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Global Sealing and Strapping Packaging Tapes Market: By Material: Paper, Polypropylene, Polyvinyl Chloride, Others; By Type: Acrylic, Rubber, Silicone, Others; By Application: Carton Sealing, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sealing and Strapping Packaging Tapes Market Outlook
The global sealing and strapping packaging tapes market attained a value of USD 17.7 billion in 2020 and is expected to grow at a CAGR of 5% during the forecast period 2021-2026 to reach a value of USD 23.7 billion by 2026. 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: Industry Definition and 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)
- 3M Company
- Nitto Denko Corporation
- Intertape Polymer Group Inc.
- Tesa SE
- Scapa Group PLC
- Nichiban Co., Ltd.
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Material, Type of Adhesive, Application, Region |
| Breakup by Material | Paper, Polypropylene, Polyvinyl Chloride, Others |
| Breakup by Type of Adhesive | Acrylic, Rubber, Silicone, Others |
| Breakup by Application | Carton Sealing, Strapping & Bundling |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Avery Dennison Corporation (NYSE: AVY), 3M Company (NYSE: MMM), Nitto Denko Corporation (TYO: 6988), Intertape Polymer Group Inc. (TSE: ITP), Tesa SE, Scapa Group PLC (LON: SCPA), Nichiban Co., Ltd. (TYO: 4218), Others |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Sealing and Strapping Packaging Tapes Market Analysis
8.1 Key Industry Highlights
8.2 Global Sealing and Strapping Packaging Tapes Historical Market (2016-2020)
8.3 Global Sealing and Strapping Packaging Tapes Market Forecast (2021-2026)
8.4 Global Sealing and Strapping Packaging Tapes Market Market by Material
8.4.1 Paper
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Polypropylene
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Polyvinyl Chloride
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Others
8.5 Global Sealing and Strapping Packaging Tapes Market by Type
8.5.1 Acrylic
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Rubber
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Silicone
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Sealing and Strapping Packaging Tapes Market by Application
8.6.1 Carton Sealing
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Strapping and Bundling
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Sealing and Strapping Packaging Tapes Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Avery Dennison Corporation (NYSE: AVY)
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nitto Denko Corporation (TYO: 6988)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Intertape Polymer Group Inc. (TSE: ITP)
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Scapa Group PLC (LON: SCPA)
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Nichiban Co., Ltd. (TYO: 4218)
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Sealing and Strapping Packaging Tapes Market: Key Industry Highlights, 2016 and 2026
2. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Material (USD Million), 2016-2020
3. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Material (USD Million), 2021-2026
4. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Adhesive (USD Million), 2016-2020
5. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Adhesive (USD Million), 2021-2026
6. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Application (USD Million), 2016-2020
7. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Application (USD Million), 2021-2026
8. Global Sealing and Strapping Packaging Tapes Historical Market: Breakup by Region (USD Million), 2016-2020
9. Global Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Region (USD Million), 2021-2026
10. North America Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Million), 2016-2020
11. North America Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Europe Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Million), 2016-2020
13. Europe Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Asia Pacific Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Million), 2016-2020
15. Asia Pacific Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Latin America Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Million), 2016-2020
17. Latin America Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Middle East and Africa Sealing and Strapping Packaging Tapes Historical Market: Breakup by Country (USD Million), 2016-2020
19. Middle East and Africa Sealing and Strapping Packaging Tapes Market Forecast: Breakup by Country (USD Million), 2021-2026
20. Global Sealing and Strapping Packaging Tapes Market Structure
Key Questions Answered in the Report
In 2020, the global sealing and strapping packaging tapes market attained a value of nearly USD 17.7 billion.
The market is projected to grow at a CAGR of 5% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 23.7 billion by 2026.
The major drivers of the industry, such as the growing demand from various end use sectors, increasing hygiene awareness, thriving food and beverages industry, growing sales of consumer electronics, expanding retail industry, and growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the market include the growing R&D activities and expanding e-commerce sector.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major materials required to produce sealing and strapping packaging tapes include paper, polypropylene, and polyvinyl chloride, among others.
The significant adhesive-types used for sealing and strapping packaging tapes include 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 industry are Avery Dennison Corporation, 3M Company, Nitto Denko Corporation, Intertape Polymer Group Inc., Tesa SE, Scapa Group PLC, and Nichiban Co., Ltd., among others.
Analyst Review
The global sealing and strapping packaging tapes market attained a value of USD 17.7 billion in 2020, 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 2021-2026, growing at a CAGR of 5%. The market is projected to reach USD 23.7 billion by 2026.
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, 3M Company, Nitto Denko Corporation, Intertape Polymer Group Inc., Tesa SE, Scapa Group PLC, and Nichiban Co., Ltd., 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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