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The global sealing and strapping packaging tapes market attained a value of USD 18.59 billion in 2023 and is expected to grow at a CAGR of 5% during the forecast period 2024-2032 to reach a value of USD 28.81 billion by 2032. The growth in the outdoor apparel industry due to increasing consumer health awareness and increased fitness activities is expected to drive the market growth of sealing and strapping packaging tapes during the forecast period.
Base Year
Historical Year
Forecast Year
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Sealing and strapping packaging tapes are pressure-sensitive tapes used for various packaging functions such as reinforced packaging, bundling products, unitising of pallets, etc. The market can be broadly categorised based on materials, types of adhesive, and applications.
Market Breakup by Material
Market Breakup by Type of Adhesive
Market Breakup by Application
Market Breakup by Region
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The market for sealing and strapping packaging tapes is being driven by the rising demand for protective clothing and accessories like military, surgical/medical, and chemical protective clothing. Due to the several advantages and benefits of sealing and strapping packaging tapes, these have been extended to several end-uses, generating significant growth prospects over the forecast period. Due to the rising number of food and beverage and electronic manufacturers witnessing an increased growth, the use of sealing and big packaging bands are seeing a rapid increase, which is aiding the growth of the sealing and strapping packaging tapes industry.
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The report presents a detailed analysis of the following key players in the global sealing and strapping packaging tapes market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Sealing and Strapping Packaging Tapes Market Size
*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 global sealing and strapping packaging tapes market attained a value of nearly USD 18.59 billion.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 28.81 billion by 2032.
The major drivers expected to aid the market growth are the growing demand from various end use sectors, increasing hygiene awareness, thriving food and beverages market, growing sales of consumer electronics, expanding retail market, and growing technological advancements.
key trends guiding the growth of the market include the growing R&D activities and expanding e-commerce sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major materials in the market are paper, polypropylene, and polyvinyl chloride, among others.
The major types in the market are acrylic, rubber, and silicone, among others.
Sealing and strapping packaging tapes find major applications in carton sealing and strapping and bundling.
The major players in the market are Avery Dennison Corporation, Nitto Denko Corporation, Intertape Polymer Group Inc., Scapa Group PLC, Nichiban Co., Ltd., 3M Company, and tesa SE, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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 Material |
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Breakup by Type of Adhesive |
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Breakup by Application |
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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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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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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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