Masking Tape Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Masking Tape Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Masking Tape Market

The global Masking Tape market size was valued at USD 5.2 billion in 2023, and the market is now projected to grow from USD 5.54 billion in 2024 to USD 8.66 billion by 2032, exhibiting a CAGR of 5.75% during the forecast period of 2023-2032.

During the COVID-19 pandemic, the masking tape marketplace was adversely affected. The impetuous outbreak of COVID-19 virus triggered a huge impact on the global markets. The unexpected shutdown of worldwide manufacturing and creation industries brought about a fantastic fall inside the demand for those tapes, further disrupting the masking tape market growth.

Masking tape is a pressure sensitive adhesive tape and can be effortlessly removed without inflicting any harm to the surface it was applied to. It’s capacity to leave no residue at the back is an important factor driving the market increase. The growing usage and therefore surging call for of those masking tapes amongst the foremost cease-use industries because of their amazing tackiness drives the global masking tape market share.

Nowadays, there's a large call for tapes that are sustainable and may be used for precise applications. To cater this want, numerous producers have now shifted their recognition in the direction of presenting tapes which might be made from surroundings pleasant substances and do no longer contain any deleterious chemical substances.

Comprehensive Analysis of Masking Tape Market

The Masking Tape market is seen rising at a swift rate due to its market segmentation. These market segmentations are methodologically classified into backing material analysis, adhesive type analysis, end user analysis, and region.

The Asia Pacific region has the highest global masking tape market share. The major contributors for this dominance are the region’s continuously expanding electricals & electronics, and consumer goods industries. The rapid industrialization in the region pushes the demand for masking tapes which then in turn boosts the market growth.

The key player companies in the masking tape industry are offering innovative packaging solutions in order to dominate the packaging industry. Furthermore, these players are constantly expanding their current customer base by constantly improving their existing product range. These companies include, 3M (U.S.), Nitto Denko Corporation (Japan), tesa SE (Germany), Intertape Polymer Group Inc. (U.S.), PPM Industries SpA (Italy), Shurtape Technologies, LLC (U.S.), PPI Adhesive Products (Ireland), Saint-Gobain (France), Avery Dennison Corporation (U.S.), Sicad Group (Italy), Berry Global Inc. (U.S.), Cintas Adhesive Ubis SA (Spain), Scapa Group Ltd (U.K.), Ultratape (U.S.), Advance Tapes International (U.K.).

In February 2023, PPM Industries, a leading European manufacturer of adhesive tapes, announced that its masking tape range has successfully received PEFC (Programme for the Endorsement of Forest Certification). This recognition is an indication that the company is dedicated to using sustainable and responsibly sourced raw materials in its manufacturing units.

Segmentation Table

Masking Tape Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.75% from 2024-2032

Unit Value (USD Billion)

Segmentation By Backing Material, By Adhesive Type, By End Use, By Region

By Backing Material Paper

Plastic

Fiberglass

Foil

Others

By Adhesive Type

Silicon-based Adhesive

Acrylic-based Adhesive

Rubber-based Adhesive

By End Use Automotive

Building & Construction

Aerospace

Electricals & Electronics

Consumer Goods

Logistics & Transportation

Others

By Region North America (By Backing Material, By Adhesive Type, by End Use, and Country)

- U.S. (By Backing Material)

- Canada (By Backing Material)

Europe (By Backing Material, By Adhesive Type, by End Use, and Country

- Germany (By Backing Material)

- U.K. (By Backing Material)

- France (By Backing Material)

- Italy (By Backing Material)

- Spain (By Backing Material)

- Russia (By Backing Material)

- Poland (By Backing Material)

- Romania (By Backing Material)

- Rest of Europe (By Backing Material)

Asia Pacific (By Backing Material, By Adhesive Type, by End Use, and Country)

- China (By Backing Material)

- India (By Backing Material)

- Japan (By Backing Material)

- Australia (By Backing Material)

- Southeast Asia (By Backing Material)

- Rest of Asia Pacific (By Backing Material)

Latin America (By Backing Material, By Adhesive Type, by End Use, and Country)

- Brazil (By Backing Material)

- Mexico (By Backing Material)

- Argentina (By Backing Material)

- Rest of Latin America (By Backing Material)

Middle East & Africa (By Backing Material, By Adhesive Type, by End Use, and Country)

- Saudi Arabia (By Backing Material)

- UAE (By Backing Material)

- Oman (By Backing Material)

- South Africa (By Backing Material)

- Rest of Middle East & Africa (By Backing Material)


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