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Global Sealing and Strapping Packaging Tapes Market Size: By Material: Paper, Polypropylene, Polyvinyl Chloride, Others; By Type: Acrylic, Rubber, Silicone, Others; By Application: Carton Sealing, Strapping and Bundling; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Sealing and Strapping Packaging Tapes Market Outlook
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.
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Sealing and Strapping Packaging Tapes: Market Segmentation
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.
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Based on material, the market can be segmented into:
- Paper
- Polypropylene
- Polyvinyl Chloride
- Others
On the basis of the type of adhesive, the market can be categorised into:
- Acrylic
- Rubber
- Silicone
- Others
Based on its application, the market can be divided into:
- Carton Sealing
- Strapping and Bundling
The EMR report looks into the regional markets of sealing and strapping packaging tapes like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
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.
Key Industry Players in the Global Sealing and Strapping Packaging Tapes Market
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:
- Avery Dennison Corporation (NYSE: AVY)
- Nitto Denko Corporation (TYO: 6988)
- Intertape Polymer Group Inc. (TSE: ITP)
- Scapa Group PLC (LON: SCPA)
- Nichiban Co., Ltd. (TYO: 4218)
- 3M Company (NYSE: MMM)
- tesa SE
- Others
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.
Key Highlights of the Report
| 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 |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sealing and Strapping Packaging Tapes Market Analysis
8.1 Key Industry Highlights
8.2 Global Sealing and Strapping Packaging Tapes Historical Market (2018-2023)
8.3 Global Sealing and Strapping Packaging Tapes Market Forecast (2024-2032)
8.4 Global Sealing and Strapping Packaging Tapes Market by Material
8.4.1 Paper
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Polypropylene
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Polyvinyl Chloride
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Sealing and Strapping Packaging Tapes Market by Type
8.5.1 Acrylic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Rubber
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Silicone
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Sealing and Strapping Packaging Tapes Market by Application
8.6.1 Carton Sealing
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Strapping and Bundling
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Sealing and Strapping Packaging Tapes Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Sealing and Strapping Packaging Tapes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sealing and Strapping Packaging Tapes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sealing and Strapping Packaging Tapes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sealing and Strapping Packaging Tapes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sealing and Strapping Packaging Tapes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Avery Dennison Corporation (NYSE: AVY)
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Nitto Denko Corporation (TYO: 6988)
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Intertape Polymer Group Inc. (TSE: ITP)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Scapa Group PLC (LON: SCPA)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Nichiban Co., Ltd. (TYO: 4218)
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 3M Company (NYSE: MMM)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 tesa SE
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sealing and Strapping Packaging Tapes Market: Key Industry Highlights, 2018 and 2032
2. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Material (USD Billion), 2018-2023
3. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Material (USD Billion), 2024-2032
4. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Adhesive (USD Billion), 2018-2023
5. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Adhesive (USD Billion), 2024-2032
6. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Sealing and Strapping Packaging Tapes Market Structure
Key Questions Answered in the Report
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.
Analyst Review
The global sealing and strapping packaging tapes market attained a value of USD 18.59 billion in 2023, driven by the growing demand from major end use sectors and growing retail sector. Aided by the expanding e-commerce industry and growing demand for on demand logistics, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The market is projected to reach USD 28.81 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material, the sealing and strapping packaging tapes industry can be segmented into paper, polypropylene, and polyvinyl chloride, among others. On the basis of type of adhesive, the industry is divided into acrylic, rubber, and silicone, among others. Based on application, the industry is bifurcated into carton sealing and strapping and bundling. The major regional markets for sealing and strapping packaging tapes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Avery Dennison Corporation (NYSE: AVY), Nitto Denko Corporation (TYO: 6988), Intertape Polymer Group Inc. (TSE: ITP), Scapa Group PLC (LON: SCPA), Nichiban Co., Ltd. (TYO: 4218), 3M Company (NYSE: MMM), and tesa SE, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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