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Sealing and Strapping Packaging Tapes Market Share

Report ID: GMI6369
Published Date: Aug 2023
Report Format: PDF

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Sealing and Strapping Packaging Tapes Market Share

Some prominent players in the global sealing and strapping packaging tapes market are:

3M Company
tesa SE
Avery Dennison Corporation
Intertape Polymer Group Inc
Nitto Denko Corporation
Scapa Group plc
Shurtape Technologies LLC,
Bostik SA
Saint-Gobain Performance Plastics Corporation
Advance Tapes International Ltd.

These players concentrate on strategic partnerships, new product launches, and commercialization efforts for market growth. Furthermore, they make huge investments in research & development to launch advanced products and gain maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for sealing and strapping packaging tapes was valued at more than USD 21 billion in 2022. Driven by the exponential surge in e-commerce, the market is poised to record a CAGR of 4.7% during 2023 and 2032.

The acrylic segment of sealing and strapping packaging tapes industry accounted for a 40% revenue share in 2022, attributed to the exceptional bonding strength, versatility, and durability acrylic adhesive, along with the superior resistance to temperature fluctuations, moisture, and UV radiation.

North America market for sealing and strapping packaging tapes was worth USD 6.9 billion in 2022 and is estimated to showcase impressive growth trends during 2023 and 2032, backed by a mature e-commerce sector, a robust manufacturing base, and a well-established logistics infrastructure.

3M Company, tesa SE, Avery Dennison Corporation, Intertape Polymer Group Inc., Nitto Denko Corporation, Scapa Group plc, Shurtape Technologies, LLC, Bostik SA, Saint-Gobain Performance Plastics Corporation, and Advance Tapes International Ltd. among others.