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
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
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 |