Quick Summary:
In the swiftly evolving and competitive world of the Sealing and Strapping Packaging Tapes Market, gaining clarity on current trends and future projections is paramount. Our comprehensive market report project the industry to reach a revised size of US$33.6 Billion by 2030, offering a detailed analysis that is indispensable for effective strategic planning.
Our carefully crafted report provides an in-depth analysis of segment growth, with particular attention to the Paper segment, which is projected to record a significant growth rate of 6.4% CAGR, reaching US$14.6 Billion by the end of the forecast period. We also probe into the trend-setting markets of the U.S. and China, providing an appraisal of their vital roles in shaping the future of this industry. Unveil the secrets of success of players like 3M, Avery Dennison Corporation, and Berry Global Inc. Enhance your understanding of the unique market landscape with this meticulously prepared report. Don't miss the opportunity to strengthen your competitive edge.
Global Sealing and Strapping Packaging Tapes Market to Reach $33.6 Billion by 2030
The global market for Sealing and Strapping Packaging Tapes estimated at US$21.9 Billion in the year 2022, is projected to reach a revised size of US$33.6 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Paper, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$14.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polypropylene segment is readjusted to a revised 5.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 9.7% CAGR
The Sealing and Strapping Packaging Tapes market in the U.S. is estimated at US$6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 42 Featured) -
- 3M
- Adhesives Research, Inc.
- Advance Tapes International
- Ajit Industries Pvt. Ltd.
- Avery Dennison Corporation
- Berry Global Inc.
- Can-Do National Tape
- Cantech
- Euro Tapes Private Limited (Unit Of Euro Technologies)
- Industrias TUK, S.A. de C.V.
- Intertape Polymer Group
- Mactac Americas
- Nichiban Co., Ltd.
- Nitto Denko Corporation
- Rajapack Ltd
- Shurtape Technologies, LLC
- Stick Tapes Private Limited
- tesa SE - A Beiersdorf Company
- U Pack
- UltraTape
- Xinxiang Yongsheng Packaging Materials Technology Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Sealing and Strapping Packaging Tapes?
What is the growth rate of the Global Market for Sealing and Strapping Packaging Tapes?
What is the forecasted size of the Global Market for Sealing and Strapping Packaging Tapes?
Who are the key companies in the Global Market for Sealing and Strapping Packaging Tapes?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 21.9 Billion |
| Forecasted Market Value ( USD | $ 33.6 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M
- Adhesives Research, Inc.
- Advance Tapes International
- Ajit Industries Pvt. Ltd.
- Avery Dennison Corporation
- Berry Global Inc.
- Can-Do National Tape
- Cantech
- Euro Tapes Private Limited (Unit Of Euro Technologies)
- Industrias TUK, S.A. de C.V.
- Intertape Polymer Group
- Mactac Americas
- Nichiban Co., Ltd.
- Nitto Denko Corporation
- Rajapack Ltd
- Shurtape Technologies, LLC
- Stick Tapes Private Limited
- tesa SE - A Beiersdorf Company
- U Pack
- UltraTape
- Xinxiang Yongsheng Packaging Materials Technology Co., Ltd.
