openPR Logo
Press release

Packaging Tapes Market 2020 | Application, COVID-19 Analysis, Global Share, Size, Growth, Industry Trends, Outlook and Forecast 2023

12-11-2020 01:54 PM CET | Logistics & Transport

Press release from: MRFR

Packaging Tapes Market 2020 | Application, COVID-19 Analysis,

Summary

Packaging Tapes Market Future Scope, Analysis, Growth by Type (Filament tapes, Double-sided tapes, Parcel tapes, Light-duty packaging tapes, and others) by Material (Acrylic, Hot Melt, and others) by Application (Food & Beverages, Chemicals, Consumer Goods, and others) and Region - Forecast to 2021

Market Synopsis

The global packaging tapes market is growing persistently. The market growth attributes to the spurting rise in the e-commerce and organized retail sector. Besides, the growing usage of packaging tapes across various industries, alongside the burgeoning packaging sector worldwide, drive market growth. Also, rising developments of high-performance packaging tape materials foster the growth of the market. Moreover, rapid increase in the economy and food & beverage industry escalates the growth of the market.

According to Market Research Future (MRFR), the global packaging tapes market is projected to garner exponential traction by 2023, posting an impressive CAGR during the review period (2018-2023). Augmenting demand from the consumer goods industry, alongside the rapid industrialization, boosts the growth of the market. Besides, increasing the consumption of packaging tapes for extensive applications in the packaging, electrical, and electronics sectors accelerate the market growth excellently.

Request Free Sample @ https://www.marketresearchfuture.com/sample_request/1406

Additionally, factors such as the increase in urbanization and DIY projects influence the growth of the market. Besides, substantial R&D investments to drive innovations in tape materials, manufacturing techniques, and product developments foster the growth of the market. Consumers today are positively influenced by solutions using recycled content in plastic.

Rising developments of environmental packaging solutions using sustainable solutions increase market sales. On the other hand, price volatility and the demand-supply gap in raw materials required for production are the key factors anticipated to impede market growth.

Segments

MRFR has segmented the market into four dynamics;

By Type : Filament Tapes, Double-Sided Tapes, Parcel Tapes, Light-Duty Packaging Tapes, and others.

By Material : Acrylic, Hot Melt, and others.

By Application : Food & Beverages, Chemicals, Consumer Goods, and others.

By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World.

Major Players:

Players leading the packaging tapes market include H.B. Fuller Company, 3M, Avery Dennison Corporation, Nitto Denko Corporation, Henkel AG & Co. KGaA, Advance Tapes International, Bostik SA, Adhesives Research Inc., Dow Corning Corporation, Franklin International, Evans Adhesive Corporation, Ltd., Lord Corporation, and Intertape Polymer Group, among others.

Industry/Innovation/ Related News:

June 17, 2020 ----- Essentra Packaging (the UK), a leading packaging solution company, launched the industry's first tear tape developed with recycled PET for flexible packaging. The new product, SupaStrip PCR, is made from recycled PET to combine the sustainability of rPET alongside the benefits of easy-opening and brand enhancement. Essentra manufactures pressure-sensitive tear tape, labels, closures, and seals for the packaging and labeling industry.

Essentra claims that its new tear tape is easy to implement within flexible packaging lines and intuitive to use, apparently providing fast, safe, and immediate access. Also, the tape's printability allows brand messages and logos to be added.

Regional Analysis

The Asia Pacific region dominates the global packaging tapes market. The largest market share attributes to the increasing demand from across the end-use industries. Besides, the continually rising consumption of packaging tapes and the burgeoning packaging industry in the region drive the regional market growth. Moreover, upsurge in demand in developing countries such as India, China, and Japan due to the growing food & beverages and consumer goods industry escalate the market demand. The APAC packaging tapes market is projected to retain its dominance throughout the estimated period.

North America stands second in the global packaging tapes market. The market growth is driven by the rapidly growing e-commerce industries in the region. Additionally, increased investments in the organized retail sector drive market growth. Also, well-established markets in Canada and Mexico contribute to the regional market growth, majorly. Besides, the increasing demand from the shipment & courier companies in the region accelerates the market sales in the region. The packaging tapes market in North America is expected to create a substantial revenue pocket during 2018-2023.

The Europe packaging tapes market holds a sizable share in the global packaging tapes market. Factors such as the burgeoning packaging, led by the food & beverage and consumer goods sectors, drive the regional market significantly. Moreover, the rapid industrialization impacts market growth positively. Furthermore, rise in productivity, R&D investments, and disposable income in demographics drive regional market growth. The European packaging tapes market is anticipated to grow at an impressive CAGR during the assessment period.

Competitive Analysis

Highly competitive, the global packaging tapes market appears fragmented due to the presence of several well-established players. To gain a larger competitive advantage, industry players incorporate strategic initiatives, such as mergers & acquisitions, collaborations, expansion, and product/technology launch. Matured players make substantial investments in innovation/R&D, brand building, and form strong relationships with customers to maintain their position in the morning.

Manufacturers operating in the market strive to deliver innovative solutions that can improve the packaging process in businesses worldwide. Also, industry players apply the science of adhesion and technologies to help consumers improve the packaging.

Browse Full Report Details With TOC @ https://www.marketresearchfuture.com/reports/packaging-tapes-market-1406

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued……

Office No. 528, Amanora Chambers
Pune – 411028

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Packaging Tapes Market 2020 | Application, COVID-19 Analysis, Global Share, Size, Growth, Industry Trends, Outlook and Forecast 2023 here

News-ID: 2207839 • Views: …

More Releases from MRFR

Hot Briquetted Iron Market to Expand at 8.39% CAGR by 2034
09-25-2025 | Energy & Environment
MRFR
Hot Briquetted Iron Market to Expand at 8.39% CAGR by 2034
According to Market Research Future analysis, the Hot Briquetted Iron Market was valued at USD 94.06 Billion in 2024 and is expected to rise from USD 101.95 Billion in 2025 to USD 210.56 Billion by 2034, registering a CAGR of 8.39% from 2025 to 2034. The global Hot Briquetted Iron (HBI) Market is gaining momentum as steelmakers seek high-quality, low-impurity iron feedstock to optimize production processes and reduce carbon emissions. HBI…
PEM Electrolyzer Market to Witness 30.42% CAGR Growth by 2034
09-25-2025 | Energy & Environment
MRFR
PEM Electrolyzer Market to Witness 30.42% CAGR Growth by 2034
According to Market Research Future analysis, the PEM Electrolyzer Market was valued at USD 0.66 Billion in 2024 and is projected to grow from USD 0.86 Billion in 2025 to USD 9.12 Billion by 2034, recording a CAGR of 30.42% during the forecast period. The global focus on clean energy and decarbonization has accelerated the adoption of Proton Exchange Membrane (PEM) electrolyzers, a key technology for producing green hydrogen. PEM electrolyzers…
Oil and Gas Equipment Service Market to See 1.64% CAGR by 2034
09-25-2025 | Energy & Environment
MRFR
Oil and Gas Equipment Service Market to See 1.64% CAGR by 2034
According to Market Research Future analysis, the Oil and Gas Equipment Service Market was estimated at USD 793.87 Billion in 2024 and is expected to grow from USD 806.90 Billion in 2025 to USD 934.29 Billion by 2034, with a CAGR of 1.64% during 2025-2034. The Oil & Gas Equipment & Services Market is a critical component of the global energy sector, providing essential tools, machinery, and services required for exploration,…
Solar Dryer Market to Achieve 8.20% CAGR Growth by 2034
09-25-2025 | Energy & Environment
MRFR
Solar Dryer Market to Achieve 8.20% CAGR Growth by 2034
According to Market Research Future analysis, the Solar Dryer Market was valued at USD 17.62 Billion in 2024 and is projected to rise from USD 19.03 Billion in 2025 to USD 38.11 Billion by 2034, exhibiting a CAGR of 8.20% during the forecast period. The growing need for sustainable, energy-efficient, and low-cost drying solutions is driving the adoption of solar dryers across agriculture, food processing, and industrial sectors. Solar dryers utilize…

All 5 Releases


More Releases for Tapes

Prateek Tapes Revolutionizes Adhesive Solutions with Specialized Wall Tapes
Delhi, India - Prateek Tapes, a leader in adhesive manufacturing and part of Lalit Jain Industries Private Limited, is proud to introduce its latest innovation: Adhesive Tape for Walls. Designed to meet the growing demand for reliable, easy-to-use, and damage-free mounting solutions, these tapes offer exceptional performance for both residential and industrial applications. Revolutionizing Wall Applications Adhesive tapes for walls have become an essential tool in homes and workplaces alike. Whether it's…
Carry Handle Adhesive Tapes Market Analysis and Forecast To 2028 | Alimac, 3M, T …
Global Carry Handle Adhesive Tapes Market Size was estimated at USD 123 million in 2021 and is projected to reach USD 154.4 million by 2028, exhibiting a CAGR of 3.3% during the forecast period. Report Overview: Global Carry Handle Adhesive Tapes Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast…
Global Masking Tapes Market, Global Masking Tapes Industry, Covid-19 Impact Glob …
The Masking Tapes market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Masking Tapes Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Masking Tapes market. The report focuses on well-known providers in the global…
Carry Handle Adhesive Tapes Market Competitive Research and Precise Outlook- Ali …
The Carry Handle Adhesive Tapes report provides overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015…
Duct Tapes Market Size by Product Market & Growth Outlook Beyond 2027 | Ltd, ABL …
The Duct Tapes Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released by Data Bridge Market Research. The report presents a complete assessment of the Market covering future trend, current growth factors, attentive opinions, facts, and industry validated market data forecast till 2027. Delivering the key insights pertaining to this industry, the report provides an in-depth analysis of the latest trends, present and future business…
UV-cured Acrylic Adhesive Tapes Market Report 2018: Segmentation by Product (Foa …
Global UV-cured Acrylic Adhesive Tapes market research report provides company profile for 3M, No-tape Industrial Co. Ltd., tesa SE, Henkel AG & Company KgaA, Scapa Group Plc., Collano Adhesives AG, H.B. Fuller, Eurobond Adhesives Ltd., Denka Co. Ltd., Avery Dennison Corp. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in…