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The global carry handle adhesive tapes market size reached approximately USD 278.09 million in 2023. The market is projected to grow at a CAGR of 6.3% between 2024 and 2032, reaching a value of around USD 483.74 million by 2032.
Carry handle adhesive tapes are specialised adhesive solutions used by consumers to carry packaged goods. These tapes are usually made of high-quality PET film, enabling them to be used to carry bulky or heavy items across a wide range of temperatures. These adhesive tapes are commonly used in sectors like beverages, tissue and toiletries, and other consumer goods.
The rapid growth of the e-commerce sector has had a substantial impact on the packaging solutions sector. The widespread availability of internet services across different regions has enabled consumers to access a wide variety of products through online shopping platforms, thereby propelling the carry handle adhesive tapes market growth.
Based on type, the market can be segmented into acrylic, rubber, silicone, and ethylene vinyl acetate, among others. The carry handle adhesive tapes market segmentation, based on technology, includes solvent-based, water-based, hot melt, radiation-based, electronic beam curved, and UV curved.
Based on end use, the market is divided into electronics, packaging, medical, and construction, among others. The major regional markets for carry handle adhesive tapes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global carry handle adhesive tapes market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
According to the global carry handle adhesive tapes market analysis, silicone-based carry handle adhesive tapes are expected to register a significant growth rate during the forecast period owing to their various advantages and increasing demand from major end use industries. Silicone tapes have excellent resistance to high and low temperatures, which makes them suitable for applications where temperature variations are a concern.
Moreover, these tapes are chemical resistant, flexible, durable, and have a non-toxic nature, making them suitable for medical and food contact applications.
The rapidly expanding electronics sector is expected to enhance the carry handle adhesive tapes market share in the coming years, as they are extensively used in the packaging and transportation of electronic devices. Carry handle tapes are used to attach handles to the packaging of electronic devices such as laptops, tablets, monitors, and other consumer electronics, to make it easy for consumers to carry the product.
In the logistics and transportation phase, electronic components and devices need to be securely packaged to prevent damage during transit. Carry handle tapes provide a reliable means of safely handling and moving these sensitive items.
Alimac Srl is an Italian company specialising in the design, manufacturing, and distribution of packaging equipment and carry handle tapes. Established in 1990, the company has gained a reputation for its high-quality and innovative solutions in the packaging sector. The tape carry handles are utilised across various sectors, primarily in the fast-moving consumer goods (FMCG) sector, notably within the realms of beverages, tissue, and toiletries.
Tesa SE is one of the major adhesive products manufacturers in the world, with expertise in the production of adhesive tapes, optically clear tapes, foam tapes, and surface protection films, among others. The company operated as a division of the Beiersdorf Group and declared independence in 2001. Currently, the company has operations in over 100 countries.
3M Company, also known as 3M, is a prominent multinational conglomerate with its headquarters located in the United States. Established in 1902, 3M has established itself as a leading global technology conglomerate, boasting a diverse range of offerings. The name '3M' is rooted in its initial focus on Mining, Manufacturing, and Metallurgy. Globally, the company is acknowledged for its pioneering spirit and deep-seated proficiency in creating a broad spectrum of products and innovative solutions.
Other players in the carry handle adhesive tapes market are Davik Industries, NRG Tapes, Advance Packaging & Adhesive LLC, Supertape BV, Venera D.O.O., and Noble Packaging, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Technology |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 278.09 million.
The market is projected to grow at a CAGR of 6.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 483.74 million by 2032.
The market is driven by the increasing demand for adhesive tapes for packaging and safe transportation of products and the rising focus on sustainability.
The growing emphasis on innovative product branding and customisation, and the utilisation of advanced technologies are some of the key trends expected to propel the market expansion.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end uses are electronics, packaging, medical, and construction, among others.
The key players in the market include Alimac Srl, Davik Industries, NRG Tapes, Tesa SE, Advance Packaging & Adhesive LLC, Supertape BV, Venera D.O.O., 3M Company, and Noble Packaging, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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