denko Corporation, Berry Global Group Inc., Saint Gobain Corporate, 3M, H.B Fuller Company, Avery Dennison Corporation, Bostik SA, Sonoco Products Company, Intertape Polymer Group Inc., Shurtape Technologies, Llc, and PPM Industries SpA, among others.

SEGMENTATION


















By Material


By Type


By End-use Industry


By Geography



  • Paper

  • Plastic

  • Aluminum foil




  • Pressure Sensitive Tape

  • Duct Tape

  • Masking Tape

  • Filament Tape

  • Others




  • Food & Beverages

  • Electrical & Electronics

  • Healthcare

  • Shipping & Logistics

  • Consumer Goods

  • Others




  • North America (U.S. and Canada)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia-Pacific)

  • Latin America (Mexico, Brazil, and the Rest of Latin America)

  • Middle-East & Africa (South Africa, G.C.C., and Rest of Middle East & Africa)



KEY INDUSTRY DEVELOPMENTS



  • In November 2022, Essentra Tapes announced the launch of a paper-based solution targeting the e-commerce industry with a future aim to help the e-commerce sector meet its environmental goals while offering customers more circular, curbside, and recyclable packaging alternatives.

  • In July 2022, Essentra Tapes launched SupaStrip PCR. This high-performance tear tape comprises at least 70% post-consumer material for packaging applications across varied sectors, including FMCG, tobacco, electronics, and many others.

  • In July 2022, H.B. Fuller Company announced a strategic partnership with Enimac, an international tape application equipment manufacturer. The agreement effectively combines their market and application expertise of pressure-sensitive adhesive tapes to support the growing e-commerce packaging industry.

  • In March 2022, a Finnish fiber-based products manufacturer, Ahlstrom-Munksjö, launched MasterTape Pack Green. The product is developed as a sustainable option for plastic pressure-sensitive adhesive packaging tape backings.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Packaging Clients
UBS
Iwatani
GM
Mckinsey
Petronas
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X