Global Sealing Strapping Packaging Tapes Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Sealing Strapping Packaging Tapes Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material Type (Plastic, (PP and PVC), Paper, and Others), Adhesive Type (Rubber-based, Acrylic, and Hot Melt Adhesive), End-user Industries (Logistics, Food Services, Pharmaceuticals, E-commerce, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Sealing Strapping Packaging Tapes Market was valued at USD 24,714.3 million in 2023 and is expected to reach USD 36,793.4 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global sealing strapping packaging tapes market growth. Sealing, strapping, and packaging tapes, adhesive varieties, serve to secure packages, boxes, cartons, and other items for shipping, storage, or handling needs.
The sealing strapping packaging tapes market is growing due to the rapid expansion of e-commerce platforms, logistics services, and advancements in packaging materials. However, challenges such as volatility in raw material prices and counterfeit products could hinder market expansion.
Furthermore, the global Sealing strapping packaging tapes industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Type Analysis
The Global Sealing Strapping Packaging Tapes Market is segmented among Plastic, Paper, and Others, based on Material Type. In 2023, Plastic accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Adhesive Type Analysis
The Global Sealing Strapping Packaging Tapes Market is segmented among Rubber-based, Acrylic, and Hot Melt Adhesive, based on Adhesive Type. In 2023, Acrylic accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Sealing Strapping Packaging Tapes Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Berry Global Inc., CCT Tapes, Mactac, LLC, Nichiban Co., Ltd., Intertape Polymer Group, Inc., Ajit Industries, Scapa Group plc, Nitto Denko Corporation, Tesa SE - A Beiersdorf Company, and 3M Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Sealing Strapping Packaging Tapes Market Dynamics
Drivers
Restraints
Opportunity
4. Global Sealing Strapping Packaging Tapes Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Sealing Strapping Packaging Tapes Market Segmentation, By Material Type
Global Sealing Strapping Packaging Tapes Market Share Analysis, By Material Type
Global Sealing Strapping Packaging Tapes Market Growth Analysis, By Material Type
Global Sealing Strapping Packaging Tapes Market Trends, By Material Type
o Plastic (PP, PVC)
o Paper
o Others
6. Global Sealing Strapping Packaging Tapes Market Segmentation, By Adhesive Type
Global Sealing Strapping Packaging Tapes Market Share Analysis, By Adhesive Type
Global Sealing Strapping Packaging Tapes Market Growth Analysis, By Adhesive Type
Global Sealing Strapping Packaging Tapes Market Trends, By Adhesive Type
o Rubber-based
o Acrylic
o Hot Melt Adhesive
7. Global Sealing Strapping Packaging Tapes Market Segmentation, By End-user Industries
Global Sealing Strapping Packaging Tapes Market Share Analysis, By End-user Industries
Global Sealing Strapping Packaging Tapes Market Growth Analysis, By End-user Industries
Global Sealing Strapping Packaging Tapes Market Trends, By End-user Industries
o Logistics
o Food Services
o Pharmaceuticals
o E-commerce
o Others
8. Global Sealing Strapping Packaging Tapes Market Segmentation, By Region
Global Sealing Strapping Packaging Tapes Market Share Analysis, By Region
Global Sealing Strapping Packaging Tapes Market Growth Analysis, By Region
Global Sealing Strapping Packaging Tapes Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Berry Global Inc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
CCT Tapes
Mactac, LLC
Nichiban Co., Ltd.
Intertape Polymer Group, Inc.
Ajit Industries
Scapa Group plc
Nitto Denko Corporation
Tesa SE - A Beiersdorf Company
3M Company
*Similar analysis will be provided for each company listed above.
