Sealing and Strapping Packaging Tapes

Sealing and Strapping Packaging Tapes

Global Sealing and Strapping Packaging Tapes Market to Reach US$33.6 Billion by 2030

The global market for Sealing and Strapping Packaging Tapes estimated at US$23.4 Billion in the year 2023, is expected to reach US$33.6 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2023-2030. Paper Material, one of the segments analyzed in the report, is expected to record a 6.0% CAGR and reach US$14.6 Billion by the end of the analysis period. Growth in the Polypropylene Material segment is estimated at 5.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$6.1 Billion While China is Forecast to Grow at 8.3% CAGR

The Sealing and Strapping Packaging Tapes market in the U.S. is estimated at US$6.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Sealing and Strapping Packaging Tapes Market - Key Trends and Drivers Summarized

How Are Sealing and Strapping Packaging Tapes Streamlining Logistics?

Sealing and strapping packaging tapes are essential tools in the packaging industry, providing secure sealing and bundling of goods for safe transportation and storage. These tapes are used across various sectors, including e-commerce, logistics, food and beverage, and industrial manufacturing. Sealing tapes are primarily used for closing corrugated boxes and cartons, while strapping tapes are designed for bundling and securing heavy loads, pallets, and products during shipment. With increasing global trade and the rise of e-commerce, sealing and strapping tapes play a critical role in ensuring that goods are safely delivered, minimizing damage and loss in transit.

What Are the Key Segments in the Sealing and Strapping Packaging Tapes Market?

Key tape types include acrylic, rubber-based, and silicone adhesive tapes, with acrylic tapes dominating due to their strong adhesive properties, cost-effectiveness, and versatility across various surfaces. In terms of materials, the market comprises polypropylene, PVC, and paper tapes, with polypropylene tapes leading the market due to their high tensile strength and wide usage in carton sealing. Major applications include e-commerce packaging, food and beverage packaging, industrial packaging, and logistics, with e-commerce accounting for a significant share due to the growing demand for safe and secure parcel delivery.

How Are Sealing and Strapping Tapes Being Utilized Across Industries?

In the e-commerce sector, sealing tapes are used extensively for closing boxes, parcels, and packages, ensuring tamper-proof delivery and customer satisfaction. Strapping tapes are critical in logistics and warehousing, where they secure pallets and bundles of products, preventing movement and damage during transportation. In the food and beverage industry, packaging tapes ensure the safe sealing of cartons and containers, complying with hygiene and safety standards. The industrial sector uses high-strength strapping tapes to secure heavy machinery parts, metal components, and bulk materials, supporting efficient and secure logistics. Additionally, these tapes are increasingly used in automated packaging lines, enhancing efficiency and reducing manual labor in high-volume packaging environments.

What Factors Are Driving the Growth in the Sealing and Strapping Packaging Tapes Market?

The growth in the Sealing and Strapping Packaging Tapes market is driven by several factors, including the expanding e-commerce sector, which has increased demand for safe and secure packaging solutions. The rise in global trade and logistics has further fueled demand for sealing and strapping tapes, as businesses seek to protect goods during long-distance transportation. Advancements in tape materials, such as reinforced polypropylene and eco-friendly adhesive formulations, have improved performance and sustainability, supporting broader adoption. The increasing focus on tamper-proof packaging, especially in sectors like food, pharmaceuticals, and electronics, has also boosted the demand for high-strength sealing and strapping tapes. Additionally, the growth of automated packaging systems in manufacturing and logistics has contributed to market expansion by enhancing the efficiency of tape application.

Select Competitors (Total 42 Featured) -

• 3M
• Adhesives Research, Inc.
• Advance Tapes International
• Ajit Industries Pvt. Ltd.
• Avery Dennison Corporation
• Berry Global Inc.
• Can-Do National Tape
• Cantech
• Euro Tapes Private Limited (Unit Of Euro Technologies)
• Industrias TUK, S.A. de C.V.
• Intertape Polymer Group
• Mactac Americas
• Nichiban Co., Ltd.
• Nitto Denko Corporation
• Rajapack Ltd
• Shurtape Technologies, LLC
• Stick Tapes Private Limited
• tesa SE - A Beiersdorf Company
• U Pack
• UltraTape
• Xinxiang Yongsheng Packaging Materials Technology Co., Ltd.

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