Sealing Strapping Packaging Tapes Market Scope

The sealing and strapping packaging tapes market refers to the market for tapes that are used to seal and strap packages for storage and transportation. These tapes are made of a variety of materials, including plastic, paper, and cloth, and are used in a range of industries, including food and beverage, healthcare, e-commerce, and transportation.

The global sealing and strapping packaging tapes market is expected to grow in the coming years due to the increasing demand for packaging materials in various industries, as well as the growing e-commerce sector. The sealing strapping packaging tapes market is projected to grow from USD 17.4 billion in 2018 to USD 22.1 billion by 2023, recording a CAGR of 4.89%. The market report provides analysis by Sealing Strapping Packaging Tapes Market by Material (PP, Paper, PVC), type of adhesive (Acrylic, Rubber-based, and Silicone), Applications (Carton sealing and Strapping bundling), and Region. The market is also being driven by the increasing focus on sustainability, as many companies are using eco-friendly packaging materials to reduce their carbon footprint.

There are several different types of sealing and strapping packaging tapes, including pressure-sensitive tapes, water-activated tapes, and plastic strapping tapes. Pressure-sensitive tapes, also known as "sticky tapes," are made of a pressure-sensitive adhesive that sticks to a variety of surfaces. Water-activated tapes, also known as gummed tapes, are activated by water and are typically used for heavier packages. Plastic strapping tapes are made of strong, flexible plastic and are used to secure heavy or awkwardly shaped packages.

Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=136369024

Sealing Strapping Packaging Tapes Market Segmentation

The market for these tapes can be segmented based on several factors, including:

By Material

• Paper
• Polypropylene
• Polyvinyl Chloride
• Others

The polypropylene segment is estimated to witness the fastest growth during the forecast period

The polypropylene segment is estimated to be the fastest-growing segment in the market during the forecast period. The sealing strapping packaging tapes market is witnessing a high demand due to the various benefits of polypropylene in sealing strapping packaging tapes, such as high abrasion, impact-resistant, water-resistant, and high flexibility.

By Type of Adhesive

• Acrylic
• Rubber-Based
• Silicone
• Others

By Application

• Carton Sealing Tapes
• Strapping Building

The carton sealing tapes segment is estimated to account for the largest share in the sealing strapping packaging tapes market

The sealing strapping packaging tapes market is segmented as carton sealing tapes and strapping bundling, in terms of application. The carton sealing tapes segment accounted for the largest share, as it is a widely used packaging tape, which is more economical and can be used over all types of packaging, which includes primary, secondary, and tertiary packaging products.

By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Spain
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia Pacific
• Middle East Africa
  • Saudi Arabia
  • Turkey
  • South Africa
  • Rest of the Middle East Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America

View Full Report with TOC List of Figure: https://www.marketsandmarkets.com/Market-Reports/sealing-strapping-packaging-tape-market-136369024.html

The Asia Pacific region is projected to account for the largest share in the sealing strapping packaging tapes market in 2023

The emerging economies such as China and India in the Asia Pacific region are projected to drive the sealing strapping packaging tapes market. China is projected to account for the largest market share and dominate the Asia Pacific sealing strapping packaging tapes market throughout 2023. In addition, factors such as strong government support, rapid economic development, availability of raw materials, and cheap labor cost are driving the demand for the packaging industry in the region. The growing use of these tapes in the packaging industry is projected to drive the demand for sealing strapping packaging tapes in emerging countries of Asia Pacific.

Sealing Strapping Packaging Tapes Market Key Players

• Avery Dennison Corporation (US)
• 3M Company (US)
• Nitto Denko Corporation (Japan)
• Intertape Polymer Group (Canada)
• Tesa SE (Germany)
• Scapa Group plc (UK)
• Shrutapes (US)
• Nichiban (Japan)
• Mactac (US)
• Wuhan Huaxia Nanfeng Adhesive Tapes (China)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]