The latest report by IMARC Group, titled “Packaging Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global packaging tapes market size reached US$ 78.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 112.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.93% during 2024-2032.

Packaging tapes are adhesive materials commonly used to seal and secure packages in the packaging and shipping industry. These tapes are designed to bond to various surfaces, typically cardboard or other packaging materials, ensuring that the contents of a package remain intact during transit. They are available in various forms, including clear, brown, or colored, with numerous widths and lengths to accommodate different packaging needs. Additionally, they provide a secure seal that protects items from damage, tampering, or exposure to external elements such as moisture or dust. They are also easy to apply with hand pressure, and some are available with dispensers for added convenience.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/packaging-tapes-market/requestsample

Packaging Tapes Market Trends and Drivers:

The packaging tape market is primarily driven by the rising e-commerce industry. In addition, the increasing product use for efficient and secure packaging solutions ensures that products reach customers undamaged, thus influencing market growth. Moreover, several advancements in tape manufacturing technology and the development of stronger, more adhesive, and longer-lasting packaging tapes represent another major growth-inducing factor. Along with this, businesses are opting for high-performance tapes to enhance their packaging processes and reduce the risk of product damage during transit, thus propelling market growth. Besides this, companies are using custom-printed packaging tapes with their logos and branding messages, which enhances brand visibility and adds a professional touch to the packaging, making it more appealing to customers, thus accelerating the sales demand. In line with this, the rising demand for resilient and reliable packaging solutions in securing goods during transit reduces the risk of damage or spoilage, thus augmenting the market growth. Furthermore, the growing awareness of environmental issues led to the escalating demand for eco-friendly packaging solutions that are recyclable or produced from sustainable materials, thus creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Tape Type:

  • Pressure-Sensitive Tape
  • Masking Tape
  • Duct Tape
  • Filament Tape
  • Others

Breakup by Material Type:

  • Plastic
  • Paper
  • Metal Foil

Breakup by End Use:

  • E-Commerce
  • Food and Beverages
  • Retail
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M Company
  • ADH Tape
  • H.B Fuller Company
  • Intertape Polymer Group Inc.
  • LORD Corporation (Parker Hannifin Corporation)
  • Nitto Denko Corporation
  • PPM Industries S.p.A.
  • Scapa Group Ltd. (Mativ Holdings, Inc)
  • Shurtape Technologies LLC
  • Tesa SE Group (Beiersdorf AG

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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