Global Carry Handle Adhesive Tapes Market Report and Forecast 2024-2032

Global Carry Handle Adhesive Tapes Market Report and Forecast 2024-2032

Global Carry Handle Adhesive Tapes Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global carry handle adhesive tapes market size reached a value of USD 278.09 million in 2023. Aided by the increasing demand for convenience packaging solutions and the growing applications of carry handle adhesive tapes in various sectors, the market is projected to further grow at a CAGR of 6.3% between 2024 and 2032 to reach a value of USD 483.74 million by 2032.

Carry handle adhesive tapes, also known as handle tapes or carry tapes, are specialised adhesive tapes designed to provide a convenient carrying solution for packaged goods. These tapes typically feature a strong adhesive backing and a durable handle structure, allowing consumers to easily lift and carry packages without the need for additional handles or straps. Carry handle adhesive tapes find widespread use in various sectors, including consumer goods, food and beverage, pharmaceuticals, and e-commerce, offering a cost-effective and efficient packaging solution for manufacturers and retailers.

The carry handle adhesive tapes market growth is underpinned by several key drivers. The rising consumer demand for convenience and portability in packaged goods, coupled with changing lifestyle preferences and urbanisation trends, has fuelled the adoption of carry handle adhesive tapes as a practical packaging solution for a wide range of products, including beverages, household items, and personal care products.

Moreover, the growing emphasis on sustainable packaging practices and the reduction of plastic waste has led to the development of eco-friendly carry handle adhesive tapes made from recyclable materials such as paper and biodegradable adhesives. Additionally, advancements in adhesive technology, such as the development of high-performance pressure-sensitive adhesives (PSAs) and innovative handle designs, have enhanced the strength, durability, and functionality of carry handle adhesive tapes, consequently driving up the carry handle adhesive tapes market share.

The market is characterised by a wave of technological innovations and advancements aimed at enhancing product performance, versatility, and sustainability. Leading manufacturers and suppliers are investing in research and development initiatives to develop next-generation carry handle adhesive tapes with advanced features such as enhanced adhesion, moisture resistance, and tear resistance, catering to the evolving needs of end-users.

Furthermore, the adoption of digital printing technology enables customisation and branding opportunities, allowing manufacturers to print logos, graphics, and promotional messages directly onto carry handle adhesive tapes, enhancing brand visibility and consumer engagement. Additionally, the integration of smart packaging technologies, such as near-field communication (NFC) tags and QR codes, enables interactive packaging experiences and provides valuable product information to consumers, further driving market growth and differentiation.

As per the carry handle adhesive tapes market analysis, it is projected that silicone-based tapes will experience significant growth during the forecast period. This can be attributed to their numerous advantages and the increasing demand from major industries. Silicone tapes exhibit excellent resistance to both high and low temperatures, making them suitable for applications where temperature fluctuations are a concern. Additionally, these tapes are chemically resistant, flexible, durable, and non-toxic, making them ideal for medical and food-related uses. The expanding electronics sector is expected to contribute to the market share of carry handle adhesive tapes in the coming years, as they are extensively utilised in the packaging and transportation of electronic devices. These tapes are used to attach handles to the packaging of products such as laptops, tablets, monitors, and other consumer electronics, facilitating easy carrying for consumers. During the logistics and transportation phase, it is crucial to securely package electronic components and devices to prevent damage during transit. Carry handle tapes provide a reliable solution for safely handling and moving these delicate items, leading to carry handle adhesive tapes market development.

Developed economies such as North America and Europe emerge as leading markets for carry handle adhesive tapes, driven by factors such as strong consumer demand for convenience packaging solutions, mature retail infrastructure, and stringent packaging regulations.

Additionally, emerging markets in Asia Pacific, Latin America, and the Middle East are witnessing rapid growth in demand for carry handle adhesive tapes, fuelled by factors such as urbanisation, rising disposable incomes, and increasing consumer awareness of packaging convenience and functionality. Moreover, the expansion of e-commerce and online retail channels further boosts market growth, as manufacturers and retailers seek efficient packaging solutions to meet the growing demand for home delivery services.

Market Segmentation

The market can be divided based on the type, technology, end use, and region

Market Breakup by Type

• Acrylic
• Rubber
• Silicone
• Ethylene Vinyl Acetate
• Others

Market Breakup by Technology

• Solvent-based
• Water-based
• Hot Melt
• Radiation-based
• Electronic Beam Curved
• UV Curved

Market Breakup by End Use

• Electronics
• Packaging
• Medical
• Construction
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global carry handle adhesive tapes market. Some of the major players explored in the report by Expert Market Research are as follows:

• Alimac Srl
• Davik Industries
• NRG Tapes
• Tesa SE
• Advance Packaging & Adhesive LLC
• Supertape BV
• Venera D.O.O.
• 3M Company
• Noble Packaging
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.