Sealing & Strapping Packaging Tapes Market

Sealing & Strapping Packaging Tapes Market Size, Share, Growth Analysis, By Material(Paper, Polypropylene, Polyvinyl Chloride, Other), By Adhesive(Acrylic, Rubber-based, Silicone, Others), By Application(Carton Sealing & Inner Packaging, Strapping & Bundling), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG15E2264 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Sealing & Strapping Packaging Tapes Market Insights

Market Overview:

The market for sealing and strapping packaging tapes witnessed an estimated value of USD 18.55 billion in 2019, reflecting its global scale. Projections indicate a steady growth trajectory with a compound annual growth rate (CAGR) of 4.8% anticipated from 2020 to 2027. These figures highlight the growing significance of sealing and strapping packaging tapes as essential components of the packaging industry, indicating sustained demand and opportunities for market expansion in the coming years.

Sealing & Strapping Packaging Tapes Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Sealing & Strapping Packaging Tapes was estimated to be valued at US$ XX Mn in 2021.

The Sealing & Strapping Packaging Tapes Market is estimated to grow at a CAGR of XX% by 2028.

The Sealing & Strapping Packaging Tapes Market is segmented on the basis of Material, Adhesive, Application, Region.

Based on region, the Sealing & Strapping Packaging Tapes Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Sealing & Strapping Packaging Tapes Market are , 3M Company , Avery Dennison Corporation , Nitto Denko Corporation , Tesa SE , Intertape Polymer Group , Scapa Group plc , Wuhan HuaxiaNanfeng Adhesive Tapes , Shrutapes , Mactac , Nichiban.

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Sealing & Strapping Packaging Tapes Market

Report ID: UCMIG15E2264

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